Pandemic To Reshape Global Economy: Moody’s
The global economic recovery over the coming year will be highly dependent on the development and distribution of a coronavirus vaccine, effective
India Enters First Ever Recession: Reserve Bank
India has technically entered into a recession with a likely contraction in its GDP during the July-September period, according to a report
Surging Gold Price Pushes Demand, Gold Loan Growth
Incessant surge in gold prices led to higher demand for gold loans amid the pandemic and increased the asset under management of
Corporate fund inflows to empower rupee
Rising corporate fund inflows along with buoyant equities are expected to strengthen the Indian rupee in the coming week. Analysts have predicted
‘Need For Personal Mobility Pushing Two Wheeler Demand’
Having achieved year-on-year sales growth during the Navratri period, two-wheeler major Honda Motorcycle and Scooter India (HMSI) now expects stable demand to
US investors urge SEBI to Effect IPO Reforms
Investors and other market stakeholders from US have asked India’s capital market regulator SEBI to bring in reforms in the regulations for
Anti farm bill agitations hit freight train services in Punjab
The indefinite ‘Kisan Rail Roko’ agitation in several parts of Punjab has hurt the movement of freight trains in the several states,
Foreign currency deposits in UAE national banks grow 7.3%
The total foreign currency deposits held by the UAE national banks amounted to around AED409 bn by August, a growth of 7.3
OPEC production cuts to go beyond December
Oil cartel OPEC may decide on extending the existing level of production cuts beyond December to keep the crude price stable next
UAE hosts 25th meeting of Indian Ocean Rim Business Forum
The meeting was chaired by the Secretary-General of the UAE Federation of the Chambers of Commerce and Industry, Humaid Ben Salem, as