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    India’s inflation at a manageable level of 7.4%, says finance minister

    India’s inflation at a manageable level of 7.4%, says finance minister

    17 Oct 2022

    Finance Minister Nirmala Sitharaman has reiterated that the inflation rate, which is hovering over 7 per cent in India, is “at a manageable level” compared to where some other countries...

    India’s private equity investment in real estate to reach $5 billion

    India’s private equity investment in real estate to reach $5 billion

    15 Oct 2022

    V Nagarajan The Indian real estate sector received private equity (PE) investments of $4.2 billion across office, warehousing, residential and retail sectors till September this year. It has been projected...

    UK finance minister warns some taxes will rise in sign of U-turn

    UK finance minister warns some taxes will rise in sign of U-turn

    15 Oct 2022

    Britain’s new finance minister Jeremy Hunt said on Saturday some taxes would go up and tough spending decisions were needed, signalling further reversals from Prime Minister Liz Truss as she...

    UK labour market exodus drives jobless rate down to 3.5 per cent

    UK labour market exodus drives jobless rate down to 3.5 per cent

    11 Oct 2022

    Britain reported a record jump in the number of people leaving the labour market in the three months to August, adding to the Bank of England’s inflation headaches. The number...

    Pakistan key policy rate unchanged at 15 per cent

    Pakistan key policy rate unchanged at 15 per cent

    10 Oct 2022

    Pakistan’s central bank on Monday kept its key policy rate unchanged at 15 per cent at a scheduled meeting of its monetary policy committee, the bank said in a statement....

    Rising food, crude prices and weak rupee fuel India’s inflation

    Rising food, crude prices and weak rupee fuel India’s inflation

    08 Oct 2022

    Inflation in India has been on the rise consistently for the past several months and various reasons can be attributed to it such as soaring food and oil prices, among...

    World Bank cuts India’s GDP growth outlook to 6.5 per cent

    World Bank cuts India’s GDP growth outlook to 6.5 per cent

    07 Oct 2022

    Citing the deteriorating global scenario, the World Bank downgraded India’s GDP forecast for the current fiscal to 6.5 per cent. In June 2022, it had projected that Indian economy will...

    Saudi Arabia’s MEP and economic association to strengthen ties

    Saudi Arabia’s MEP and economic association to strengthen ties

    06 Oct 2022

    Saudi Arabia’s Ministry of Economy and Planning (MEP) signs a Memorandum of Understanding with the Saudi Economic Association to accelerate research, training and data exchange amid a flurry of new...

    Sri Lanka holds rates as economy banks on govt reforms, IMF bailout

    Sri Lanka holds rates as economy banks on govt reforms, IMF bailout

    06 Oct 2022

    Sri Lanka’s central bank held policy rates steady on Thursday, saying monetary conditions remain “sufficiently tight” after a massive rate-hike campaign earlier in the year as the crisis-hit nation grapples...

    DEWA emphasises key role of media in consolidating sustainability and transition towards green economy

    DEWA emphasises key role of media in consolidating sustainability and transition towards green economy

    04 Oct 2022

    Dubai Electricity and Water Authority (DEWA) is participating as the Sustainability Partner of the 20th Arab Media Forum (AMF) organised by Dubai Press Club, under the patronage of His...

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