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...
by OverviewFX | Aug 5, 2024 | Industry
By Jaspreet Kalra and Nimesh VoraMUMBAI, – The Indian rupee is now the worst-performing Asian currency — a U-turn from being the leader in the first half of the year — pressured by the unwinding of trades that used the Chinese yuan to fund long bets...
by OverviewFX | Aug 5, 2024 | Industry
India’s BFSI (Banking, Financial Services, and Insurance) sector is poised for a significant increase in net employment in the first half of FY25, according to a report by staffing firm TeamLease Services. The banking sector is expected to lead this growth, with...
by OverviewFX | Aug 5, 2024 | Industry
New Delhi [India], August 5 (ANI): The Consumer Price Inflation in India is expected to remain around 5 per cent in the financial year 2024-25 except for September and October month, according to a research report by SBI.The report also noted that the inflation...
by OverviewFX | Aug 3, 2024 | Industry
Kolkata: The Reserve Bank of India has approved the re-appointment of Inderjit Camotra as managing director & chief executive officer of Unity Small Finance Bank.The central bank approved his extension for another two years.Unity Small Finance Bank was promoted by...
