MF investors have been net sellers of equities this month, for the first time since August 2020, though equity outflows are tiny compared to the record $1.3-trn inflows since 2020, Barclays said
Barclays disclosed on March 28 that it had exceeded a U.S. limit on sales of structured products, triggering a loss and a potential restatement of 2021 accounts of two units
India imports more than two-thirds of its oil requirements and rising prices tend to push up imported inflation and widen the country's trade and current account deficits
The sale deals a further blow to Barclays just a day after it disclosed a compliance blunder leading to an estimated 450-mn pound ($589 mn) loss for overseling structured products in the United States
The lender turned to a London court after a Dubai judge ordered Bavaguthu Raghuram Shetty to pay the money after his foreign exchange business failed to meet a transaction agreement
The nation is facing an 8% rainfall deficit, which will impact future sowing and harvesting seasons, pressuring consumer prices and squeezing the agriculture sector, Barclays chief India economist
India Ratings and Research (Ind-Ra) has assigned long-term issuer default rating for Indian branch of Barclays Bank Plc (BBPLC) at AAA with a stable outlook.