by OverviewFX | Dec 21, 2024 | Industry
~Samriddhi Singh MaharThe economy saw a slight ease in inflation with CPI being 5.48% along with India’s unemployment rate dropping to 8% in November 2024 from 8.7% in October. There was a year on year increase of 9.59 % in exports as well.However, not all of...
by OverviewFX | Dec 21, 2024 | Industry
International Finance Corporation (IFC) has invested $75 million, or about Rs 630 crore, in sustainability linked bonds (SLB) issued by NDR InvIT, an infrastructure investment trust (InvIT) sponsored by NDR Warehousing Pvt Ltd.The SLB, in domestic currency, is the...
by OverviewFX | Dec 21, 2024 | Industry
The central government and the Asian Development Bank (ADB) signed a USD 350 million policy-based loan under the second subprogram of Strengthening Multimodal and Integrated Logistics Ecosystem (SMILE) program.The Ministry of Commerce & Industry in an official...
by OverviewFX | Dec 21, 2024 | Industry
Mumbai, Indian benchmark indices declined 5 per cent this week amid global selloff, mainly triggered by the US Federal Reserve’s caution approach for rate cuts next year, which resulted in relentless selling by the foreign institutional investors (FIIs).With...
by OverviewFX | Dec 20, 2024 | Industry
New Delhi [India], December 20 (ANI): With nearly 90 per cent of FDI inflows facilitated through the automatic route, India has made significant strides in creating an environment conducive to investment and economic growth.According to the Ministry of Commerce and...
by OverviewFX | Dec 20, 2024 | Industry
The number of distributed denial-of-service (DDoS) attacks on Indian infrastructure has increased by 50% since the beginning of 2024, finds a study by Positive Technologies.The study found that the attackers are primarily interested in databases and access to the...