[ad_1] Business News, Strategy, Finance and Corporate Insight Fortune India [ad_2] Source link
Tag: rbi
Overseas Investment Winter For India Inc.
[ad_1] ON AUGUST 22, 2022, the Central government announced a review of overseas investment framework to bring clarity on direct and portfolio investments abroad. It brought various transactions under automatic…
Axis Bank well capitalised with self-sustaining capital structure to fund growth: MD Amitabh Chaudhry – Times of India
[ad_1] NEW DELHI: Axis Bank is well capitalised with a self-sustaining capital structure for funding organic growth, its managing director and CEO Amitabh Chaudhry has said.He said the bank expects…
Is private investment in the economy on revival path?
[ad_1] Exactly a year ago, Finance Minister Nirmala Sitharaman was disheartened that despite the corporate tax cut (2019) and the PLIs (from 2020) private investment wasn’t picking up and told…
RCAP acquisition: IRDAI rejection raises questions for IIHL on funds’ source
[ad_1] The Reserve Bank of India-appointed Administrator of debt-ridden Reliance Capital (RCAP) on 15 October wrote a letter to Hinduja Group firm IndusInd International Holdings Ltd (IIHL). It raised questions…
Forex reserves fall $14.15 bn in last one month on valuation impact, RBI intervention
[ad_1] Country’s foreign exchange reserves have declined by $14.154 billion in almost one month due to valuation loss and the Reserve Bank of India’s (RBI) intervention in the currency spot…
RBI Governor awared for ‘A+’ ranking in Global Finance Central Banker Report 2023 – Times of India
[ad_1] MUMBAI: Reserve Bank of India (RBI) Governor Shaktikanta Das on Saturday was awarded for being ranked ‘A+’ in the Global Finance Central Banker Report Cards 2023 at Morocco’s Marakesh,…
India’s macroeconomic environment sound, but structural reforms needed: IMF
[ad_1] While India’s overall macroeconomic environment is “sound”, the country needs structural reforms that could further aid the business environment, a top official of the International Monetary Fund (IMF) said,…
RBI likely selling US dollars to keep rupee off record low: Traders
[ad_1] MUMBAI (Reuters) – The Reserve Bank of India is likely selling dollars once again via state-run banks to make sure the rupee does not slip to a record low,…
IMF raises India’s growth forecast again, cites strong consumption
[ad_1] The growth forecast has been raised from 5.9% in April, 6.1% in July, to 6.3% now. IMF has projected India’s consumer inflation at 5.5% this fiscal. The report says…