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 is seen as a good destination to relocate to as expat parents enjoy greater opportunities to make significant financial savings.
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.
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.
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).
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.
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.
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.
So long as there are concerns about world trade, growth and oil prices, the domestic market will remain volatile.
Foreign banks were ahead in terms of technology, but that is no longer the case as Indian private banks steal the innovation march.
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.
Many Indian companies provide outsourcing services to various American entities, including large banks and financial institutions.
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Business leaders met Manmohan Singh to discuss the problems facing the country.
Recent tribunal rulings open prospects of large haircuts and barriers to auctioning of personal guarantees, among other issues
"If there is proper debate in parliament, followed by a vote, then even without the Congress' support, we have a chance to pass it," says Union Minister of State for Finance, Jayant Sinha.
Industry asked the government to be 'brave and bold' and said that it will rise to the occasion.
Bank of America Merrill Lynch believes this would ease pressures on CAD as $10 a bbl fall in oil price reduces CAD by $8 billion or 0.4 per cent of GDP.
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As many as nine respondents said RBI would hold the repo rate at 8% till March-end, 2015
The Sensex closed the day at 27,490, higher by 479 points and the Nifty ended at 8331.95, up 150.45 points.
It will take over large non-performing assets of banks and help in revive companies ridden with bad debts.
A revival in investment is likely to be a key near-term initiative.
RBI Governor has been under pressure from Finance Ministry.
The Sensex ended up 244 points at 28,504 on strong global cues.
Rajan's deputy Khan cautions against early celebration of falling inflation, unhedged forex exposure.
CEOs of leading banks say third straight rate hike by RBI inevitable, though not desirable.
While some companies, such as HSBC, have closed retail operations, big players such as India Infoline is scaling down.
