New Delhi, June 8 (IANS) India recorded 58.86 lakh cognisable crimes in 2024, down 6 per cent from the previous year with the all-India crime rate falling from 448.3 to 418.9 per lakh population, a report said on Monday.The report from SBI Research said crimes against women declined 1.5 per cent, from 4.48 lakh cases in 2023 to 4.41 lakh in 2024, but cybercrime rose 17 per cent, crossing 1 lakh cases from 86,420 in 2023. The report attributed the overall decline in conventional crime to stronger…
Latest SBI Research News & Updates
New Delhi, June 6 (IANS) April and May high‑frequency indicators showed above‑average acceleration in growth and, if the trend continues in June, FY27 growth could surpass the Reserve Bank of India’s estimate of 6.6 per cent, a report said on Saturday.The report from SBI Research said, “Despite external headwinds, the Indian economy is poised to remain the fastest‑growing major economy in FY27 by leveraging its sound macroeconomic fundamentals and robust financial sector.”Further, “defla…
New Delhi, June 5 (IANS) The reforms, rewards and resilience seen in the RBI MPC decisions can result in potential capital flows of $40 billion, which can pull back the rupee to 92-93 level against US dollar, an SBI Research report said on Friday, adding that it expects rate pause in RBI’s August policy.“We believe RBI will continue to look through inflation prints before taking a considerate call of a potential rate hike. We continue to believe that growth considerations could trump a more …
New Delhi, June 5 (IANS) The Reserve Bank of India is set to announce its monetary policy decision on Friday after the three-day Monetary Policy Committee meeting — chaired by Governor Sanjay Malhotra — with experts widely expecting the repo rate to remain unchanged amid geopolitical tensions and rising crude oil prices.The policy decision comes against the backdrop of escalating geopolitical tensions in West Asia, which have pushed up crude oil prices.Experts largely anticipate a status quo o…
New Delhi, June 4 (IANS) The information and communication technology (ICT) adoption is associated with a 76% increase in the labour productivity, highlighting the role of the digital technologies in improving enterprise performance, an SBI Research report said on Thursday.According to the report, that analysed the Annual Survey of Unincorporated Sector Enterprises (ASUSE 2025) by the National Sample Survey Office (NSSO), beyond such productivity gains, ICT adoption increases the likelihood of f…
New Delhi, June 3 (IANS) The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) begins its three-day policy meeting on Wednesday, with experts widely expecting the central bank to maintain status quo on interest rates amid volatile global conditions, driven by ongoing tensions in West Asia. The policy decision will be announced on Friday by Governor Sanjay Malhotra.The June review comes amid sustained geopolitical tensions and volatile global crude and gas prices, which have complic…
New Delhi, May 31 (IANS) The Reserve Bank of India (RBI) is likely to hold repo rate hike in its June monetary policy meeting and must use short-term rates and nudging to manage the pressure on the domestic currency, an SBI Research report said on Sunday.“Our call is along ‘hold the rates’ with a data-driven future dependency. However, an inflation targeting central bank can always use interest rate tools like operation twist that addresses market microstructure,” the report suggested.It…
New Delhi, May 16 (IANS) The recent retail fuel price increase of Rs 3 per litre will trim mounting losses at oil marketing companies and provide up to Rs 52,700 crore worth of relief in their under‑recoveries, a report said on Saturday.The report from SBI Research said that the relief is equal to roughly 15 per cent of the expected total loss of OMCs in FY27.Under‑recoveries on petrol and diesel have surged because retail prices were kept unchanged amid rising Brent crude, with the governme…
New Delhi, May 8 (IANS) Despite regional differences, informal employment remains the predominant form of employment across all states, an SBI Research report said on Friday, highlighting the need for greater workforce formalisation and expansion of social security coverage.Female workers are 4.8 per cent more likely to be informal workers compared to male workers whereas construction sector workers are 4.5 per cent more likely to be engaged in informal employment relative to agricultural sector…
New Delhi, May 6 (IANS) The Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 will help preserve industrial continuity, jobs and strengthen liquidity access for businesses, particularly micro, small and medium enterprises (MSMEs), industry chambers said on Wednesday.Rajeev Juneja, President, PHDCCI, welcomed the scheme as a timely initiative to address pressures from the ongoing West Asia crisis.”ECLGS is designed to address temporary liquidity shortages faced by industries during periods of ec…