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HSBC, India
India's services activity losing steam in 2025, HSBC Flash PMI drops to 57.9 in January
The HSBC Flash India Composite Output Index, a key measure of activity in the manufacturing and services sectors, slipped to 57.9 in January from 59.2 in December, marking the slowest pace of expansio
2025 begins with India's private sector growth slowing and services losing steam: HSBC flash PMI
The latest HSBC PMI data, compiled by S&P Global, showed that a stronger expansion in the manufacturing industry in India was more than offset by a loss of growth momentum in the service economy.Indian private sector companies started 2025 with a slowdown in growth.
India’s service sector growth slows in January, but manufacturing gains momentum: HSBC Flash PMI
The HSBC Flash India Composite Output Index, which tracks monthly changes in combined output from manufacturing and services, dropped from 59.2 in December to 57.9 in January, signalling the slowest expansion in 14 months.
India's Jan business growth at 14-month low due to weaker services demand, PMI shows
India's business activity grew at the slowest pace in over a year in January, a survey showed, highlighting emerging cracks in its world-beating economic growth at start of 2025 although firms hired new staff at a record pace.
23h
HSBC to expand in India, bank to open 20 new branches in new locations over next five years
Post Covid, several marquee foreign banks with operations in India have put the brake on expansion, This is evident in the ...
2d
on MSN
GuarantCo, HSBC back Arya.ag to strengthen India's agri ecosystem
GuarantCo has provided two partial guarantees for Rs 2.5 billion (approximately $30 million) loan facility from HSBC India to ...
23h
RBI Allowes Hong Kong Based HSBC To Open 20 Branches Across India
HSBC India has received approval from the Reserve Bank of India (RBI) to open 20 new branches, marking the largest expansion ...
GlobalData on MSN
3d
HSBC bolsters wealth capabilities in India
HSBC's enhanced wealth management in GIFT City meets the growing needs of premier and private banking clients.
8d
HSBC India gets RBI approval to open 20 new branches in 20 cities
HSBC India, the Indian arm of London-headquartered HSBC, said on Friday it had received approval from the Reserve Bank of ...
1d
on MSN
HSBC House in Kol marks 100 yrs with heritage walk
Kolkata: HSBC House in Kolkata's Dalhousie Square celebrated its centenary year on Friday, with bank executives and customers ...
2d
HSBC's payments app closure puts around 400 jobs at risk, source says
HSBC's decision to shutter international payments app Zing is likely to trigger around 400 job losses, a source familiar with ...
Yahoo Finance
2d
HSBC launches its presence at GIFT City in Gujarat, India
UK-based
HSBC
, one of the country's top banks, has opened a new 1166sqm office at Gujarat International Finance Tec-City (GIFT City),
India
. Its new office will provide enhanced wealth management ...
ndtvprofit
1d
HSBC Flash India PMI: 2025 Begins With Private Sector Growth Slowing, Services Lose Steam
Falling from a final reading of 59.2 in December to 57.9 in January, the HSBC Flash India Composite Output Index indicated ...
1d
on MSN
India's Quick Commerce Landscape to Transform with 5,000+ Dark Stores by FY26: Report
The quick commerce industry in India is entering a new phase of evolution, poised for significant growth while balancing ...
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