by OverviewFX | Oct 18, 2024 | Industry
-Samriddhi SIngh Mahar & Suhani PrakashThe Composite PMI dropped from 60.7 in August to 58.3, with the manufacturing PMI dropping to an eight month low, indicating fierce competition and deceleration in output.Unemployment dropped to 7.8%, however, the decline in...
by OverviewFX | Oct 18, 2024 | Industry
Washington, India’s growth rate is among the shiniest parts in the world economy, World Bank president Ajay Banga said on Thursday, noting that a lot of this is driven by the domestic market. “There is no doubt that India’s growth rate is among the...
by OverviewFX | Oct 18, 2024 | Industry
-Suhani Prakash1991 saw the introduction of some major economic reforms in India. The country adopted Liberalization, Privatisation and Globalization due to which the Foreign Direct Investments in India witnessed a drastic rise. However, the post-pandemic period saw a...
by OverviewFX | Oct 18, 2024 | Industry
Amaravati, The World Bank along with the Asian Development Bank in principle has committed to fund USD 1600 million (Rs 13,600 crore) for Amaravati capital city phase-I development and will start releasing the amount from January next year, a senior official of the...
by OverviewFX | Oct 18, 2024 | Industry
Union finance minister Nirmala Sitharaman began her official visit to Mexico and the USA on Thursday. She arrived at Guadalajara Airport, also known as Miguel Hidalgo y Costilla International Airport (GDL), where she was welcomed by India’s ambassador to Mexico,...
by OverviewFX | Oct 18, 2024 | Industry
At the UN climate conference in Baku, countries must agree on a new goal for international climate finance that truly meets the needs of developing nations, with public finance at its core, UN Climate Change Executive Secretary Simon Stiell said on Thursday. He said...