by OverviewFX | Aug 24, 2024 | Industry
The Securities and Exchange Board of India (Sebi) has barred Anil Ambani, the former chairman of Reliance Home Finance (RHFL), and 24 other entities from the securities market for five years. This decision follows allegations of fund diversion from RHFL, where Ambani...
by OverviewFX | Aug 24, 2024 | Industry
Finance minister Nirmala Sitharaman Friday asked tax officials not to opt for a “hard approach” at an early stage with taxpayers and instead communicate and explain tax liabilities to them.She told the officials to prioritise solving problems at the stage...
by OverviewFX | Aug 23, 2024 | Industry
India’s Forex reserves increased by $4.54 billion to $674.66 billion as of August 16, as per data released by the Reserve Bank of India on Friday. Preciously, the reserves had dipped by $4.8 billion to $670.12 billion for the week ending August 9. According to...
by OverviewFX | Aug 23, 2024 | Industry
By Swati BhatMUMBAI – Headline inflation impacts Indians directly and should be retained as the target for monetary policy rather than switching to core inflation, external members of the central bank’s rate panel told Reuters.A suggestion was made in the...
by OverviewFX | Aug 23, 2024 | Industry
Goldman Sachs Group Inc. has lowered India’s growth forecast by 20 basis points each for this year and the next, citing a contraction in central government expenditure. The bank now expects the nation’s economy to expand at 6.7% in calendar 2024, and 6.4% in 2025. The...
by OverviewFX | Aug 23, 2024 | Industry
Jaipur, Union Finance Minister Nirmala Sitharaman on Friday inaugurated the new GST Bhavan in Udaipur located in the Hiran Magri area of the city. The Finance Minister performed an Aarti amid Vedic chanting before unveiling the plaque to throw open the GST...
