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.
Sheikh Mohamed Bin Zayed in a phone call to Saudi Crown Prince has said that the UAE stands with Saudi Arabia in confronting all menacing threats to its security and stability.
The 26-year-old Arab defendant was hauled into the Criminal Court on Sept.9 for having blasphemed God while inside a Dubai Company on July 23. Witnesses reported him to the Rashidiyah Police Station.
In April 2019, the UAE and Saudi Arabia announced their commitment to providing 540,000 tonnes of wheat to enhance food security in Sudan. Last month, both countries shipped two batches of wheat totalling 140,000 tonnes.