GST Rate Cuts Can Ease Inflation, Pave Way For RBI Repo Rate Cut: HSBC Report
The recent GST rate cuts can further lower inflation if companies pass on the benefits to consumers, an HSBC report said on Thursday.
India’s Manufacturing Sector Surges To 14-Month High On Export Boost
India’s manufacturing soared to a 14-month high in June, driven by strong global demand-especially from the US.
Worst Seems To Be Over For Indian Markets; GDP Growth To Rebound: Goldman Sachs
India’s GDP grew by 6.4% year-on-year in Q4 2024, supported by private consumption. Goldman Sachs economists predict growth will range between 6.6% and 7% in the next four quarters.
India’s Manufacturing Sector Shows Strong Growth In January; Driven By Export Orders And Restocking
India's manufacturing sector saw a robust expansion in January, by a significant rise in new export orders and likely global restocking activity.
India’s Service Activity Rises To Fourth Month High At 59.3 In December
Accelerating to highest level in four months, India's service activity, measured by Purchasing Manager's index (PMI) rose to 59. 3 December, up from 58. 4 in the previous month.
55% Of Indian Economy To Grow Positively Amid Signs Of Moderation: HSBC Report
The report highlights that despite the slowdown, several sectors are performing well, and long-term prospects Of Indian Economy remains promising.
With Robust Growth In Services Sector Hiring At 2-Years High: HSBC
According to an HSBC poll that was made public on Wednesday, growth in India's services sector surged in June as a result of strong domestic demand
India’s Private Sector Sees Robust Growth In June: HSBC
India's private sector strengthened in June with higher activity in manufacturing & services, & increased hiring, latest PMI data by HSBC.
Indian Economy Soars; Record Exports, Employment Surge In May, HSBC PMI Reveals
According to the HSBC PMI data, the Indian economy witnessed a historic surge in exports and the most substantial increase in employment in almost 18 years.
