India's HSBC service index registers strongest expansion in 4 months, index rose from 58.4 in Nov to 59.3 in Dec

Jan 06, 2025

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...

India's Services PMI surges to 62.9 in August registering fastest growth since 2010

Sep 03, 2025

India's services sector registered its fastest pace of growth in more than 14 years as the HSBC India Services PMI® Business Activity Index jumped...

HSBC India Manufacturing PMI slips to 57.7 in September, however optimism boosted by GST cuts

Oct 01, 2025

India's manufacturing sector continued to expand in September though at a slower pace, with the HSBC India Manufacturing Purchasing Managers' Index (PMI) easing to...

India's composite PMI growth slows in September, marking slowest growth in 2024

Sep 23, 2024

India's combined output in the manufacturing and services sectors experienced a decline in September, with the HSBC Flash India Composite PMI Output Index falling...

Expansion in new businesses and exports fuel India's service sector growth in June

Jul 03, 2024

India reported sustained growth in services sector output in June, with the rate of expansion quickening from May's five-month low amid a stronger rise...

HSBC buys failed Silicon Valley Bank's UK arm for just 1 pound

Mar 13, 2023

The UK arm of failed Silicon Valley Bank has been bought by HSBC Holdings plc for just 1 pound (USD 1.21), HSBC announced Monday.