by OverviewFX | Apr 4, 2025 | Industry
India’s economic growth faces potential downside risks following the announcement of new reciprocal tariffs by the US. According to an analyst note by Morgan Stanley Research, these tariffs could lower India’s GDP growth for FY26 by 30-60 basis points (bps) from its...
by OverviewFX | Apr 4, 2025 | Industry
India’s service sector ended the 2024–25 fiscal year on a solid note, with HSBC India’s Services PMI recording 58.5 in March. Though marginally lower than February’s 59.0, the index remained well above the neutral 50.0 mark and the long-run average of 54.2, signaling...
by OverviewFX | Apr 4, 2025 | Industry
Mumbai, State Bank of India does not see any impact of its increasing adoption of artificial intelligence tools on the jobs front, a senior official said on Thursday. Nitin Chugh, a deputy managing director at the country’s largest lender, said the reduction in...
by OverviewFX | Apr 3, 2025 | Industry
*Central banks bought over 1,000 tons of gold annually since 2022*Trump’s policies pushing them to diversify away from dollar*Gold purchases may not be fully disclosed due to tariff threatsBy Polina DevittLONDON, – Central banks are expected to help keep...
by OverviewFX | Apr 3, 2025 | Industry
New Delhi, The reciprocal tariff announced by the Trump administration can shave off India’s GDP growth rate by up to 50 basis points to 6 per cent and the country’s exports to the US could fall by 2-3 percentage points in the current fiscal, experts said...
by OverviewFX | Apr 3, 2025 | Industry
New Delhi, India’s economy is set to grow at 6.7 per cent in FY26, driven by a cyclical recovery and steady market performance, a new report said on Thursday.Cyclical recovery refers to the phase in an economic cycle that follows a recession or slowdown, during...
