India's July services sector growth slides to over four-year low as demand wilts: PMIIndia's services sector growth slowed significantly in July, reaching its weakest pace in over four years. New business expansion was moder...
India bonds rise on position building ahead of RBI policyIndian government bonds saw a slight increase as traders positioned themselves before the RBI's policy announcement. The Reserve Bank of In...
HSBC India profit rises 4% to $965 million in H1 2026, corporate and institutional banking drives growthHSBC India's profit before tax rose four percent in the first half of 2026. Higher revenue from corporate and institutional banking fueled ...
Ather Energy share price target goes up to Rs 1,714. What are CLSA, Nomura, and HSBC saying?Ather Energy shares surged up to 18% after the electric two-wheeler maker reported a sharp improvement in its June-quarter performance, pro...
Indian banks' new hunt for diaspora dollars pumps up loans marketsIndian banks are raising significant dollar funds offshore to boost foreign currency deposits. Global banks are actively arranging these do...
SBI, HSBC lead FCNR(B) deposit mobilisationForeign currency deposits have significantly increased following a Reserve Bank of India swap facility. State Bank of India and HSBC are le...
Manufacturing activity hits 5-year low as growth of new orders slowsThe HSBC Purchasing Managers' Index, compiled by S&P Global, fell to 53.5 in July from 54.2 in June and 59.1 a year earlier. A reading abov...
India proposes tax relief for offshore funds using local managersIndia has proposed easing tax rules for offshore investment funds using India-based managers by removing size and investor limits, aiming t...
SBI, HSBC and ICICI lead India's overseas deposit drive, data showsHSBC, SBI and ICICI Bank emerged as the top beneficiaries of the RBI’s dollar deposit scheme for NRIs, raising $6.14 billion, $4.12 billion...
India's July factory growth near five-year low on weaker demand, PMI showsIndia's manufacturing growth slowed to a near five-year low in July as weak demand weighed on new orders, while hiring growth softened for ...
360 ONE Wealth CEO Yatin Shah targets bigger share of India’s ultra-rich360 ONE WAM Ltd. seeks to grow its market share in India's wealth management sector. The firm currently manages nearly ten percent of the u...
Sedemac Mechatronics shares can rally to Rs 3,700? Here’s why HSBC initiated coverage on the stockKey growth factors include products such as MCUs for power tools and light commercial vehicles, the after-exhaust control module (ACM) for ...
Technology sector funds dominate July returns; 9 mutual funds deliver over 10% gains. Should investors ride the rally?Technology sector mutual funds achieved substantial gains during July. HDFC Technology Fund led with a remarkable 16.91% return for investo...
SBI, HDFC Bank seek $1.7 billion overseas to boost dollar resourcesState Bank of India and HDFC Bank are raising significant dollar funds. These large Indian banks are borrowing from foreign institutions to...
HSBC wins $5.5 billion of NRI deposits via leveraged strategyHSBC has mobilised about $5.5 billion in non-resident Indian deposits by offering highly leveraged loans under the RBI's FCNR(B) window, ou...
Kotak Mahindra Bank taps HSBC and CTBC for $600-million overseas loanKotak Mahindra Bank plans a $600 million loan from HSBC and CTBC Bank. Bank of India also secured $600 million through a dual-tranche term ...
HSBC to hire 100 AI specialists, 100 wealth managers in boost to Singapore hubHSBC plans to hire more than 200 professionals in Singapore, including AI specialists and wealth managers, as part of its strategy to expan...