Hsbc
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None of my family members have Swiss bank account: Narayan Rane
National | Feb 09, 2015, 09:56 PM ISTMumbai: Senior Congress leader and former Maharashtra Chief Minister Narayan Rane today categorically denied that he or any of his family members were having accounts in foreign banks.A media report today named Rane's wife Neelam
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CPI asks govt to urgently prosecute illegal account holders
National | Feb 09, 2015, 08:22 PM ISTNew Delhi: With a media report mentioning a fresh list of account holders abroad, CPI today said the onus is now on the government to immediately prosecute those having illegal accounts and confiscate the black
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Swiss leaks: 'All my accounts are legitimate', says Swraj Paul
World | Feb 09, 2015, 05:46 PM ISTLondon: NRI industrialist Lord Swraj Paul today said that all his bank accounts were legitimate.“All my accounts are legitimate. I am responsible for them. I pay full taxes where due,” he said reacting to media
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Indians rank 16th on leaked HSBC list
India | Feb 09, 2015, 05:32 PM ISTNew Delhi: With total funds of USD 4.1 billion, Indians rank 16th on the new leaked HSBC list of Swiss bank account holders from over 200 countries, while people from Switzerland itself are on the
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Swiss govt says HSBC list from 'stolen data'
India | Feb 09, 2015, 04:37 PM ISTNew Delhi: With a new ‘HSBC list' of Swiss bank accounts revealing over 1,000 Indian names, Switzerland today said these are from “stolen data”—an assertion that might make it difficult for India to get details
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Black money: SIT to discuss new names; review old ones today
India | Feb 09, 2015, 12:06 PM ISTNew Delhi: The Special Investigation Team (SIT) on black money will hold a meeting today to discuss status of cases of Indians found to have been holding illegal accounts abroad and disclosures made by an
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India to have current account surplus this quarter: HSBC
Feb 08, 2015, 01:54 PM ISTIndia's current account is likely to swing to surplus after 32 quarters of deficit in the January-March period, and will halve to 0.6 per cent of GDP in the next financial year starting April 1,
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Indian working class depends heavily on money saved in banks
India | Jan 20, 2015, 04:04 PM ISTNew Delhi: In a recent report published by HSBC, it has been revealed that most of the Indians depend on cash deposits and second domestic property for post –retirement income.Around 88% of the respondents said
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Only Govt spending can kick start economy: HSBC report
Jan 18, 2015, 02:01 PM ISTMumbai: With over-leveraged corporates and stressed banking assets, the onus of getting the economy back on track has fallen again on an equally stressed government, says a report.The responsibility is to boost growth by increasing
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Services sector sees moderate expansion in December: HSBC
Jan 06, 2015, 12:28 PM ISTNew Delhi: Services sector activity in India expanded in December, but at a slower pace as firms received lesser number of new orders as compared to the previous month, a monthly HSBC survey said.In November,
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HSBC sees Indian rupee to be best Asian unit next year, at 62.5-63 vs dollar
Dec 14, 2014, 03:13 PM ISTNew Delhi: Currency volatility will continue to plague Asian units as both global and local factors will exert pressure in 2015, but the rupee will be comparatively better off in the region, says HSBC.Pegging the
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Whistleblower Herve Falciani indicted by Swiss authorities
World | Dec 12, 2014, 10:36 AM ISTParis: Whistleblower Herve Falciani, who leaked information related to thousands of illicit bank account holders at HSBC in Geneva, was indicted by Swiss authorities on Thursday for industrial espionage and breach of trade and banking
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India's second most œup and coming destination for expats: HSBC
Dec 10, 2014, 02:22 PM ISTNew Delhi: India has been ranked as the second most ‘up and coming' destination – the countries that are getting better as a place to live and work in – for expats after China, says
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India's manufacturing, services growth outpaced China in November: HSBC
Dec 05, 2014, 02:33 PM ISTNew Delhi: Manufacturing and services sectors in India expanded at a faster pace than China in November, even as emerging market output slipped for the second consecutive month to a six-month low, a HSBC survey
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Blackmoney: Supreme Court asks Centre to ensure income tax probe by March, 2015
India | Dec 03, 2014, 09:08 PM ISTNew Delhi: The Supreme Court today asked the Centre to ensure that the ongoing income tax probe for suspected black money concerning 627 Indians who have accounts in HSBC bank, Geneva, do not get time
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HSBC: Services sector growth jumps to 5-month high in Nov
Dec 03, 2014, 12:58 PM ISTNew Delhi: Services sector activity in India accelerated at the fastest pace in five months in November, driven by faster growth in new business orders, an HSBC survey said today.The HSBC India Services Business Activity
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India's manufacturing sector output at nearly 2-year peak in Nov:HSBC
Dec 01, 2014, 12:30 PM ISTNew Delhi: India's manufacturing sector output accelerated in November at the quickest pace in nearly two years, driven by robust output and new orders, an HSBC survey said today.The headline HSBC India Purchasing Managers' Index
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India moving towards tax friendly regime: Arun Jaitley
National | Nov 28, 2014, 07:23 AM ISTNew Delhi: With an aim of improving the environment for investments, India is moving towards a tax friendly regime to correct the image which had become “bad” over the years, Finance Minister Arun Jaitley said
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India ranks 2nd in Asia with $1.4-bn FII flow: HSBC
Nov 26, 2014, 01:09 PM ISTNew Delhi: Foreign institutional investors warmed up to Asian equities in November as the region recorded net inflows of $5.3 billion, out of which India attracted $1.4 billion, says a report by HSBC.According to the
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Find more ways to bring back black money, PMO tells tax dept
India | Nov 24, 2014, 10:23 PM ISTNew Delhi: Aiming to intensify government's drive on black money, the PMO has asked the revenue department to look for ways other than bilateral tax treaties to bring back funds stashed abroad. The Prime Minister's Office