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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   


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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 …

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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   


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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…

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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…

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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…

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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…

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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…

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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…

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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 …

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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…

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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   


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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   


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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…

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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…

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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   


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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…

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India's rural distress just went from bad to worse

The concern for the Indian government is both economic and political. Farmers in fi…

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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…

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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. …