Sbi Research

Higher oil prices, GST collections may boost states revenue by Rs 37,400 cr this fiscal: SBI report

States are likely to gain an additional Rs 37,426 crore in revenue in the current fiscal on the back of surge in oil prices and better tax collection due to the GST, says a SBI research report

Cash crunch: Despite govt-RBI claims, SBI Research pegs currency shortage at Rs 70,000 cr

Even as government and Reserve Bank of India (RBI) have asserted that there is no currency shortage, SBI Research on Wednesday pegged the cash shortfall in the system at a whopping Rs 70,000 crore, which is a third of the monthly withdrawals at ATMs

India's GDP growth to slip below 7% this fiscal as effects of GST, demonetisation linger on: Experts

Former Planning Commission Deputy Chairman Montek Singh Ahluwalia said GDP growth would be around 6.2 percent to 6.3 percent for current fiscal.

India's unemployment rate sees sharp decline: SBI research report

The report further noted that the decline was also explained by household demanded/allocated work under MGNREGA, which increased from 83 lakh households in October 2016 to 167 lakh households in February 2017.

Govt to set FY18 fiscal deficit target at 3.3-3.4%: Reports

Goldman Sachs report said the lower reduction in fiscal deficit is to stimulate demand in a weak economic environment post demonetisation announced in early November

Demonetisation: Nothing mysterious behind September quarter deposit surge, says SBI Research

The SBI wing attributed Rs 1.56 trillion to "a seasonal increase" given that people save for festivities and weddings which come later, Rs 45,000 crore to award of arrears as per the seventh pay panel recommendation to central government employees and the residual increase of Rs 85,518 crore due to the IDS scheme.