New Delhi, May 31 (SocialNews.XYZ) 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 projected GDP growth at 6.6 per cent for FY27. However, with the continued geopolitical uncertainties, the numbers will be revised as more data comes in, the report mentioned.

New Delhi, Jan 7 (SocialNews.XYZ) While the 7.4 per cent GDP growth rate projected for FY 26 in the first advance estimates of the Ministry of Statistics "is quite expected and reasonable", the actual figure is eventually likely to be higher at around 7.5 per cent, an SBI Ecowrap report released on Wednesday stated. "We believe that GDP growth for FY26 would be around 7.5 per cent with an upward bias.

New Delhi, Jan 5 (SocialNews.XYZ) Crude oil prices are projected to soften significantly to touch around $50 per barrel (bbl) by June 2026, positively affecting the CPI inflation, keeping it decisively below 3.4 per cent in the next fiscal (FY27), an SBI Research report said on Monday. Benign energy prices will impact the GDP outlook favourably, and the expected impact on annual GDP growth is around 10-15 bps, according to the report authored by Dr Soumya Kanti Ghosh, Group Chief Economic Advisor, State Bank of India (SBI).

New Delhi, May 31 (SocialNews.XYZ) The Indian economy is poised to remain the fastest-growing major economy in FY26 by leveraging its sound macroeconomic fundamentals, robust financial sector and commitment towards sustainable growth, according to a State Bank of India (SBI) report. With higher anticipated saving based on latest RBI annual report, the domestic finances will be sufficient to finance the anticipated growth and “we do not expect demand induced pressure on prices in FY26,” said Dr Soumya Kanti Ghosh, Group Chief Economic Adviser, SBI.