The Reserve Bank of India. File
Reserve Bank of India (RBI) Governor Shaktikanta Das has said the gross fiscal deficit has adhered to budgetary targets, and that the current account deficit is expected to be around 2.5 per cent of the GDP in 2018-19. Das said this earlier this week while speaking at the “Governor Talks”
Further monetary policy easing is expected as the economy struggles with a demand downturn, liquidity constraint and a high finance cost, sources said on Friday. It is learnt that Reserve Bank of India would stick with its stance and further lower the repo rate, which will in turn reinvigorate consumer
India’s foreign exchange reserves continued their upward trajectory during the week ended Dec.20 to touch a new record high. The Reserve Bank of India’s reserves rose by $456 million during the week under review, official data showed.
Strong incentives for UAE investors to target the Israeli high-tech market are underlined in a first of its kind report published on Sunday following record investment activity and growth in 2020, despite the COVID-19 pandemic.
The Sharjah Airport International Free Zone (SAIF Zone) has signed an investment agreement with TORRECID of Spain, a globalised multinational business group dedicated to providing products, services,
Bahrain-GCC trade reached $5.7 billion in 2020, accounting for 25 per cent of Bahrain’s global bilateral trade for the year ($20.8 billion).