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India Sees Record Rise In Exports, Employment At 18-Year High In May: Report
The Indian economy clocked a record rise in exports and the sharpest upturn in employment in nearly 18 years in May, according to HSBC Flash Purchasing Manager's Index (PMI) data released on Thursday.
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As GST Impact Wanes, Indian Economy May Grow To 7% In FY19, Says HSBC
With a cross-border trade of $64 billion in 2016, the Asean block is the country's fourth biggest trading partner.
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Indian Economy Likely To Become Third Largest By 2028: HSBC
Social capital is "insufficient" in the country and spending on aspects like health and education "is not just desirable for its (India's) own sake, but is also central to economic growth and political stability", according to HSBC.
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Probe Into Indians Named By HSBC, Leichstenstein Complete: Government
Finance Minister Arun Jaitley said investigation against 628 persons named in the HSBC list of Indians holding foreign bank accounts has been completed, an assessment to the tune of Rs 8,437 crore in 409 of these cases made and 190 prosecutions filed against them.
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Notes Ban: GDP May Slump To 5% In December Quarter, Says HSBC
According to the global financial services major, activity data across manufacturing and services as well as consumption and investment have clearly taken a hit after November 8, 2016.
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GDP To Fall Post-Demonetisation, Follow-Up Reforms Key: HSBC
India's economic growth is expected to fall by up to 1 percentage points over the next 12 months in the wake of demonetisation, while longer-term gains will depend on follow-up reforms, says an HSBC report.
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Expose On Overseas Black Money Of Indians Being Pursued: Arun Jaitley
India has filed 164 prosecution cases against alleged holders of illegal overseas accounts with HSBC bank, amounting to an assessment of Rs 8,000 crore, Finance Minister Arun Jaitley said.
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Can India Be Next China? Not Impossible, Says HSBC
China is the world's second largest economy, with a GDP of over $10 trillion, five times bigger than India's $2 trillion economy.
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India Obvious Candidate To Push Global Growth: HSBC
"If the West is not bouncing back to its former strength any time soon, where will growth come from? India is the obvious candidate," HSBC economists said
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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.
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India Needs Bold Reforms to Achieve True Potential, Says HSBC
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.
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Black Money Law: Compliance Window Not to Apply if Proceedings Already On
The government on Friday said Indians against whom information has been received from foreign nations on overseas accounts or assets will not be eligible to use compliance window to make voluntary disclosures under the stringent new black money law.
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Morgan Stanley Retains Sensex Target at 32,500 by December
Global financial major Morgan Stanley on Tuesday flagged slow movement on policy front, especially in clearing backlog of projects, and poor fiscal consolidation as some of the key risks to Indian economy, even as it remained bullish on the outlook for the stock market.
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Factory Growth Accelerates in May: HSBC PMI
Indian manufacturing activity rose at its fastest pace in four months in May as domestic demand rocketed despite rising costs for firms and consumers, a business survey found on Monday.
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India's GDP to Grow at 8.3% in 2016-17: 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.
-
India Sees Record Rise In Exports, Employment At 18-Year High In May: Report
The Indian economy clocked a record rise in exports and the sharpest upturn in employment in nearly 18 years in May, according to HSBC Flash Purchasing Manager's Index (PMI) data released on Thursday.
-
As GST Impact Wanes, Indian Economy May Grow To 7% In FY19, Says HSBC
With a cross-border trade of $64 billion in 2016, the Asean block is the country's fourth biggest trading partner.
-
Indian Economy Likely To Become Third Largest By 2028: HSBC
Social capital is "insufficient" in the country and spending on aspects like health and education "is not just desirable for its (India's) own sake, but is also central to economic growth and political stability", according to HSBC.
-
Probe Into Indians Named By HSBC, Leichstenstein Complete: Government
Finance Minister Arun Jaitley said investigation against 628 persons named in the HSBC list of Indians holding foreign bank accounts has been completed, an assessment to the tune of Rs 8,437 crore in 409 of these cases made and 190 prosecutions filed against them.
-
Notes Ban: GDP May Slump To 5% In December Quarter, Says HSBC
According to the global financial services major, activity data across manufacturing and services as well as consumption and investment have clearly taken a hit after November 8, 2016.
-
GDP To Fall Post-Demonetisation, Follow-Up Reforms Key: HSBC
India's economic growth is expected to fall by up to 1 percentage points over the next 12 months in the wake of demonetisation, while longer-term gains will depend on follow-up reforms, says an HSBC report.
-
Expose On Overseas Black Money Of Indians Being Pursued: Arun Jaitley
India has filed 164 prosecution cases against alleged holders of illegal overseas accounts with HSBC bank, amounting to an assessment of Rs 8,000 crore, Finance Minister Arun Jaitley said.
-
Can India Be Next China? Not Impossible, Says HSBC
China is the world's second largest economy, with a GDP of over $10 trillion, five times bigger than India's $2 trillion economy.
-
India Obvious Candidate To Push Global Growth: HSBC
"If the West is not bouncing back to its former strength any time soon, where will growth come from? India is the obvious candidate," HSBC economists said
-
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.
-
India Needs Bold Reforms to Achieve True Potential, Says HSBC
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.
-
Black Money Law: Compliance Window Not to Apply if Proceedings Already On
The government on Friday said Indians against whom information has been received from foreign nations on overseas accounts or assets will not be eligible to use compliance window to make voluntary disclosures under the stringent new black money law.
-
Morgan Stanley Retains Sensex Target at 32,500 by December
Global financial major Morgan Stanley on Tuesday flagged slow movement on policy front, especially in clearing backlog of projects, and poor fiscal consolidation as some of the key risks to Indian economy, even as it remained bullish on the outlook for the stock market.
-
Factory Growth Accelerates in May: HSBC PMI
Indian manufacturing activity rose at its fastest pace in four months in May as domestic demand rocketed despite rising costs for firms and consumers, a business survey found on Monday.
-
India's GDP to Grow at 8.3% in 2016-17: 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.
