Manufacturers adding new machines mid-month will be required to pay the full monthly cess for those machines, while new units starting operations during a month will be charged on a pro-rata basis.
The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) - a single-figure indicator of sector performance - fell from 56.6 in November to 55.0 in December, signalling the weakest improvement in the health of the sector in two years. The current figure was neverth
New Delhi [India], December 31: FITT, in Collaboration with HS Foundation, organised a entrepreneurship and innovation capacity- building programme at FITT IIT Delhi, aimed at strengthening innovation ecosystems in tier-2 and tier- 3 districts of India. The initiative is among the largest fa
Bangalore (Karnataka) [India], December 31: HSR Layout has steadily emerged as one of Bengaluru's most sought-after business districts, attracting startups, SMEs, and established enterprises alike. Known for its strategic location, excellent social infrastructure, and proximity to IT hubs su
India continues to stand out as a strategic long-term growth market within Asia, supported by strong structural fundamentals, favourable demographics and rising digital adoption, according to HSBC's Investment Outlook Q1 2026-Resilience in a Transforming World.
HSBC Private Bank has outlined four main priorities for investors as they move into 2026, highlighting opportunities created by artificial intelligence, rising investment spending, and the need for greater diversification.
As the world approaches the end of 2025, the year is likely to be remembered as a "tariff-ied" one from a global trade and economic perspective, while 2026 may emerge as a crucial year of transition, according to a report by HSBC Asset Management.
The Reserve Bank of India is expected to inject liquidity of around Rs 1.5 lakh crore to Rs 2.5 lakh crore during the first quarter (January-March) of calendar year 2026 through open market operations (OMOs), according to a report by HSBC Asset Management.
Chennai (Tamil Nadu) [India], December 23: Canara HSBC Life Insurance Company Limited ("Canara HSBC Life Insurance") has entered into a strategic bancassurance alliance with Equitas Small Finance Bank ("ESFB"), marking a significant step toward deepening life insurance penetration across Ind
New Delhi [India], December 19: HSBC India has expanded its collaboration with The Akshaya Patra Foundation, an implementing partner of the PM POSHAN programme, to strengthen its ongoing efforts to support school nutrition delivery for low-income students in Lucknow. The Hon'ble Deputy Chief
Indore (Madhya Pradesh) [India], December 17: HSBC India unveiled its new branch in Indore, Madhya Pradesh, marking a significant step in its strategic expansion across the country. This launch in Indore is the bank's 29th branch in India, following the Reserve Bank of India's approval ea
Mumbai (Maharashtra) [India], December 17: Somaiya Vidyavihar marked its 84th Foundation Day, reflecting on the institution's journey since 1942 and its growing role in shaping learners across disciplines. The celebration featured Chief Guest Mr Uday Kotak, Founder and Director of Kotak Mahi