Tag: SBI

AI may boost global trade by nearly 40 per cent in 15 yrs: Report

Business
WTO director-general Ngozi Okonjo-Iweala NEW DELHI: Artificial Intelligence (AI) could lead to significant increases in trade and GDP by 2040, with global trade projected to rise by 34-37% across different scenarios, a report released...

Trump ally Stephen Miran casts lone dissent at the Fed – Trump’s Fed Gambit: Miran’s Lone Dissent

Stocks
Despite being outvoted, Miran’s dissent grabbed headlines. His rate-path projection, which implied another 125 basis points of cuts by year-end, was the most aggressive forecast among Fed officials, catching the attention of analysts and investors. Source...

RBI keeps repo rate unchanged at 5.5%

Economy
MUMBAI: The Reserve Bank of India (RBI) held policy rates steady at 5.5% with a unanimous vote from all six members of the...

CDSL shares under pressure, slide 3% ahead of NSDL IPO launch on July 30

Stocks
Shares of Central Depository Services (India) Ltd (CDSL) fell by nearly 3% on Thursday to hit an intraday low of Rs 1,630.40 apiece...

Kerala registers highest retail inflation at 6.7% in June; Telangana lowest at -0.9%

Economy
Kerala recorded the highest retail inflation rate in the country at 6.7% in June, according to the latest data released on state-wise Consumer...

PC Jeweller board approves plans to raise Rs 500 cr equity from Capital Ventures, promoter

Stocks
PC Jeweller Ltd's board has approved a plan to raise Rs 500 crore equity from promoters and Capital Ventures Pvt Ltd to prepay...

CLSA rates SBI ‘Outperform’ with Rs 1,050 target, citing value unlocking potential from unpriced NSE and Yes Bank stakes

Stocks
Global brokerage firm CLSA has maintained its ‘Outperform’ rating on State Bank of India (SBI), assigning a target price of Rs 1,050, citing...

State Bank of India gives Rs 8,076.84 cr dividend to govt for FY25

Economy
State Bank of India (SBI), the country's largest lender, has paid a dividend of ₹8,076.84 crore to the government for the financial year...

Market Wrap: Financials, IT stocks drag D-Street lower; Sensex sheds 200 pts, Nifty below 25,100

Stocks
Indian benchmark indices ended lower on Friday, weighed down by a pull-back in heavy-weight financial and information technology stocks following a rally earlier...

Kotak Mahindra net profit dips 14%

Business
MUMBAI: Kotak Mahindra Bankreported a 14% year-on-year decline in standalone net profit to Rs 3,552 crore for the quarter ended March...

SBI says India shouldn’t lose sleep over looming US reciprocal tariffs thanks to new routes

Economy
India’s exports to the United States may decline by 3-3.5% if Washington proceeds with reciprocal tariffs, but the impact is expected to be...

Another rate cut expected by April if inflation remains favourable: SBI

Economy
New Delhi: The Reserve Bank of India's commitment to long-term price stability and sustained economic growth remains unwavering, with analysts anticipating another rate...

RBI MPC meeting at a glance: Your one-stop guide for all key decisions

Economy
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) meeting is being closely watched this week, with many expecting a repo rate...

Stocks to buy on Budget Day 2025: SBI, UPL among top 9 stocks to buy on 1st February 2025

Stocks
The Nifty future closed positively with gains of 0.96%, ending at 23,642 levels on Friday. India VIX fell more than 6% to close...
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