New Delhi, Jan 23 (IANS) Growth picked up pace for both manufacturing and services in India in January as the HSBC Flash PMI figures on Friday showed quicker increases in new orders and output, alongside the reinstatement of job creation and a rebound in business confidence in the country.Rising from 57.8 in December to 59.5 in January, the HSBC Flash India Composite Output Index – a seasonally adjusted index that measures the month-on-month change in the combined output of India’s manufactu…
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New Delhi, Jan 13 (IANS) India appears to be in a Goldilocks phase of high growth and low inflation, a report said on Tuesday, with economists urging a shift towards a near‑neutral policy.The report from HSBC Global Investment Research said that a near‑neutral policy, combining fiscal restraint with continued monetary ease, would best support markets and the broader economy in 2026.”A combination of tight fiscal and easy monetary policy which creates a better economic balance should be posit…