HSBC on Friday lowered India's economic growth forecast for this fiscal to 6.2 per cent, from 7.5 per cent earlier, saying slower progress in 'supply-side reforms' and 'protracted global recovery'......
Leading foreign lender HSBC said on Thursday it sees little chance of a rate cut by the Reserve Bank of India next week, as nothing on the fiscal or inflation fronts has changed from the......
India's current account deficit, which hit record high of 6.7 per cent in December quarter, is likely to be around 4.8 per cent of GDP in the March quarter, HSBC said in a research note.Though......
The clamour for rate cuts became louder after January's headline inflation stood at 6.5 per cent. However, what makes January's print more relevant is for the first time in 12 months, 'core'......
HSBC on Thursday said the Indian economy, which is projected to grow at 5.7 per cent this fiscal, is likely to grow at a faster pace next fiscal at 6.9 per cent following the recent spate of policy......