by OverviewFX | Aug 19, 2024 | Industry
India needs to create an additional 60 to 148 million jobs by 2030 given its population growth while revamping its education to improve skills of its workforce, according to International Monetary Fund first deputy managing director Gita Gopinath.The country should...
by OverviewFX | Aug 19, 2024 | Industry
The overhaul of the capital gains tax framework in the recent Budget has upset many. Equity investors are fretting that they must now shell out more tax on their gains. Real estate owners are livid that indexation benefits will be taken away. Taxpayers still holding...
by OverviewFX | Aug 18, 2024 | Industry
Banks in some states will be closed on Monday, August 19, for Raksha Bandhan, Jhulana Purnima, and Bir Bikram Kishore Manikya Bahadur’s birthday. Throughout August, both public and private sector banks in India will be closed for up to 13 days.August 2024 bank...
by OverviewFX | Aug 17, 2024 | Industry
India is open to exploring more ways to increase its collaboration with the International Monetary Fund (IMF), Finance Minister Nirmala Sitharaman said during a meeting with IMF’s First Deputy Managing Director Gita Gopinath on Saturday. During the meeting,...
by OverviewFX | Aug 17, 2024 | Industry
New Delhi, Markets regulator Sebi has proposed expansion of the sustainable finance framework in the securities market by introducing a new category of financial instruments. This category will include Social Bonds, Sustainable Bonds, and Sustainability-linked Bonds...
by OverviewFX | Aug 17, 2024 | Industry
Foreign portfolio investors (FPIs) were net sellers of Indian equities in the first fortnight in August, offloading shares worth Rs 21,201 crore. The total investments by them now stand at Rs 14,365 crore, so far this year.In July, FPIs bought domestic shares worth Rs...
