Mumbai: The Indian government is expected to monetize close to Rs2 trillion ($24.1 billion) worth of highways over the next few years, a rating agency has said. With 4,000 kilometers to 4,500 kilometers (2,796.2 miles) of new roads likely to be commissioned annually by the National Highways Authority…
Read MoreThe significant increase in institutional investments in local shares is a reflection of the growing confidence in the UAE markets and their future growth prospects. This confidence is driven by the strength of the UAE’s economic fundamentals, the strong performance of the companies operating in the country, and…
Read MoreAccording to industry sources, Apple led the India-made phone exports in the April-August period, surpassing more than 50 per cent of the total estimated figure for the first time, followed by Samsung. In the June quarter, Apple shipped nearly 50 per cent of the country’s total 12 million…
Read MoreThe pink-hued 2,000-rupee note was introduced in November 2016 to remonetise the economy, after Prime Minister Narendra Modi’s shock decision to remove 1,000 and 500 rupee notes as legal tender overnight, as part of an anti-corruption push. It quickly became a favorite storage of value and the note…
Read MoreApple manufactures iPhones in India and has plans to start making AirPods as well next year, the news wire said. In a first, the Cupertino-based phonemaker launched its India-made iPhone 15 this month on its global release day. Meanwhile, the country is looking to expand its electronics industry…
Read More“We’ve got about 10 billion lined up in balance sheet credit although we haven’t drawn the first six yet because we actually have enough money within our business at the moment from our receipts,” Roshn Group CEO David Grover said in a recent interview. “But we will be…
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