by OverviewFX | Feb 28, 2025 | Industry
Mumbai (Maharashtra) [India], February 27 (ANI): Indian stock markets on Thursday ended near the flatline, slipping for the fifth consecutive series for the first time in 29 years.At the close of the trading session today, the Nifty 50 at the National Stock Exchange...
by OverviewFX | Feb 27, 2025 | Industry
Shares of IndusInd Bank, Bandhan Bank, and non-banking financial companies (NBFCs) surged up to 8% on Thursday after the Reserve Bank of India (RBI) eased risk-weight norms on bank loans to NBFCs, a move seen as a relief for the financial sector.Bandhan Bank climbed...
by OverviewFX | Feb 27, 2025 | Industry
Financial services firms spent USD 35 billion on Artificial Intelligence in 2023, with projected investments across banking, insurance, capital markets and payments expected to reach USD 97 billion by 2027, as suggested by an industry report. Also, For the BFSI...
by OverviewFX | Feb 26, 2025 | Industry
New Delhi, India’s GDP growth in Q3 FY25 is expected to show an upward bias and is likely to be in the range of about 6.3-6.4 per cent, primarily driven by increased government spending and improved household consumption during the festive season, experts said...
by OverviewFX | Feb 25, 2025 | Industry
New Delhi, The Indian electronics and electrical industry should look at increasing exports to USD 100 billion over the next 5-7 years, Commerce and Industry Minister Piyush Goyal said on Monday. He said the export volume of electronic goods ranks second in the...
by OverviewFX | Feb 24, 2025 | Industry
Hornbill Capital, an India-focused hedge fund anchored by Asian private equity firm Orchid Asia, has entered the race to invest in stock trading platform Dhan, submitting a $200 million bid at a $1.25 billion pre-money valuation, people briefed on the matter said....
