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INDIA SERVICES PMI
New orders & robust demand lift India's October services growth to 4-month highGrowth in India's services sector increased to a four-month high in October due to strong domestic demand and business orders. The HSBC Ser...
India's services growth accelerates to 55.8 in October, cost pressures ease to six-year lowIndia's services sector activity expanded at its fastest pace in four months in October, with the HSBC India Services Purchasing Managers' ...
Gold firms on softer oil prices, US midterm results awaitedGold prices experienced a modest uptick in early Asian markets, spurred by a decline in oil prices that has helped ease inflationary concer...
Private sector activity hits four month high in OctoberIndia's private sector activity experienced significant growth in October, reaching a four-month high as new orders increased. The HSBC Fla...
India October business growth hits 4-month high; hiring stalls, PMI showsIndia's business activity expanded at its fastest pace in four months through a strong services-led pickup. The Composite Purchasing Manage...
Gold heads for sharpest weekly decline in four months on Fed rate outlookGold prices took a hit on Friday amid strong indicators of US economic growth and climbing oil prices. Spot gold prices sank to their lowes...
Services activity hits 3-month high in September on demand surgeThe HSBC India Services Business Activity Index rose to 55.2 in September from 54.1 in August, although it remained below the 60.9 recorded...
India's services sector growth at 3-month high, but quarter weakest since 2022, PMI showsIndia’s services sector expanded at its fastest pace in three months in September, with the HSBC Services PMI rising to 55.2 on stronger do...
RBI likely to hold repo rate in Oct policy, begin 50-75 bps hike cycle in Dec: BoBThe Reserve Bank of India is set to maintain the repo rate at 5.25% during the upcoming policy meeting. Despite rising inflation pressures ...
Eurozone business growth hits over 3-1/2-year high despite inflation worries, PMI showsEurozone business activity experienced significant growth in September due to strong demand despite inflation concerns. The S&P Global Euro...
Strong macro show takes shape in Q2 before festive rushIndia's economy is experiencing significant growth, highlighted by a 14.7% increase in goods and services tax collections in September. Car...
Rising oil prices, inflation to create headwinds for India's economic growth: BNP ParibasBNP Paribas expects India’s economic outlook to come under greater pressure as higher crude prices, rising inflation and weaker rural and i...
Nifty logs 7th straight weekly loss for the first time in 6 years: Time to be fearful, or can bulls pull off a comeback?Indian equities extended their losing streak to seven weeks as elevated crude prices, rising US Treasury yields, geopolitical uncertainty a...
Bond crisis worsens! US 30-year Treasury yields surge to highest level since 2004. What lies ahead?The US bond selloff intensified as the 30-year Treasury yield hit its highest level since 2004, while the 10-year yield reached a post-fina...
Fitch raises India FY27 GDP growth forecast to 6.9% from 6.4%, sees 25 bps RBI rate hike in OctoberFitch Ratings has raised India’s FY27 growth forecast to 6.9% from 6.4% after the economy expanded 7.8% in the June quarter, demonstrating ...
Global agencies see India’s growth ringing louder; raise FY27 GDP forecasts on upbeat demand and investment sentimentIndia’s FY27 growth outlook has received upgrades from the OECD, Asian Development Bank, S&P Global Ratings and Fitch Ratings, with forecas...
Private sector growth hits three-month highManufacturing PMI climbed to a seven-month high of 55.7 in September from 52.8 in August, while services activity increased to 55.8 from 54...
Eurozone business activity near 3.5-year high in SeptemberAccording the Eurozone purchasing managers' index (PMI) published by S&P Global, the region's business activity grew the fastest in Septemb...
India business activity rebounds in September to 3-month high, PMI showsIndia experienced accelerated business growth in September due to increased demand in manufacturing and services sectors. The HSBC flash In...
Need more structural growth that stays high without policy support: Pranjul Bhandari, Chief India Economist/Strategist, Asean Economist, HSBC"India is also at a point where goods exports may do better than they have in the past. One reason is that the currency has depreciated, ma...