by OverviewFX | Aug 23, 2024 | Industry
New Delhi: Lenders to bankrupt airline Go First have appointed Burford Capital, a US-based litigation finance firm, to bankroll the arbitration case against engine maker Pratt & Whitney (P&W).People aware of the development said the creditors committee has...
by OverviewFX | Aug 23, 2024 | Industry
India’s economic momentum remains “intact” on the back of expansion in manufacturing and services sectors, the finance ministry said in its monthly economic report, while exuding hope of food inflation cooling down with monsoons replenishing water...
by OverviewFX | Aug 23, 2024 | Industry
The rupee is hovering near 84 to a dollar, and is down 0.9% so far this year, but on a REER basis, it’s up 3.6% in seven months to July.A gauge showing the Indian rupee’s value against its key trading partners rose to the highest in more than six years in July, even...
by OverviewFX | Aug 23, 2024 | Industry
Coming as a big move, the Securities and Exchange Board of India (SEBI) has imposed a five-year ban on industrialist Anil Ambani and 24 other parties from participating in the securities market. This includes former senior executives of Reliance Home Finance as well....
by OverviewFX | Aug 22, 2024 | Industry
NEW DELHI: Commerce and industry minister Piyush Goyal on Wednesday accused large e-commerce players, such as Amazon, of indulging in predatory pricing to grab a bigger share and violating FDI rules, while calling for a review of policies to ensure that small shops...
by OverviewFX | Aug 22, 2024 | Industry
Udaipur, The review meeting focused on business performance, upgrading digital technology services, fostering business growth in MSME clusters, and deepening of financial inclusion in rural areas. The finance minister urged RRBs to generate awareness of Government...