Economy - Arab Daily Digital

UN predicts revival of Indian economy

The United Nations sees the Indian economy recovering by 7.3 per cent this calendar year after a coronavirus-driven fall of 9.6 per cent last year…writes Arul Louis. The UN’s World Economic Situation

26 January 2021

-Top News·Economy

Biden’s $1.9Tn relief package unveiled

US President-elect Joe Biden has unveiled a $1.9 trillion Covid-19 relief bill, which includes another round of direct payments to individuals, aid for state and local governments, increased unemployment benefits, as well

15 January 2021

-Top News·Australia·Economy

Kerala Budget: Focus On Education And Jobs

Kerala Finance Minister TM Thomas Isaac on Friday presented the sixth Budget of the Pinarayi Vijayan-led LDF government in the Assembly, which focuses on education, jobs and technology. Isaac commenced his Budget

15 January 2021

Economy·India News·Kerala

RBI concerned over stretched valuation of financial assets

The Governor’s statement comes at a time when the Indian equity markets are scaling new highs amid the pandemic, while the economy going through a recession….reports Asian Lite News Raising concerns over

11 January 2021

Economy

‘India sees V-shaped recovery since June’

The Monthly Economic Recovery for December by the Department of Economic Affairs (DEA) also noted that the impending vaccination is set to spur the momentum in economic activity globally…reports Asian Lite News

11 January 2021

Economy·India News

OMCs may see revenue drop in Q3 FY21

OMC have had a good run in the first half of FY21 with higher inventory gains, fortunes may turn against the companies as lower oil prices in October and November months would

10 January 2021

Business·Economy·India News

‘Oil, gas demand to rise in 2021’

As per the report, Aviation Turbine Fuel (ATF) demand is expected to lag due to the discretionary nature and the perceived risk of air travel….reports Asian Lite News The domestic demand for

10 January 2021

Business·Economy·India News

GDP expected to contract by 7.7%

Pulled down by a sharp contraction in the services, manufacturing and mining sectors, India’s gross domestic product (GDP) will contract 7.7 per cent in the current financial year as against a growth

8 January 2021

-Top News·Economy·India News

SEBI mulls setting up more exchanges

SEBI noted that the Indian securities market has witnessed dominance in trading and depository space, raising concerns on possibility of excessive concentration and institutional tardiness..reports Asian Lite News The Securities and Exchange

7 January 2021

Business·Economy·India News

‘NBFCs may witness growth revive in FY2022’

The segment’s AUM had registered a growth at a CAGR of 16 per cent in the period from March 2016 to March 2020…reports Asian Lite News AUM growth of non-banking companies, including

7 January 2021

Business·Economy

Economy - Page 94