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Strong performance in manufacturing and service sectors resulted in the highest composite output index since June 2010

India’s economic activity surges to 14-year high in April: HSBC survey

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Combined manufacturing, services output rise at the fastest pace in nearly 14 years According to an HSBC survey, India's economic activity surged close to a...
The rise in total new business inflows was supported by the most marked increase in international orders since last October

India’s business activity surges to 4-month high at start of 2024: HSBC survey

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Indian economy on strong footing! Business activity expands at fastest pace in four months, shows PMI data India's business activity surged to a four-month high...
India’s solid macroeconomic fundamentals put it on track to be the global growth engine in the coming decade and beyond

India is investment destination of the decade: HSBC report

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What makes India best investment destination over the next decade: HSBC Wealth Report decodes HSBC said in its recent report that with longstanding trends of...
British officials worked throughout the weekend to find a buyer for the UK subsidiary of the California-based bank that failed last week

HSBC acquires Silicon Valley Bank UK arm for one pound

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HSBC buys UK subsidiary of collapsed Silicon Valley Bank Global banking giant HSBC Holdings is coming to rescue the United Kingdom-based branch of the collapsed...
#BlackMoney: HSBC whistleblower Falciani seeks protection to reveal to India

#BlackMoney: HSBC whistleblower Falciani seeks protection to reveal to India

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New Delhi HSBC bank whistleblower Herve Falciani on Monday said he was willing to cooperate with the Indian investigative agencies in probing black-money cases provided...
HSBC Settlement with the Swiss

HSBC Geneva settles with Swiss on Money laundering claims

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PerformanceGurus Staff Hongkong and Shanghai Banking Corporation (HSBC) agreed to settle with the Swiss to pay a fine of over 40 million Swiss francs for its...
We strongly believe it helps in cross border payments. It will bring in greater transparency and traceability: FM Sitharaman on digital currency

Govt of India, RBI actively engaged on digital currency: Finance Minister

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Both the regulator and the government are working on digital currency, says Nirmala Sitharaman India’s Finance Minister Nirmala Sitharaman on Thursday said the Government of...
The FCRA accounts of these trusts showed that they received Rs.58 crore from UK-based Ummah Welfare Trust

Bengal: UP ATS raids madrasa, seizes computer & SIM cards

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Madrasa run by human trafficking and terror funding operator raided in Bengal, had received Rs.58 cr via FCRA from UK Uttar Pradesh Police anti-terrorist squad...
The payment of royalties was nothing more than a means of sending money out of India therefore it is "blatant" violation of FEMA requirements

Xiaomi India CFO, former MD, 3 foreign banks get ED notice over FEMA ‘violation’...

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ED's action on Xiaomi India over FEMA violation The Enforcement Directorate (ED) has said that it has issued a show-cause notice to Xiaomi India, its...
CAIT in a letter to Piyush Goyal has raised fingers towards Cloudtail, a company of Infosys promoter Narayan Murthy

Indian Traders Association accuses Infosys Narayan Murthy for helping Amazon’s malpractices in India. Alleges...

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Narayana Murthy owns a majority share of 76% in Cloudtail Amid the current controversy regarding Amazon, the Confederation of All India Traders (CAIT) on Friday...
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