A security guard stands in the lobby of RBI headquarters in Mumbai. Reuters
India’s higher market borrowings can impact the fiscal deficit. The government is likely to opt for auctioning of more cash management bills (CMBs) to meet the debt obligations of government bonds
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.
India’s economy expanded at its slowest pace in more than six years in the last three months of 2019, with analysts predicting further deceleration as the global coronavirus outbreak stifles growth in Asia’s third-largest economy.
Spot gold fell 0.4% to $1,735.90 per ounce by 05:35 GMT while US gold futures were down 0.4% to $1,737.10 per ounce.
The value of Dubai Chamber member exports and re-exports increased by nearly 24 per cent to reach Dhs22.1 billion in March 2021, compared to the same month last year, the organisation has revealed.
Mohammed Saif Al Suwaidi, Director-General of the Abu Dhabi Fund for Development (ADFD), stated that the fund has helped finance hundreds of development projects in Jordan costing Dhs6.5 billion,
World Security, a DP World company, hosted key customers and stakeholders on a webinar to educate customers about the services provided by the entity and the numerous advantages of operating in Jebel Ali Free Zone (Jafza).