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Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Indian consumers face post-election fuel price shock, economy could be...

India's oil import bill rose by nearly one-third in the fiscal year ending Mar 31 to USD 140.5 bn, against USD 108 bn.

27 April 2019 11:26 AM IST

The opportunity to harness IoT devices and data to deliver more personalized services and tailored experiences enables telecom and media services providers to monetize billions of connections and future-proof their business models.

The 'dark' side of IoT

The bad news is that cyber criminals are always on the lookout to gain unauthorized access to a network, cloud or...

23 April 2019 4:13 PM IST

The NDA/BJP government is looking increasingly cornered on every governance paradigm. However, its weakest link is the gross mismanagement of the Indian economy. (Representational image)

India's growth trajectory holds immense potential for stakeholders:...

Indian economy has been growing over 7 per cent for several years and the forecast for the future is equally robust.

20 April 2019 12:23 PM IST

High growth achieved by India not possible without job creation: Kant

The Niti Aayog CEO also pitched for opening up of mining and coal sectors for boost job creation.

18 April 2019 8:52 AM IST

As per new IMF projections, Indias growth in 2016 is now estimated to be 6.6 per cent as against 7.6 per cent earlier. (Photo: AFP)

Some reforms in India show benefits of digitalisation: IMF

India have shown the benefits of digitalisation which has also reduced the opportunities for discretion and fraud, says...

10 April 2019 10:42 AM IST

The commerce ministry has circulated a draft cabinet note seeking views of different departments on the proposed industrial policy that aims to promote emerging sectors, Union minister Suresh Prabhu said.

Need to develop proper matrix to understand changes in economy: Prabhu

Prabhu said that in 1960s and 1970s, the govt used to provide bulk of the jobs and then came the private sector.

9 April 2019 11:44 AM IST

The inflationary expectations would be seeping even in the core inflation (non-food, non-fuel). Going forward, both external and internal factors would weigh on the mind of the Monetary Policy Committee of the RBI: Assocham

Inflation seen inching up in March, but still below RBI target: report

Consumer prices rose at an annual rate of 2.80 per cent in March, up from 2.57 per cent in February.

9 April 2019 11:22 AM IST

CAIT demanded immediate action against policy defaulter e-commerce companies and impose ban on working of their portal.

Draft e-commerce policy 'inimical' to USD 1 trillion digital economy...

The association was also of the view that "the process of making the policy itself was less than inclusive and open,"

8 April 2019 7:03 PM IST

Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

India's GDP expected to expand 7.5 per cent in 2019-20: World Bank

With robust growth, and food prices poised to recover, inflation is expected to converge toward four per cent.

8 April 2019 4:02 PM IST

Union Railway minister Suresh Prabhu

Need to develop proper matrix to understand changes in economy: Prabhu

Minister Suresh Prabhu said now start-ups too are providing huge job opportunities but the challenge is to capture that...

7 April 2019 2:11 PM IST

At present, Harsh Vardhan Shringla is serving as the Indian High Commissioner to Bangladesh. (Photo: Facbeook | Harsh V Shringla)

India needs to sustain high level of economic growth: Envoy

India's Ambassador to the US Harsh Vardhan Shringla said on Saturday that India represents dreams of more than a billion...

7 April 2019 12:54 PM IST

Union Finance Minister Arun Jaitley addressing a press conference after a cabinet meeting in New Delhi. (Photo: PTI)

India to be third largest economy by 2030: Arun Jaitley

Talking about growth avenues for next 20 years, finance minister listed infrastructure, rural expansion and gender...

6 April 2019 5:16 PM IST