by OverviewFX | Jul 31, 2024 | Industry
A top Indian government adviser’s suggestion that policymakers cut out volatile food prices while targeting inflation met with skepticism from many economists, who say it’s inappropriate to ignore the costs of everyday items that consumers can’t do without.The...
by OverviewFX | Jul 31, 2024 | Industry
For India, even though there are no formal fiscal rules in place, policymakers have been following the path of fiscal consolidation. The consolidated fiscal deficit was lowered from 6.9 per cent in FY16 to 5.8 per cent in FY19 and public debt to GDP stabilised at...
by OverviewFX | Jul 30, 2024 | Industry
Chennai, Daimler India, a subsidiary of German truck manufacturer Daimler Truck AG, has partnered with Bajaj Finance, part of the Bajaj Finserv Group, to offer comprehensive financing solutions to customers. The collaboration between the two entities aims to enhance...
by OverviewFX | Jul 30, 2024 | Industry
By Dharamraj DhutiaMUMBAI – Foreign investors see India’s decision to return to curbs on purchases of some government securities as a flip-flop in policy that may force them to redraw investment strategies, global fund managers said on Tuesday.Such limits...
by OverviewFX | Jul 29, 2024 | Industry
The Reserve Bank of India (RBI) in a report released on Monday highlighted that the average cost of data breaches in India reached $2.18 million in 2023, marking a 28% increase since 2020.However, this is less than the global average cost of data breach.As per the RBI...
by OverviewFX | Jul 29, 2024 | Industry
The Union Budget 2024-25 has completely overhauled the capital gains tax framework. Some measures may hurt badly. Homeowners will no longer get the indexation benefit on sale of property, while gains on sale of stocks and equity funds will now attract a higher tax....
