by OverviewFX | Jan 6, 2025 | Industry
Representational By Siddhi NawarIndia’s services sector, at the close of the calendar year, displayed strong business optimism driven by a higher rate of expansion, rising from 58.4 in November to 59.3 in December, according to the HSBC Services PMI report. The report...
by OverviewFX | Jan 4, 2025 | Industry
Mumbai: Reliance Industries (RIL), India’s largest corporate by revenues, has raised $3 billion from 11 banks in what is the largest such deal by the company in almost two years.The five-year loan was priced at 120 basis points over the threemonth secured...
by OverviewFX | Jan 4, 2025 | Industry
RBI rate cutsThe year 2025 is expected to see heightened interest in fixed-income investments as the Reserve Bank of India (RBI) is anticipated to initiate a cycle of interest rate cuts. With equity markets consolidating, investors are likely to pivot toward...
by OverviewFX | Jan 3, 2025 | Industry
India’s foreign exchange reserves dipped by $4.1 billion to $640.28 billion as of December 27, 2024, according to the data shared by the Reserve Bank of India. The country’s forex reserves had dropped by $8.4 billion for the week ending December 20 and had...
by OverviewFX | Jan 3, 2025 | Industry
New Delhi, The Department for Promotion of Industry and Internal Trade (DPIIT) has partnered with the Startup Policy Forum (SPF) to boost India’s startup ecosystem and establish it as a global hub for innovation and entrepreneurship. The partnership aims to...
by OverviewFX | Jan 3, 2025 | Industry
New Delhi [India], January 3 (ANI): India is witnessing a significant decline in consumption inequality across rural and urban regions, according to a report by the State Bank of India (SBI). The report noted that the gap in monthly per capita consumption expenditure...
