HSBC to shut down private banking business in India 02/12/2015 4:58 am Mitul Paniker Marking the exit of yet another foreign bank, from the cut-throat wealth management business in Asia's third-largest economy, HSBC is shutting its private banking unit in India
Good response to India's gold bond scheme 02/12/2015 5:00 am Mitul Paniker In an overwhelming response to the government's gold bond scheme, the first tranche has received 63,000 applications for 917 kg of the metal, worth £24.6 million, as per a senior government official.
Falling oil price pushing up demand for dollar in India 02/12/2015 5:00 am Mitul Paniker The falling crude prices have turned good for some while it has not been so for other countries whose currency is pegged to US dollar.
RBI keeps rates on hold, more easing made conditional 02/12/2015 5:00 am Mitul Paniker The Reserve Bank of India (RBI) kept its key lending rate unchanged on Tuesday, leaving the door open for more easing but making that dependent on meeting a challenging inflation target for 2017.
Produce quality products, Jaitley urges exporters 02/12/2015 5:01 am Mitul Paniker India's finance minister Arun Jaitley has urged Indian exporters to produce quality products at competitive prices in the face of slowing demand in international markets and in the context of the continuous decline in the country's exports.
Sharif, Ghani vow to resume Taliban peace talks 02/12/2015 5:01 am Mitul Paniker Pakistan Prime Minister Nawaz Sharif and Afghan President Ashraf Ghani have agreed to work together to revive stalled peace talks with Taliban insurgents after meeting on the sidelines of a climate change conference in Paris, officials said.
Myanmar's top leaders to hold talks with Suu Kyi 02/12/2015 5:02 am Mitul Paniker Myanmar's top leaders will hold talks this week with opposition chief Aung San Suu Kyi, the first since her party's landmark election success
Indian-origin Antonio Costa is new Portugal PM 02/12/2015 5:03 am Mitul Paniker Portugal President Anibal Cavaco Silva has appointed Antonio Costa, an Indian-origin, as the new prime minister after the government formed following the October 4 election.
Bangladeshi arrested for threatening intellectual 02/12/2015 5:04 am Mitul Paniker Bangladesh police have arrested a man belonging to Jamaat-e-Islami for threatening Professor Anisuzzaman and Muntassir Mamoon with death
Jaya sues magazine for defamatory article 02/12/2015 5:05 am Mitul Paniker Tamil Nadu chief minister Jayalalithaa's office has issued a defamatory suit against popular Tamil weekly Ananda Vikatan for running a comprehensive series on the governance of the AIADMK government