Brokers watch share prices on a digital broadcast outside the Bombay Stock Exchange on Friday.
The BSE Sensex hit another lifetime high of 40,030.86 on Thursday morning as the ruling National Democratic Alliance (NDA) won majority in the Lok Sabha vote count. The VIX, or the volatility index, dropped by over 27 per cent to 20.15 from the 30 that it had hit on Wednesday when fresh nervousness gripped investors ahead of counting day.
Indian shares hit a record high on Monday after exit polls from the country’s marathon election indicated a new term for Hindu nationalist Prime Minister Narendra Modi. While opposition parties refused to concede and the country faces a nerve-jangling three day wait until the official count begins,
Modi, 68, was seen meditating at a holy cave wrapped in an orange robe in the northern state of Uttarakhand. The picture of the mediation immediately went viral.
A silent prime minister was the highlight of a media interaction in the national capital on Friday. Narendra Modi did not take a single question as he appeared with BJP chief Amit Shah to claim that the party is poised for a clean sweep of the Lok Sabha seats.
Hotels in the UAE were the world's second busiest after China in 2020 due to government efforts to contain the spread of the COVID-19 virus, encourage domestic tourism and take measures to accelerate the sector's recovery.
Foreign Minister Makhdoom Shah Mahmood Qureshi on Sunday visited Pakistani pavilion at World Expo 2020 to be held in Dubai from Oct. 1 this year.
The Sharjah Economic Development Department (SEDD) announced that the economic development indicators in Sharjah achieved a remarkable growth in the first quarter of 2021.