News for 'hsbc-india'

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

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

Rediff.com6 May 2014

The HSBC India Composite Output Index, which maps both services and manufacturing, increased from 48.9 in March to 49.5 in April, but remained below the crucial 50 mark which indicates contraction for the second successive month.

Factory growth accelerates in May but firms cautious on hiring

Factory growth accelerates in May but firms cautious on hiring

Rediff.com1 Jun 2015

Factory growth picked up in May.

Bonds: Rising interest rates may hurt India's GDP

Bonds: Rising interest rates may hurt India's GDP

Rediff.com2 May 2018

As yields rise, bond prices fall. Higher yields not only translate into losses for investors, it also pushes up borrowing cost for companies as well as government

HSBC manufacturing PMI drops to nine-month low in Sep

HSBC manufacturing PMI drops to nine-month low in Sep

Rediff.com1 Oct 2014

On price rise, HSBC said that the rate of cost inflation decelerated sharply while output prices were unchanged.

US rate rise: Indian markets expect to absorb Fed action

US rate rise: Indian markets expect to absorb Fed action

Rediff.com14 Sep 2015

The recent weakness of the rupee has been due to yuan's devaluation.

'India's manufacturing sector output reaches 2-year high in Dec'

'India's manufacturing sector output reaches 2-year high in Dec'

Rediff.com2 Jan 2015

The headline HSBC India Purchasing Managers' Index -- a composite gauge designed to give a single-figure snapshot of manufacturing business conditions -- stood at 54.5 in December, up from 53.3 in the prior month.

HSBC manufacturing PMI unchanged in April

HSBC manufacturing PMI unchanged in April

Rediff.com2 May 2014

The HSBC India Manufacturing Purchasing Managers' Index, a measure of factory production, stood at 51.3 in April, unchanged from 51.3 in March, amid moderate expansion of incoming new business orders.

India services PMI jumps to 5 month-high in Nov: HSBC

India services PMI jumps to 5 month-high in Nov: HSBC

Rediff.com3 Dec 2014

A figure above 50 indicates that the sector is expanding, while a figure below that level means contraction.

Private sector output rises first time in 8 months

Private sector output rises first time in 8 months

Rediff.com5 Mar 2014

Private sector output in India expanded for the first time in 8 months in February as slump in the services sector moderated and manufacturing grew at a stronger pace, an HSBC survey said.

Finally, India's manufacturing sector has some good news

Finally, India's manufacturing sector has some good news

Rediff.com3 Mar 2014

The recovery in manufacturing is still likely to prove "protracted" given the lingering structural constraints.

India may be among top exporters by 2030: HSBC

India may be among top exporters by 2030: HSBC

Rediff.com16 Sep 2014

Sector-wise, pharmaceuticals, transport equipment and textiles will help accelerate overall export growth.

Manufacturing growth jumps in March on strong rise in new orders: HSBC

Manufacturing growth jumps in March on strong rise in new orders: HSBC

Rediff.com2 Apr 2015

The subdued labour market is likely to recover.

Services growth soars to 8-month high: HSBC

Services growth soars to 8-month high: HSBC

Rediff.com4 Mar 2015

Strong new business growth was the primary factor.

HSBC manufacturing PMI jumps to 17-month high in July

HSBC manufacturing PMI jumps to 17-month high in July

Rediff.com1 Aug 2014

According to official figures, retail inflation in June touched its lowest mark at 7.31 per cent since January 2012.

Arundhati Bhattacharya becomes 1st woman to head SBI

Arundhati Bhattacharya becomes 1st woman to head SBI

Rediff.com7 Oct 2013

The 57-year-old Bhattacharya, front-runner for the post on account of years of service left, was managing director and chief financial officer of the bank prior to her elevation.

'Indians rely on cash deposits, 2nd home for retirement income'

'Indians rely on cash deposits, 2nd home for retirement income'

Rediff.com19 Jan 2015

India's working population relies heavily on cash deposits and a second home to generate post -retirement income, according to an HSBC report.

March services PMI falls to 3-month low of 47.5

March services PMI falls to 3-month low of 47.5

Rediff.com3 Apr 2014

New business orders fall at faster pace, with index at 47.6 in March from 49.5 in February.

Service sector output drops in December for 6th month: HSBC

Service sector output drops in December for 6th month: HSBC

Rediff.com6 Jan 2014

The HSBC/Markit Purchasing Managers Index for the services industry fell to 46.7 in December from 47.2 in November, registering the sixth consecutive monthly drop in output levels, the longest period of continuous reduction since the 2008/2009 global financial crisis.

Manufacturing activity picks up pace in Nov: Survey

Manufacturing activity picks up pace in Nov: Survey

Rediff.com2 Dec 2013

The HSBC India Manufacturing Purchasing Managers' Index for the manufacturing industry climbed from 49.6 in October to 51.3 in November on the back of a rebound in new orders and output.

Modi wave: Services sector growth surges in June

Modi wave: Services sector growth surges in June

Rediff.com3 Jul 2014

The headline HSBC Services Business Activity Index was at a 17-month peak of 54.4 in June rising from a modest 50.2 in May, HSBC said adding that 'the Modi wave has struck the service sector'.

Services sector contracts for 4th successive month: HSBC

Services sector contracts for 4th successive month: HSBC

Rediff.com5 Nov 2013

The HSBC/Markit purchasing managers index for the services industry inched up to 47.1 in October from 44.6 in September, the fourth successive monthly contraction of service sector output across India.

Services sector contracts for 2nd month as new orders dry up

Services sector contracts for 2nd month as new orders dry up

Rediff.com3 Jul 2015

The index went below the crucial 50 mark.

India's manufacturing sector contracts: HSBC

India's manufacturing sector contracts: HSBC

Rediff.com1 Nov 2013

India's manufacturing sector activity contracted for the third straight month in October amid falling levels of production and new orders, as the business climate within the country remained tough, an HSBC survey said on Friday.

More gloom: Sept services PMI lowest in over 4 years

More gloom: Sept services PMI lowest in over 4 years

Rediff.com4 Oct 2013

The index has posted below the 50 mark, which marks contraction, for the third consecutive month.

India's manufacturing sector falls in Sep: HSBC

India's manufacturing sector falls in Sep: HSBC

Rediff.com1 Oct 2013

India's manufacturing sector activity contracted for the second consecutive month in September as both output and new orders witnessed a decline, an HSBC survey said.

India's manufacturing output at nearly 2-year peak in Nov: HSBC

India's manufacturing output at nearly 2-year peak in Nov: HSBC

Rediff.com1 Dec 2014

The headline HSBC India Purchasing Managers' Index -- a composite gauge designed to give a single-figure snapshot of manufacturing business conditions -- stood at 53.3 in November significantly higher from 51.6 in October.

India among top destination for expats, few others are...

India among top destination for expats, few others are...

Rediff.com28 Sep 2015

India is seen as a good destination to relocate to as expat parents enjoy greater opportunities to make significant financial savings.

Pvt sector output contracts for first time since 2009: HSBC

Pvt sector output contracts for first time since 2009: HSBC

Rediff.com5 Aug 2013

The HSBC India Composite Output Index, which maps both services and manufacturing activity, fell to 48.4 in July, down from 50.9 in June, indicating an overall contraction.

HSBC to halve branches, slash 300 jobs in India

HSBC to halve branches, slash 300 jobs in India

Rediff.com19 May 2016

British banking major HSBC on Thursday announced a consolidation exercise under which it will almost halve the number of branches in the country to 26, which will lead to 300 job losses.

88% Indian parents want to send kids abroad for post graduation

88% Indian parents want to send kids abroad for post graduation

Rediff.com16 Jul 2015

According to the annual HSBC 'Value of Education Learning for Life' report, India has the world's highest proportion of parents (88 per cent) who are willing to send their children abroad for higher studies, ahead of Turkey (83 per cent), Malaysia and China (82 per cent each).

Was RBI right to let the rupee slide?

Was RBI right to let the rupee slide?

Rediff.com4 Sep 2018

Can we find fault with RBI for not intervening enough in the market? Actually no, say some experts. A correction in rupee was long overdue.

Private sector output drops for fifth successive month: HSBC

Private sector output drops for fifth successive month: HSBC

Rediff.com4 Dec 2013

The HSBC/Markit Purchasing Managers Index for the services industry inched up to 47.2 in November from 47.1 in October, the fifth sub-50.0 reading and indicated an output contraction across the Indian service economy.

India's manufacturing sector: More growth eyed in 2015

India's manufacturing sector: More growth eyed in 2015

Rediff.com4 Jan 2015

India's manufacturing PMI rose to 54.5 in December, 2014, while in the corresponding period a year ago it stood at 50.7, just above the crucial 50 mark which separates growth from contraction.

Why foreign banks are going slow on India

Why foreign banks are going slow on India

Rediff.com19 Jan 2018

Foreign banks were ahead in terms of technology, but that is no longer the case as Indian private banks steal the innovation march.

Markets: Be prepared for a slightly bumpy ride

Markets: Be prepared for a slightly bumpy ride

Rediff.com25 Jan 2016

So long as there are concerns about world trade, growth and oil prices, the domestic market will remain volatile.

India to be top infrastructure goods importer by 2020: HSBC

India to be top infrastructure goods importer by 2020: HSBC

Rediff.com8 Oct 2013

According to the report, the demand for materials needed for infrastructure projects like metals, minerals, buildings and transport equipment is expected to increase as the country invests in building its civil infrastructure.

Private sector output falls in August

Private sector output falls in August

Rediff.com4 Sep 2013

India's private sector activity contracted further in August, reflecting faster contractions of both manufacturing and services output, amid decline in new orders and tough economic conditions.

Why banks are uncomfortable with bankruptcy code

Why banks are uncomfortable with bankruptcy code

Rediff.com4 Oct 2017

Recent tribunal rulings open prospects of large haircuts and barriers to auctioning of personal guarantees, among other issues

How outsourcing raises US banks' operational risks

How outsourcing raises US banks' operational risks

Rediff.com31 Oct 2013

Many Indian companies provide outsourcing services to various American entities, including large banks and financial institutions.

Industry asks PM to remove hurdles to investment

Industry asks PM to remove hurdles to investment

Rediff.com29 Jul 2013

Business leaders met Manmohan Singh to discuss the problems facing the country.