Search For "sbi"
Expect retail inflation to remain close to 5%: SBI Research report
Updated : 1 year, 8 months ago IST
Retail inflation or Consumer Price Index in India is expected to remain below or close to 5.0 per cent in the remaining months of 2024-25, except for September, asserted SBI Research.
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Inflation is highest in Odisha at 7.22 pc followed by Bihar and Karnataka:
Updated : 1 year, 8 months ago IST
Odisha recorded the highest inflation at 7.22 per cent, followed closely by Bihar at 6.37 per cent and Karnataka at 5.98 per cent. This divergence highlights regional economic disparities as the country grapples with rising prices.
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12.5 crore jobs created under Modi govt; 2.9 crore under UPA rule: Hardeep
Updated : 1 year, 8 months ago IST
Lauding the findings of State Bank of India (SBI) report,Union Minister Hardeep Singh Puri said that only 2.9 crore jobs were created during UPA's 10 year rule in comparison to 12.5 crore jobs created by the Modi-led government in the past ten years.
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SBI Caps report highlights optimistic outlook for the Indian economy, desp
Updated : 1 year, 8 months ago IST
State Bank of India (SBICAPS) report titled "Indian Economy: Maintaining Momentum on a Deteriorating Global Pitch" observed a positive demand momentum in major sectors of the economy.
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The government will continue on the path to fiscal consolidation in FY25:
Updated : 1 year, 8 months ago IST
The SBI report adds that the various avenues of income for the government such as corporate tax, income tax, customs duty, excise duty, Goods and Services Tax, Net tax revenue, and non-tax revenue have shown a better than estimated revenue collections not only in FY24 but also in the first t
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India's PMI surges in June, steel and services sectors drive economic grow
Updated : 1 year, 8 months ago IST
Concurrently, the Eight Core Industries Index expanded by 6.5 per cent year-on-year in the first two months of FY25, buoyed primarily by increased activity in essential sectors such as coal, natural gas, and electricity.
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Bank credit in FY25 is likely to be between 13-15 pc, suggest a rise econo
Updated : 1 year, 8 months ago IST
The capital market activity in June was marked by lower G-Sec supply and increased Foreign Portfolio Investor (FPI) inflows, supported by index inclusions, which helped prevent crowding-out effects. Bank credit continued its strong growth momentum, exceeding 15 per cent year-on-year as of mi
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Divestment needs concrete roadmap, Centre should take stance on PSBs: SBI
Updated : 1 year, 8 months ago IST
Disinvestment or divestment typically refers to the sale by the government, partly or fully, of a government-owned enterprise.
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Government should devise alternative mechanisms of MSP to guarantee fair p
Updated : 1 year, 8 months ago IST
Amid demands of a legal guarantee for minimum support price (MSP) for agriculture produce, a recent research report by State Bank of India, suggests government to devise alternative mechanisms to support farmers in the upcoming union budget.
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India needs to develop mineral strategy for the entire value chain, from e
Updated : 1 year, 8 months ago IST
To fully capitalize on its mineral resources, India needs a coordinated approach that addresses challenges across the value chain. This includes overcoming bureaucratic hurdles, improving regulatory frameworks, and investing in infrastructure to support the mining sector's growth.
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Reforms in pension scheme, tax on deposits, PSBs' consolidation must be on
Updated : 1 year, 8 months ago IST
The key reforms brought in over the past decade were Jan Dhan; Digitization, financial inclusion; recapitalisation of PSBs; API-based banking; Insolvency and Bankruptcy Code; GST; and platform business models, among others.
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SBI Research recommends separate PLI Scheme for MSMEs
Updated : 1 year, 8 months ago IST
The Production Linked Incentive (PLI) scheme has been instrumental in augmenting India's manufacturing capacity by attracting fresh investments and facilitating substantial economic activity.
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