Lower food prices eased India’s July retail inflation on a sequential basis. Data furnished by the National Statistical Office (NSO) showed that the Consumer Price Index
The Reserve Bank of India (RBI) kept rates steady and left the door open for more monetary easing on Thursday, as it sought to support faltering economic growth and avoid stoking already heightened inflation levels.
Despite recent strength in India’s factory sector, the Monetary Policy Committee said economic activity in India “remains subdued and the few indicators that have moved up recently are yet to gain traction in a more broad-based manner.”
The UAE’s non-oil foreign trade amounted to Dhs527.5 billion by the end of Q1-2022, Dr Thani Bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, revealed.
DUBAI: DP World, a leading global end-to-end logistics provider, announced the creation of DPMETAWORLD, a new initiative aimed at bringing cutting edge virtual solutions to real-world supply chain challenges.
Cash-strapped Sri Lanka took delivery on Saturday of Russian oil -- which could soon be subject to a European embargo -- to restart operations at the country’s only refinery, the energy minister said.