The growing adoption of Artificial Intelligence (AI) by corporates could play a key role in reducing the impact of tariffs imposed by the US and help companies navigate through these challenges, according to a report by HSBC.
Electric vehicle (EV) manufacturers may face a competitive setback if the government proceeds with a proposed reduction in Goods and Services Tax (GST) on internal combustion engine (ICE) vehicles, according to a recent report by HSBC Investment Research.
The prices of small cars in India could see a reduction of about 8 per cent if the government decides to bring down the current Goods and Services Tax (GST) rate from 28 per cent to 18 per cent, according to a report by HSBC.
Indians will need to save an estimated ₹3.5 crore (approximately USD 401,000) to ensure a comfortable and secure retirement, according to a report by HSBC.
While China and Japan face population declines, India's population is expected to keep growing until 2060, according to the United Nations. This demographic advantage, combined with increasing investment and industrial expansion, positions India as a rising economic powerhouse.
Electrification in the 2W segment has been progressing slowly, despite substantial government incentives. HSBC noted that urban demand for economy motorcycles has been impacted the most due to the rising popularity of electric scooters.
Businesses in India's household durables segment are expected to see some moderation in revenue growth in the just-concluded October-December quarter, asserted HSBC Global Research in a thematic report ahead of the impending earning updates.
Bengaluru (Karnataka) [India], August 24 (ANI/PNN): A comprehensive annual report co-authored by experts at KPMG and HSBC, places Bengaluru-based fintech start-up Jar (the nation's first micro savings and investments platform) on a select list of 'Leading 100 Emerging Giants in Asia Pacific'
New Delhi [India], Oct 4 (ANI): The inflation is likely to remain below the RBI's early 2017 target of five percent for the next 12 months, as per the latest HSBC report.