The HSBC India Services Purchasing Managers’ Index (PMI), compiled by S&P Global, rises to 59.8 in November from 58.9 in October.
3 min read3 Dec 2025The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index slid to 56.6 in November from 59.2 in October, marking the slowest improvement in operating conditions since February.
2 min read1 Dec 2025The answer may depend on the export outlook amid sluggish global demand, the pace of infrastructure and construction during the post-monsoon quarter, and whether the surge in new orders captured in the PMI survey translates into hard production data.
3 min read21 Nov 2025HSBC India Services PMI eased to 58.9 in October, but manufacturing regained momentum on GST relief and stronger productivity.
2 min read6 Nov 2025India’s latest manufacturing data shows the sector gaining momentum, a sign that GST cuts have stoked demand and production. Amid global trade headwinds, can this upswing withstand external shocks?
1 min read4 Nov 2025The HSBC Flash India Composite PMI Output Index, compiled by S&P, decreased to 59.9 in October from 61 in September, indicating a slight moderation in overall private sector growth.
2 min read24 Oct 2025Asia’s manufacturing recovery shows mixed signals in September, with India’s PMI easing slightly while China and South Korea regained momentum. Mint breaks down the numbers and what they mean for the region’s factories.
4 min read17 Oct 2025Despite the dip, September was the fourth straight month with the index above 60, signalling strong business expansion and resilient demand.
2 min read6 Oct 2025The drop in the headline index may be a one-off as manufacturers are confident that GST cuts will boost domestic demand. And while demand from other countries may be offsetting a drop in demand from the US, it's too early to celebrate the increase in exports.
2 min read1 Oct 2025A well-tracked gauge of this sector’s activity suggests strong momentum last month, with export orders rising sharply. Price levels may need to be watched for a well-rounded view.
1 min read4 Sep 2025The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
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