by OverviewFX | Apr 9, 2025 | Industry
The Reserve Bank of India (RBI) has revised its Gross Domestic Product (GDP) growth forecast for Fiscal Year 2026 (FY26) downward to 6.5%, from the earlier estimate of 6.7%. The revision reflects ongoing global trade uncertainties, including the impact of tariff...
by OverviewFX | Apr 9, 2025 | Industry
RBI vouches for securitisation of stressed assets through market-based mechanismThe Reserve Bank of India vouches for a prudentially structured securitisation transaction to be the enabler for resolution of stressed assets. With this intent, Governor Sanjay Malhotra...
by OverviewFX | Apr 9, 2025 | Industry
WPI inflation likely eased to 2.1% in March on lower food, fuel prices: Union Bank ReportNew Delhi: Wholesale Price Index (WPI) inflation is expected to ease to 2.1 per cent year-on-year in March 2025, down from 2.4 per cent in February, mainly due to a seasonal...
by OverviewFX | Apr 9, 2025 | Industry
The Mumbai Metropolitan Region Development Authority (MMRDA) on Tuesday signed five MoUs worth ₹4.07 lakh crore. CM Devendra Fadnavis, who attended the India Global Forum event where the MoUs were signed, said that because of the MoUs, MMRDA will not face any funding...
by OverviewFX | Apr 9, 2025 | Industry
Mumbai, India’s data centre industry is poised for robust growth, with capacity projected to surge 77 per cent by 2027, reaching a staggering 1.8 GW, a report showed on Wednesday.This remarkable expansion comes on the heels of the industry surpassing the 1 GW...
by OverviewFX | Apr 8, 2025 | Industry
Finance minister Nirmala Sitharaman will visit the UK and Austria from April 8 to 13 to attend ministerial-level bilateral meetings in both the countries, the finance ministry said on Monday. During the course of her visit, Sitharaman will participate in the 13th...