by OverviewFX | Nov 29, 2024 | Industry
Adani Group has sufficient liquidity and operational cash flows to meet its debt obligations and committed capital expenditures, rating agency CRISIL Ratings on Friday. It also noted that lenders and investors have not taken any adverse actions following the US...
by OverviewFX | Nov 29, 2024 | Industry
By Rajendra Jadhav and Rahul Paswan- Physical gold premiums were steady in India, as a rise in demand from this week’s price correction was later countered by higher rates, while demand in other major Asian hubs and top consumer China remained subdued.Bullion...
by OverviewFX | Nov 29, 2024 | Industry
The Indian central bank was likely selling U.S. dollars to help the rupee hold above a key psychological support level for the currency at 84.50, three traders told Reuters.The rupee was marginally weaker at 84.4625 as of 9:20 a.m. IST, compared to its close at...
by OverviewFX | Nov 28, 2024 | Industry
Concrete steps have been taken to regulate the fintech industry in India as per the Financial Action Task Force’s recommendations to tackle money laundering and terror financing, a central government official said on Wednesday. India is among the few countries...
by OverviewFX | Nov 28, 2024 | Industry
The Cabinet Committee on Economic Affairs (CCEA), led by Prime Minister Narendra Modi, has approved the PAN 2.0 project, a major initiative to overhaul the Income Tax Department’s operations. The project aims to modernise India’s taxpayer registration system and...
by OverviewFX | Nov 28, 2024 | Industry
New Delhi: ASSOCHAM in collaboration with Egrow Foundation conducted an in-depth study on “MSMEs Facing Challenges in Doing Business”. The study marked the culmination of a series of detailed interviews with members of various state units of ASSOCHAM. These...
