by OverviewFX | Dec 31, 2024 | Industry
India’s current account deficit (CAD) is to remain in a safe zone at approximately 1 per cent of GDP for fiscal 2025, up from 0.7 per cent in the previous year, according to a report by CRISIL.While geopolitical risks will require close monitoring, the strong...
by OverviewFX | Dec 30, 2024 | Industry
CryptocurrencyIn 2024, crypto funds stolen increased by approximately 21.07% year-over-year (YoY) to $2.2 billion, and the number of individual hacking incidents increased from 282 in 2023 to 303 in 2024.North Korean-linked cybercriminals stole a record $1.34 billion...
by OverviewFX | Dec 30, 2024 | Industry
Speedy implementation of labour codes, providing social security to informal workers, especially gig and platform, and bringing transformative policies would be the government’s priority in 2025 to empower all and boost the economy. All 36 states and UTs are...
by OverviewFX | Dec 30, 2024 | Industry
India’s Balance of Payments (BoP) saw a significant improvement in the second quarter driven by strong inflows from Foreign Portfolio Investments (FPIs), External Commercial Borrowings (ECBs), and Non-Resident Indian (NRI) deposits, according to a report by Bank...
by OverviewFX | Dec 30, 2024 | Industry
New Delhi, Even as India’s merchandise trade deficit has come under some pressure, robust services exports and healthy remittances flow should help keep the country’s current account deficit (CAD) in the safe zone during the current financial year (FY...
by OverviewFX | Dec 30, 2024 | Industry
By Dharamraj Dhutia and Siddhi NayakMUMBAI, – Indian companies’ fundraising through corporate bonds hit a record high in 2024, aided by declining yields and stronger appetite for long-term notes, and investors expect issuances to remain robust in...