India's FY23 GDP growth likely to surpass 7%, manufacturing sector to rebound: SBI report
May 27, 2023, at 07:00 am
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.
May 24, 2023, at 03:00 am
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.
Jan 18, 2023, at 06:15 am
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.
Jun 14, 2022, at 05:50 am
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
May 17, 2022, at 04:57 am
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.
Apr 15, 2022, at 05:29 am
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
Feb 26, 2022, at 08:10 am
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
Feb 18, 2022, at 10:19 pm
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
May 01, 2021, at 04:59 am
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.