Low crude prices may sail India to a surplus current account
India is expected to achieve current account surplus due to lower crude oil prices this fiscal, despite the Covid-19 pandemic, a report
UAE stocks surge as trade optimism persists
Optimistic trade sentiments triggered by improved performance across all global stock markets saw the UAE’s twin bourses’ general indices surging and gaining
IOB cuts loan rates
Indian Overseas Bank (IOB) on Sunday said that it has reduced its interest rate on loans linked to MCLR by 30 basis
OPEC Fund pledges USD 50 Mn for African Trade
The OPEC Fund for International Development, OFID, has signed a US$50 million unfunded risk-sharing agreement with the eastern and southern African Trade
Rs 17,705 cr loans sanctioned to MSMEs by PSBs
As a part of the Aatmanirbhar Bharat economic package, Public sector banks (PSB) have so far sanctioned Rs 17,705.64 crore worth of
IMF asks Pak to freeze Govt staff salaries
As public debt rise and economic condition worsens, The International Monetary Fund (IMF) has urged Pakistan to freeze salaries of government employees.
Now, SBI and HDFC Bank gets Moody’s downgrade
A day after Moody’s Investors Services, downgraded India’s sovereign ratings to just above junk with a negative outlook, its top most banks
Rahul on rating downgrade: worst to come
Former Cogress president Rahul Gandhi remarks that worst condition is on the way for Indian economy. He levelled sharp criticism over the
India’s sovereign rating downgraded, negative outlook maintained
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
TiE Dubai Launches competition with $100,000 up for grabs for women entrepreneurs in the UAE/MENA
The Dubai chapter of The Indus Entrepreneurs (TiE) announced its official participation in TiE Women, a global initiative dedicated to empowering women