HSBC report

India may become third-largest economy in next 10 years: HSBC

India may become third-largest economy in next 10 years: HSBC

According to the global financial services major, although reforms over the past year have caused disruptions that will likely mean lower growth rates in the near term, they should allow India to unleash more of its undoubted potential over the medium term.

Sep 29, 2017, 12:26 PM IST
7th Pay Commission allowances to bump up inflation temporarily: HSBC

7th Pay Commission allowances to bump up inflation temporarily: HSBC

The Seventh Pay Commission and implementation of GST has put inflation in an uncertain zone, and prices are expected to rise temporarily, says an HSBC report.

Jul 02, 2017, 13:20 PM IST
India obvious candidate to drive global growth: HSBC

India obvious candidate to drive global growth: HSBC

India is the "obvious candidate" to push global growth amid a lingering slowdown but it will need sustained GDP expansion to reach, by the middle of next decade, the share of world GDP that China had at the height of its boom in 2005, says an HSBC report.

Jun 10, 2016, 16:50 PM IST
India's medium-term outlook to only improve further: HSBC

India's medium-term outlook to only improve further: HSBC

Medium-term growth prospect of the Indian economy is improving, and with the GST Bill likely to be passed later in the year, it will only improve further, says an HSBC report.

May 20, 2016, 15:52 PM IST
State governments likely to run wider fiscal deficit in FY17: HSBC

State governments likely to run wider fiscal deficit in FY17: HSBC

State governments are likely to run wider fiscal deficit in financial year 2016-17 because of higher interest bill and wage hike pressures, an HSBC report said on Monday.

Mar 28, 2016, 18:36 PM IST
CAD to shrink further in March quarter: HSBC

CAD to shrink further in March quarter: HSBC

The current account deficit narrowed in the October-December quarter of 2015 and is likely to shrink further in the March quarter of this year.

Mar 23, 2016, 11:30 AM IST
India needs bold reforms to achieve true potential: HSBC Report

India needs bold reforms to achieve true potential: HSBC Report

The main determinant of medium-term high and sustainable economic growth is meaningful reforms and so far they have been gradual and 'project-specific', the global financial services firm said.

Oct 08, 2015, 13:20 PM IST

RBI likely to go for 0.25% cut in September: HSBC

According to the global financial services firm, food prices have been falling across all major sub-groups, across the CPI and WPI measures, both on annual and sequential basis.

Aug 23, 2015, 12:21 PM IST

Foreign outflows to continue as other mkts become attractive: HSBC

The potential for equity outflows has increased, with foreign positions looking "stretched" in India, said the global brokerage.

Jun 07, 2015, 11:05 AM IST

'Air traffic sees strong recovery; 'fittest' to gain more'

Moreover, rising incomes and ease of travelling abroad is expected to continue to boost outbound travel.

May 01, 2015, 17:53 PM IST

India's GDP to grow at 8.3% in FY'17: HSBC

Stars are "gradually aligning" for the Indian economy and it is expected to clock a growth rate of 7.4 per cent in the current financial year, which is likely to improve further to 8.3 per cent by 2016-17, says an HSBC report.

Mar 22, 2015, 10:44 AM IST

'Manufacturing growth slips to 5-month low in February'

The headline HSBC India Purchasing Managers' Index (PMI) -- a composite gauge designed to give a single-figure snapshot of manufacturing business conditions -- fell from 52.9 in the previous month to a five-month low of 51.2 in February.

Mar 02, 2015, 11:51 AM IST

China manufacturing index jumps to 18-month high: HSBC

The HSBC preliminary purchasing managers index (PMI), which tracks activity in China`s factories and workshops, leapt to 52.0 this month, its highest since January 2013.

Jul 24, 2014, 11:34 AM IST

RBI likely to keep policy rates on hold in Sep 20 meet: HSBC

The Reserve Bank, in its upcoming credit policy meet, is likely to keep policy rates on hold and liquidity tightening measures in place to help stabilise the currency and curb inflation, says an HSBC report.

Sep 17, 2013, 13:12 PM IST

'Asia equities see inflows; flows into India picked up in May'

Asia witnessed fund inflows to the tune of USD 7 billion, after a decline of USD 1.5 billion in March and April.

May 28, 2013, 17:39 PM IST