People wearing face masks crowd a railway station platform in Mumbai, India, on Monday. Associated Press
Government’s efforts to reverse the slowdown on the back of a sluggish GDP growth is expected to induce volatility in the Indian equity markets during the coming week.
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.
The Non-resident Indians (NRIs) in the United Arab Emirates termed the India budget for fiscal 2021-22, unveiled by the Finance Minister Nirmala Sitharaman on Monday, positive and a timely step in the right direction.
Global stock markets mainly dropped on Friday, with investors focused firmly on the outlook for interest rate hikes as central banks battle to bring down sky-high inflation.
A new trade exhibition will debut in Riyadh this September to unlock opportunities in Saudi Arabia’s US$300 billion infrastructure projects plan.
The real estate market in Dubai is robust thanks to the economic recovery in the UAE. The economic growth would continue considering the leadership’s