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Economy

June 3, 2024 11:01 AM

Asia shares rally on promise of rate relief, factory pick up

Asian share markets rallied on Monday as investors looked forward to a rate cut in Europe, and quite possibly Canada, as the next step in global policy easing, though sticky inflation threatens to make the process a drawn out affair. There was also ...

May 31, 2024 2:02 PM

India brings nearly 100 tonnes of gold back to domestic vaults

India has made a notable shift from the economic policies of 1991, when it exported gold and pledged it overseas to mitigate a looming financial crisis. The country has now shipped in a little over 100 tonnes of its gold reserves held in the UK. San...

May 30, 2024 4:21 PM

Saudi Arabia may announce landmark Aramco share offering

Saudi Arabia may announce a landmark secondary share offering in oil giant Aramco later on Thursday, pending final approval, people with knowledge of the matter said. Final approval would come from Crown Prince Mohammed bin Salman. The share offerin...

May 30, 2024 6:10 PM

NHAI seeks investment in UAE for infrastructure monetization

By: Vinod Kumar The National Highways Authority of India (NHAI) has launched an initiative to monetize its infrastructure, seeking investments from the UAE to sustain and enhance India's expanding national highway network. NHAI’s delegation, le...

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