by OverviewFX | Dec 6, 2024 | Industry
New Delhi, India in 2019 decided not to join the mega free trade agreement RCEP as the pact was not addressing its concerns and since then there has been no change in that position, Commerce and Industry Minister Piyush Goyal said on Friday. The RCEP (Regional...
by OverviewFX | Dec 6, 2024 | Industry
Mumbai, The rupee settled on a flat note and appreciated by just 1 paisa to close at 84.70 (provisional) against US dollar on Friday, as the Reserve Bank of India left repo rate unchanged at 6.5 per cent in its monetary policy decision. The Reserve Bank of India on...
by OverviewFX | Dec 6, 2024 | Industry
A study by Paisabazaar reveals that India’s micro, small, and medium enterprises (MSMEs) are grappling with significant liquidity challenges. Out of 80 lakh business loan applications on Paisabazaar in the last 10 months, nearly 70% were driven by immediate financial...
by OverviewFX | Dec 6, 2024 | Industry
The Indian rupee strengthened on Friday, tracking a rise in most regional peers that were boosted by a softer U.S. dollar, while traders await the Reserve Bank of India’s (RBI) monetary policy decision.The rupee was up about 0.1% at 84.6550 as of 09:30 a.m. IST...
by OverviewFX | Dec 6, 2024 | Industry
Finance Minister Nirmala Sitharaman will start pre-Budget consultations with various stakeholders beginning Friday as part of Budget making exercise. The first meeting as part of this series will be held with eminent economists on December 6. Sitharaman, who will...
by OverviewFX | Dec 6, 2024 | Industry
*Investment bank revenue could jump 5.7% in 2025, Coalition says*Income could grow to $316 billion globally, estimates show*M&A rebound anticipated as U.S. economy charges onBy Sinead Cruise and Lawrence WhiteLONDON, – President-elect Donald Trump’s...