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Fitch maintains India’s 6.3% growth for FY24 despite tighter monetary policies, export concerns
India's growth is estimated at 6.3% this fiscal year despite stricter monetary policy and export concerns. Fitch Ratings expects 6.3% and 6.5% growth in...
Finance
RBI issues directive to return property documents within 30 days of loan repayment
After full loan repayment, banks and financial institutions must deliver original property documents and remove charges within 30 days, according to the RBI. The...
Finance
India’s forex reserves fall from $645 billion to $ 594.88 billion
India's forex reserves fell $7.273 billion to $594.888 billion in August 2023 from a record $645 billion in October 2021. Foreign currency assets fell...
Finance
FM Nirmala Sitharaman seeks investments for India in meeting with Japan Bank Governor
On Wednesday, India's finance minister, Nirmala Sitharaman, welcomed the Japan Bank for International Cooperation (JBIC) for its operational commitment with the National Investment and...
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Finance
Finance Minister Nirmala Sitharaman outlines India’s key transformation pillars
Finance Minister Nirmala Sitharaman has identified four key pillars for India's transformation: investment, innovation, infrastructure, and inclusivity. However, each pillar encounters external difficulties.Global agencies...
