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Additional $60 bn forex needed to fight volatilities: HSBC

HSBCNew Delhi: As India’s forex kitty is growing steadily, foreign brokerage HSBC today said the country needs at least USD 60 billion more in reserves to fight a sustained period [...]

June 26th, 2015 | Posted in Business | Read More »

‘Weak exports to hit growth by 0.40 percentage point in 2015′

HSBCNew Delhi: A slowdown in exports is likely to bring down India’s growth rate by 0.40 percentage point in 2015, a report by global brokerage firm HSBC has said. The [...]

May 26th, 2015 | Posted in Business | Read More »

Indian mfg activity falls in Jan on slower order flows: HSBC

HSBCNew Delhi: Manufacturing sector activity in January fell from December’s two year record-high as new orders, both from domestic and international sources, continued to grow but at a slower pace, [...]

February 2nd, 2015 | Posted in Business | Read More »

India’s Mfg sector output reaches 2-year high in Dec

HSBCNew Delhi: India’s manufacturing sector grew at its fastest pace in two years in December, ending 2014 on a high note on strong orders flows, including from abroad, an HSBC [...]

January 2nd, 2015 | Posted in Business | Read More »