Indian economy


Rise In Indian Remittances From The Gulf Hides Tales Of Coronavirus Heartbreak

Middle East Business News - Published date: .

Indian banks see jump in remittances from the GCC by as much as 20% but the global pandemic still spells misery for many... Read more

UAE, India Agree To Tax Exemptions For Sovereign Investments

Middle East Business News - Published date: .

According to a statement from the UAE's Ministry of Finance, the tax exemptions are applicable to the infrastructure for... Read more

India Central Bank Denies Reports Of Selling Gold From Reserves

Middle East Business News - Published date: .

The Economic Times had reported on Friday that the Reserve Bank of India started trading in gold actively since July Read more

India's Largest Commercial Bank Cuts Interest Rates

Middle East Business News - Published date: .

State Bank of India's move may affect millions of Gulf-based non-resident Indians Read more

India's Central Bank Cuts Interest Rate With More Easing Seen

Middle East Business News - Published date: .

Thursday's cut reverses the 50 basis points of increases delivered by the Reserve Bank of India last year Read more

India's IL&FS To Sell Overseas Stakes, Including UAE

Middle East Business News - Published date: .

Debt-ridden Indian infrastructure firm set to sell ventures in the UAE to help raise resources to settle bills Read more

Unit Of Abu Dhabi Fund Inks Deal To Buy Indian Highway Project

Middle East Business News - Published date: .

Subsidiary of the Abu Dhabi Investment Authority has entered into a binding deal with India's Reliance Infrastructure Read more

India's Central Bank Injects Liquidity Into Mark In Bid To Soften Lending Rates

Middle East Business News - Published date: .

The Reserve Bank of India is slated to buy back $1.8 billion worth of government securities this week Read more

India Central Bank Faces Trouble Getting Banks To Cut Rates

Middle East Business News - Published date: .

A mismatch between deposits and credit growth, and competition from the government for small-savings mean banks face a h... Read more

India Central Bank Faces Trouble Getting Banks To Cut Rates

Middle East Business News - Published date: .

A mismatch between deposits and credit growth, and competition from the government for small-savings mean banks face a h... Read more

Bahrain's Investcorp Launches India Ops With $450m Portfolio

Middle East Business News - Published date: .

Investment company unveils Investcorp India Asset Managers Limited and the opening of its first India office Read more

Bahrain's Investcorp Set To Close First Indian Acquisition Deal

Middle East Business News - Published date: .

Investcorp announces the launch of its operations in India with the imminent completion of its first deal Read more

Bahrain's Investcorp Set To Close First Indian Acquisition Deal

Middle East Business News - Published date: .

Investcorp announces the launch of its operations in India with the imminent completion of its first deal Read more

Etihad-backed Jet Airways Mulls Options Over $1.2bn Debt

Middle East Business News - Published date: .

One option for lenders led by State Bank of India is to seek extra investment from founder Naresh Goyal and Etihad Airwa... Read more

Etihad-backed Jet Airways Mulls Options Over $1.2bn Debt

Middle East Business News - Published date: .

One option for lenders led by State Bank of India is to seek extra investment from founder Naresh Goyal and Etihad Airwa... Read more