by OverviewFX | Feb 14, 2025 | Industry
This week, as the awe over Chinese AI startup DeepSeek dazzling the world by creating an LLM model rivalling OpenAI at a fraction of cost was just settling down, a news report of Infosys firing 700 employees for failing to clear tests touched a raw nerve across...
by OverviewFX | Feb 14, 2025 | Industry
Mumbai (Maharashtra) [India], February 14 (ANI): The Export-Import Bank of India (India Exim Bank) has projected India’s total merchandise exports for the fourth quarter (January-March) of the Financial Year (FY) 2025 to reach USD 124.8 billion, reflecting a...
by OverviewFX | Feb 13, 2025 | Industry
Energy affordability is critical to accelerating the transition towards cleaner energy sources, industry leaders and financial experts said at India Energy Week 2025. The panel, “Bridging the Energy Transition’s Investment Gaps,” highlighted that access to favorable...
by OverviewFX | Feb 13, 2025 | Industry
In a significant step towards modernizing India’s tax system, Finance Minister Nirmala Sitharaman introduced the Income Tax Bill, 2025 in the Indian Parliament today.This proposed legislation aims to overhaul the existing framework, simplifying the tax structure...
by OverviewFX | Feb 13, 2025 | Industry
Prudential Plc has hired Citigroup Inc. to help work on a potential initial public offering of Indian unit ICICI Prudential Asset Management Co., according to people familiar with the subject.A listing could raise about $1 billion, the people said, asking not to be...
by OverviewFX | Feb 13, 2025 | Industry
New Delhi [India], February 13 (ANI): India’s merchandise trade deficit is expected to have narrowed to USD 20.88 billion in January 2025, down from USD 21.94 billion in December 2024, according to a report by Union Bank of India. The report suggested that this...