Indian stock markets erased all their initial gains on Friday, with the BSE Sensex closing 131.18 points lower, although the Reserve Bank of India (RBI) announced an emergency rate cut of 75 basis points.
India’s foreign exchange reserves rose by $5.271 billion during the week ended May 28. According to the Reserve Bank of India’s (RBI) weekly statistical supplement,
Noting the gloomy start to the current fiscal with a dismal 5 per cent growth in the first quarter, broking house Kotak Equities on Tuesday also cut down India’s 2019-20 GDP gorwth estimate to 5.8 per cent and said it sees the RBI
Dubai scored 714 points on the general index, outperforming Paris, Washington, DC, Chicago, Amsterdam, Vancouver, Hamburg, Seoul and others. Abu Dhabi scored 681 points, surpassing prestigious financial centers such as Osaka, Kuala Lumpur, Vienna and Stuttgart.
India’s Minister of Commerce and Industry, Piyush Goyal, has conveyed his country’s best wishes for the success of Expo 2020 Dubai to Dr. Thani bin Ahmed Al Zeyoudi, the UAE Minister of State for Foreign Trade.
India’s benchmark Sensex crossed the 60,000 level for the first time on Friday, driven by tech and private bank stocks, as analysts pointed to easing fears over economic damage