Mumbai, Feb 13 (IANS) China’s nationwide primary property sales are expected to fall 10–14 per cent as a persistent glut of completed housing keeps a market recovery out of reach, a new report has said.The report from S&P Global said the completed primary inventory rose for the sixth year in a row to 766 million square metres by 2025 end, up 1.6 per cent (year-on-year).Completed inventory at end-2025 was 45 per cent higher than the 10-year average prior to the downturn, the report further …
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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…
New Delhi, Jan 6 (IANS) “India’s service sector maintained a strong performance in December,” even as HSBC India Services PMI Business Activity Index eased to 58 from 59.8 in November, 2025, said a report on Tuesday.The index stayed well above the neutral level, as growth continued to be robust. A reading above 50 indicates economic expansion. The December figure was also well above the long-run reading of 55.The report compiled by S&P Global said the rate of expansion in incoming new work a…
Mumbai, Jan 2 (IANS) India’s manufacturing activity continued to expand in December, albeit at a slower pace, as HSBC India Manufacturing Purchasing Managers’ Index (PMI) eased to 55 in December from 56.6 in November, a report showed on Friday.The report compiled by S&P Global said that despite the moderation in growth, HSBC India Manufacturing PMI, held above its long-run average and the industry “wrapped up 2025 in good shape”.It said that positive demand continued to underpin shar…