HSBC’s CEO, Georges Elhedery, expresses strong confidence in the US dollar’s continued dominance as the global reserve currency. He highlights India’s unique growth potential, emphasizing HSBC’s commitment to expanding its presence, particularly in premier banking, to serve the affluent middle class. The bank is open to acquisitions that enhance capabilities and drive organic growth in strategic areas.
Oil shock and supply disruptions could delay market recovery: Sameer Dalal
Market expert Sameer Dalal warns that prolonged geopolitical tensions are overshadowing India’s growth and earnings outlook, leading to a pause in fresh equity investments. He