by OverviewFX | Jan 20, 2025 | Industry
Ratings Agency Moody’s on Monday lowered India’s economic growth forecast to 7% for the fiscal year ending March 2025, down from 8.2% recorded in the previous fiscal year. This revision comes amidst a broader slowdown in global and domestic economic...
by OverviewFX | Jan 20, 2025 | Industry
WASHINGTON – The price of bitcoin surged to over $109,000 early Monday, just hours ahead of President-elect Donald Trump’s inauguration, as a pumped up cryptocurrency industry bets he’ll take action son after returning to the White House. Once a...
by OverviewFX | Jan 19, 2025 | Industry
Union minister Ashwini Vaishnaw on Sunday said there was a lot of interest globally in Prime Minister Narendra Modi’s economic policies, which would be the focus of discussions at the World Economic Forum in Davos. Vaishnaw, who is leading the Indian delegation...
by OverviewFX | Jan 18, 2025 | Industry
State of the Indian Economy: December 2024By Samriddhi Singh Mahar & Siddhi NawarThe International Monetary Fund (IMF) projects India to become the fourth-largest global economy by 2025, surpassing Japan with a nominal GDP of USD 4,340 billion. The end of the year...
by OverviewFX | Jan 17, 2025 | Industry
India’s foreign exchange reserves fell to $625.87 billion, down by $8.714 billion as of the week ending January 10, 2025, the Reserve Bank of India data showed on Friday. The country’s forex reserves had dropped by $5.6 billion for the week ending January...
by OverviewFX | Jan 17, 2025 | Industry
New Delhi [India], January 17 (ANI): The fiscal deficit in India is expected to shrink continuously, driven by growing tax revenues, according to the latest World Bank report. The report noted that this trend is anticipated to contribute to fiscal consolidation...
