Finance Minister Nirmala Sitharaman. Reuters
Indian economy is likely to swell to $5 trillion mark ahead of its target of 2024 despite huge challenges and global trends. This was stated by T.N. Manoharan, non-executive chairman of India’s Canara Bank recently in Dubai,
The Indian government has plans to raise as much as 3.25 trillion rupees ($47.4 billion) in the next five years by reducing its stakes in some large state-owned firms to 40%, two senior government officials told Reuters,
Disappointment over the Budget proposals and muted global markets led the Sensex to log the heaviest fall in seven months on Monday. Both the key equity indices − Sensex and Nifty − fell over 2 per cent.
India raised import tariffs on nearly 75 items including gold and automobile parts in its budget on Friday and increased taxes on the rich to help pay for recapitalising banks and supporting small business in a bid to revive sagging growth.
The Committee said the decision is part of the gradual reopening of economic activities in the emirate and efforts to restore normalcy, while ensuring precautionary measures are strictly enforced.
The 15-year-old had stood in the river ostensibly to soothe its mouth and tongue after the powerful firecracker in the pineapple exploded.
Prominent charitable organisations in the UAE are engaged in a number of charity initiatives to support the needy people throughout the country and there are private and public sectors pouring their support enormously.