Indian companies showed a strong recovery in the October-December quarter (Q3FY25) after two consecutive quarters of negative EBITDA growth, says a report by the State Bank of India (SBI).
Aaranyak, with support from SBI Foundation, initiates a habitat restoration project in Assam's Udalguri district, aiming to reduce human-elephant conflict. The project involves local communities in nursery operations, enhancing both wildlife conservation and livelihoods.
The Indian economy grew by 5.4 per cent in real terms in the July-September quarter of the current financial year 2024-25. The quarterly growth was much lower than RBI's forecast of 7 per cent. In the April-June quarter too, India's GDP grew at a slower pace than was estimated by the central
In a simulated scenario assessing the potential economic impact of a 20 per cent flat tariff on Indian exports to the United States, the State Bank of India report predicts a loss of 50 basis points (bps) to India's GDP.
Mumbai (Maharashtra) [India], February 17: Findability Sciences, a global leader in AI-driven enterprise solutions, announced the winners of the Findability Sciences Global AI Awards 2025 at an exclusive ceremony held at the iconic Jio World Convention Centre in Mumbai. The prestigious event
The impact of U.S. tariff reciprocity on Indian exports is expected to be minimal, despite concerns over trade restrictions, according to a report by State Bank of India.
New Delhi [India], February 7: The anticipated increase in India's adoption of electric vehicles (EV), with EV sales forecasted to reach 30-35% of annual vehicle sales by FY30, according to SBI Capital Markets (SBICAPS), creates a large window of opportunity for the stainless steel indust
The Enforcement Directorate (ED) has attached movable and immovable assets valued at Rs 32.57 lakh belonging to Narendra Kumar Chettri and his wife Jayanti Thapa and other individuals in connection with the fraudulent siphoning of funds from the Indian Himalayan Centre for Adventure and E
The operating profit for the quarter stood at Rs23,551 crore, marking a 15.81 per cent YoY increase. Additionally, the Net Interest Income (NII) grew by 4.09 per cent YoY to Rs41,446 crore, while the Return on Assets (ROA) improved to 1.04 per cent, rising 42 basis points (bps) YoY. The bank
If India maintains a nominal growth rate of 10.5 per cent its fiscal deficit is expected to reduce to 4 per cent of GDP in the next financial year (FY26), according to a report by SBI Funds.
The government's market borrowing plans for the financial year 2025-26 (FY26) appear well-placed to support fiscal policy while complementing monetary policy, according to a report by the State Bank of India (SBI).