Rupee projected to weaken this week
“74 is a strong support for the USD/INR pair and it is unlikely that RBI will allow it to appreciate much further
Egypt’s Al-Sisi lauds govt’s Covid-19 economic performance
On Thursday, IMF experts said in a statement that “the Egyptian economy has performed better than expected despite the pandemic”…reports Asian Lite
Asia Pacific Region Leads Global Economic Recovery: Moody’s
“The Asia-Pacific economy is leading the global recovery from the pandemic. The entire region is in recovery, driven by the control of
India’s GDP Contraction Rate Narrows to 9.5% in Q2
As the economy recovers from the lows of pandemic-induced lockdown, the year-on-year contraction in India’s GDP is expected to narrow appreciably to
Mnuchin asks Fed to return unused emergency funds
US Treasury Secretary Steven Mnuchin has asked the Federal Reserve to end five emergency Covid-19 lending facilities and return $455 billion of
India’s Data Centre Sector Gets $396 Mn Investment this year
The Indian data centre industry has attracted investments totalling around $396 million during January-September 2020, a report by Anarock and Mace said
Indian stock markets set for ‘mother of bull run’: Report
A ‘mother of bull run’ is being predicted for the Indian stock markets, which will start early next year and last till
Apparel Exporters Seek Special Pre FTA Deal With UK
Apparel Export Promotion Council (AEPC) Chairman A. Sakthivel, has urged the government to strike a pre-FTA preferential trade deal to remove the
RBI mulls LVB’s amalgamation with DBS Bank
The shareholders of the 94-year-old Lakshmi Vilas Bank (LVB) may not be getting anything as per the Reserve Bank of India’s (RBI)
Kris Gopalakrishnan to become first Chairperson of RBI’s innovation hub
The Reserve Bank of India (RBI) has appointed Infosys co-founder Senapathy (Kris) Gopalakrishnan as Chairperson of the RBI Innovation Hub (RBIH). The