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  None of my family members have Swiss bank account: Narayan Rane

  Politics | February 09, 2015 21:56 IST

  Mumbai: 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

  Politics | February 09, 2015 20:22 IST

  New 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 | February 09, 2015 17:46 IST

  London: 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 | February 09, 2015 17:32 IST

  New 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 | February 09, 2015 16:37 IST

  New 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 | February 09, 2015 12:06 IST

  New 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

  February 08, 2015 13:54 IST

  India'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 | January 20, 2015 16:04 IST

  New 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

  January 18, 2015 14:01 IST

  Mumbai: 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

  January 06, 2015 12:28 IST

  New 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

  December 14, 2014 15:13 IST

  New 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 | December 12, 2014 10:36 IST

  Paris: 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

  December 10, 2014 14:22 IST

  New 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

  December 05, 2014 14:33 IST

  New 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 | December 03, 2014 21:08 IST

  New 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

  December 03, 2014 12:58 IST

  New 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

  December 01, 2014 12:30 IST

  New 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

  Politics | November 28, 2014 7:23 IST

  New 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

  November 26, 2014 13:09 IST

  New 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 | November 24, 2014 22:23 IST

  New 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