by OverviewFX | Dec 19, 2024 | Industry
Many small businesses weren’t shocked when Q2 FY25 GDP data revealed India’s economic growth had slumped to a seven-quarter low of 5.4 per cent, a significant drop from 8.1 per cent in the prior year’s equivalent period and 6.7 per cent the previous...
by OverviewFX | Dec 18, 2024 | Industry
Deeper integration into global value chains, enhanced digital trade infrastructure and a focus on building the competitiveness of MSMEs will help India more than double its share in global trade from the present 2 per cent, CII said on Wednesday. Chairman of the CII...
by OverviewFX | Dec 18, 2024 | Industry
Delhi-NCR emerged as the top contributor to India’s crypto investments in 2024, commanding 20.9% of the total, more than double Bengaluru’s 9.6%, which ranked second, according to CoinSwitch’s annual investor report, India’s Crypto Portfolio 2024: How India Invests....
by OverviewFX | Dec 18, 2024 | Industry
The government requires funds to finance developmental projects across the country. Public debt comes into play when the government’s earnings, such as revenue from taxes and other sources, fall short of funding these projects, necessitating borrowing from...
by OverviewFX | Dec 18, 2024 | Industry
India has set an ambitious target of $200 billion in ecommerce exports by 2030, up from the current $5 billion, which comprises just 1% of India’s merchandise exports. As per an EY-Assocham report, adopting more flexible policies and addressing existing challenges in...
by OverviewFX | Dec 17, 2024 | Industry
NomuraNomura expects a sharp GDP growth slowdown to 5.8% in 2025 from 6.5% in 2024, resulting in 100bp worth of policy rate cuts.“We expect a sharp GDP growth slowdown to 5.8% in 2025 (Consensus: 6.7%) from 6.5% in 2024, resulting in 100bp worth of policy rate cuts...
