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Indian manufacturing activity marginally down for Dec: HSBC PMI

Indian manufacturing activity for Dec was marginally down from Nov, but, continued to show signs of improvement, according to HSBC, India, Manufacturing PMI. "The Indian manufacturing sector ended 2013 on an encouraging footing. Operating conditions improved for the second successive ...

India's services sector output contracts moderately: HSBC PMI

India's HSBC Services Business Activity Index rose from September's four-and-a-half year low of 44.6 to 47.1 in October. The latest reading indicated a fourth successive monthly contraction of service sector output across India and is cretainly not good news. ...

Private sector output contracts fastest in four and half years

The HSBC India Composite PMI contracted at the fastest pace in four-and-a-half years. The reading fell to 46.1 in September from August's 47.6. "The HSBC India Composite Output Index declined to its lowest mark in four-and-a-half years to signal a ...