A security guard stands in the lobby of the RBI headquarters in Mumbai. Reuters
Adani Group Chairman Gautam Adani has achieved a remarkable milestone amid the COVID-19 pandemic, as he added the highest wealth to his fortune in the world, as per the latest Bloomberg billionaires Index. Adani is now the 26th richest person in the world.
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.
As Finance Minister Nirmala Sitharaman prepares her budget, the World Bank reports India’s economy grew by 7.2 per cent in 2018-19 in contrast to the recent Indian Central Statistical Office (CSO) estimate of only 6.8 per cent growth during the period. The Bank’s Economic Prospects Report released on Tuesday
New Delhi: Amid the rising mercury levels in India’s capital, the peak power demand touched 6,612 megawatt (MW), highest for the season and up by about 3,000 MW from the peak power demand recorded in the city in 2006. The power demand of the city had crossed the 6,000 MW mark last week and has been rising since then.
Shaukat Tarin, finance adviser to Prime Minister Imran Khan, said in a tweet: “I want to thank His Excellency Crown Prince Mohammed Bin Salman and Kingdom of Saudi Arabia for the kind gesture.”
Sheikh Mohammed Bin Rashid on Saturday met Nigerian and Sri Lankan presidents at Expo 2020 Dubai. Sheikh Mohammed Bin Rashid also visited the Russian Pavilion at Expo 2020 Dubai, where he met Prime Minister Mikhail Mishustin.
Expo 2020 Dubai marked International Day of Persons with Disabilities (IDPD) with a flagship event located at the Nexus for People and Planet venue,