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    India’s economy to grow by 6.4% in 2023

    India’s economy to grow by 6.4% in 2023

    04 Apr 2023

    The Asian Development Bank (ADB) has projected growth in India’s gross domestic product (GDP) to moderate to 6.4 per cent in fiscal year (FY) 2023 ending on March 31, 2024...

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    Oil prices surge on Opec+ move to cut their production target

    03 Apr 2023

    Oil prices surged on Monday after Saudi Arabia and other Opec+ producers announced a surprise cut in their output target, a move that rippled through stock markets, though the dollar...

    US business activity accelerates in March as orders rebounded

    US business activity accelerates in March as orders rebounded

    25 Mar 2023

    US business activity gained steam in March as orders rebounded for the first time in six months, according to a survey on Friday, which also suggested that inflation could continue...

    Deutsche Bank, UBS hit as bank worries spark stress signals

    Deutsche Bank, UBS hit as bank worries spark stress signals

    24 Mar 2023

    European banking stocks fell sharply on Friday, with Deutsche Bank and UBS knocked by worries that actions by regulators and central banks have not yet contained the worst problems to...

    OECD raises global growth forecast but recovery fragile

    OECD raises global growth forecast but recovery fragile

    17 Mar 2023

    The Organisation for Economic Co-operation and Development (OECD)  raised its global economic growth forecast on Friday as inflation eases and China emerges from Covid restrictions, but warned of vulnerabilities as...

    ADX executes deals worth Dhs15.6b

    ADX executes deals worth Dhs15.6b

    17 Mar 2023

    The Abu Dhabi Securities Exchange (ADX) has reported the execution of 10 significant deals with a total value of over Dhs15.6 billion since the beginning of 2023. According to ADX...

    Direct Tax collections in India for FY 2022-23 at Rs16.68 lakh crore

    Direct Tax collections in India for FY 2022-23 at Rs16.68 lakh crore

    11 Mar 2023

    Government data has revealed that Direct Tax collections up to March 10, 2023, stood at Rs16.68 lakh crore which is 22.58 per cent higher than the gross collections for the...

    SoftBank’s Arm aims to raise at least $8b in US IPO

    SoftBank’s Arm aims to raise at least $8b in US IPO

    06 Mar 2023

    Arm Ltd, the British chip designer owned by Japan’s SoftBank Group Corp, is likely to aim to raise at least $8 billion from what is expected to be a blockbuster...

    China sets an economic growth target of around 5% this year

    China sets an economic growth target of around 5% this year

    05 Mar 2023

    China set a modest target for economic growth this year of around 5 per cent on Sunday as it kicked off the annual session of its National People’s Congress (NPC),...

    Buffett in annual letter stays upbeat and preaches patience

    Buffett in annual letter stays upbeat and preaches patience

    26 Feb 2023

    Billionaire investor Warren Buffett on Sunday signalled he has lost none of his enduring confidence in the U.S. economy and his company Berkshire Hathaway Inc . In his annual letter...

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