Brokers react while trading at a stock brokerage firm in Mumbai, India. Reuters
Mumbai: In a bid to strike a balance between the “inadequate” 25 basis points (bps) and “excessive” 50 bps, the RBI on Wednesday slashed key policy rates by an unconventional 35 bps, but markets slid as it revised down the economy’s growth forecast. Metal, PSU banks, auto and realty stocks contributed
India’s key indices - S&P BSE Sensex and NSE Nifty50 - settled lower on Thursday amid rising crude oil prices triggered by the Russia-Ukraine war. Sensex settled 0.7 per cent or 366 points down at 55,103 points, whereas Nifty 0.7 per cent or 108 points
Improving economic scenario along with healthy buying in banking sector stocks pushed India’s key equity indices at record highs on Tuesday. Accordingly, the improving economic scenario as well as a small intra-day correction pulled
The government is working on a privatisation plan to help to raise money by selling assets in non-core companies and sectors when the country is strapped for funds due to lack of economic growth caused by the coronavirus pandemic.
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