by OverviewFX | Aug 13, 2024 | Industry
“>”While this is ambitious, China did something similar during 1980 – 2000, and there is no reason why India cannot achieve this large growth if it gets its mind into doing so. Ambitious targets get us somewhere, even if not all the way there....
by OverviewFX | Aug 13, 2024 | Industry
India and Russia are exploring the idea of a dynamic reference rate to start a rupee-rouble market, along with allowing greater deployment of the rupee balance that has accumulated in course of trade between the two countries since outbreak of the Ukraine war.A...
by OverviewFX | Aug 13, 2024 | Industry
New Delhi [India], August 13 (ANI): India’s Consumer Price Index (CPI) inflation dropped to 3.54 per cent in July 2024, its lowest in nearly five years, largely driven by a decline in vegetable prices. However, despite this positive development, the State Bank...
by OverviewFX | Aug 12, 2024 | Industry
India’s Consumer Price Index recorded a 59 month low at 3.54%, as released by the Ministry of Statistics and Programme Implementation on Monday.Previous month in June, India’s retail inflation stood at 5.08%, alongwith the food inflation at another high at 9.36%. The...
by OverviewFX | Aug 12, 2024 | Industry
Mumbai: As a “small, hidden, obscure,” Mauritius investment vehicle, IPE Plus Fund, finds itself in the crosshairs of Hindenburg Research, its New Delhi-born, Singapore-based, founder and chief investment officer (CIO) Anil Ahuja finds himself in the news yet...
by OverviewFX | Aug 12, 2024 | Industry
The potential unwinding of the yen carry trade poses a significant threat to Indian markets, especially as yen-denominated investments in the country have surged 251% since January 2023, reaching $21 billion. This rapid increase in yen-driven inflows highlights the...
