Asia set to power global trade to $68.5 trillion: HSBC
India also has the potential for strong growth and is projected to outpace China, the report said, adding that the growth in merchandise exports from India is expected to average 6 percent a year in 2025-50 compared with just under 5 percent a year for China.
Nov 24, 2015, 14:48 PM IST
Black money: CBDT reviews HSBC accounts, ICIJ cases
The CBDT Thursday reviewed some important black money and tax evasion probes being conducted by the Income Tax department, including the HSBC Geneva banks list and few others where it is suspected that Indians have stashed assets abroad.
Nov 19, 2015, 20:56 PM IST
AB InBev, HSBC, Google, 8 others to testify at EU tax hearing
The European Parliament's tax committee can only issue a non-binding recommendation.
Nov 10, 2015, 23:29 PM IST
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Nov 03, 2015, 14:17 PM IST
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Black money: HSBC whistleblower offers to 'cooperate' with India
Claiming that "lot of information" on illicit funds is lying unused by the Indian authorities, HSBC whistleblower Herve Falciani Monday said he is willing to "cooperate" with the investigative agencies in their black money probe but would need "protection".
Nov 02, 2015, 18:18 PM IST
HSBC pre-tax profit up 32% at $6.1 billion, revenue down
Group chief executive Stuart Gulliver said the performance was "resilient", with pre-tax profit at USD 6.1 billion from USD 4.6 billion in the same quarter last year.
Nov 02, 2015, 16:52 PM IST
India needs bold reforms to achieve true potential: HSBC Report
The main determinant of medium-term high and sustainable economic growth is meaningful reforms and so far they have been gradual and 'project-specific', the global financial services firm said.
Oct 08, 2015, 13:20 PM IST
HSBC India head Naina Lal Kidwai to retire on December 31
Kidwai joined the bank as Vice Chairman and Managing Director at HSBC Securities and Capital Markets in 2002 and was appointed as group general manager in 2006. She took over as chief executive of HSBC India in 2007 and as Chairman of HSBC India in 2009.
Sep 30, 2015, 17:39 PM IST
Swiss authorities probe 7 banks for price fixing in metals market
Swiss competition authorities said Monday they were investigating UBS, HSBC, Deutsche Bank and four other banks on suspicion of price fixing in the precious metals market.
Sep 28, 2015, 14:27 PM IST
OROP to cost Rs 16,000 crore in FY16; to impact fiscal math: HSBC
One Rank One Pension (OROP) will have a significant impact on the country's fiscal bill and the overall cost will be around Rs 16,000 crore in the current financial year, says an HSBC report.
Sep 07, 2015, 17:11 PM IST
When HSBC technical glitch hit 275,000 payments!
A fault in the information used to process some payments from HSBC business customers has affected about 275,000 payments, a media report said.
Aug 29, 2015, 12:23 PM IST
RBI likely to go for 0.25% cut in September: HSBC
According to the global financial services firm, food prices have been falling across all major sub-groups, across the CPI and WPI measures, both on annual and sequential basis.
Aug 23, 2015, 12:21 PM IST
GST watered down, can still add 0.6% to GDP growth: HSBC
Terming GST as one of the most promising reforms on anvil, global giant HSBC on Wednesday said the bill has been "watered down" but can still add a "sizeable" 60 basis points to India's GDP growth rate.
Aug 12, 2015, 13:30 PM IST
RBI has space to cut rate by 0.25% this year: HSBC
The Reserve Bank has space for a final 25 basis points rate cut this year, after which it will be "difficult" for it to lower rates as meeting the medium term inflation target may get harder, says an HSBC report.
Aug 04, 2015, 17:59 PM IST
HSBC exits Brazil as group profit falls
HSBC has agreed to sell its Brazilian business to local group Banco Bradesco, the British banking giant announced Monday alongside news of a fall in net profits.
Aug 03, 2015, 21:08 PM IST
HSBC pre-tax net dips 11% as key verticals fare poorly
The oldest foreign lender HSBC India today reported 11 percent dip in pre-tax profit for the January-June period at USD 335 million due to a fall in the merchant banking, retail banking and wealth businesses.
Aug 03, 2015, 20:34 PM IST
HSBC profits fall 3.8% in Q2, Brazil sell-off agreed
HSBC announced Monday that net profit fell 3.8 percent in the three months to June, as the company agreed to sell its Brazilian business for $5.2 billion to Brazil`s Banco Bradesco.
Aug 03, 2015, 16:29 PM IST
Black money: Cooperating with Indian authorities on Swiss a/c probe, says HSBC
Facing a probe by Indian authorities into accounts held by Indians in Switzerland, global banking giant HSBC Monday said it is cooperating with the authorities.
Aug 03, 2015, 16:27 PM IST
