Nikunj Ohri
Government Policy Correspondent at Reuters
Journalist @Reuters. Views are my own. RTs do not mean endorsement/agreement.
Articles
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3 weeks ago |
marketscreener.com | Jaspreet Kalra |Nikunj Ohri
MUMBAI/NEW DELHI (Reuters) - India is asking the Financial Action Task Force (FATF), a global money-laundering watchdog, to reduce compliance requirements for cross-border payments made through its homegrown system, several sources familiar with the discussions said. Launched in 2016, the Unified Payment Interface (UPI) accounted for 83% of India's digital payments volume in 2024, up from 34% in 2019, and dominates the domestic retail payments sector.
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1 month ago |
zawya.com | Nikunj Ohri
India's economy grew by 6.2% in October-December, marginally below expectations but faster than in the previous quarter on the back of increased government and consumer spending, data released on Friday showed. The growth in gross domestic product was slightly lower than the 6.3% expansion projected by analysts in a Reuters poll, and the central bank's estimate of 6.8%. The world's fifth-biggest economy grew 5.6% in the previous quarter.
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1 month ago |
gurutrade.com | Nikunj Ohri |Susan Fenton
October-December GDP grew 6.2% y/y; stronger than previous quarter Government, personal spending improved but manufacturing remained weak 2023-24 GDP growth revised sharply upwards to 9.2% from 8.2% projected earlier NEW DELHI, Feb 28 (Reuters) - India's economy expanded by 6.2% in October-December, picking up on increased government and consumer spending, official data showed on Friday, and the government said it expected a further acceleration in the current quarter.
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1 month ago |
kelo.com | Nikunj Ohri
By Nikunj OhriNEW DELHI Reuters) – India’s economy grew by 6.2% in October-December, marginally below expectations but faster than in the previous quarter on the back of increased government and consumer spending, data released on Friday showed. The growth in gross domestic product was slightly lower than the 6.3% expansion projected by analysts in a Reuters poll, and the central bank’s estimate of 6.8%. The world’s fifth-biggest economy grew 5.6% in the previous quarter.
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1 month ago |
msn.com | Nikunj Ohri |Ira Dugal
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Update: Attending @StiglerCenter’s JIR program with 7 incredible journalists, and can’t believe it’s already been 2 weeks attending business classes at @ChicagoBooth. If you’re in Chicago, lets catch up for a coffee ☕️ (it’s on me if you can share how to beat the city’s cold!🥶) https://t.co/Y9mSIbLLax
RT @kalrajs23: India is asking the FATF, global money-laundering watchdog, to reduce compliance requirements for cross-border payments made…
India govt appoints present Finance Secretary Tuhin Kanta Pandey as Chairman of Securities and Exchange Board of India for 3 years.