Africa

Experts predict India's emergence as 'third pole', despite GDP growth worries [details]

If any major middle-income country is truly outperforming in the coming decades, it's the world's soon-to-be third largest economy (and its largest democracy), India, Eurasia Group said in a report.

Jan 7, 2023

Dubai launches its economic agenda 'D33' for the next 10 years; sets ambitious goals [details]

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, launched the Dubai Economic Agenda 'D33' with the ambitious goals of doubling the size of Dubai's economy over the next decade and consolidating its position among the top three global cities.

Jan 5, 2023

Reliance Industries (RIL) Chairman Mukesh Ambani

Despite economic headwinds, India to become a $40 trillion economy by 2047, says Mukesh Ambani

State Bank of India, on September, suggested that India will become the third-largest economy by 2029

Jan 2, 2023

'Open court hearing on Oct 12', SC on SEBI's review petition against RIL

Demonetisation: SC affirms Centre's action in 2016

Pronouncing the majority judgment, Justice Gavai said that the decision-making process cannot be faulted merely because the proposal emanated from the Central government.

Jan 2, 2023

Forex reserves fall by $691 million to $562.808 billion as of Dec 23

India's foreign exchange reserves fell by $691 million to $562.808 billion as on December 23, while Indians' overseas financial assets fell $43.9 bn in July-Sep period

Dec 31, 2022

Goldman Sachs joins other giants to cut 4K jobs, cites global economy's downturn

The boss of Goldman Sachs has told staff that he will make job cuts early next month, as the US investment bank seeks to improve its profits amid concerns over the global economy, the media reported

Dec 30, 2022

Rest in peace, Pele: Tributes pour in; family, football greats pay respects [details]

In a moving tribute to the man who made football 'the beautiful game', his family put out a message that summed up his life on his official Twitter handle on Thursday morning local time, announcing his death.

Dec 30, 2022

Pele, the original No. 10 of football world: A look at the legend's legacy [read now]

He was the original No. 10 of world football, a number now sported by Lionel Messi and Kylian Mbappe. He was the genius who played the game with passion and was so unstoppable that fouling him was the only option for the numerous defenders that he faced.

Dec 30, 2022

RIP Pele; legend who made football 'the beautiful game' is no more

Pele, 82, passed away in a private hospital in Sao Paulo, Brazil, after spending nearly a month, battling complications related to advanced cancer.

Dec 30, 2022

Income tax exemption limit likely to be enhanced to Rs 5 lakh in 2023-24 budget

The government is likely to enhance the income tax exemption limit to Rs 5 lakh from the existing Rs 2.5 lakh in the forthcoming budget for 2023-24, sources privy to developments said

Dec 29, 2022

Credit offtake in elevated levels: CARE Ratings

The credit offtake in India remained at elevated levels of 17.5 per cent year-on-year (YoY), reporting robust growth for the fortnight ended December 2, said credit rating agency CARE Ratings.

Dec 27, 2022

Financial literacy poor across urban, rural population in country: RBI survey

A general perception is that most of the rural population is not well-versed in digital banking in India.

Dec 27, 2022

Kerala theater releases details of 2022 footfalls, No Malayalam films in top 04 as Kollywood movies steal show

Kerala box-office was majorly dominated by Kollywood and Sandalwood movies in 2022

Dec 27, 2022

Lusail:Argentina's Lionel Messi celebrates with the trophy after winning the World Cup final soccer match between Argentina and France at the Lusail Stadium in Lusail, Qatar, Sunday, Dec.18, 2022

Messi and football: a lifelong love born in Rosario that guided Argentina to a dream World Cup trophy

The house at 525 Estado de Israel street in La Bajada, Rosario, in Santa Fe province - an area of hard-working, humble people -- is where Argentine football star Lionel Messi started, and it has become a pilgrimage site for many fans.

Dec 26, 2022

Comptroller and Auditor General (CAG) of India

CAG report discloses irregularities in corporation tax assessments of certain 'high value' cases

The CAG recommended application of incorrect rates of tax and surcharge, errors in levy of interest, excess or irregular refunds etc. point to weaknesses in the internal controls in the ITD, which need to be addressed.

Dec 22, 2022

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