Latest News, Updates & Breaking Headlines
UAE raises minimum wages: What are the new Dubai salaries for workers in different sectors? Dubai and the wider United Arab Emirates are advancing a major shift in private-sector compensation norms with a new minimum wage policy for Emirati workers as a part of the broader efforts to strengthen labour standards and boost Emiratisation. Although…
Professionals collaborate amidst a vibrant cityscape during golden hour, symbolizing economic prosperity and dynamic urban expansion. CII’s Business Confidence Index (BCI) climbed to a five-quarter high of 66.5 in the third quarter of FY26, marking the third consecutive quarterly rise and reflecting optimism around demand, profitability and investment conditions, the industry body said on Sunday.Domestic…
As the Union Budget 2026-2027 draws closer, many market participants are urging the government to rethink capital market taxation and not increase the transaction levies. Ahead of finance minister Nirmala Sitharaman’s Budget presentation on February 1, investors and brokerage firms have pitched for measures, they believe would make long-term investing more attractive, particularly for retail…
Even as global economic uncertainity drags down trade, Indian pharmaceutical exporters are seeing growth in Brazil and Nigeria as both countries are emerging as important overseas markets. Data by the commerce ministry data shows that Nigeria has been a major driver of this shift. During the first eight months of the current financial year, exports…
Foreign portfolio investors (FPIs) have pulled out more than Rs 22,530 crore ($2.5 billion) from Indian equities so far this month, continuing a trend of heavy selling that began last year. Back in 2025, FPIs recorded an outflow of Rs 1.66 lakh crore ($18.9 billion), driven by currency volatility, global trade tensions, potential US tariffs,…
While the tariffs are for EU countries, the policy uncertainty under Trump is a reminder for India which is currently negotiating a trade deal with the US. (AI image) US President Donald Trump’s latest threat to impose tariffs on European Union countries – a move openly linked to Greenland, following these countries’ support for Denmark’s…
India to grow at a healthy 7% in 2026-27 despite global uncertainties: CareEdge Even with external uncertainties lingering, the Indian economy is expected to record healthy growth of seven per cent in the upcoming financial year 2026-27, CareEdge Ratings has asserted.The growth momentum, according to the rating agency, will be supported by factors such as…
US Ambassador to India Sergio Gor on Sunday concluded his visit to Mumbai, describing it as a “very successful trip.” He said the engagements helped build strong momentum in trade and other key areas of cooperation between India and the United States.In a post on X, Gor said his engagements in Mumbai reflected the breadth…
Spent a fortune on a coffee machine and those exotic beans to replicate that cappuccino you loved overseas? You are not alone. For many rich Indians, the coffee machine on the kitchen counter is no longer just for making a drink, rather it has become a lifestyle statement, as more people are trying to bring…
European leaders have pushed back against US President Donald Trump’s latest tariff threat, warning that using trade penalties in connection with Greenland is “wrong” and could damage transatlantic ties.Trump, on Saturday, announced a 10% tariff on all goods entering the United States from Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands and Finland,…
