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India's economic growth accelerates in October as PMI rises to 58.6
Updated : 1 year, 4 months ago IST
The manufacturing sector led the growth, with the HSBC Flash India Manufacturing PMI climbing to 57.4 from 56.5, while the Manufacturing Output Index reached 60.1, up from 59.8.
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Asia's Largest Mindfulness India Summit 2024 Marks a New Era for Corporate
Updated : 1 year, 4 months ago IST
Mumbai (Maharashtra) [India], October 22: The Mindfulness India Summit 2024, an initiative by the Mindful Science Centre, presented by HSBC and supported by CII Leadership and HR Committee, successfully concluded its two-day event on October 17 and 18, 2024, establishing new benchmarks in co
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Canara HSBC Life Insurance launches Promise4Future, a comprehensive plan d
Updated : 1 year, 4 months ago IST
New Delhi [India], October 21: Canara HSBC Life Insurance, has announced the launch of 'Promise4Future,' (UIN: 136N119V01) a Non-Linked, Participating plan designed to offer policyholders a unique combination of life protection and savings. This innovative offering combines the dual benefit
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Azure Power Secures REC & HSBC Refinancing, Completes Early Bond Prepa
Updated : 1 year, 4 months ago IST
Gurugram (Haryana) [India], October 17: Azure Power Global Limited, a leading sustainable energy solutions provider and renewable power producer in India, has announced the successful completion of its Rs24 billion refinancing transaction, structured as an INR Term Loan underwritten solely b
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IFSCA spotlights India investment opportunities in Investor Awareness Seri
Updated : 1 year, 4 months ago IST
Gandhinagar (Gujarat) [India], October 17: IFSCA is unveiling a series of videos to spotlight India's vibrant investment opportunities at the IOSCO World Investor Week 2024. The World Investor Week (WIW) is a global campaign backed by IOSCO that promotes investor education and wealth protect
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India's services sector growth lowest since November 2023, show PMI data
Updated : 1 year, 5 months ago IST
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.
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India's manufacturing sector slips for second consecutive month in Septemb
Updated : 1 year, 5 months ago IST
Although the index remains firmly in expansion territory, this marks the weakest performance since January 2024. The moderation in growth reflects a broader trend in the second fiscal quarter, with the average PMI reading hitting its lowest level since the three months ending December 2023.
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India's composite PMI growth slows in September, marking slowest growth in
Updated : 1 year, 5 months ago IST
India's combined output in the manufacturing and services sectors experienced a decline in September, with the HSBC Flash India Composite PMI Output Index falling to 59.3, down from 60.7 in August, according to the survey released on Monday.
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India's office real estate to surge amid robust fundamentals: HSBC Global
Updated : 1 year, 5 months ago IST
The office market of India's real estate is poised for a promising future in the coming months, highlighted a report by HSBC Global Research.
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India will see an addition of over 22,000 hospital beds in private hospita
Updated : 1 year, 5 months ago IST
A recent report by HSBC Global research on India hospitals says seven listed hospitals will add 14,000 beds in the next 3-5 years. A total of 22,000 new beds is expected, including those by other private hospital chains.
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India's services sector sees strongest growth of five months in August, ri
Updated : 1 year, 6 months ago IST
Pranjul Bhandari, Chief India Economist at HSBC, commented on the findings, stating, "The Composite PMI for India continued to show strong growth in August, driven by accelerated business activity in the service sector, which experienced its fastest expansion since March.
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Despite a marginal fall HSBC's manufacturing PMI remains well above its lo
Updated : 1 year, 6 months ago IST
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.
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