by OverviewFX | Jun 12, 2025 | Politics
Private consumption in the Indian economy moderated slightly in the fourth quarter of FY25, according to a recent report by Bank of Baroda.The report added that the real private consumption spending grew by 5.9 per cent in Q4FY25, a marginal dip from 6.2 per cent...
by OverviewFX | Jun 12, 2025 | Politics
New Delhi: Financial sector regulators, including the Reserve Bank of India, will look at a universal know your customer (KYC) framework and develop systems with the Central Know Your Customer Registry (CKYCR) to promote the inter-usability of records and avoid...
by OverviewFX | Jun 12, 2025 | Politics
The Reserve Bank of India has tightened its scrutiny of newly licensed payment aggregators with regular audits and close inspection of the procedures they follow, according to industry executives.After the regulator brought digital payments within its ambit, it is...
by OverviewFX | Jun 12, 2025 | Politics
US and French soldiers stand guard at Union III Camp in the Green Zone of the Iraqi capital Baghdad on May 22. Ahmad Al-Rubaye | AFP | Getty ImagesThe United States is preparing a partial evacuation of its Iraqi embassy and will allow military dependents to leave...
by OverviewFX | Jun 12, 2025 | Politics
MUMBAI -India’s central bank plans to tighten rules for overseas remittances by resident Indians, barring them from holding foreign currency deposits with lock-in periods, two government sources said.The Reserve Bank of India (RBI) will amend regulations to...
by OverviewFX | Jun 12, 2025 | Politics
U.S. Treasury Secretary Scott Bessent testifies before the House Ways and Means Committee in the Rayburn House Office Building in Washington, D.C., on June 11, 2025.Kevin Dietsch | Getty ImagesTreasury Secretary Scott Bessent signaled the Trump administration’s...
