Bengaluru (Karnataka) [India], March 10: CreditAccess Grameen Limited (NSE: CREDITACC, BSE: 541770, 'CA Grameen', or the 'Company'), the country's largest Non-Banking Financial Company-Micro Finance Institution (NBFC-MFI), has signed a syndicated social loan facility of USD 75 million, quali
India's tractor industry is likely to witness muted growth over the next few years as concerns around a weaker monsoon weigh on rural demand, though strong reservoir levels and replacement demand could provide some support, according to a report by HSBC Global Investment Research.
Output growth across India's service economy was broadly stable heading towards the end of the current fiscal year, despite new orders rising at the slowest pace since January 2025, according to the HSBC India Services PMI report.
India's manufacturing activity strengthened further in February, with the Purchasing Managers' Index (PMI) rising to a four-month high of 56.9 from 55.4 in January, according to data released by HSBC.
HSBC Global Investment Research has kept its Brent price forecast unchanged at USD 65 per barrel for 2026, even as it warned of rising risks following air strikes on Iran.
The outlook for India's tractor sector remains subdued in the coming years due to the anticipated El Nino effect, which may weaken the monsoon and weigh on rural demand, according to a report by HSBC.
The real estate sector in the country continues to remain fundamentally strong, supported by healthy demand, low unsold inventory, and controlled debt levels, though stock performance has remained weak despite steady operational growth, according to a report by HSBC.
Enterprise software is unlikely to be threatened by artificial intelligence (AI), and instead, AI will increasingly be embedded within software platforms to enhance functionality and create value, according to a report by HSBC.
India's private sector activity strengthened further in February, with the HSBC Flash India PMI Composite Output Index rising to 59.3 from 58.4 in January, marking the strongest rate of expansion in three months, according to data released by HSBC.
New Delhi [India], February 11: Canara HSBC Life Insurance Company Limited ("Canara HSBC Life Insurance") today announced the re-designation of Soly Thomas as the Deputy Chief Executive Officer and Chief Distribution Officer - Bancassurance.
India's services sector activity strengthened in January, with the Services Purchasing Managers' Index (PMI) rising to a two-month high of 58.5, while the Composite PMI, which combines manufacturing and services, increased to 58.4, according to data released by HSBC.
After losing growth traction at the end of 2025, Indian goods producers reported faster increases in new orders, output, employment and buying levels during January 2026, HSBC India Manufacturing PMI data showed Monday.