A man shows Rs2000 currency notes in Jammu, India Associated Press
Credit rating agency Moody’s on Tuesday said the new liquidity requirement for non-bank finance companies announced by the RBI is credit positive since it will reduce their risk due to liquidity shortfall that could disrupt their ability to collect
Sustained foreign inflows along with a slew of upcoming IPOs are expected to strengthen the Indian rupee during the week ahead. Accordingly, these factors are expected to push the rupee beyond its current 52 week high mark.
Rising trade deficit along with chances of a populist budget might dampen rupee’s prospects during the coming week. Nevertheless, persistent interest of Foreign institutional investors (FIIs) in India’s equity market will arrest any sharp depreciation moves.
India’s foreign exchange reserves rose by $4.344 billion during the week ended April 9. According to the Reserve Bank of India’s (RBI) weekly statistical supplement, the reserves increased to $581.213 billion from $576.869 billion reported for the week ended April 2.
The real estate markets in Sharjah and Ajman have continued to record stability in sales and rental prices in the first half of 2021, according to Bayut & dubizzle.
Visitors to Expo 2020 Dubai are invited to enjoy a world of cuisine where taste knows no borders – a foodie’s paradise featuring internationally acclaimed restaurants and local favourites,
BDT Capital Partners (BDT), Mubadala Investment Company and its asset management subsidiary, Mubadala Capital (Mubadala), on Monday