A vendor sorts tomatoes as he waits for customers at a vegetable market in Mumbai, India. Reuters
India’s stringent lockdown norms have lasted longer than expected, said Fitch Ratings as it further reduced India’s GDP forecast to (-) 5 per cent from an earlier projected growth of 0.8 per cent for the current fiscal.
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.
Facilio, a leading property operations software platform, has announced that it has been recognised by Frost & Sullivan with the 2021 Best Practices’ Product Leadership Award for the Internet of Things, (IoT)-based solution in the building operations and maintenance industry.
Sharjah Islamic Bank (SIB) recorded an increase of 27 per cent in the net profit reaching at Dhs514.1 million for the year compared to Dhs 405.8 million for the same period in 2020.
Malta celebrated its National Day at Expo 2020 with a varied programme highlighting the country’s rich history and culture. The festivities at the Stage of Nations