Economy

Economy On Track To Meet GDP Targets

by Newsdesk-Top News Economy UAE NewsAugust 2, 2023August 2, 2023

UAE’s GDP records 3.8 per cent growth in Q1 2023 moving closer to the achievement of ‘We the UAE 2031’ vision..reports Asian Lite News The UAE economy is on track…

PayU sets eyes on India

by NewsdeskBusiness Economy India NewsAugust 2, 2023August 2, 2023

PayU’s GPO business provides advanced ecommerce payment solutions for global merchants in over 30 countries across Latin America, Central and Eastern Europe and Africa….reports Asian Lite News Global investment group…

Maruti Suzuki back on track

by NewsdeskBusiness Economy India NewsAugust 2, 2023August 2, 2023

Backed by recent SUV launches, the company has regained leadership position in SUV segment during 1QFY24…reports Asian Lite News After two consecutive years of market share loss, Maruti Suzuki is…

IMF ups India’s 2023 growth projection

by NewsdeskEconomy India NewsJuly 27, 2023July 27, 2023

The forecast for 2024 remained unchanged at 6.4 per cent….reports Asian Lite News The International Monetary fund on Tuesday projected that the Indian economy will grow by 6.1 per cent…

US Fed hikes rates again

by Newsdesk-Top News Economy USAJuly 27, 2023July 27, 2023

It is the 11th interest rate increase since the Fed began its aggressive rate hiking campaign in March 2022…reports Asian Lite News The US Federal Reserve has raised its benchmark…

UAE govt revenue hits Dh115.6B in Q1

by Newsdesk-Top News Economy UAE NewsJuly 26, 2023July 26, 2023

These statistics are an essential element in sound financial analysis, monitoring public expenditures, and play a pivotal role in setting financial programmes and monitoring economic policies…reports Asian Lite News The…

IMF predicts Indian economy to grow at 6.1% in 2023

by Newsdesk-Top News Economy India NewsJuly 26, 2023July 26, 2023

Growth in Japan is projected to witness an increase from 1.1 per cent in 2022 to 1.4 per cent in 2023, showcasing a modest upward revision then slow to 1.0…

UAE: Regaining its Global Construction Hub Status

by NewsdeskEconomy UAE NewsJuly 24, 2023July 24, 2023

Despite the challenges posed by the pandemic, recent announcements and awards have showcased the UAE’s resilience…reports Asian Lite News The construction industry in UAE is experiencing an extraordinary resurgence, marked…

Investors eye US Fed commentary next week

by Newsdesk-Top News Economy USAJuly 24, 2023July 24, 2023

While a 25-basis point rate hike is widely expected, investors will be more interested in the committee’s commentary on future rate actions…reports Asian Lite News The Nifty faced a downturn…

Unprecedented exodus in Pakistan amidst economic turmoil

by NewsdeskBusiness Economy PakistanJuly 24, 2023July 24, 2023

While official figures paint a dire picture, the reality could be even bleaker, as thousands more are believed to be resorting to illegal means to reach Europe…reports Antariksh Singh/Khalsavox Pakistan…

Arab Bank Group Posts Impressive 59% Profit Growth

Iraq, GCC discuss ways to strengthen ties

IMF deal fails to secure Pakistan’s financial stability

Hinduja backs Sunak’s economic plans