Economy

Washington: The United States Federal Reserve approved a quarter-point interest rate hike on Wednesday (local time), indicating progress in Central Bank's...

New Delhi: Union Budget 2023-24 has a slew of measures to boost exports and help accelerate the growth of manufacturing in the country, said an official...

Riyadh: The Ministry of Finance and the Saudi Fund for Development signed a memorandum of understanding (MoU) to finance the infrastructure construction...

New York: US pharmaceutical and biotechnology corporation Pfizer said it expected to see a sharp year-on-year drop in revenues and earnings in 2023...

New Delhi: India's output of eight core industries registered a 7.4 per cent growth in December 2022, against 4.1 per cent growth during December 2021,...

New Delhi: India's foreign exchange reserves are comfortable and external debt is low, according to the Economic Survey released by the government on...

Washington: The International Monetary Fund (IMF) on Tuesday projected India's growth to be 6.1 per cent in 2023 from 6.8 per cent in 2022, though the...

New Delhi: The Union Finance Minister, Nirmala Sitharaman on Tuesday tabled the Economic Survey for the Financial Year 2022-23, after the President's...

New Delhi: The International Monetary Fund (IMF) on Tuesday released the January update of its World Economic Outlook. According to the update, IMF said...

Abu Dhabi: International Holding Company, an Abu Dhabi-based diversified conglomerate, on Monday announced that it will invest about $400 million (AED 1.4...