New Delhi, April 29 (IANS) If the US-Iran conflict remains unresolved for a long duration, it can make the task of central banks arduous in their endeavour to rein in inflation expectations while minimising growth sacrifice, a new SBI Research report said on Wednesday.In uncertain times, a good central bank should be cautious about false precision, forceful against high-cost tail risks, systematic enough to preserve credibility, flexible enough to adapt, and transparent enough that uncertainty a…
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New Delhi, Jan 19 (IANS) India is set to touch $4,000 per capita income in another four years in 2030 to transition to an upper middle income country and join China and Indonesia at current classification, an SBI Research report said on Monday.India took 60 years since independence to reach $1 trillion and achieved achieved $2 trillion in another seven years in 2014.The country achieved $3 trillion in another seven years in 2021 and $4 trillion in another four years in 2025.“India is likely to…