The rupee has fallen from Rs 85 to Rs 90 per USD in under a year, far quicker than previous five-rupee intervals, which earlier took anywhere between 581 to 1,815 days. SBI in its report noted this as the second-quickest fall since the 2013 Taper Tantrum.
The credit growth of the banks in the country which had slowed in recent quarters, is expected to pick up as companies begin to draw more funds for their day-to-day operations, highlighted a report by State Bank of India.
The Reserve Bank of India (RBI) may keep the repo rate unchanged at its upcoming December monetary policy review meeting, given that the country's economy reported strong 8.2 per cent GDP growth in the July-September quarter.
India's economy expanded 8.2 per cent in Q2 FY26, the highest in six quarters, backed by strong growth in manufacturing, construction, and services, according to the latest SBI Research Ecowrap report. The data shows that India's economy is expected to grow at 7.6 per cent in FY26, driven la
As part of the initiative, 29 women from diverse rural areas of the district were provided free tailoring training, along with a daily meal. The programme aims to equip participants with essential livelihood skills that can enable them to generate income and support their families.
Mumbai (Maharashtra) [India], November 26: With medical inflation rising steadily and healthcare needs changing as one ages, consumers are looking at options outside the standard one-size-fits-all health policies. They are keen on plans that offer long-term value, deeper protection, and the
The implementation of the government's new labour reforms could significantly boost employment and formalisation in India's labour market over the medium term, highlighted a report by the State Bank of India (SBI).
India's trade flows have shown resilience despite global uncertainty and currency volatility, according to a report by SBI Research. During April to September of FY26, India's total merchandise exports rose by 2.9 per cent to USD 220 billion compared to USD 214 billion in the same period las
Ranchi (Jharkhand) [India], November 21: Under the leadership of Dr. Dharmendra Kumar, Chairman of RK HIV AIDS Research and Care Center, a successful nutrition kit distribution program for TB patients was organized in Ranchi, along with the launch of the TB Mobile Medical Unit. This initiati
The Enforcement Directorate (ED) has attached nine luxurious foreign immovable properties located in Dubai (UAE) in the Rs 1266.63 crore State Bank of India (SBI) fraud case allegedly done by Advantage Overseas Private Limited (AOPL), the agency said on Tuesday.
India's economy is expected to have grown by around 7.5 per cent in the second quarter of the current financial year FY26, supported by a pick-up in investment activities, an improvement in rural consumption and the impact of GST rationalization, according to a research report by the State
Foreign institutional investors (FIIs) have shown a clear preference for debt instruments over equities during the past one year, according to a recent report by the State Bank of India (SBI).