Indian Rupee plunges 23 paise against USD in early trade

Indian rupee continued its slide against the US dollar in early trade on Friday and lost another 23 paise to trade at 66.80 at the Interbank Foreign Exchange on increased month-end demand for the American currency from importers.


HSBC ends private banking operation in India

HSBC is closing its private banking arm in India, where the increasing number of wealthy individuals has led to intense competition for their business.