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.
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.”
Sheikh Khaled Bin Mohamed Bin Zayed, Member of Abu Dhabi Executive Council, Chairman of Abu Dhabi Executive Office, and Chairman of the Executive Committee
Dr Abdulrahman Al Awar, Minister of Human Resources and Emiratisation, (MoHRE) has emphasised that his ministry will continue to support the country’s efforts
Day one of the sixth edition of the Global Aerospace Summit 2022, hosted by Mubadala, commenced on Tuesday in Abu Dhabi. The event is the first in-person edition of the Summit since the 2018 edition,