by OverviewFX | Dec 2, 2024 | Industry
New Delhi, Foreign Direct Investment (FDI) inflows into India surged by a robust 45 per cent to $29.79 billion in April-September during the current financial year compared to $20.5 billion in the same period during 2023-24, according to figures compiled by the...
by OverviewFX | Dec 2, 2024 | Industry
Mumbai, RBI’s regulatory initiatives and asset quality trends will push non-bank lenders to slow down their growth in asset under management (AUM) to 15-17 per cent in the current fiscal and next, domestic rating agency Crisil said on Monday. The sector had...
by OverviewFX | Dec 2, 2024 | Industry
Foreign policies and global trade dynamics have significant implications for India’s economy. Strategic shifts, like diversifying supply chains, free trade agreements (FTAs), and geopolitical developments, are creating opportunities across industries such as...
by OverviewFX | Dec 2, 2024 | Industry
About 70-75 per cent of GST revenues collected in 2023-24 fiscal year came from the 18 per cent slab, while just 5-6 per cent came from the 12 per cent bracket, Parliament was informed on Monday. Only 6-8 per cent of the FY24 goods and services tax (GST) revenues were...
by OverviewFX | Dec 2, 2024 | Industry
The rupee remains one of the best-performing Asian currencies despite geopolitical tensions in the Middle East and other headwinds, indicating India’s sound economic fundamentals, Minister of State for Finance Pankaj Chaudhary said on Monday. The value of the...
by OverviewFX | Dec 2, 2024 | Industry
NEW DELHI – India is set to update the base year for calculating gross domestic product (GDP) to fiscal 2023 from fiscal 2012, Minister for Statistics Rao Inderjit Singh told Parliament on Monday.An advisory committee on national accounts statistics has been...
