hsbc

The Indian economy is progressively getting unlocked because of digitisation and simpler tax structure and is poised to reap the benefits of "re-globalisation" that is underway as companies alter supply lines to face the new geopolitical…

The United States Federal Reserveon Thursday announced the termination of a decade-long enforcement action against HSBC Holdings Plc for violation of anti-money laundering rules and sanction laws. The enforcement order ended on Aug. 26,…

is, for the first time, raising $320-million sustainability-linked loans from foreign lenders led by Bank of America, people familiar with the matter said. A borrower of sustainability linked loans can generally avail money up to 25…

A softening in food prices is expected to bring down India's headline inflation but sticky core inflation remains a worry, a report by HSBC said. Food prices, which were one of the major contributors of higher inflation, are expected to…

The Bank of England looks set to become the first major central bank to sell some of the government bonds it purchased during more than a decade of quantitative easing, with a 40 billion pound ($49 billion) sales programme likely to…

Hong Kong and Shanghai Banking Corp Ltd (HSBC) Europe's second largest bank by assets reported a 22% rise year-on-year in net profit from India in the first half of 2022 led by its corporate centre division, which provides support…

International Financial Services Centres Authority, the unified regulator for Gujarat GIFT City, is set to supplement the efforts of local regulators to bring back the flow of foreign capital to India. Efforts of the regulator will give…

Chinese mobile phone maker Vivo India has urged the Enforcement Directorate (ED) to unfreeze its bank accounts so it can continue its business, contending that the debit freeze of all its ten bank accounts has "jeopardised its very…

Some top financial institutions have come under the taxman's lens for goods and services tax (GST) on royalty from subsidiaries for use of the parent's brand name, logo, or tagline. The tax department has told the banks in recent…