Foreign portfolio investors (FPIs) have significantly impacted key sectors such as financial services, oil & gas, and automobiles with continued selling pressure, according to a report by the State Bank of India (SBI).
India's 9 crore females' workforce participation increased because of the 'Har ghar Ja'l initiative by the central government, highlighted a report by the State Bank of India (SBI).
Gandhinagar (Gujarat) [India], October 17: IFSCA is unveiling a series of videos to spotlight India's vibrant investment opportunities at the IOSCO World Investor Week 2024. The World Investor Week (WIW) is a global campaign backed by IOSCO that promotes investor education and wealth protect
The soaring figures of retail inflation in September could force the Reserve Bank of India (RBI) to continue with neutral stance for a longer duration, stated SBI research, adding that "first rate cut could be based on growth, and need not be inflation."
The decline in the India's industrial production for August 2024 is mainly due to base effects and heavy rainfall, which impacted key sectors, highlighted a report by SBI.
Indian bonds currently appear neutral to slightly attractive compared to the equity market, as well as their own historical performance during previous rate-cutting cycles, highlighted a report by SBI Mutual Fund.
"Interestingly the yearly gap between credit and deposit growth has narrowed down to 150 bps during the latest fortnight which is lowest since 6 May'22. This indicates that deposit growth will soon outweigh credit growth." said the report.
After the RBI projected more than 7 per cent of GDP growth for the entire financial year 2024-25, a latest report by State Bank of India noted that a rate cut with a 7 per cent growth never happened in the history.
India today granted cash-strapped Maldives a USD100 million Treasury bills roll over, in addition to both sides inking a USD 400 million and Rs 3,000 crore currency swap agreement.
Nepal Prime Minister Disaster Relief fund received more contributions on Saturday after LIC Nepal Ltd, Nepal SBI Bank Ltd and the Oriental Insurance Company Ltd from India sent in more help to support the victims of floods and landslides in the country.