India’s ‘K’ shaped recovery thesis flawed, prejudiced: SBI
Oft repeated conundrum debating K–shaped recovery is fanning interests of select quarters to whom country’s remarkable ascendance is unpalatable
Oft repeated conundrum debating K–shaped recovery is fanning interests of select quarters to whom country’s remarkable ascendance is unpalatable
Policy meeting expected to see RBI continuing with "withdrawal of accommodation" stance as inflation is unlikely to tread below 5% in the rest of FY24
For Q1 FY2023-24, economists are pegging India’s GDP to surpass 8%, pushing India’s GDP growth beyond 6.5%
As many as 361 instances of natural disasters have taken place between 2001 and 2022 in the country. Of this, 41% of disasters have occurred in the form of floods.
During the PM's U.S. visit, the U.S. chip manufacturers announced a foreign direct investment worth $825 million in India
In FY23, the country's GDP growth rate stood at 7.2%, which is higher than the Centre's second advance estimates of 7% and SBI’s forecast of 7.1%.
For Q4 FY23, SBI projects the country's GDP will grow at 5.5%.
Impact on deposits will be limited; almost the entire amount of ₹3.6 lakh will come back to the banking system, says a report
Because of the Russia-Ukraine war, food and beverages, fuel, light and transport alone contributed around a 52% increase in overall inflation since February, says an SBI Research report.
The country is expected to meet its fiscal deficit target in the ongoing financial year, says SBI Research