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Byju's, Once Valued At $22 Billion, Is Now Worth "Zero”
The embattled edtech firm is struggling to pay employee salaries amid mounting legal battles.
Jun 08, 2024, 17:10 PM IST
Inflation to average around 5.1% this fiscal: Report
On RBI's policy stance, the report said, the RBI has enough reasons to raise rates by 50 bps in this cycle.
May 15, 2018, 17:10 PM IST
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
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 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
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 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
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
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
