Daily Latest News
Hindi News Business VB G RAM G Bill Benefits; UP Maharashtra Bihar Funding CG Funding Ratio | SBI Report New Delhi3 minutes ago copy link President Draupadi Murmu has given his approval to this bill on December 21, after which it has now become a law. The new law ‘Vikas Bharat Guarantee for Employment and…
New Delhi: Imposition of 25 per cent penalty on goods trade with India, with a proposition of additional 25 per cent on the world’s largest democracy, can be a bad policy decision for the US and its people, an SBI Research report said on Friday. On the other hand, India — strategically protecting its sovereignty…
New Delhi: Lending rates are expected to fall by around 30 basis points (bps) following the recent policy rate cut, according to a report by the State Bank of India (SBI). The report highlighted that the immediate impact will be seen on loans linked to the external benchmark lending rate (EBLR), which make up about…
New Delhi: The Indian economy is poised to remain the fastest-growing major economy in FY26 by leveraging its sound macroeconomic fundamentals, robust financial sector and commitment towards sustainable growth, according to a State Bank of India (SBI) report. With higher anticipated saving based on latest RBI annual report, the domestic finances will be sufficient to…
New Delhi: India and the United Kingdom have signed a landmark free trade agreement (FTA), momentous not only in quantitative magnitude — encompassing reductions across 90 per cent of tariff lines — but also in its emblematic stature as a recalibration of post-globalisation economic strategy, an SBI report said on Wednesday. The FTA signal a…
New Delhi: Indian households have significantly altered their spending patterns over the past 12 years, shifting focus from food to non-food items, according to an analysis by the State Bank of India (SBI). A deeper analysis of the report also revealed several key trends. Consumption of cereals and pulses has significantly declined, dropping by over…
Last Updated:October 25, 2024, 6:26 PM IST A comparison of disparity in income during AY15 and AY24 shows that there is a clear rightward shift in the income distribution curve, signifying people in lower income brackets are increasing their income to converge towards their share in population, says SBI. For people with income up to…
The report highlighted that India experienced minimal deviations from its inflation targets New Delhi: India has demonstrated a largely successful inflation targeting regime compared to advanced economies such as the USA, Germany, and France, according to a research report by the State Bank of India (SBI). The report credits government initiatives, the RBI, and banks…