Despite the challenges faced by the global economy, including geopolitical tensions and extreme weather events, global growth remains resilient, supported by easing inflationary pressures and strong employment conditions.
About 2.5 crore more Indian voters have exercised their franchise so far in the first four phases of the Lok Sabha polls, as compared to 2019, according to a SBI Research report, that cited Election Commission data.
In the first two phases of the Lok Sabha polls 2024, 8.7 lakh additional voters have voted with an increase of 0.4 per cent over the first two phases of 2019. Women voters have outstripped men in incremental numbers, according to an analysis by SBI Research.
According to the latest findings from the State Bank of India (SBI) Research, out of the 235 basis point (bp) growth, Maharashtra and Uttar Pradesh emerged as frontrunners, contributing 56 and 40 bps respectively, while the remaining 90 bps stemmed from other states.
Retail inflation in India eased a tad in February to 5.09 per cent from 5.10 per cent the prior month, due to the deceleration of prices in all categories except food.
The Monetary Policy Committee of the Reserve Bank of India (RBI) in its February review meeting is expected to again put a pause on the repo rate, according to SBI Research.
Once the CPI comes under control for fruits, vegetables, spices, and cereals, headline inflation is expected to drastically reduce to come near the mid-point of the RBI inflation target of 4 per cent, said SBI Research in a report.
The income tax returns filed by individual taxpayers in India earning between Rs 5 lakh and Rs 10 lakh climbed by 295 per cent in the assessment years 2013-14 and 2021-22, showing a positive trend of migration to a higher range of gross total income, according to a report by SBI Research.
India's labour market is undergoing a deep structural transformation with self-entrepreneurship across all echelons and higher education emerging as key enablers, according to SBI Research. In a report, it argued Periodic Labour Force Survey (PLFS) survey data for the five-year period ended
RBI in its past three meetings – April, June, and August -- held the repo rate unchanged at 6.5 per cent. The repo rate is the rate of interest at which RBI lends to other banks.
A low-interest rate regime in India during the pandemic resulted in a "paradigm shift" of households' savings from financial to physical assets, according to a report by SBI Research.