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2 mins read
SBI Eco Research forecasts Q3 FY24 GDP growth at 6.8% amid global complexities
According to their report, the GDP growth is likely to be at 6.8 per cent, based on an unchanged ba…
ANI
2 mins read
With FY25 fiscal deficit target at 5.1%, FM is gunning for ratings upgrade say experts
The biggest takeaway from the Finance Minister Nirmala Sitharaman’s interim Budget announcement is …
3 mins read
Indian bank deposits better protected than in US: SBI report
Analysis of insured customer deposits across multiple geographies initiated in the wake of bank run…
ANI
3 mins read
India's fiscal deficit for FY23 estimated at ₹17.5 L crore, FY24 ₹17.95 L crore: SBI
The upcoming Indian budget for 2023-24 will be a challenging one for the government to follow the r…
3 mins read
For every rupee depreciation, software exports increase by $250 mn: SBI Chief Economic Advisor
India's software export revenue and remittances act as a strong counter cyclical buffer against inc…
1 min read
New Year with more ATMs dispensing cash? Forget it till March
By the end of February, almost 80% of the demonetised cash
i.e Rs 15.44 lakh crores will get back t…
3 mins read
RBI measures controlled inflation, but challenges remain say economists
Economists are of the view that the measures taken by the Reserve Bank of India (RBI) have controll…
1 min read
Demonetisation: Banks have replaced less than 10% of value of demonetised notes so far, still a long way to go
Meanwhile, banks have also circulated Rs 1, 03,316 crore into the system through withdrawals by acc…
2 mins read
Ease of doing business: India ranks 130 in World Bank report
From last year’s 142 slot, India has jumped to 130 this year. Singapore, New Zealand and Denmark ha…
2 mins read
Government on course to meet fiscal deficit target for FY24 as gross tax receipts hit a 20-year high
Economists believe that the government is on track to achieve the fiscal deficit target of 5.3% in …
2 mins read
India stands like oasis in era of uncertainty amid global inflation, says SBI Research
With central banks across nations amid an interest rate hike cycle, India performing better than th…
ANI
3 mins read
India’s first quarter GDP may surpass RBI MPC projection
The Indian GDP may surpass the latest Reserve Bank of India projections for the first quarter of…
2 mins read
Economists raise doubts over timing of economic revival in post-COVID-19 era
Rajat Kathuria, director and chief executive of the Indian Council for Research on International Ec…
PTI
3 mins read
ICICI Bank is capitalising on HDFC Bank's setback with its own digital services but analysts warn that market share isn't all that matters
At a time when HDFC Bank has been barred from launching any new digital services, and its share pri…
2 mins read
Is the Indian villager really spending way more on medicine than food?
India’s retail inflation data hit an 18-month low, according to latest official data. That combined…
4 mins read
RBI's reverse repo cut significant, but banks need to increase risk appetite: Economists
"Given the still sizeable funds that is being parked with the central bank under the reverse repo …
PTI
3 mins read
RBI cuts repo rate by 25 basis points; expects faster and higher transmission of benefits
India’s central bank cut the repo rate by 25 basis points to 5.75% from 6%, in its bi-monthly pol…
3 mins read
India's rural distress just went from bad to worse
The concern for the Indian government is both economic and political. Farmers in fi…
1 min read
Finally, RBI begins printing Rs 200 currency notes
"For day-to-day transaction purposes, the introduction of 200 rupee notes will add to the eas…
2 mins read
Here’s why India’s central bank could cut interest rates again this week
A rise in value of government bonds helps in keeping the borrowing costs lower. …