A vendor sells vegetables at a retail market in Kolkata. Reuters/ File Photo
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,
Prime Minister Narendra Modi on Friday hailed a “new chapter for India” as his re-elected government unveiled what he called a “green” budget aimed at reviving growth and creating a $5-trillion economy.
Noting the gloomy start to the current fiscal with a dismal 5 per cent growth in the first quarter, broking house Kotak Equities on Tuesday also cut down India’s 2019-20 GDP gorwth estimate to 5.8 per cent and said it sees the RBI
Spot gold was unchanged at $1,731.69 per ounce by 03:54 GMT while US gold futures were also steady at $1,732.80 per ounce.
Dubai recorded exceptional inflows of foreign direct investments (FDIs) in 2020 with 455 projects worth Dhs24.7 billion, according to data from the Dubai FDI Monitor released by the Dubai Investment Development
Vice President and Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohammed Bin Rashid Al Maktoum praised the efforts of federal and local entities for their part in Expo Dubai 2020.