by OverviewFX | Mar 1, 2025 | Industry
Mumbai: The Bombay High Court on Friday raised concerns over the “cut, copy, paste manner” in which banks pass orders declaring accounts as ‘defaulter’ or ‘fraud’, and asked industrialist Anil Ambani to approach the RBI against an...
by OverviewFX | Mar 1, 2025 | Industry
Retail credit growth decelerated to 11.8% in January 2025—the slowest pace since March 2021—compared with 28.6% in January 2024. This decline was driven by weakening demand for unsecured loans, particularly credit cards and other personal loans. Growth in credit card...
by OverviewFX | Mar 1, 2025 | Industry
India’s real GDP growth for FY2024-25 has been revised upward to 6.5% year-on-year (yoy) from the earlier estimate of 6.4%, with third-quarter growth accelerating to 6.2% yoy from 5.6% in the previous quarter, according to the latest official estimates. Growth is...
by OverviewFX | Feb 28, 2025 | Industry
India’s economy in the third quarter (Q3) of FY 2024-25 is projected to expand with a real GDP growth rate of 6.2 per cent, according to the latest data from the Ministry of Statistics and Programme Implementation (MoSPI). This is an increase from the GDP growth...
by OverviewFX | Feb 28, 2025 | Industry
Representative image.By Siddhi NawarAs India faces geopolitical turmoil and a rupee crisis, its greatest strength—recognized even by global competitors—remains its vast pool of skilled talent. In recent years, the country has solidified its position as a leading hub...
by OverviewFX | Feb 28, 2025 | Industry
– India’s stock benchmarks are set for a muted start on Friday as investors await key GDP data and digest U.S. President Donald Trump’s fresh comments on tariffs.The GIFT Nifty futures were trading at 22,542 as of 07:59 a.m. IST, indicating that the...
