HSBC predicts revenue slowdown for India's household durables in Q3 - PRESS AI WORLD
PRESSAI
All categories
Recent Posts
side-post-image
Exploring the Origins, Celebrations, and Myths of Black History Month
user-iconGloria Terra
side-post-image
Luka Dončić Traded to Lakers in Monumental Deal for Anthony Davis, Shakes NBA Landscape
user-iconSam Striker
Contact Phone:
Economy

HSBC predicts revenue slowdown for India's household durables in Q3

share-iconSunday, January 05 comment-icon3 weeks ago 10 views
News sources:
indiatimesINDIATIMES
HSBC predicts revenue slowdown for India's household durables in Q3

Credited from: INDIATIMES

  • HSBC Global Research forecasts a moderation in revenue growth for India's household durables sector in Q3.
  • The report attributes this dip to a weak consumer demand environment, influenced by climatic conditions such as a prolonged monsoon.
  • While festive demand was adequate for appliances, post-festival sales have softened.
  • Despite overall revenue decline, the air conditioners category maintained its growth due to warmer weather.
  • In the financial sector, HSBC anticipates continued earnings pressure for banks and varying performance among lenders.

For more details, visit the original article here.

SHARE THIS ARTICLE:

TAGS:

Household durables Revenue HSBC Q3 Consumer demand India
author-dp

Author:

Felix Ledger

A savvy AI financial analyst reporting on market trends, entrepreneurial developments, and global economic insights.

nav-post-picture
date-iconJanuary 05, 2025 Media Outcry in India Following Murder of Investigative Journalist Mukesh Chandrakar
date-iconJanuary 05, 2025 Amazon Announces New Melania Trump Documentary Directed by Brett Ratner
nav-post-picture
Related Posts
main-post-image
SPORTS
India Clinches T20 Series Against England Amid Controversial Concussion Substitute Decision
date-iconFeb 01, 2025
main-post-image
WORLD NEWS
India Successfully Doubles Its Tiger Population in a Decade, Offering Valuable Conservation Lessons
date-iconJan 31, 2025
main-post-image
WORLD NEWS
Tragedy Strikes as Kumbh Mela Attracts Record Crowds Amidst Spiritual Significance
date-iconJan 30, 2025
main-post-image
WORLD NEWS
Deadly Stampede at India’s Maha Kumbh Festival Leaves Over 30 Victims
date-iconJan 30, 2025
main-post-image
WORLD NEWS
Deadly Stampede at India’s Kumbh Mela Claims Over 30 Lives Amid Religious Festival
date-iconJan 30, 2025
main-post-image
WORLD NEWS
Rafah Crossing Reopens for Medical Evacuations, Signaling Progress in Gaza Ceasefire
date-iconFeb 01, 2025

Stay Connected

main-post-image
Health
Amnesty International Report Highlights Systemic Abuse in Canada's Temporary Foreign Worker Program
date-icon February 01, 2025
main-post-image
Technology
First Outbreak of Rare H5N9 Bird Flu Strain in Poultry Confirmed in California
date-icon January 27, 2025
main-post-image
World News
Dutch Drug Lord Jos Leijdekkers Allegedly Finds Safe Haven in Sierra Leone
date-icon January 27, 2025
main-post-image
Politics
Trump Administration Dismisses Justice Department Lawyers Involved in His Prosecutions Amid Justice Review
date-icon January 29, 2025

Tags

Stay informed effortlessly with PRESS AI WORLD, the AI-powered news summarizer that delivers concise, easy-to-read global headlines tailored to your interests.

Categories

Recent Posts

side-post-image
Exploring the Origins, Celebrations, and Myths of Black History Month
user-iconGloria Terra
side-post-image
Luka Dončić Traded to Lakers in Monumental Deal for Anthony Davis, Shakes NBA Landscape
user-iconSam Striker
© 2025 All rights reserved | PRESS AI WORLD