New Delhi, January 9: As India faces slowing economic growth, HSBC Global Research has downgraded the Indian stock market outlook from "overweight" to "neutral".
New Delhi, Jan 7: The Indian quick commerce industry is estimated to reach $50 billion in gross order value (GOV) by FY30, which implies 60 million customers ordering eight times per month, according to an HSBC Research report on Tuesday.
New Delhi, Jan 7: India's GDP growth momentum has improved in the October-December quarter of the current financial year (FY25) and inflation has eased, according to an HSBC Research report released on Tuesday.
New Delhi, Jan 6: India's services sector growth rose to a 4-month high in December as robust demand boosted business activity with strong job creation taking place during the month, according to a survey released on Monday.
New Delhi, January 6: India's services sector ended 2024 on a strong note, with the HSBC India Services Business Activity Index rising from 58.4 in November to 59.3 in December, according to the HSBC PMI survey.
New Delhi, January 5: Businesses in India's household durables segment are expected to see some moderation in revenue growth in the just-concluded October-December quarter, asserted HSBC Global Research in a thematic report ahead of the impending earning updates.
New Delhi, January 3: Credit growth of Indian banks are expected to witness a range-bound 12.5 per cent growth in the current financial year 2025, HSBC Global Research said in a report, attaching a rider that slowdown in GDP growth remains a downside risk.