A worker harvests cotton in a field on the outskirts of Ahmedabad, 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,
Adding to the persisting concerns of a weakening economy, an IHS Markit report said that business sentiment in the country in June fell to the lowest level since 2016 as companies are worried over a subdued economy, government policies, regulation and water shortages.
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.
Al Jawaher Reception & Convention Centre (JRCC) has announced that it has signed an agreement with Marriott International to bring Courtyard by Marriott brand to Sharjah. Expected to open in 2023,
Etisalat Group announced on Tuesday its consolidated financial statements for the 12 months ending December 31, 2019. Aggregate subscriber base reached 149 million, representing Year over Year increase of 6 per cent.
Stock markets fell on Tuesday after Apple said the new coronavirus was hurting revenues, fuelling investors fears over the damage the epidemic is inflicting on corporate bottom lines.
The Abu Dhabi National Oil Company (Adnoc) announced, on Tesday, the award of two contracts for the construction of offshore facilities for the Dalma Gas Development Project located about 190 kilometers northwest of Abu Dhabi city.