Search result for 'sbi research'

SBI research estimates India's GDP growth for the current fiscal year at 6.3%, driven by a healthy rural economy, strong domestic demand and government interventions.

New RBI Governor Sanjay Malhotra is expected to announce a 25-basis point cut in interest rates on Friday, marking the first reduction in nearly five years. Experts weigh in on the anticipated...

The Reserve Bank of India (RBI) is expected to cut interest rates by 25 basis points, the first in five years, amid a stable inflation rate. Experts believe this move will boost economic growth and...

SBI report forecasts India's GDP growth at 6.3% in FY25, slightly lower than government's estimates, citing weak demand and subdued investments.

PM Modi warns against attempts to disrupt peace in rural India through caste politics, stressing the need for social harmony. He highlights government efforts for rural development and financial...

SBI research reveals a significant decline in rural poverty to 4.86% in FY24, driven by government support programs. Urban poverty is estimated at 4.09%.

The Reserve Bank of India's Monetary Policy Committee (MPC) is expected to maintain the repo rate at 6.5% amid high inflation. The decision will be announced on December 6.

The Indian rupee fell to a new all-time low of 84.39 against the US dollar on Tuesday, driven by foreign fund outflows and a strengthening greenback. Experts predict further depreciation in the...

The Indian rupee fell to an all-time low of 84.40 against the US dollar in early trade on Tuesday, driven by foreign fund outflows and a strong dollar. Experts predict the rupee may depreciate...

SBI report predicts an 8-10% rupee depreciation against the US dollar under Trump 2.0, citing potential for increased tariffs and H-1B restrictions. The report also analyzes the impact on FDI,...

Reserve Bank of India's Monetary Policy Committee is expected to keep interest rates unchanged due to inflation concerns and steady economic growth. Experts anticipate the MPC to maintain its...

India's indirect tax collection for FY24 surpassed revised estimates by a significant margin, driven by record GST revenue. CBIC chairman highlights strong economic activity.

India's government has met its tax collection target for FY24, exceeding Rs 34.37 lakh crore. Robust economic activity and improved compliance contributed to the achievement.

SBI Research forecasts India's Q3 GDP growth at 6.7-6.9% due to weak farm sector performance, compared to 7.6% in Q2. The forecast is lower than RBI's 7% projection.

SBI research shows income inequality in India has declined, with more taxpayers moving to higher income brackets. The report refutes the K-shaped economic recovery theory.

SBI research finds income inequality in India has declined, refuting the K-shaped recovery theory. More taxpayers moved to higher income brackets while top earners' contributions decreased.