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Wednesday, April 29, 2026
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

New promo video by PLA Navy is a teaser of China’s deep blue capabilities

Rather than functioning as conventional propaganda, the video operates as a device for interpretation, subtly shaping expectations about future developments in China’s naval trajectory.

Adani’s giant copper plant hits technical setbacks in first year

The 500,000 tonne-per-year plant produced just 94,000 tonnes of refined copper from April 2025 to February this year.

JD Vance worried Pentagon not giving Trump the full picture of the war—The Atlantic report

Vance, originally sceptical about US launching strikes against Iran, is reported to be worried that the US does not have enough interceptors and offensive missiles, something he has raised with Trump.

Trump, Netanyahu’s Iran gamble: The regime change rebound

American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.