India’s private sector activity continues to expand; PMI eases to 58.1
India’s private sector activity continued to expand in May, signalling sustained but marginally softer growth momentum.
India’s private sector activity continued to expand in May, signalling sustained but marginally softer growth momentum.
India’s manufacturing sector slowed in March as growth in activity moderated due to rising costs, competitive pressures and global uncertainty, according to the HSBC India Manufacturing PMI report.
Proceeds from the facility will be used for general banking and corporate purposes, according to the statement.
Despite the decline, the index remained well above the 50 threshold that separates growth from contraction, indicating that overall operating conditions in the sector stayed positive.
The HSBC Flash India Composite Output Index fell to 58.9 in December from 59.7 in November, growing at its slowest pace since February, said data released by S&P Global on Tuesday.
India’s manufacturing sector hit a 10-month high in April 2025, with the seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) rising from 58.1 in March to 58.2 in April.
Canara HSBC Life Insurance Company has filed for an initial public offering (IPO), with its existing shareholders looking to sell their stake.
India's Manufacturing Purchasing Managers’ Index (PMI) rose to 58.1 in March 2025, up from 56.3 in February, and its highest mark in 8 months.
The HSBC flash Purchasing Managers' Index (PMI) survey released on Monday said the private sector output in India increased at a slower pace in March as compared to the previous month.
India's Manufacturing Purchasing Managers’ Index (PMI) in February marked the slowest expansion since December 2023, falling to 56.3, data compiled by S&P Global and released by HSBC said on Monday.
