The Reserve Bank of India (RBI) has done its best to ensure monetary policy continues to support India's economic growth and it is now time for the markets to show maturity and remain non exuberant, SBI Research said in a report, as the central bank in an unprecedented move reduced repo rate
Indian economy is expected to grow at 7.0-7.1 per cent in the April-June period, the first quarter of 2024-25, SBI Research said in a report, days before the government would release official data. As a caveat, its growth forecast comes with a downward bias.
According to the latest data released by the ministry of statistics, the retail inflation during the month of December was at 5.72 per cent. The latest figures, released on Thursday, showed a marginal decline and further moderation in retail inflation as compared with the previous month.
New Delhi [India], August 22 (ANI): The G-20 Presidency will be a golden chance for India to correct the long-standing anomalies that go against the developing countries, especially in the domain of agriculture and food subsidies, SBI Research said in its latest report.
New Delhi [India], August 5 (ANI): India's fiscal deficit, the difference between revenue and expenditure, is expected to be around 6.5 per cent of gross domestic product, against the Budget estimate of 6.4 per cent, SBI Research said in its weekly report.
New Delhi [India], July 31 (ANI): Credit growth to the Ministry of Micro, Small & Medium Enterprises (MSME) sector has expanded by Rs 52,800 crores in the current financial year as against degrowth of Rs 61,000 crore during a similar period of the previous year, SBI Research said in its