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2 mins read
SBI economists see Q2 GDP growth slowing down to 6.5%; FY25 growth to be closer to 7%
Economists at SBI predict a dip in India's GDP growth to 6.5% for the September quarter, citing pre…
2 mins read
Indian banks to have steady growth in earning over next 3-4 years, fees from unsecured lending may dip, notes Jefferies report
Jefferies reports Indian banks are poised for steady earnings and return growth over the next 3-4 y…
2 mins read
RBI unlikely to cut interest rate in 2024: SBI chief Setty
"On the rate front, a lot of central banks are taking independent calls. While Fed rate cut wou…
PTI
3 mins read
RBI unlikely to cut interest rate in 2024, food inflation to be deciding factor, says SBI chief Setty
The US Federal Reserve's first cut in interest rates in more than four years happened today, tr…
2 mins read
Sensex soars to 84,928, Nifty settles at 25,939 as stock market closes at all-time high
The stock market closed in the green, with benchmark indices hitting new all-time highs at the end …
ANI
2 mins read
Repo rate cut unlikely in ongoing MPC meeting, but RBI may change it during October policy review: Experts
The Reserve Bank of India (RBI) has started its three-day monetary policy committee (MPC) meeting i…
ANI
2 mins read
Retail inflation expected to breach 6% mark in October, says UBI Report
The continued spurt in food prices and fading of the high base effect likely led to a spike in Octo…
3 mins read
FDIs may shift to US under Trump 2.0 but it is unlikely to severely impact FDIs inflow to India, says SBI Report
It added that if similar policies are reintroduced in Trump 2.0 also, it could create challenges fo…
2 mins read
Amid Global uncertainties stock market will appreciate companies with good fundamentals: SBI report
Amid the heightened volatility in the Indian stock markets, a report by SBI funds highlighted that …
ANI
2 mins read
SBI Research anticipates Q1 GDP growth at 7.1%, in line with RBI forecast
Indian economy is expected to grow at 7.0-7.1% in the April-June period, the first quarter of 2024-…
ANI
3 mins read
With food inflation looming large, ‘shallow rate’ cuts expected only in Q3 FY25
The ongoing heatwave conditions, and projections of a harsher summer, are likely to impact India’s …
3 mins read
CPI inflation drops to lowest in five years but road ahead could be bumpy: SBI Report
India's CPI inflation dropped to 3.54% in July 2024, the lowest in nearly five years, due to a sign…
ANI
4 mins read
Explained: Is this the right time to invest in long duration debt funds?
With the Nifty surpassing 22,000 and the Sensex above 73,000, the bulls are making merry on Dalal S…
2 mins read
Expect RBI to again pause repo rate in February policy meeting: SBI Research
The Monetary Policy Committee of the Reserve Bank of India (RBI) in its February review meeting is …
ANI
2 mins read
RBI expected to hold rates for the 5th time in a row, no cuts likely before Q2FY25
The Reserve Bank of India’s Monetary Policy Committee paused its rate hike cycle from February this…
2 mins read
Indian stocks extend gains, marginally up at Wednesday opening bell
Indian stock indices extended their gains from the previous to marginally rise at the opening bell …
ANI
3 mins read
With inflation cooling, RBI may slash interest rates by 50 bps this financial year
In a webinar titled ‘Indian Economy FY24 — A Prognosis’, economists at Bank of Baroda said that the…
3 mins read
RBI’s MPC could pause rate hikes in April to gauge the impact of hikes so far: SBI Research
The Reserve Bank of India’s Monetary Policy Committee (MPC) could decide to pause rate hikes when i…
5 mins read
SBI’s core business stays strong despite one-time hit on account of higher wage costs in Q3
India’s largest bank SBI saw its third quarter profits slip by 35.5% as it took a ₹7,100 exceptiona…
5 mins read
Inflation expected to cool down but economists expect another rate hike after January shocker
Economists expect inflation to cool down and drop to 5% by April this year, comfortably below the u…