The seasonally adjusted HSBC India Services Business Activity Index, rose from 58.4 in November to 59.3 in December, ...
The survey, which quoted responses from 400 service providers, indicated output growth increased in December as firms ...
India's dominant services sector ended 2024 on a high note as sustained demand boosted activity to a four-month high and led ...
HSBC forecasts India's real GDP growth to be 6.2% in FY25, lower than the official estimate, and 6.5% in FY26. The brokerage ...
HSBC has maintained a 'buy' rating on Zomato with a target price to Rs 330, implying a potential upside of 21%.
India's services sector concluded 2024 strongly, as HSBC's PMI index rose to 59.3 from 58.4, reflecting a significant growth ...
Signalling significant growth in the country’s services sector, India’s services activity rose to a four-month high of 59.3 ...
Service providers also hiked their own fees in December citing a jump in input costs. The rate of charge inflation remained ...
India's services sector experienced its highest growth in four months, spurred by strong demand and easing inflation ...
The survey also pointed to a solid increase in international orders placed with Indian service providers. However, the growth in foreign demand retreated to a three-month low.
India's services sector growth rose to a 4-month high in December as robust demand boosted business activity with strong job ...