Current account deficit likely to be at 4.8%: HSBC

India's current account deficit, which hit record high of 6.7 per cent in December quarter, is likely to be around 4.8 per cent of GDP in the March quarter, HSBC said in a research note.Though......

India's private sector output contracts for 2nd successive month

Private sector output in India fell for the second consecutive month in April, as manufacturing production rose at a softer rate and service sector output declined further, an HSBC survey said. The......

Finally, India's manufacturing sector has some good news

India's manufacturing sector expanded in February at the strongest pace in 12 months, driven largely by growth in new business orders and an improved macroeconomic situation, an HSBC survey said.......

HSBC India manufacturing PMI stagnates in July

India's manufacturing sector activity managed to remain fractionally above the crucial 50 mark in July below which indicates contraction as there was a significant decline in new business orders,......