No matching items found
Picture used for illustrative purpose. File
Gulf Today Report
Indian shares gained on Wednesday after the country’s central bank left key interest rates unchanged.
The NSE Nifty 50 index rose 0.8% to 14,809.70 and the S&P BSE Sensex was up 0.7% at 49,559 by 04:49 GMT.
The Reserve Bank of India (RBI) kept interest rates steady at record lows amid concerns that rising COVID-19 infections could derail the country's nascent economic recovery.
Gold slips on encouraging US data
Oil prices surge on prospect of a strong economy, US stockpile decline
Asian shares mix, European stocks gain
In March 2020, the central bank reduced the repo rate by a total of 115 basis points (bps) to help the pandemic-hit economy.
The International Monetary Fund said on Tuesday unprecedented public spending to fight the pandemic would push global growth to 6% this year, while projecting India's growth rate at 12.5% for 2021.
The Sensex on Tuesday ended 382 points in the red, after touching a record high of 39,572 minutes into the trade. The session started on a firm note with Sensex hitting a life-time high of 39,572, but it failed to hold on to the early gains and ended over 380 points lower.
As we come to the end of a decade that witnessed unprecedented monetary policy expansion, an eye on the trends observed and those rapidly in play, helps examine critical
The NSE Nifty 50 index rose 0.6% to 10,373 and the benchmark S&P BSE Sensex was up 0.52% at 35,095.76 as of 0534 GMT.
The NSE Nifty 50 index rose 0.64% to 10,774.50 by 0511 GMT, while the benchmark S&P BSE Sensex climbed 0.67% to 36,570.32.
Spot gold was down 0.1% at $1,768.01 per ounce by 07:11 GMT while US gold futures eased 0.1% to $1,769 per ounce.
The COVID-19 pandemic has had a positive impact on work practices in the United Arab Emirates overall, and a large percentage of professionals across various sectors hope to continue working remotely.
Pakistan and the UAE enjoy strong fraternal ties, rooted deep in common faith and shared history and values. High-level visits between the two countries have played a pivotal role in providing further impetus to strengthening bilateral
The UAE showed an outstanding performance in securing food during the COVID-19 pandemic with Dubai external foodstuff trade reaching Dhs52 billion in 2020, according to Dubai Customs.