India's services sector continued to expand but at a slower phase in May 2025, with the Services PMI rising marginally to 58.8 from April's 58.7, according to the HSBC India Services PMI report released on Wednesday.
India's manufacturing activity slowed slightly in May, with the HSBC India Manufacturing Purchasing Managers' Index (PMI) falling to 57.6 from 58.2 in April, according to the HSBC PMI data released by S&P Global on Monday.
Mumbai (Maharashtra) [India], May 16: HSBC India today announced the launch of its upgraded rewards programme, HSBC Rewards Marketplace, a seamless platform designed to elevate the rewards experience for its customers with 20,000 offerings. This programme allows HSBC India credit card holder
New Delhi [India], March 25: On 1 April 2025, the iconic British designer Vivienne Westwood is set to host its first-ever fashion show in India against the backdrop of the historic and prestigious Gateway of India, Mumbai, to celebrate the country's rich textile heritage.
India's services sector expanded at a stronger pace in February, driven by rising domestic and international demand, leading to increased new orders, higher employment, and robust business activity. However, while cost pressures persisted, inflation rates eased to a four-month low, accord
India's manufacturing sector continued to expand in February, although at a slower pace compared to January, according to the HSBC India Manufacturing Purchasing Managers' Index (PMI) released by S&P Global.
"India's final manufacturing PMI marked a six-month high in January. Domestic and export demand were both strong, supporting new orders growth. The employment PMI suggested robust job creation in the manufacturing industry, as the index increased to its highest level since the series was cre
India's services sector ended 2024 on a strong note, with the HSBC India Services Business Activity Index rising from 58.4 in November to 59.3 in December, according to the HSBC PMI survey.
The figure, down slightly from November's 56.5 and below the 'flash' estimate of 57.4, still signaled robust growth as it remained above the long-term average of 54.1. However, the data highlighted signs of moderation in key areas, including production, new orders, and inventories.
India's services sector witnessed a robust performance in October, as the Service PMI index surged to 58.5, up from a ten-month low of 57.7 in September, according to HSBC India Service PMI.
Services sector growth in India, in terms of new business, international sales and output, rose at the slowest rates since November 2023, HSBC India Services PMI showed on Friday.
India's Manufacturing Purchasing Managers' Index (PMI) saw a slight decline in August, falling to 57.5 from 58.1 in July, according to a report HSBC India Manufacturing PMI.