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Economy

RBI holds rates to further tame prices, raises growth outlook

Economy

07 June, 2024

RBI holds rates to further tame prices, raises growth outlook

The Reserve Bank of India (RBI) kept its key interest rate unchanged on Friday in a widely expected move, saying ......

India's economy grows faster-than-expected 7.8% in Jan-March

Economy

31 May, 2024

India's economy grows faster-than-expected 7.8% in Jan-March

India's economy grew at a faster-than-expected pace of 7.8% year-on-year in the January-March quarter, helped by government spending and resilient ......

Misuse of asset reconstruction firms to fast track insolvency process: RBI

Economy

31 May, 2024

Misuse of asset reconstruction firms to fast track insolvency process: RBI

Asset reconstruction companies (ARCs) are being misused by "tainted" promoters to enter the bankruptcy process after leading their firms to ......

Saudi government files papers to sell fresh stake in Aramco for potential $13 bn

Economy

31 May, 2024

Saudi government files papers to sell fresh stake in Aramco for potential $13 bn

Saudi Arabia's government on Thursday filed papers to sell a new stake in state oil giant Aramco that could raise ......

S&P upgrades outlook on India's sovereign rating to 'positive'

Economy

29 May, 2024

S&P upgrades outlook on India's sovereign rating to 'positive'

S&P Global Ratings raised India's sovereign rating outlook to 'positive' from 'stable' while retaining the rating at 'BBB-', saying on ......

SEBI mandates NISM certification for at least one member in AIF teams

Economy

14 May, 2024

SEBI mandates NISM certification for at least one member in AIF teams

Capital markets regulator Securities and Exchange Board of India (SEBI) has tightened norms for management teams operating alternative investment funds ......

China-Gulf free trade talks stall on Saudi industrial agenda

Economy

14 May, 2024

China-Gulf free trade talks stall on Saudi industrial agenda

Negotiations between China and an Arab bloc for a free trade agreement have stalled over concerns by Saudi Arabia that ......

India's mutual fund assets hit fresh record in April

Economy

09 May, 2024

India's mutual fund assets hit fresh record in April

Inflows into India's equity mutual funds moderated in April, while net assets under management (AUM) surpassed 57 trillion rupees for ......

Qatar economy grew 1.2% year on year in Q3 2023

Economy

02 May, 2024

Qatar economy grew 1.2% year on year in Q3 2023

The Gulf state of Qatar's real gross domestic product (GDP) increased 1.2% year on year in the third quarter of ......

Saudi Arabia's Q1 GDP falls 1.8% year-on-year

Economy

01 May, 2024

Saudi Arabia's Q1 GDP falls 1.8% year-on-year

Saudi Arabia's real gross domestic product (GDP) decreased 1.8% year-on-year in the first quarter, flash estimates by the government's statistical ......

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