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Oil Prices Drop After US Federal Reserve Signals No Immediate Rate Cuts-thumnail

Oil Prices Drop After US Federal Reserve Signals No Immediate Rate Cuts

Crude oil futures fell sharply after the head of the US Federal Reserve indicated that interest rates may not be cut soon, dampening expectations of a boost to fuel demand.

Business

Feb 23, 2024

Dubai Restaurants Expand Overseas as UAE Dining Goes Global-thumnail

Dubai Restaurants Expand Overseas as UAE Dining Goes Global

Dubai is known worldwide for its vibrant dining scene, with restaurants serving cuisines from every corner of the globe. Now, some of the city’s most popular eateries are taking their

Business

Feb 23, 2024

Ready-to-cook rice and yellow peas continue to be essential components in India’s war on food prices.-thumnail

Ready-to-cook rice and yellow peas continue to be essential components in India’s war on food prices.

Imports of yellow peas are now duty-free for an additional month; export taxes on parboiled rice will remain in effect past March India has extended the duty-free import of yellow

Business

Feb 22, 2024

Dubai Airports recognises best employees with new award-thumnail

Dubai Airports recognises best employees with new award

Dubai International Airport, one of the busiest airports in the world, has started a new award to appreciate the hard work of its staff. The award is called the ‘OneDXB

Business

Feb 22, 2024

Zee Entertainment disputes the ‘false’ report about the Rs 2,000 cr accounting error.-thumnail

Zee Entertainment disputes the ‘false’ report about the Rs 2,000 cr accounting error.

Zee Entertainment calls the media’s allegations of a $240 million “accounting hole” erroneous and untrue and disputes them. The troubled Indian broadcaster claims to be working with SEBI and that

Business

Feb 21, 2024

HSBC Bank’s Profits Rise Significantly Due to Higher Interest Rates-thumnail

HSBC Bank’s Profits Rise Significantly Due to Higher Interest Rates

One of the world’s largest banks, HSBC, reported a huge jump in its pre-tax profits for 2023. The London-headquartered financial institution earned $30.3 billion before taxes last year, up nearly

Business

Feb 21, 2024

Metropolitan Group Ranks Among Top Workplaces in UAE-thumnail

Metropolitan Group Ranks Among Top Workplaces in UAE

The Metropolitan Group has achieved its highest ever ranking in the Great Place to Work UAE Index, placing third among large companies in 2024. This recognises Metropolitan’s efforts to create

Business

Feb 21, 2024

Tarun Chhabra will succeed Sanjay Malik as Nokia India’s country manager.-thumnail

Tarun Chhabra will succeed Sanjay Malik as Nokia India’s country manager.

Nokia, the Finnish IT and technology corporation, said on Tuesday that Tarun Chhabra has been appointed as its country manager in India, effective April 1, 2024. He will succeed Sanjay

Business

Feb 20, 2024

JSW Group and Volkswagen are in talks for an electric vehicle joint venture in India.-thumnail

JSW Group and Volkswagen are in talks for an electric vehicle joint venture in India.

This proposed initiative with Volkswagen would be distinct from the joint venture already underway with SAIC Motor Corp., in which JSW Group has a 35% share. According to Moneycontrol, Sajjan

Business

Feb 20, 2024

Hospitality Industry Forecasts 11-13% Revenue Growth in FY25, According to a Report.-thumnail

Hospitality Industry Forecasts 11-13% Revenue Growth in FY25, According to a Report.

The analysis stated that robust demand dynamics, combined with limited new supply, will keep the industry’s operating performance solid in the short future. According to research released on Monday, the

Business

Feb 19, 2024

Air India & Tata Advanced Systems Plan to Invest ₹2,300 Crore in Karnataka-thumnail

Air India & Tata Advanced Systems Plan to Invest ₹2,300 Crore in Karnataka

Air India intends to establish a Maintenance Repair and Overhaul (MRO) facility and “create” Bengaluru as South India’s aviation hub. Air India would invest Rs 1,300 crore to execute maintenance,

Business

Feb 19, 2024

Paytm and Axis Bank to partner for UPI payments-thumnail

Paytm and Axis Bank to partner for UPI payments

Paytm is one of India’s largest digital payment platforms with over 300 million users. However, it has faced some issues recently regarding its payments business. The Reserve Bank of India

Business

Feb 19, 2024


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