A security guard stands in the lobby of RBI headquarters in Mumbai. Reuters
According to most estimates, the Indian economy will register a record contraction of over 4.5% in the current fiscal year that started on April 1 due to the pandemic.
State-owned insurer Life Insurance Corporation may consider joining RBI efforts to rescue Yes Bank. The minimum investment for SBI would be Rs5,500 crore if it picks 26 per cent stake in Yes Bank.
India’s foreign exchange reserves plunged by $5.34 billion during the week ended March 13. According to the RBI’s weekly statistical supplement, the overall forex reserves,
Speaking to a Pakistani private media channel after her meeting with Interim PM Anwaar-ul Haq Kakar, Georgieva said "what we are asking in our programme is that please collect more taxes from the wealthy and please protect the poor people of Pakistan."
The Ministry of Finance (MoF), in collaboration with the World Bank Group’s Multilateral Investment Guarantee Agency (MIGA), held two workshops at the headquarters of the Chambers of Commerce in Dubai and Abu Dhabi.
Paradigm 3D on Thursday opened the doors to its state-of-the-art Dhs20 million 3D-printing facility in Dubai — the first in the Middle East capable of producing parts