Economy - Asian News from UK

FIIs turn net buyers in India in 2020

With over Rs 55,000 crore net purchase of equities, foreign institutional investors (FIIs) have turned net buyers for the year 2020. So far in November, FIIs have made net purchase worth Rs

November 26, 2020

Business·Economy·India News

Festive spike in E-Com demand lesser than expected: Report

This festive season has seen 30-40 per cent growth in e-commerce volumes with overall growth similar to that witnessed last year. A report by financial services major, Bernstein, said: “While not a

November 26, 2020

Business·Economy·India News

RBI Should let Rupee appreciate: SBI Ecowrap

The Reserve Bank should let rupee appreciate to reduce imported inflation, a SBI Ecowrap report said on Wednesday. According to the report, the US dollar is expected to remain weak due to

November 26, 2020

Economy·India News

Bullion rates on downward journey as vaccines arrive

Futures of gold, which were soaring well above the Rs 50,000 mark till sometime back amid the weak economic scenario, have now started to ease and have fallen below the Rs 49,000-mark

November 24, 2020

Economy·World News

India heading to a current account surplus: K Subramanian

India may witness a current account surplus due to the recent economic reforms announced by the government, said the Chief Economic Adviser, Krishnamurthy Subramanian. Speaking at CII’s MNCs Conference 2020 on Monday,

November 23, 2020

-Top News·Economy

SEBI Chief calls for increased Investor awareness

Emphasising on the need for informed decision by investors, Securities and Exchange Board of India (SEBI) Chairman Ajay Tyagi has said that investor awareness and education play an important role in the

November 23, 2020

Business·Economy·India News

Global transition to renewables affected coal auction: Ind-Ra

The transition to clean energy sources led to subdued participation in the recently concluded first round of commercial coal mine auction, said India Ratings and Research. Accordingly, in a report, the agency

November 22, 2020

Economy

Rupee projected to weaken this week

“74 is a strong support for the USD/INR pair and it is unlikely that RBI will allow it to appreciate much further from 74 mark this week. On the higher side 74.5

November 22, 2020

Business·Economy

Egypt’s Al-Sisi lauds govt’s Covid-19 economic performance

On Thursday, IMF experts said in a statement that “the Egyptian economy has performed better than expected despite the pandemic”…reports Asian Lite News Egyptian President Abdel-Fattah al-Sisi praised the economic performance of

November 22, 2020

-Top News·Arab News·Economy

Asia Pacific Region Leads Global Economic Recovery: Moody’s

“The Asia-Pacific economy is leading the global recovery from the pandemic. The entire region is in recovery, driven by the control of the pandemic, the easing of lockdowns, and the improvement in

November 20, 2020

Economy·World News

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