Tag: icici bank
India’s core sector output grows 5% in June under new base year series, hits 5-month high
India’s combined Index of Core Industries (ICI) grew 5% year-on-year in June 2026, compared with 3.2% in May, according to provisional data released by the…
States’ fiscal deficit likely to moderate to 3.4% of GSDP in FY27 as tax collections improve: ICICI Bank
New Delhi: States’ fiscal deficit is expected to moderate to 3.4 per cent of Gross State Domestic Product (GSDP) in FY27, supported by stronger tax…
India inflation risks mount on renewed US-Iran tensions, El Nino
India’s stronger-than-expected inflation reading for June has left policymakers facing a more uncertain outlook, with renewed tensions around the Strait of Hormuz threatening to push…
RBI pushes banks to bring more dollars home
MUMBAI: Reserve Bank of India (RBI) deputy governor Rohit Jain on Friday urged bank CEOs to step up efforts to mobilise overseas funds through FCNR(B)…
India’s current account deficit to stand at 1.8% of GDP for FY27: Report
New Delhi: India is expected to see a current account deficit of 1.8 per cent of GDP in FY27 as against around 2 per cent…
Rising oil prices, gold imports to widen trade deficit, CAD may touch 1.5-2% of GDP: ICICI Securities
New Delhi [India], May 16 (ANI): With the West Asia conflict persisting and global oil prices likely to average around USD 100/bbl, India’s current account…
RBI likely to go for a prolonged policy rate pause: ICICI Bank report
The odds of a monetary policy rate hike are quite low given benign core inflation, according to ICICI Bank Global Markets. As a result, it…
RBI dividend may rise to Rs 3L-cr in FY27
Mumbai: Most economists expect the Reserve Bank of India to budget another strong surplus transfer to the government in fiscal 2027, supported by gains from…
Budget 2026: Buoyant revenues offer room to sustain govt capex, push fiscal consolidation, says ICICI Bank report
New Delhi: Buoyant revenue streams give the government room to keep capital expenditure spending steady, at about 3.1 per cent of GDP, while continuing on…
New labour codes weigh on BFSI sector’s earnings
Mumbai: India’s revamped labour codes, which have dented the third-quarter bottom lines of the $280-billion, globally tracked outsourcing industry, have also left their imprint on…