Tag: sbi
MGNREGS work demand drops 28% in December after law change
New Delhi: Demand for work under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) dropped in December from a year before, when the government…
States to gain Rs 17,000 crore under VB-G RAM G scheme: SBI report
New Delhi: States will be net gainers under the new rural employment law, a State Bank of India research report has said, estimating the gains…
WorkIndia raises Rs 97 crore in round led by Aavishkaar Capital
WorkIndia, a recruitment platform for blue- and grey-collar workers, has raised Rs 97 crore in its latest funding round led by Aavishkaar Capital. Beenext Capital…
Weak Indian rupee is good for export, but not as good as it seems
The RBI’s firm intervention shored up the rupee yesterday when it rebounded to close 65 paisa stronger at 90.38 a dollar reversing a five-day streak…
To worry or not? Rupee at 90 debate deepens as PM’s Economic Advisory Council member plays it down
Economic Advisory Council to the Prime Minister member Sanjeev Sanyal on Thursday said he is “not concerned about the rupee at all,” arguing that exchange…
Spacetech startup Digantara raises $50 million to boost space surveillance push
Spacetech firm Digantara Industries said on Tuesday it had raised $50 million in a funding round to develop indigenous space surveillance capabilities and strengthen its…
GST reforms may reduce retail inflation by 35 basis points in 2025-26: SBI report
The decline in Consumer Price Index (CPI) or retail inflation due to massive GST rate rationalisation has been around 25 bps so far in the…
RBI did its part, now time for markets to show maturity: SBI report
New Delhi: The Reserve Bank of India (RBI) has done its best to ensure monetary policy continues to support India’s economic growth and it is…
RBI cuts policy rate by 25 bps
Mumbai: A ‘Goldilocks’ economy of record low inflation and multi-quarter strong economic growth overshadowed a sharply depreciating currency for the Reserve Bank of India’s (RBI)…
RBI Governor Malhotra expects deposit rates to moderate along with lending rates
Reserve Bank of India (RBI) governor Sanjay Malhotra said he expects deposit rates to also moderate in line with bank lending rates. Replying to a…