Best Heaven on Earth for Business Travelers: Suzhou, China

Are you traveling for business or attending a conference to Shanghai, China? If so, you just can’t miss spending some time exploring the surrounding regions. If we have to name one, consider this: Suzhou. The guys at Los Angeles-based Cheap Every Door ... ( read original story ...)

Reserve Bank of India penalizes banks

NEW DELHI: The Reserve Bank of India (RBI) on Wednesday imposed monetary penalty on the Hongkong and Shanghai Banking Corporation Ltd. and the Kotak Mahindra Bank for violation of instructions on reporting requirements of FEMA 1999. The central bank ... ( read original story ...)

HSBC, Kotak fined for FEMA violation

MUMBAI: Reserve Bank of India has penalized Honkong and Shanghai Banking Corporation and Kotak Mahindra Bank for failing to adhere to guidelines on Foreign Exchange Management Act 1999. In a statement issued here on Wednesday, RBI said that it has imposed ... ( read original story ...)