by OverviewFX | Jul 18, 2024 | Industry
India is well positioned to be a driver of greater wealth, says a global wealth report by Boston Consulting Group (BCG). In 2023, India has generated roughly USD 590 billion in new financial wealth, marking its largest increase in the history. India will add about USD...
by OverviewFX | Jul 17, 2024 | Industry
Siddhartha Sanyal, Chief Economist at Bandhan Bank, says, “Growth is improving, interestingly from the rural side where there was a lot of concern at some point of time, it looks like some of the indicators have started gradually improving. Globally, the...
by OverviewFX | Jul 17, 2024 | Industry
Reserve Bank of India (RBI) Governor Shaktikanta Das recently called on banks to intensify measures against ‘mule accounts.’ These accounts, used for laundering money and other illicit activities, are becoming a significant concern for the regulator.Mule accounts are...
by OverviewFX | Jul 17, 2024 | Industry
The government’s divestment plans have missed their targets for five consecutive years. The government is likely to stick to the FY25 target of miscellaneous capital receipts (includes divestment) of Rs 500 billion. However, achieving this target hinges on...
by OverviewFX | Jul 17, 2024 | Industry
NEW DELHI: Union finance minister Nirmala Sitharaman, along with minister of State Pankaj Chaudhary and secretaries, attended the ‘halwa’ ceremony marking the final stage in preparing the full Budget for the fiscal year 2024-25, at North Block in Delhi on...
by OverviewFX | Jul 16, 2024 | Industry
The growth in climate finance has been promising, hitting an annual flow of $44 billion by 2020, mostly for energy and mitigation.Climate finance is not just about combating climate change; it is about driving economic growth while safeguarding this growth and our...
