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Bangladesh likely to hold national polls in late 2025 or early 2026, says Yunus in Victory Day speech | Constitution stood test of time: Nirmala Sitharaman in Rajya Sabha | PM Museum requests Rahul Gandhi to return Pandit Nehru's historical letters | Indian tabla maestro Zakir Hussain dies at 73 in San Francisco, confirms family | Kolkata woman strangled, beheaded and chopped into pieces for refusing brother-in-law's advances | Arvind Kejriwal, CM Atishi to contest Delhi polls from current constituencies | Atul Subhash suicide case: Wife Nikita, her mother and brother arrested | Pushpa 2 stampede: Allu Arjun walks out of jail, actor's lawyer slams delay in release | Donald Trump intends to end 'inconvenient' and 'very costly' Daylight Saving Time | Suchir Balaji: Indian-origin former OpenAI researcher found dead at US apartment

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.

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

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.

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

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.

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

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.

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

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.