“Business, as I have seen it, places one great demand on you: it needs you to self-impose a framework of ethics, values, fairness and objectivity on yourself at all times.” - SBLGroup, 2000
Core values:
Sri BagyalaxmiGroup has always been a values-driven organisation. These values continue to direct the growth and business of SBL companies.
The five core SBL values underpinning the way we do business are:
Integrity
We will be fair, honest, transparent and ethical in our conduct; everything we do must stand the test of public scrutiny.
Responsibility
We will integrate environmental and social principles in our businesses, ensuring that what comes from the people goes back to the people many times over.
Excellence
We will be passionate about achieving the highest standards of quality, always promoting meritocracy.
Pioneering
We will be bold and agile, courageously taking on challenges, using deep customer insight to develop innovative solutions.
Unity
We will invest in our people and partners, enable continuous learning, and build caring and collaborative relationships based on trust and mutual respect.
News & Updates
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Focus on the global economy
The global economy is currently facing a complex landscape with mixed prospects for growth and stability. While some regions, like India, are projected to maintain strong growth, others are facing challenges due to trade tensions and policy shifts. Global inflation is expected to continue to decline, but persistent disparities and risks to the outlook remain.
Key Trends and Challenges:
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Resilient Growth:
Despite global uncertainties, the world economy is expected to continue growing, albeit at a slower pace than pre-pandemic levels.
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Regional Variations:
India is projected to be a major engine of global growth, while China's growth is expected to decelerate. Emerging market and developing economies are facing modest growth slowdowns.
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Trade Tensions and Policy Uncertainty:
Escalating trade tensions and policy-induced uncertainty are posing downside risks to global growth.
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Inflationary Concerns:
Global headline inflation is expected to decline, but core inflation is projected to decline more gradually.
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Geoeconomic Fragmentation and Climate Change:
These factors are contributing to instability and increasing the risks to the global economic outlook.
Specific Forecasts:
- The World Bank's Global Economic Prospects (GEP) report projects India's growth to be 6.7% in both FY26 and FY27.
- The International Monetary Fund's World Economic Outlook projects global growth to be 3.2% in 2024 and 2025.
- UN Trade and Development (UNCTAD) anticipates global growth to slow to 2.3% in 2025.
Implications:
- The global economic outlook remains uncertain, with both upside and downside risks.
- Policy coordination and international cooperation are crucial to mitigate risks and promote sustainable growth.
- Addressing climate change, tackling inequalities, and removing institutional obstacles to development are important long-term priorities.
Overall, the global economy is navigating a complex terrain with pockets of strength and areas of vulnerability. While some regions are showing resilience, ongoing challenges related to trade, policy uncertainty, and global disparities require careful attention and proactive measures.
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