A woman works in the packing section of a factory that manufactures sports goods in Jalandhar, India. Reuters
Indian economy is likely to swell to $5 trillion mark ahead of its target of 2024 despite huge challenges and global trends. This was stated by T.N. Manoharan, non-executive chairman of India’s Canara Bank recently in Dubai,
India’s government forecast on Thursday that economic growth could get back up to 7% per cent this year, but cautioned it will face challenges keeping its fiscal deficit in check.
Foreign sovereign wealth funds are piling into India, buying stakes in everything from airports to renewable energy, attracted by political stability, a growing middle class and reforms making it more enticing for foreigners to invest.
US stocks joined a worldwide downdraft on Wednesday as more signs piled up of the economic and physical pain being caused by the coronavirus outbreak.
The Sharjah Economic Development Department, SEDD, lauded the package of incentives and decisions approved by the Government of Sharjah to support the government and private entities, as well as business sectors and individuals.
DED-Ajman announced a package of new digital services available on its website and smart application 24 hours a day, 7 days a week in order to make it easier and convenient for customers under the prevailing circumstances in the world.