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IT Sector Slump To Impact Consumer Demand

'A cutback in hiring and compensation growth by IT companies will have a significant impact on consumer demand, especially in the urban sector of the economy.' Illustration: Dominic......

Savings declined but resulted in rise in assets: SBI chief economist

The net financial savings of the household sector has moderated to 5.1% of GDP in FY23 from 7.6 per cent in FY20, as households shifted their savings to physical assets amid low interest rates......

SBI beats Reliance to become India's most profitable company

The changes in the domestic and global economy following the outbreak of the Covid-19 pandemic are altering the corporate profit league table in India. Photograph: Shailesh Andrade/Reuters......

Current savings, investment rates can't propel GDP to 8%: Report

Clawing the economy back to an 8 per cent growth path will require bringing savings and investment rates closer to 35 per cent on a sustained basis, which were 30.2 and 29.6 per cent, respectively,......

SBI Research junks Raghuram Rajan's comments on India's growth

The argument that India is going towards a 'Hindu rate of growth' is "ill-conceived, biased and pre-mature" when weighed against the respective data on savings and investments, said SBI Research in......

Top Coverage News

World Test Championship 2023

India held the top position in the ICC Men's Test Team Rankings while Australia secured the...

Manipur's Tragedy

Here are news, updates and coverage from violence hit Manipur.

IPL 2023

Complete coverage of IPL 2023

Sri Lanka's Tour of India 2023

Complete Coverage of Indian cricket team's encounter with Sri Lanka during 3rd Jan - 15th Jan 2023.


The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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