Indian retail investors watch stock prices outside the Bombay Stock Exchange. Agence France-Presse
Weak growth numbers released over the weekend resulted in a bruising sell-off in the markets on Tuesday, erasing 770 points from Sensex. Growth-sensitive stocks, state-run banks and manufacturing companies contributed most to the fall.
Sensex and Nifty gained for the second straight day on Friday amid reports that the government could roll-back or tweak the controversial tax on the Foreign Porfolio Investors (FPIs).
The Sensex and Nifty on Thursday came under heavy selling pressure over fading hopes of a stimulus to revive economic growth. Chief Economic Advisor (CEA) K. Subramanian at a summit in New Delhi said the Indian economy
Robust earnings from Google-owner Alphabet and Twitter took the S&P 500 and Nasdaq indexes close to record levels on Friday, with data showing the domestic economy slowed lesser than expected in the second quarter providing support.
The Opec oil-producing countries and ally Russia said on Friday they have agreed to cut their crude production by an extra 500,000 barrels a day as they try to support global energy prices.
Pakistan’s largest real estate portal, Zameen.com, successfully kicked off the third edition of its annual Pakistan Property Show (PPS) in Dubai on Friday.
The total number of international tourist arrivals to Dubai and Abu Dhabi increased to 15.88 million during the first nine months of the year, as compared to 15.26 million during the same period last year,
WTS Dhruva Consultants, a boutique tax advisory firm and FTA registered Tax Agent with presence in the UAE, Saudi Arabia and Bahrain, has published another comprehensive guide on ‘Impact of Indirect Taxes on Retail Sector