Indian retail investors watch stock prices outside the Bombay Stock Exchange. Agence France-Presse
Indian shares tumbled on Friday, as banking stocks came under pressure after the country’s central bank placed troubled lender Yes Bank under a moratorium and took over its board.
The Indian rupee has breached the 74 per dollar mark and experts feel that with continued global economic concerns and possibilities of further plunge in financial and oil markets, it may continue to witness volatility in the coming days.
The S&P BSE Sensex and NSE Nifty 50 indices suffered their biggest single-day selloff ever in absolute terms as the Indian markets entered a bear phase.
Indian stocks recovered sharply in afternoon trading on Friday after tumbling earlier in the session as major global markets were lifted by hopes that a US stimulus package could help limit the economic damage from the coronavirus outbreak.
The 14th session of the Abu Dhabi-Singapore Joint Forum (ADSJF) was held in Abu Dhabi under the co-chairmanship and in attendance of Khaldoon Khalifa Al Mubarak, Chairman of the Executive Affairs Authority, and S Iswaran, Singapore’s Minister-in-Charge of Trade Relations. The forum was also attended by Sarah Bint Yousef Al Amiri,
The Reserve Bank of India hiked its key repo rate by a quarter percentage point on Wednesday as expected but surprised markets by leaving the door open to more tightening, saying core inflation remained high. The central bank said that its policy stance remains focused on the withdrawal of accommodation, with four out of
In the presence of Sheikh Abdullah Bin Salem Bin Sultan Al Qasimi, Deputy Ruler of Sharjah, and Sheikha Bodour bint Sultan Al Qasimi, Chairperson of Sharjah Investment and Development Authority (Shurooq), the sixth edition of the Sharjah Investment Forum (SIF) officially launched on Wednesday at Al Jawaher Reception
The Sharjah Investment Forum 2023 (SIF) hosted a panel session titled “Redefining Economies, Making Significant Strides For a Better Future” to engage in a thought-provoking discussion on the steps necessary to create a more equitable and sustainable future. The discussion explored the importance of investment in advanced