by OverviewFX | Aug 5, 2024 | Industry
From digital lending startups to payment companies, cyber criminals are targeting almost every facet of the fintech industry to gain access to critical customer data.Non-banking finance companies – account aggregators (NBFC-AAs), which has just started to take...
by OverviewFX | Aug 5, 2024 | Industry
Mumbai: After foreign bank accounts, stock holdings and trusts in tax havens, it’s the turn of offshore property deals of wealthy Indians to come under the taxman’s lens.At least half a dozen resident Indians were, last week, confounded by summons from the...
by OverviewFX | Aug 5, 2024 | Industry
Representative imageNew Delhi: India’s economy is expected to grow at 7-7.2 per cent in the current fiscal year driven by robust economic fundamentals and continuity in domestic policy reforms, Deloitte India said on Monday. The August update of Deloitte’s...
by OverviewFX | Aug 5, 2024 | Industry
The share of domestic Mutual Funds (MFs) in companies listed on NSE rose to yet another all-time high of 9.17% QoQ as on June 30, 2024, from 8.93%, powered by strong net inflows of Rs 1.09 lakh crore during the quarter, according to data compiled by primeinfobase.The...
by OverviewFX | Aug 5, 2024 | Industry
The so-called Yen carry trade has been in focus in the past few trading sessions in the wake of the selloff in shares of US technology giants. A look at what is Yen carry trade and what it means for the financial markets worldwide:What is a Carry Trade?A carry trade...
by OverviewFX | Aug 5, 2024 | Industry
The India Volatility Index (VIX) spiked over 60% on Monday, marking its largest increase since 2015 and reflecting the intensifying market sell-off in line with global trends.The India VIX has crossed levels of 23 with a significant jump of 61.7% on Monday.Indian...
