India's Services Index surged to 58.5 in Oct, services employment grew at fastest rate in 26 months

Nov 06, 2024

India's services sector witnessed a robust performance in October, as the Service PMI index surged to 58.5, up from a ten-month low of 57.7...

Experts upbeat on stock market despite FPI Selling

Aug 18, 2024

The Indian stock market on Monday will be driven by favourable global cues and domestic economic data such as the HSBC India Manufacturing PMI...

India's service sector made strong start to first quarter of 2024-25: HSBC PMI

May 06, 2024

India's service sector made a strong start to the first quarter of financial year 2024-25, according to HSBC PMI data compiled by S&P Global.

Despite a marginal fall HSBC's manufacturing PMI remains well above its long-term average in August

Sep 02, 2024

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's services sector sees strongest growth of five months in August, rising to 60.9

Sep 04, 2024

Pranjul Bhandari, Chief India Economist at HSBC, commented on the findings, stating, "The Composite PMI for India continued to show strong growth in August,...

India's composite PMI output Index for August 2024 stands at 60.5, a little lower than 60.7 in July

Aug 22, 2024

India's private sector demonstrated strong output across India for the 37th consecutive month in August, highlighted the latest HSBC Flash India PMI (Purchasing Managers'...