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...
24 Sep, 2026, 12.09 AM IST
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...
21 Sep, 2026, 12.35 AM IST
India services activity expands in August, but growth remains near four-year lowThe services sector in India showed an uptick in August, spurred by increased business and consumer demand. However, this expansion was onl...
04 Sep, 2026, 12.09 AM IST
India manufacturing PMI falls to 5-year low in August as demand weakensIndian manufacturing faced its lowest growth rate in five years during August, characterized by a slowdown in output and new orders amid di...
02 Sep, 2026, 12.39 AM IST
India's services growth slows to 4½-year low in July as demand weakensIndia's services sector expanded slowly in July, reaching a 53-month low. New business inflows moderated across domestic and international ...
06 Aug, 2026, 08.22 AM IST
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...
04 Aug, 2026, 12.51 AM IST
India's private sector growth hits over four-year lowIndia's private sector growth slowed significantly in July, reaching a four-year low. Weaker demand and services activity constrained busin...
24 Jul, 2026, 01.15 PM IST
RBI may deliver 2 rate cuts in Dec and Feb if US tariffs stay at 50%, says Pranjul BhandariHSBC's Pranjul Bhandari indicates the RBI has scope for interest rate cuts, but the timing will likely depend on post-festive growth data r...
01 Oct, 2025, 09.00 AM IST
Inflation forecast revisions could set tone for future easing: Pranjul BhandariHSBC's Pranjul Bhandari anticipates a 25 basis points rate cut from the MPC, with no change in policy stance. Focus will be on future easin...
05 Jun, 2025, 02.19 PM IST
Pranjul Bhandari makes a case for direct govt intervention in stressed NBFCsUntil NBFCs revive, rural incomes won't revive in a big way, says HSBC Chief India Economist
15 Nov, 2019, 04.03 PM IST
RBI to be on hold unless inflation, growth undershoot targets"If the RBI did not find space to cut when it was 'accommodative', the room to cut when it is 'neutral' will be even smaller," HSBC Chief I...
09 Feb, 2017, 12.06 PM IST
Ratings do have an impact: Pranjul Bhandari, HSBCWhile discussing Budget 2017 with HSBC's Chief India Economist Pranjul Bhandari, ET Now's Consulting Editor Mythili Bhusnurmath said she is...
03 Feb, 2017, 02.22 PM IST
HSBC pegs GDP growth at 6.3% on note ban painsThe HSBC report, penned by its chief India economist Pranjul Bhandari noted that the GDP projection "is not of much significance because th...
09 Jan, 2017, 05.54 PM IST
Note ban to have minimal negative effect on rising deposits: HSBCWhile effective currency in circulation has fallen 60 per cent since demonetisation, showing a significant cash crunch, on the other hand 8...
14 Dec, 2016, 07.28 PM IST
Exports hit by domestic issues, not global slump: HSBC report“Weakening the rupee is not a cure. In fact, too much exchange rate volatility could be counterproductive by hurting FDI inflows," said its...
18 Oct, 2016, 08.14 AM IST
Expect accommodative commentary, but no rate cut, at tomorrow's RBI meet: Pranjul Bhandari, HSBC"We are expecting a rate cut right after the February 29 budget. If the budget is completely as per RBI’s expectations, then we could see s...
01 Feb, 2016, 03.41 PM IST
More rate cuts unlikely this year; reforms are the key, says HSBCHSBC has cautioned that El Nino risks are not to be underestimated, and going by updates, El Nino conditions are likely to last longer.
16 Jun, 2015, 03.17 PM IST