by OverviewFX | Mar 20, 2025 | Industry
The sixth round of the survey on India’s remittances for 2023-24 highlighted a shift in the dynamics of India’s diaspora, with advanced economies emerging as dominant source countries over the Gulf Cooperation Council (GCC) nations, according to the RBI...
by OverviewFX | Mar 20, 2025 | Industry
About 96% of senior executives in India’s financial and professional services sectors anticipate a rise in financial crime risks in 2025, significantly higher than the global average of 71%, reveals Kroll’s 2025 Financial Crime Report. Cybersecurity threats and...
by OverviewFX | Mar 19, 2025 | Industry
Allianz SE is stepping up efforts to forge an alliance with Mukesh Ambani-led Jio Financial Services (JFSL) for a second stab at the domestic life and general insurance market, said people in the know. This follows Monday’s announcement that it was ending its 24-year...
by OverviewFX | Mar 19, 2025 | Industry
New Delhi, The surplus in services trade and robust flow of remittances in India provide a cushion and should keep the current account in the safe zone, a new Crisil report has said.”We project current account deficit at 1 per cent of the gross domestic product...
by OverviewFX | Mar 19, 2025 | Industry
New Delhi [India] March 19 (ANI): Fitch Ratings has revised India’s growth rate for FY25-26 to 6.5 per cent and to 6.3 per cent for FY26-27 in its March Edition of the Global Economic Outlook because of the US-imposed global trade war. However, the report adds...
by OverviewFX | Mar 19, 2025 | Industry
New Delhi [India], March 19 (ANI): Despite improvements in the current account deficit, muted net foreign direct investment (FDI) and continued outflow of foreign portfolio investment (FPI) suggest that the overall balance of payments (BoP) will continue to face...
