by OverviewFX | Sep 17, 2024 | Industry
For the BFSI companies 10% of their operations cost is dedicated to digital as nobody wants to stay away from the digital. But building digital rails and investing is only part, how to derive value out of it is the biggest question? How will CXOs convince the...
by OverviewFX | Sep 17, 2024 | Industry
The Directorate General of GST Intelligence (DGGI) uncovered an unprecedented Rs 81,875 crore in Goods and Services Tax (GST) evasion by the online gaming industry in FY24. This marks the highest evasion detected in a single sector, part of the record-breaking Rs 2.01...
by OverviewFX | Sep 16, 2024 | Industry
The Indian rupee ended unchanged on Monday while dollar-rupee forward premiums rose on heightened chances of an outsized 50-basis-point rate cut by the U.S. Federal Reserve this week.The rupee ended at 83.8875 against the U.S. dollar, the same as its closing level on...
by OverviewFX | Sep 16, 2024 | Industry
India is facing a growing wave of financial fraud, according to a recent data by Reserve Bank of India (RBI). Even with various safeguards in place, scammers continue to trick individuals into revealing personal information, leading to substantial financial losses....
by OverviewFX | Sep 16, 2024 | Industry
New Delhi, Ninety% of Indian financial institutions are focusing on artificial intelligence (AI) and GenAI (Generative Artificial Intelligence) as the primary technology enablers of innovation, according to a PwC India report. As per the PwC India report titled,...
by OverviewFX | Sep 16, 2024 | Industry
NEW DELHI: The Group of Ministers on reworking the nomenclature for GST compensation cess is likely to be convened by Union Minister of State for Finance Pankaj Chaudhary and include members from states, an official has said. The official further said the Terms of...
