A labourer works on a truck at a vegetable market in Jammu, India. File/Associated Press
Higher food prices accelerated India’s April retail inflation to 2.92 per cent from 2.86 per cent in March, official data showed on Monday. However, on a year-on-year (YoY) basis, the Consumer Price Index (CPI) in April 2019 was lower than the corresponding period of last year when retail inflation stood at 4.58 per cent.
With growing food and fuel prices, India’s retail inflation increased in February as the Consumer Price Index rose to 5.03 per cent against 4.06 per cent in January.
Rising trade deficit along with chances of a populist budget might dampen rupee’s prospects during the coming week. Nevertheless, persistent interest of Foreign institutional investors (FIIs) in India’s equity market will arrest any sharp depreciation moves.
Two of the richest men in the world, Jeff Bezos of Amazon.com and Mukesh Ambani of Reliance Industries Limited (RIL) have locked horns for dominance in India’s near trillion-dollar retail sector. Analysts say the outcome of the court battle
With 156 rooms and suites, as well as the floating Neptune villas, guests checking in at the resort will arrive by speedboat from the popular beaches on Jumeirah Beach Road. A connected floating helipad and a marina will accommodate up to 16 private yachts allowing billionaires to arrive in style.
Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, on Wednesday attended the first-ever Global Business Forum (GBF) ASEAN at Expo 2020 Dubai. GBF ASEAN seeks to enhance economic ties and bilateral trading
Emirates Airline welcomed President Carlos Alvarado Quesada of Costa Rica, the First Lady of the Republic, Claudia Dobles Camargo and their delegation at Expo 2020 Dubai. Sheikh Ahmed Bin Saeed Al Maktoum, Emirates Group Chairman and Chief Executive, together with the airline’s
The Sharjah Investment and Development Authority (Shurooq) has announced the launch of the Khorfakkan Beach expansion project, the first-of-its-kind inclusive beach destination in Sharjah’s Eastern region. The project will expand the present 1.5 km stretch of beach to 2.5 km.