Reserve Bank of India Governor, Shaktikanta Das during a press conference at the central bank’s headquarters in Mumbai on Thursday. Agence France-Presse
According to most estimates, the Indian economy will register a record contraction of over 4.5% in the current fiscal year that started on April 1 due to the pandemic.
State-owned insurer Life Insurance Corporation may consider joining RBI efforts to rescue Yes Bank. The minimum investment for SBI would be Rs5,500 crore if it picks 26 per cent stake in Yes Bank.
India’s foreign exchange reserves plunged by $5.34 billion during the week ended March 13. According to the RBI’s weekly statistical supplement, the overall forex reserves,
Abdul Aziz Abdulla Al Ghurair, Chairman of Dubai Chambers, predicted that Dubai’s economy would grow by around 5 percent this year.
Dubai Chambers and the three Chambers operating under its umbrella - Dubai Chamber of Commerce, Dubai International Chamber and Dubai Chamber of Digital Economy
Natural gas has never been more important to the global energy mix as it replaces coal and liquid fuels while supporting the adoption of intermittent renewable energy,
flydubai announced on Thursday record-breaking annual results for its financial year ending 31st December 2023, with net profit reaching Dhs2.1 billion ($572 million), an increase of 75 per cent compared to 2022, marking the carrier’s strongest-ever performance.