Non-oil exports soared 16 per cent in 2024, reaching AED107.8 billion compared to AED93 billion in 2023. Re-exports grew by 11 per cent to exceed AED58 billion, compared to AED52.4 billion in 2023, while imports grew by 3 per cent to AED140.2 billion, up from AED136.4 billion in 2023.
During 2023, 2.6 million tons of food were lost, worth 24.3 billion Shekels (USD 6.52 billion). This is an effective increase of 3 per cent compared to the previous year, with food loss currently accounting for 1.3 per cent of the national GDP and reaching 38 per cent of all food produced in
Indian mining and Construction Equipment (MCE) industry experience muted volume growth of about 3 per cent in first 11 months of FY2025, a notable decline compared to 26 per cent growth in both FY2024 and FY2023.
Christians (2.4 billion) and Hindus (1.2 billion) are considered minorities in Pakistan, constituting only over 3 per cent of the country's total population, and they endure severe persecution.
Automobile manufacturer Mahindra & Mahindra on Friday announced a price increase of up to 3 per cent on its SUV and commercial vehicle (CV) range, effective from April 2025.
After Tata Motors and Maruti Suzuki, Kia India has now decided to raise car prices across its entire product range. It announced a 3 per cent price hike in a statement on Tuesday.
In the commercial vehicle (CV) segment, domestic dispatches witnessed a 3 per cent decline year-on-year (YoY) and 1 per cent month-on-month (MoM) in February 2025.
In its recommendations for broadcasting services under the Telecommunications Act of 2023, it has proposed reducing the licence fee for DTH service providers to 3 per cent of AGR as against the current 8 per cent. It has also recommended no authorization fee after 2026-27.
India's banking sector saw a mixed performance in the third quarter, with net interest income (NII) growing 6 per cent year-on-year (YoY), core pre-provision operating profit (PPOP) rising 13 per cent, and adjusted profit after tax (PAT) increasing by 7 per cent. While earnings expectations
Taiwan plans to raise its defence spending to at least 3 per cent of GDP this year, President William Lai announced, emphasising the need to strengthen national security. The proposed increase comes amid growing regional tensions and US President Donald Trump's renewed push for tariffs on Ta
The recent revision in ethanol prices has not lived up to expectations. While the Government of India increased prices for the Chandigarh route by 3 per cent, the anticipated hikes for the Bihar and Direct routes were not implemented, leading to some disappointment within the sector.