A man sits under overhead power cables in an alley in Delhi, India. Reuters
The people of India have given Modi a great opportunity to bring about a change in the country. If India failed to shine under the erstwhile Congress rule, it is now their moment to ‘Make in India’ glitter (“Gandhi demands probe into farmer suicide,” June 1, Gulf Today). Farming which has been the backbone of the Indian economy
As Finance Minister Nirmala Sitharaman prepares her budget, the World Bank reports India’s economy grew by 7.2 per cent in 2018-19 in contrast to the recent Indian Central Statistical Office (CSO) estimate of only 6.8 per cent growth during the period. The Bank’s Economic Prospects Report released on Tuesday
New Delhi/Mumbai: A booster dose in the form of further rate cut is expected from the Reserve Bank to rekindle economic growth which has been stunted by low demand, receding production and stagnant wages. Economy watchers contend that subdued food prices coupled with growth concerns allows RBI
India’s Finance Minister Nirmala Sitharaman’s maiden budget offers a lot of promises — boost to investments, transformation of agriculture sector, infrastructure expansion, digitisation and creating a $5-trillion economy. Among the promises are a plan to infuse capital worth $10 billion and provide a partial
Dubai welcomed 8.36 million international overnight visitors in the first six months (January-June) of 2019, posting a positive three per cent in tourism volume growth compared to the same period last year,
China’s central bank unveiled a key interest rate reform on Saturday to help steer borrowing costs lower for companies and support a slowing economy that has been hurt by a trade war with the United States.
Gold prices have hit a record high amid a rush for safe haven assets owing to the fears of a recession. Goehring & Rozencwajg, a research firm which focuses on investments in natural resources, says the great gold bull market has begun.
Abu Dhabi Securities Exchange (ADX) announced that it has succeeded in achieving a compliance rate of 97 per cent regarding the disclosure of the 2nd quarter financial statements 2019 of its listed public joint stock companies,