by OverviewFX | Jul 20, 2024 | Industry
To foster a runway of growth spanning 10-15 years, private players await a resurgence in consumer spendingEconomists across the board emphasise the necessity of fiscal discipline without stifling growth.From leveraging RBI dividends to boosting capex while ensuring...
by OverviewFX | Jul 19, 2024 | Industry
BENGALURU – India’s ICICI Lombard General Insurance reported a nearly 49% jump in first-quarter profit on Friday, helped by an increase in premiums in its motor and health insurance segments.Profit after tax rose to 5.80 billion rupees ($69.4 million) for...
by OverviewFX | Jul 19, 2024 | Industry
While technology continues to drive India’s socio-economic progress, the key lies in building the nation into the knowledge capital of the world through enhanced R&D and innovation efforts.Ahead of the national election earlier this year, the Union government...
by OverviewFX | Jul 19, 2024 | Industry
By addressing key concerns such as tax reform, FDI liberalization, sector-specific incentives, regulatory clarity, and ESOP simplifications, the budget has the potential to unlock new growth opportunities and propel India towards sustainable economic development in...
by OverviewFX | Jul 18, 2024 | Industry
The Reserve Bank of India has reportedly given its ‘fit and proper’ approval on bidders for IDBI Bank ahead of the Union Budget 2024 and all eyes are now on Finance Minister Nirmala Sitharaman.The Narendra Modi government had set the ball rolling for...
by OverviewFX | Jul 18, 2024 | Industry
A latest survey by FICCI predicts an annual median GDP growth forecast for the year 2024-25 at 7.0 per cent and CPI inflation at 4.5 per cent for the same period.Despite persisting headwinds, India’s economic growth remains resilient, and the nation remains amongst...