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Monday, August 11, 2025
TopicHSBC

Topic: HSBC

India’s service sector PMI sees marginal fall in November; hiring grew at fastest pace since 2005

Report released Wednesday by HSBC India Services Purchasing Managers' Index highlighted service providers in India attribute strong performance to growth in demand & new business gains.

India’s services growth picks up in June on record rise in exports, PMI shows

'Activity growth in India’s service sector accelerated in June... led by an increase in both domestic and international new orders,' noted an economist at HSBC.

This Indian banker is the world’s best, says The Economist

Launched in 1994, India's HDFC Bank is now the world’s 10th most valuable bank and has surpassed Citibank and HSBC in worth standing at about $90 billion.

India’s debt binge will widen overall 2020-21 fiscal deficit to 13%, HSBC says

Debt sales by state entities may have also widened fiscal deficit for 2019-20 to 10.2% of GDP from 9% estimated before coronavirus outbreak, HSBC says.

Back-to-back rate cut in store. What to watch out for in RBI policy statement today

With inflation below RBI’s 4% medium-term target, MPC expected to drop repurchase rate by 25 basis points to 6%.

Troubled Jet Airways fails to repay $109 million loan to HSBC Bank

The collapse of Jet Airways could put about 23,000 jobs at risk and dent Prime Minister Narendra Modi’s image ahead of his re-election bid.

The H in HSBC is looking rather unprotected

The good times for HSBC may be ending in Hong Kong.

These are the best countries to live and work in — and to boost your salary

Singapore topped the ranking as best place to live and work for a fourth straight year, beating New Zealand, Germany and Canada.

On Camera

MBBS guidelines for students with disabilities reduce a life to a limb

The guidelines ask whether a student can climb stairs, but not whether the college has a ramp. They ask whether a student can bear weight, but not whether the system can bear the weight of its own prejudice.

How mining, manufacturing & power sectors weighed on India’s industrial output since January 2024

India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.

Legacy of Air Chief Marshal LM Katre, the man who flew Spitfires & ushered IAF into a modern era

ACM Katre was 2nd IAF chief to die in harness. It was at a memorial lecture in his honour where IAF chief AP Singh revealed that India shot down 6 Pakistani aircraft in Op Sindoor.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.