India is expected to achieve current account surplus due to lower crude oil prices this fiscal, despite the Covid-19 pandemic, a report said on Monday. According to a SBI Ecowrap report,…
Optimistic trade sentiments triggered by improved performance across all global stock markets saw the UAE’s twin bourses’ general indices surging and gaining to the tune of AED16.4 billion at the…
Indian Overseas Bank (IOB) on Sunday said that it has reduced its interest rate on loans linked to MCLR by 30 basis points (0.3%) in overnight tenor and by 20…
The OPEC Fund for International Development, OFID, has signed a US$50 million unfunded risk-sharing agreement with the eastern and southern African Trade and Development Bank, TDB, to improve access to…
As a part of the Aatmanirbhar Bharat economic package, Public sector banks (PSB) have so far sanctioned Rs 17,705.64 crore worth of loans to MSMEs, according to the Finance Ministry….
As public debt rise and economic condition worsens, The International Monetary Fund (IMF) has urged Pakistan to freeze salaries of government employees. It has also asked the Pak Government to…
A day after Moody’s Investors Services, downgraded India’s sovereign ratings to just above junk with a negative outlook, its top most banks follow. The rating agency has downgraded the long-term…
Former Cogress president Rahul Gandhi remarks that worst condition is on the way for Indian economy. He levelled sharp criticism over the handling of the country’s economy a day after…
Moody’s Investors Services on Monday downgraded India’s sovereign ratings. The drop in the ratings comes as it assessed that the country’s policy making institutions will be challenged to mitigate the…
The Dubai chapter of The Indus Entrepreneurs (TiE) announced its official participation in TiE Women, a global initiative dedicated to empowering women entrepreneurs across the globe. Through the TiE Women…
