by OverviewFX | Oct 15, 2024 | Industry
Major ransomware attack impacted multiple cooperative regional rural banks in India in August 2024.MUMBAI: Cybersecurity provider Trend Micro Incorporated recently unveiled its Trend Micro 2024 Midyear Cybersecurity Threat Report outlining India’s heightened...
by OverviewFX | Oct 15, 2024 | Industry
India’s retail inflation accelerated to a 9-month high of 5.49 per cent on an annual basis in September, driven by a persistent rise in vegetable prices and a lower year-ago base. This is higher than the 5-year low of 3.65% registered in the previous month and...
by OverviewFX | Oct 14, 2024 | Industry
The world’s 26 poorest countries, home to 40% of the most poverty-stricken people, are more in debt than at any time since 2006 and increasingly vulnerable to natural disasters and other shocks, a new World Bank report showed on Sunday.The report finds that...
by OverviewFX | Oct 14, 2024 | Industry
After remaining in the negative zone for several months, imported inflation or cost of imports is slowly edging up since the beginning of the fiscal.Contribution of imported inflation in headline the consumer price index (CPI) inflation has increased by 0.5 percentage...
by OverviewFX | Oct 14, 2024 | Industry
Hyundai Motor India Limited (HMIL) is set to float India’s biggest initial public offering (IPO) on Tuesday aiming to garner Rs 27,856 crore. however, the grey market premium is said to be slipping.The IPO is priced in the range of Rs 1,865-1,960 per share,...
by OverviewFX | Oct 14, 2024 | Industry
The Indian BFSI sector witnessed a significant surge in deal activity in the third quarter of CY24, with 64 transactions valued at USD 3.2 billion. According to a report by Grant Thornton, the sector saw stable growth in mergers and acquisitions (M&A) and private...
