[ad_1] India is currently ranked third, a movement of seven places upwards of what it was in 2014. New Delhi: India is likely to get the 3rd largest economy tag in 2027 (2027-28) if it maintains the current rate of growth, and in the process, will surpass both Japan and Germany, said SBI Research in … Read more
[ad_1] The report highlighted the impact of the withdrawal on deposits The State Bank of India (SBI) has released a report explaining how the recent withdrawal of Rs 2,000 notes could boost bank deposits, repayment of loans, and even the GDP of the country. The report said the withdrawal was a precision strike and suggested … Read more
[ad_1] NEW DELHI: The moderation in the country’s retail inflation in April has validated the Reserve Bank of India’s (RBI) decision to pause the repo rate in its first 2023 monetary policy meeting, according to SBI Research.Retail inflation in India eased sharply in April to 4.7 per cent or an 18-month low, as against 5.7 … Read more