RMSBPL

Blog

India's private sector gains momentum in April as manufacturing drives growth: HSBC PMI

India’s private sector saw robust growth in April. Manufacturing led the expansion, with services also improving. Businesses reported increased demand and activity. Hiring picked up across sectors, reaching a ten-month high. Firms remain optimistic about future growth. Inflationary pressures eased … Read More

HSBC downgrades India to 'underweight' as oil shock clouds earnings recovery

HSBC has downgraded Indian stocks to underweight. Rising energy prices from the Middle East war are a concern. This could impact India’s earnings recovery. Indian markets are among the worst performers globally this year. HSBC expects earnings forecasts to be … Read More

Moody’s Ratings cuts India’s FY27 growth forecast to 6% on higher energy costs

Moody’s has lowered India’s FY27 growth forecast to 6% due to weaker private consumption and industrial activity, driven by higher energy prices from the Iran war. Elevated energy costs are expected to widen the trade deficit and increase fiscal pressures, … Read More

India–South Korea eye $50 billion trade, discuss critical tech, supply chains amid West Asia tensions

India and South Korea are set to significantly expand their trade partnership. The goal is to reach $50 billion in bilateral trade by 2030. This expansion will focus on critical technologies and supply chains. Both nations will upgrade their trade … Read More

India’s core sector growth contracts 0.4% in March 2026 to lowest level since August 2024

March 2026 brought unexpected challenges for India’s foundational industries, as the Index of Eight Core Industries reported a contraction of 0.4 percent.

India, US continue to have "positive, productive discussions" on trade deal

A senior United States official has said that Washington and New Delhi are making progress toward a finalised trade deal, as the two sides hold fresh negotiations in the American capital.