HSBC considers exit from US retail banking: report

Washington: HSBC Holdings Plc is considering a complete exit from retail banking in the United States after narrowing the options for how to improve performance at its struggling North America business, the Financial Times reported on Saturday. The bank’s senior management aim to present the plan to the board in...

Apr-Sep FDI inflow at $30B

With India being an attractive destination for foreign funds despite the pandemic, FDI inflow rose 15 per cent during the April-September period to $30 billion. During the same period last fiscal, total FDI inflow stood at $26 billion. According to data from the Department for Promotion of Industry and Internal...

Increased FDI indicates global investors’ preference for India’s enabling environment, says Piyush Goyal

Commerce and Industry Minister Piyush Goyal on Saturday said that the increase in foreign direct investment (FDI) into India in July-September 2020 to $28.1 billion indicates global investors’ preference for the country’s enabling environment. The FDI during September quarter 2019 stood at $14.06 billion. “Despite COVID, FDI doubles year-on-year upwards...

Things to do if you cannot pay your home loan

We don't live that financially stable or secured all the time considering our era is unprecedented and anything happens at any point of time. If you are having challenges to pay off your home loan, consider these options. Consult with your bank manager and understand if there is any possibility...