New Labour Codes Likely To Boost Consumption By Rs 75,000 Cr: SBI
The report says that with a saving rate of approximately 30 per cent, the implementation will result in a consumption boost around Rs 66 per person per day
The report says that with a saving rate of approximately 30 per cent, the implementation will result in a consumption boost around Rs 66 per person per day
The report notes that even a rate cut in December looks a little difficult if growth numbers for the first and second quarter (estimates) are taken into consideration
The economic research department of the State Bank of India (SBI) has forecasted India’s gross domestic product (GDP) growth at 6.8 per cent in Q3 FY24 amid global economic complexity. The report added that it could hit 7 per cent on the back of likely downward revisions in Q3 FY23 estimates. The report stated that […]
Paytm is likely to partner with Axis Bank, HDFC Bank, State Bank of India and Yes Bank for processing transactions via the popular unified payments interface (UPI), news agency Reuters reported. The central bank has asked Paytm Payments Bank, the banking unit of Paytm to wind down its business by 15 March, leading to disruption […]