Indian firms turn to cross-currency swaps
Indian companies are increasingly utilising cross-currency swaps to convert a portion of their rupee-denominated…
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India
India’s inflows safe from Fed impact – official
The recent interest rate cut by the US Federal Reserve is unlikely to have a significant impact on inflows into…
India scraps windfall tax on crude oil
The Indian government has abolished the windfall tax on petroleum crude, effective September 18th, a notification…
India’s trade deficit widens to $29.65b in August ’24
India's merchandise trade deficit widened to $29.65 billion in August 2024, driven by a decline in exports and…
India’s wholesale inflation slows to 1.31% YoY in August ’24
India's wholesale price index (WPI)-based inflation eased to 1.31 per cent year-on-year in August 2024, and down…
Asian bonds attract foreign inflows for 4th straight month
Asian bonds continued to attract foreign inflows for the fourth consecutive month in August.
India secures $386b for renewable energy expansion
India has secured a commitment of $386 billion from banks and financial institutions to expand its renewable energy…
India’s Inflation down to 3.65% YoY in August
India's annual inflation rate reached 3.65 per cent in August 2024, based on the Consumer Price Index (CPI),…
India eyes $500b electronics sector by ’30 – Modi
Prime Minister Narendra Modi set an ambitious goal for India’s electronics sector, aiming to expand it to $500…
ADQ, ENEC forge new partnerships in India
Abu Dhabi-based ADQ has signed a Memorandum of Understanding (MoU) with the Government of Gujarat to establish a…