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.
Chairman of ArcelorMittal, LN Mittal, tops the HSBC Hurun Global Indians List 2024 with an estimated wealth of Rs 1,84,500 crore.
The Indian combination, making a comeback of sorts on the BWF circuit following an injury to Satwik, made a strong start against the Malaysian but struggled to counter the game plan of their opponent at the back end of both games and lost 21-18, 21-14 in 37 minutes.
Analysts at HSBC downgraded Indian equities to 'Neutral' from 'Overweight’.
The final India Services Purchasing Managers' Index (PMI) for December 2024 rose to 59.3 points, an increase from 58.4 points recorded in November.
Around one-in-10 companies recruited extra staff, while fewer than 2 per cent of firms shed jobs in 2024, according to the ‘HSBC India Manufacturing PMI’ report.
The Manufacturing Purchasing Managers’ Index (PMI) fell to 56.4, down from 56.5 in November showcasing manufacturing activity’s weakest growth of 2024 in December.
The past four years have been dominated by “upgrade” demand, serving developers well to achieve better pricing.
