Sitharaman said that bio fuel effective usage and production of ethanol for being environmentally friendly is also being incentivised.
Finance Minister sees GDP growth in negative zone or near zero in current fiscal
NEW DELHI: Finance Minister Nirmala Sitharaman on Tuesday said there … economy in the first quarter of current fiscal (April-June), she added. Speaking at the India Energy Forum of CERAWeek, she …
Sheldon Adelson’s Last Roll of the Dice May Be His Boldest
Sheldon Adelson, the billionaire founder of Las Vegas Sands Corp., is considering a $6 billion sale of the Nevada casinos that made his fortune, people familiar with the matter told Gillian Tan and …
Jordan retains finance minister Al Ississ in new cabinet
Jordan’s Finance Minister Mohamad Al Ississ was reappointed in a new cabinet sworn in on Monday, underlining the country’s commitment to ambitious economic reforms backed by the International Monetary …
Philippines may face pandemic debt shock in 2021 – Moody’s
Moody’s Investors Service says that while the Philippines may ‘reap significant savings’ due to the weakening of the US dollar, the deterioration of ‘fiscal metrics’ would offset the benefits …
Qatar-Owned Quintet Builds Out Family-Office Unit With Key Hires
(Bloomberg) — Qatar-owned Quintet Private Bank SA has made key hires from rival banks as it builds out a business to manage the family wealth of entrepreneurs. The Luxembourg-based group said it …
Philippines c.bank sees signs of recovery, disinclined to ease further
The Philippine central bank does not see an immediate need to ease monetary policy further given the slew of indicators that point towards economic recovery from the contraction caused by the …
Singapore’s unique ‘collective sales’ lose appeal to investors even as housing market shows signs of early recovery
The Covid-19 pandemic has dulled investors’ appetite for choice pieces of property in Singapore even as the property market of the Southeast Asian financial hub is likely to be one of the first to …
Gulf economies set for steep contractions this year before rebounding: Reuters poll
The six-member Gulf Cooperation Council faces a steep economic contraction this year before partially rebounding in 2021, with most countries facing sharper declines than previously estimated, a …
The Real Winner of the Work-From-Home Economy
The economy expanded 1.9% in the third quarter from the prior three months, the government reported Tuesday, exceeding forecasts and the first positive reading this year. Growth retreated 1.3% on an …