by OverviewFX | Nov 11, 2024 | Industry
After witnessing a hazy macro environment for five straight quarters, India-centric IT services firms saw green shoots in the first quarter of this fiscal. While experts were still uncertain about the continuity of tech spending, Q2 (July to September) earnings belied...
by OverviewFX | Nov 10, 2024 | Industry
A resounding victory of Donald Trump in the US Presidential elections led to a sharp decline in gold prices as traders booked profit and some selling emerged on concerns over a possible rise in the US fiscal deficit on his stance of stimulating US growth, which would...
by OverviewFX | Nov 9, 2024 | Industry
Public digital infrastructure helped micro level players grow in India: FMBengaluru (Karnataka) [India], November 9 (ANI): India’s approach to spreading digital infrastructure networks by country’s “public money” instead of choosing private...
by OverviewFX | Nov 9, 2024 | Industry
Foreign institutional investors (FIIs), especially US-based funds, are pulling out of Indian markets at the swiftest pace since January 2022, with redemptions accelerating over the past five weeks. According to an analyst note from Elara Securities, India-dedicated...
by OverviewFX | Nov 9, 2024 | Industry
The government’s decision to raise import taxes on edible oils by 20 percentage points in mid-September also likely helped to drive prices up faster, further straining household budgets.BENGALURU: Consumer price inflation in India climbed to a 14-month high of...
by OverviewFX | Nov 8, 2024 | Industry
India’s foreign exchange reserves dipped by $2.6 billion to $682.13 billion as of Nov 1, according to data shared by the Reserve Bank of India (RBI) on Friday.For the previous week, the country’s dipped by $3.4 billion to $684.8 billion as of October...
