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Saturday, November 2, 2024
TopicStandard Chartered

Topic: Standard Chartered

ED fines Standard Chartered record Rs 100 cr for breaking forex rules in Tamilnad bank deal

An eight-year probe found that Standard Chartered violated the forex law when it worked with a group of investors to buy a stake in Tamilnad Mercantile Bank in 2007.

Kumar Mangalam Birla hires StanChart, Goldman bankers

The billionaire’s Aditya Birla Group appointed Standard Chartered dealmaker Sandeep Agrawal and Manish Dabir from Goldman, sources said.

US-China trade tensions may limit investor interest in Masala bonds even after Kerala sale

Kerala is the first local government to sell an offshore rupee-denominated bond & will list Rs 21.5 billion of Masala bonds on the London Stock Exchange Friday.

Bangladeshis will be richer than Indians by 2030, StanChart Bank says

While demographic dividend will be a boon for India, Bangladesh’s investments in health and education should juice productivity, Stanchart says

Nomura and StanChart predict worst over for India’s battered bond market & its buyers

The gap has narrowed down to 52 points between RBI’s benchmark rate and the 10-year yield bond data, a key market centric, says StanChart.

On Camera

As a Hindu Canadian, I am deeply hurt by cancellation of Diwali. My community is now sidelined

Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

All about Major Bob Khathing, whose daring expedition & diplomatic parleys secured Tawang for India

The decorated Naga officer from Manipur also served as envoy to Myanmar & Nagaland chief secy. Defence Minister Rajnath Singh inaugurated a museum dedicated to the Tawang hero Thursday.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.