HSBC Cuts India FY27 GDP Forecast to 6%
HSBC has cut its India GDP growth forecast for FY27 to 6%, blaming an energy crisis and deficient rainfall. The bank also expects the RBI to deliver two rate cuts to support slowing growth.
Tag
HSBC has cut its India GDP growth forecast for FY27 to 6%, blaming an energy crisis and deficient rainfall. The bank also expects the RBI to deliver two rate cuts to support slowing growth.
HSBC has slashed its India GDP growth forecast by 140 basis points, flagging an energy price shock and a deficit rainfall outlook as the main risks. The cut puts HSBC well below the RBI's official 6.9% growth projection for 2026-27, with rural demand and manufacturing margins most exposed.
JPMorgan and HSBC have downgraded Indian market ratings, cutting Nifty targets over rising inflation and rupee weakness tied to high crude prices and geopolitical risk. India's heavy oil import dependence makes it especially exposed to this macro squeeze. Further downgrades may follow if inflation and currency pressure
HSBC Chair Mark Tucker said a Middle East peace deal is necessary to restore global energy flows, framing geopolitical resolution as the core condition for supply chain and energy market normalization. The statement reflects how major financial institutions are directly embedding regional conflict risk into their strat
Tag
HSBC has cut its India GDP growth forecast for FY27 to 6%, blaming an energy crisis and deficient rainfall. The bank also expects the RBI to deliver two rate cuts to support slowing growth.
1mo ago · 2 min · Economy
HSBC has slashed its India GDP growth forecast by 140 basis points, flagging an energy price shock and a deficit rainfall outlook as the main risks. The cut puts HSBC well below the RBI's official 6.9% growth projection for 2026-27, with rural demand and manufacturing margins most exposed.
1mo ago · 2 min · Economy
JPMorgan and HSBC have downgraded Indian market ratings, cutting Nifty targets over rising inflation and rupee weakness tied to high crude prices and geopolitical risk. India's heavy oil import dependence makes it especially exposed to this macro squeeze. Further downgrades may follow if inflation and currency pressure
2mo ago · 1 min · Markets
HSBC Chair Mark Tucker said a Middle East peace deal is necessary to restore global energy flows, framing geopolitical resolution as the core condition for supply chain and energy market normalization. The statement reflects how major financial institutions are directly embedding regional conflict risk into their strat
2mo ago · 1 min · Global Affairs
— End of feed —