Economy - Arab Daily Digital

Startup Tax Benefits Extend to March 2025

As many as 2,975 government-recognised startups have been granted Income Tax exemptions so far…reports Asian Lite News In a respite for the startup ecosystem, the Centre on Thursday announced to extend tax

2 February 2024

Business·Economy·STARTUPS News

Fiscal deficit target pegged at 5.1%

To provide continuity in taxation, I propose to extend the date to 31.03.2025.” The government proposed to increase capital expenditure outlay by 11.1 per cent to Rs 11.11 lakh crore in 2024-25...reports

1 February 2024

-Top News·Economy

Economy projected to grow by 5.7% in 2024

Al Khoori highlighted that the UAE’s non-oil foreign trade hit a record AED1.239 trillion in the first half of 2023…reports Asian Lite News Younis Haji Al Khoori, Undersecretary of the Ministry of

1 February 2024

-Top News·Economy·UAE News

IMF warns Hunt against tax cuts

The IMF said it was forecasting UK growth of 0.5% in 2023 and 0.6% in 2024 – both unchanged from October – and with only Germany of the leading G7 industrialised economies

31 January 2024

-Top News·Economy·UK News

IMF upgrades 2024 global growth forecast to 3.1%

Among the Group of Seven (G7) advanced economies, growth in European countries looks set to remain weak, reflecting ongoing challenges, while Japan and Canada are expected to fare slightly better…reports Asian Lite

31 January 2024

-Top News·Economy

‘My head is bloody, but unbowed’

Raveendran said that the company was launching a $200 million rights issue to fund the ongoing capital expenditure and support general corporate purposes….reports Asian Lite News Byju Raveendran, the founder and CEO

30 January 2024

Business·Economy·India News

Hamdan launches Dh500m initiative to boost SMEs

H.H. Sheikh Hamdan underscored Dubai’s pivotal role in the global economy and its leading position as an international hub for business and trade…reports Asian Lite News H.H. Sheikh Hamdan bin Mohammed bin

29 January 2024

-Top News·Arab News·Economy

India’s Investors Swap FDs for Stocks!

The total inflow into various SIPs of mutual funds during the calendar year 2023 was about Rs 1.83 lakh crore with the inflow in December last year at about Rs 17,600 crore…writes

29 January 2024

Business·Economy

Indian Markets Set to Outperform Globally

India is one of the few countries which are witnessing a decent GDP growth and we could be in the top 5 per cent of global economies as far as growth is

29 January 2024

Business·Economy·India News

Intel Surpasses Expectations with $15.4 Billion Q4 Revenue

The full-year revenue was $54.2 billion, down 14 per cent YoY from $63.1 billion a year ago….reports Asian Lite News Chip-maker Intel has registered $15.4 billion in revenue in its fourth quarter

28 January 2024

Business·Economy·Tech Lite

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