Tag: hsbc
India’s services sector growth at 3-month high, but quarter weakest since 2022, PMI shows
BENGALURU: India’s dominant services industry expanded at its fastest pace in three months in September on stronger demand for financial, consumer and digital services, a…
HSBC expects RBI to raise repo rate by 50 bps in FY27 amid strong growth, inflation pressures
New Delhi: India’s GDP growth in the second quarter of FY2026-27 came in significantly above the Reserve Bank of India‘s (RBI) 7 per cent forecast,…
Private sector growth hits three-month high
NEW DELHI: India’s private sector growth rose to a three-month high in September supported by stronger activity across both manufacturing and services, even as export…
India manufacturing PMI falls to 5-year low in August as demand weakens
New Delhi: Manufacturing activity in India slowed to its weakest pace in five years in August as growth in output and new orders moderated, reflecting…
June manufacturing PMI hits 3-month low on weak export & biz orders
New Delhi: India’s manufacturing activity eased to a three-month low in June as growth in new business orders and export demand weakened, softening output expansion,…
Manufacturing activity at 3-month high in May despite cost woes
New Delhi: India’s manufacturing sector activity growth rose to a three-month high in May, on sustained demand, infrastructure projects and new business gains, even as…
India manufacturing activity rose in May despite cost pressures, PMI shows
BENGALURU: India’s manufacturing sector expanded at its fastest pace in three months in May on sustained demand even as cost pressures were among the most…
Private sector activity eases in May; HSBC flash PMI slips to 58.1 amid West Asia conflict
New Delhi: India’s private sector activity eased marginally in May as growth in new orders, output and exports weakened amid the impact of the West…
Current account deficit to widen to 2.3 per cent of GDP in FY27 from 0.9 pc in FY26: Report
Mumbai: India’s current account deficit is set to widen to 2.3 per cent of GDP in FY27 from 0.9 per cent in FY26, a foreign…
PMI rises to 54.7; Inflation pressures mount
New Delhi: India’s manufacturing sector activity picked up modestly in April, driven by improvements in new business orders and production, a private survey released on…