Economy

Saudi Arabia sees record $41bn in inbound tourism spending as Vision 2030 projects come to life

the financial -
RIYADH: Inbound tourism spending in Saudi Arabia surged to a record SR153.61 billion ($40.95 billion) in 2024, marking a 13.82 percent annual increase, according...
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Bengaluru’s civic body should get its basics right before vanity projects: Experts

the financial -
While large parts of the city still lack basic infrastructure and many projects remain stalled or incomplete, BBMP—without an elected council since September 2020—continues...
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Nestle, Hindustan Unilever shares decline up to 2% after BofA downgrades FMCG stocks

the financial -
Nestle India and Hindustan Unilever shares fell after BofA downgraded the stocks to 'underperform' from 'neutral' and 'neutral' from 'buy' The shares of FMCG majors Nestle and...
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Economy

‘Relief for middle class’: How India Inc reacts to Union Budget 2025

the financial -
India Inc. has welcomed the new changes in the Union Budget, especially the new reforms to boost private domestic consumption. Here’s what they all...
Economy

Saudi-UK aviation ties set for growth amid investment push

the financial -
JEDDAH: Saudi Arabia aims to strengthen aviation ties with the UK as officials from both countries met to boost investment and collaboration, amid the...
Economy

Closing Bell: Saudi Arabia’s main index closes in green at 12,439

the financial -
RIYADH: Saudi Arabia’s Tadawul All Share Index edged up on Wednesday, gaining 18.84 points, or 0.15 percent, to close at 12,439.48. The main index saw a total...
Economy

Saudi insurance industry thrives with 16.9% revenue growth

the financial -
Revenues surge as motor, medical, and property coverage expand RIYADH: Saudi Arabia’s insurance sector saw a 16.9 percent year-on-year revenue growth in the third quarter...
Economy

GCC trade set to grow 5.5% annually, reaching $2.3 trillion by 2033: BCG report

the financial -
China is set to emerge as the largest growth market for GCC trade, with exchange volumes increasing by $88 billion Japan follows closely, with an...
Economy

Saudi Arabia’s holdings in US treasuries at $135.6bn in November

the financial -
Kingdom’s holdings in US treasuries increased by 5.85 percent in November compared to the same month in 2023 Saudi Arabia is only GCC country to...
Economy

Closing Bell: Saudi main index closes in the green, reaches 12,379

the financial -
RIYADH: Saudi Arabia’s Tadawul All Share Index edged higher on Monday, rising by 47.67 points, or 0.39 percent, to close at 12,379.54. The benchmark index...
Economy

World Economic Forum adds Aramco facility to its Global Lighthouse Network

the financial -
The network recognizes industrial sites that use advanced technologies to boost performance, operations and sustainability North Ghawar Oil Producing Complex is the 5th Aramco facility...
Economy

Low-cost ₹250 SIP to be launched soon: SEBI chief

the financial -
Money raised by real estate investments trusts, infrastructure investment trusts and municipal bonds contributed about ₹10,000 crore to the overall capital raising in the...
Economy

IT services, Pharma sector PAT to grow by 5.8% in Q3FY25: JM Financial

the financial -
Emerging segments like electronics manufacturing services, consumer durables, hotels, and real estate are also forecasted to deliver robust YoY growth The JM Financial coverage universe...
Economy

What’s the outlook for gold this week? Check Gold, silver rate today on January 8 in Mumbai, Delhi, Chennai, Kolkata

the financial -
Gold prices in India are shaped more by global trading trends than by local demand and supply, with markets like London OTC and COMEX...
Economy

Rupee turns flat at 85.79 against US dollar in early trade

the financial -
The rupee turned flat at 85.79 against the US dollar in early trade on Monday as positive domestic equity markets failed to boost sentiment amid sustained...
Economy

Cabinet approves additional subsidy of Rs 3,850 crore for DAP to maintain retail prices

the financial -
The government announces subsidies under the NBS mechanism twice a year before the commencement of kharif and rabi crops sowing. The government on Wednesday extended...
Economy

GST mop-up at Rs 1.77 lakh crore in December

the financial -
The GST Council is likely to discuss rate rationalisation–hiking GST rates for some items while cutting pruning them for others–of about 150 items in...
Economy

Gold set to shine brighter in 2025

the financial -
Prices in the international market have also come down with the spot gold on COMEX hovering around $2,624.50 per ounce, down from $2,801.8 per...
Economy

Rupee slumps 11 paise to 85.75 against dollar in early trade

the financial -
Uptrend in dollar index and US 10-year bond yields weigh on rupeeThe rupee dropped 11 paise to 85.75 against the US dollar in early trade on...
Economy

India hopes to reverse rising trend in steel imports in 2025

the financial -
India is likely to end FY25 as a net importer of steel, with mills anticipating continued headwinds on the export front. Pressure from Chinese imports...
Economy

DFS, GIC and LIC pitch for GST rate rejig on insurance premia but with ITC

the financial -
Input Tax Credit (ITC) helps insurance companies lower their cash outgo for tax payment, which in turn helps the balance sheet As the Group of...
Economy

Gold, silver rate today on December 30 in Mumbai, Delhi, Chennai, Kolkata: Here are latest prices in other cities

the financial -
Gold, silver rate today, December 30: The gold MCX futures contract with the expiry of February 05, 2025, was quoted for Rs 76,536 per...
Economy

Bengaluru Metro fare to increase? FFC report to be submitted to Karnataka Govt – Here’s what commuters can expect

the financial -
The last fare revision occurred in 2017, but with growing footfall and an expanding network, the city’s metro system may soon become costlier for...

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Business

Saudi Arabia sees record $41bn in inbound tourism spending as Vision 2030 projects come to life

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RIYADH: Inbound tourism spending in Saudi Arabia surged to...
Business

Bengaluru’s civic body should get its basics right before vanity projects: Experts

0
While large parts of the city still lack basic...
Crypto

Nestle, Hindustan Unilever shares decline up to 2% after BofA downgrades FMCG stocks

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Nestle India and Hindustan Unilever shares fell after BofA...
Business

Saudi firms announce 2024 financial results amid Eid trading break 

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RIYADH: Multiple companies have released their financial results for...
Banking

Income tax cuts, RBI’s repo rate reduction and more: Here’s how April will impact your wallets

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With a host of financial changes set to take...
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