Analysts attribute the tightening to a combination of seasonal currency leakage, muted government spending, tax outflows, and most notably, heavy unsterilized foreign exchange intervention by the RBI.
Abdulla bin Touq Al Marri, Minister of Economy and Tourism, affirmed that the 54th UAE Eid Al Etihad arrives this year crowned with exceptional economic and tourism achievements that reflect the vision of the UAE's leadership and the strength of the Union.
Sectors that benefited from recent GST rate rationalization have registered robust growth, with consumption indicators showing a significant uptick in consumer spending across essential and mass-market categories, government sources revealed on Monday.
ormer England football captain and UNICEF Goodwill Ambassador David Beckham's fondness for India is no secret. His recent visit once again reflected how deeply he enjoys spending time in the country.
Delhi-NCR [India], November 28: The retail real estate landscape is evolving into a far more intelligent and intuitive ecosystem. Instinct and legacy brand appeal are now being complemented and often guided by sophisticated data insights. Developers today are mapping catchment behaviour, foo
Global consumer confidence continues to remain below the long-term average, signalling persistent caution in spending across major economies, while India stands out by maintaining strong, though moderating, growth momentum, stated a report by McKinsey.
India's tourism and hospitality industry is set for a strong upswing, driven primarily by rising disposable incomes within the country's expanding middle class, according to a report by B&K Securities.
The domestic demand has remained steady even after the festive season, indicating a positive consumption trajectory for the economy, according to a report by Prabhudas Lilladher, a financial service firm.
India's economic growth is expected to come in strong for the second quarter of the current financial year, with GDP likely to rise 7.5 per cent, according to a report by Union Bank of India.
In an op-ed in the Washington Post, Lai said Taiwan is committed to maintaining peace in the Indo-Pacific region despite frequent Chinese military incursions into its vicinity and drills breaching the first island chain that extends from Japan to Borneo.
The capital expenditure landscape in the country is showing clear signs of optimism, supported by healthy spending by the Centre, a pick-up in state capex, and a revival in investments among Indian corporations, according to a report by Care Edge Ratings.
The domestic GDP growth in the first half of the current financial year, FY26, is expected to come in at 7.6 per cent, higher than the 6.1 per cent recorded during the same period last year, as highlighted in a report by ICICI.