by OverviewFX | Dec 23, 2024 | Industry
Budget: Fiscal deficit is the difference between the govt’s income and expenditure. It is a key indicator that has implications for borrowing and financial commitments of the govt, which makes it a major news item before every budget. The central govt’s...
by OverviewFX | Dec 22, 2024 | Industry
New Delhi [India], December 22 (ANI): Financial advisory services firm HDFC Securities expects India’s GDP to grow at 6.4 per cent in 2024-25, with downside risks given a slowdown in urban demand and a lack of substantial revival in private capex. Growing rural...
by OverviewFX | Dec 21, 2024 | Industry
~Samriddhi Singh MaharThe economy saw a slight ease in inflation with CPI being 5.48% along with India’s unemployment rate dropping to 8% in November 2024 from 8.7% in October. There was a year on year increase of 9.59 % in exports as well.However, not all of...
by OverviewFX | Dec 21, 2024 | Industry
International Finance Corporation (IFC) has invested $75 million, or about Rs 630 crore, in sustainability linked bonds (SLB) issued by NDR InvIT, an infrastructure investment trust (InvIT) sponsored by NDR Warehousing Pvt Ltd.The SLB, in domestic currency, is the...
by OverviewFX | Dec 21, 2024 | Industry
The central government and the Asian Development Bank (ADB) signed a USD 350 million policy-based loan under the second subprogram of Strengthening Multimodal and Integrated Logistics Ecosystem (SMILE) program.The Ministry of Commerce & Industry in an official...
by OverviewFX | Dec 21, 2024 | Industry
Mumbai, Indian benchmark indices declined 5 per cent this week amid global selloff, mainly triggered by the US Federal Reserve’s caution approach for rate cuts next year, which resulted in relentless selling by the foreign institutional investors (FIIs).With...
