May 23, 2024 02:50 (IST)
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Bangladesh MP killed in Kolkata, joint investigation launched | Pune teen who killed 2 techies after crashing his Porsche sent to remand home till June 5 | 'There are two versions, I expect fair probe': Arvind Kejriwal's first remarks on Swati Maliwal assault row | 'I will not accept': Mamata Banerjee on Calcutta HC scrapping OBC certificates issued in Bengal after 2010 | EC slams BJP, Congress over poll speeches; says 'electoral democracy should not be weakened'

India's FY23 GDP growth likely to surpass 7%, manufacturing sector to rebound: SBI report

Despite the global economic slowdown, India is expected to continue its showdown in pursuing a different pathway of zeroing in on drivers of growth, looking for a renewed surge in resilient manufacturing while supporting the services sector to embrace enhanced efficiency, an SBI report said on Friday.

SBI report says 2000 rupee note withdrawal a non-event; to have favourable impact on deposits and yields

Mumbai: The withdrawal of 2000 rupee note is likely to be a non-event as digital payment in India has been witnessing new milestones, in both value and volume terms, indicating the robustness of our payment ecosystem and acceptance by a wide stratum of consumers, according to an SBI report.

India's FY24 fiscal deficit to be set close to 6.0% of GDP, net market borrowings at Rs. 11.7 lakh crores: SBI report

Mumbai/IBNS: The Government will face stiff challenges in the Budget FY24 to stick to the road map for fiscal consolidation, amidst a global environment of declining inflation, according to a report by SBI’s Group Chief Economic Adviser.

'CPI may have already peaked; Fed can borrow RBI template to control rampaging US inflation': SBI research report

Mumbai: After rising to a 95-month (almost 8 years) high to 7.79 percent in Apr’22, CPI inflation moderated to 7.04% in May’22 due to broad-based deceleration. Core CPI also moderated in May to 6.09% as compared to 6.97% in Apr’22,  State Bank of India’s Economic Research Department said Monday.

At least 59 pc of inflation increase due to war impact: SBI report

At least 59 percent of the increase in inflation is because of geopolitical conflict. Against the continued increase in inflation, it is now almost certain that RBI will raise rates in the forthcoming June and August policy and will take it to the pre-pandemic level of 5.15 percent by August.

SBI Ecowarp report: First rate hike likely in June policy meet; Cumulative 75 basis points expected through the cycle

New Delhi: CPI inflation surged to 6.95% on yearly basis in Mar’22 as compared to 6.07% in Feb’22 mainly on account of food price inflation.

Ukraine-Russia conflict: Indian govt could lose Rs 1 trillion revenue, says SBI report

Kolkata/UNI: The Indian Government could incur a revenue loss of Rs 95,000 crore to Rs 1 lakh crore for FY23 because of rising oil prices in the backdrop of the continuing Russia-Ukraine conflict, a State Bank of India research report said on Friday.

India's GDP to grow by 8.8 pc in FY 22: SBI report

Kolkata/UNI: The country's gross domestic product (GDP) for the full year (FY22) would grow by 8.8 percent, 0.5 percentage point down than the earlier estimate, a State Bank of India research report said on Friday.

Covid-19 peak likely by mid-May: SBI report

Mumbai/IBNS: The second wave of coronavirus in India may touch the peak around mid-May, analysts of country's biggest lender State Bank of India (SBI) have predicted.