Picture used for illustrative purpose only.
After a continuous sell-off in the past three months or so, foreign portfolio investors (FPI) have turned net buyers in the first week of January in the Indian equity segment, data showed.
Indian shares tumbled on Friday, as banking stocks came under pressure after the country’s central bank placed troubled lender Yes Bank under a moratorium and took over its board.
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.
Coronavirus fears continued to cause mayhem in the stock markets as the BSE Sensex ended over 2,700 points lower and the Nifty50 on the National Stock Exchange (NSE) settled below the 9,200 mark. This is the second biggest single-day fall in the history of Sensex.
Sheikh Mohamed Bin Zayed said on X, “I extend my sincere congratulations to King Salman Bin Abdulaziz, Crown Prince Mohammed Bin Salman, and the people of Saudi Arabia for the Kingdom's successful bid to host Expo 2030. Through resounding support for Riyadh Expo 2030, the international community continues to recognise the remarkable path towards growth and prosperity in Saudi Arabia.”
This was stated by Badr Jafar, COP28 Special Representative for Business & Philanthropy, during an exclusive interview with Gulf Today, adding that by bringing together over 1,000 leaders from diverse backgrounds.
The Dubai Supreme Council of Energy (DSCE), Dubai Electricity and Water Authority (DEWA), and the World Green Economy Organisation (WGEO) are organising the 9th WGES on 28-29 November 2023 at Madinat Jumeirah Conference Centre in Dubai
During the meeting, the council discussed a number of government work topics in the Emirate of Sharjah including following up on the progress of work in government departments, and reviewing developments in work on infrastructure projects.