central banks

India seeks exemption for sovereign funds from RBI’s alternate funding fund guidelines, sources say

by

The Indian authorities has requested the central financial institution, to exempt sovereign funds from a current set of tightened guidelines regarding investments in alternate funding funds (AIFs), in keeping with two authorities sources, and a fund official. Additionally learn:Inexperienced financing: India auctioned ₹20,000 crore price sovereign inexperienced bonds in FY24 In December, the Reserve Financial … Read more

AI dangers to monetary stability are already a central financial institution fear

by

Risks to monetary stability posed by the event of synthetic intelligence instruments are already beginning to change into a fear, two central financial institution chiefs informed a convention on Tuesday.  Additionally learn:Dangers posed by superior AI fashions within the flawed fingers Requested if there’s “one thing unhealthy that would occur that you’re getting ready for” … Read more

FPIs make exceptional comeback; infuse ₹Rs 2 lakh crore in equities in FY24

by

Overseas buyers made a robust return by injecting greater than ₹2 lakh crore into Indian equities in 2023-24, pushed by optimism surrounding the nation’s strong financial fundamentals amidst a difficult world surroundings. Additionally learn:FPI flows into India hit document ₹3.33 lakh crore this fiscal yr Wanting ahead to 2025, Bharat Dhawan, Managing Companion at Mazars … Read more

Outlook 2024: The place’s the Rupee Headed?

by

2023 was a peaceful and secure yr for the Indian rupee. The home foreign money was caught in a slender vary of 80.88 to 83.45 all by means of the yr. Rate of interest hikes within the US, sturdy rise in US Treasury yields, geopolitical tensions, banking disaster — all these had been alleged to … Read more