The Sensex, India's benchmark stock index, opened with a sharp decline on Monday. The index has seen significant declines on several occasions, often in response to global and domestic economic events.
Recent data indicates that the Consumer Price Index (CPI) inflation rose to 5.08 per cent in June 2024, driven primarily by higher food and beverage prices.
The relationship between China and President Nicolas Maduro is based on mutual benefits, with China seeking to expand its influence in the region and Venezuela looking for economic and political support. This alliance has been crucial for Maduro's survival and has allowed China to increase i
SANDBOX, the Accelerator programme dedicated to the growth of tech startups, and part of Oraseya Capital, the venture capital investment arm of the Dubai Integrated Economic Zones Authority (DIEZ), today announced the conclusion of its fourth cohort.
A report by the Pakistan Federal Ministry of Economic Affairs disclosed that the previous government led by the Pakistan Peoples Party has borrowed the maximum from International Monetary Fund (IMF), with a loan of over USD 7.72, The Express Tribune reported.
Recognising the impact of digitisation in the country, S&P Global Ratings said that the state-backed digital initiatives will underpin a tripling of Indian retail borrowing by 2030, lifting Indian households' debt to about USD 2.5 trillion or about 34 per cent of GDP.
In a boost to the Make in India initiative, Indian Air Force Deputy Chief Air Marshal Ashutosh Dixit, inaugurated Chaff Plant at Economic Explosives Limited (EEL), Nagpur on July 31.
The UAE's real estate sector continued to thrive and attract investment during the first half of 2024, supported by the country's economic and financial stability, and the launch of new world-class projects to meet the rising demand for various property units.
Prime Minister Narendra Modi on Saturday said that agriculture is at the centre of India's economic policies, adding that small farmers are the biggest strength of India's food security.
Realizing the importance of infrastructure in the overall economic growth of the country, the Government of India has been investing heavily in building world-class road infrastructure in the country over the last ten years.
The reserves have been rising on and off for a long time now. So far in 2024, they have risen by about USD 40-45 billion, on a cumulative basis. The buffer of foreign exchange reserves insulates domestic economic activity from global spillovers.