08-July-2026
Economy News
 
Factories hold, farms falter: HSBC sees uneven momentum in India’s economy
08-Jul-2026

It is starting to seem like India’s factories are holding up but the farms aren’t. The latest HSBC report stated that, as per the bank’s database of 100 growth indicators, only 54% grew positively in May, the softest reading in at least eight months and a sharp drop from 73% in January,

News Source:- https://www.financialexpress.com/policy/economy-factories-hold-farms-falter-hsbc-sees-uneven-momentum-in-indias-economy-4286145/?ref=economy_hp
 
 
 

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