Browsing: Business
NEW DELHI: An Indian Rice Exporters’ Federation member company has finalized a commercial agreement to supply 5,000 tonnes of Indian basmati rice to a buyer in the United States, the federation said in a statement issued this week. The federation
NEW YORK: China, Poland, Türkiye and India recorded the largest net increases in official gold reserves from 2020 through 2025, according to World Gold Council figures compiled from official reporting. The multi year changes, measured in metric tonnes, place China
TSHWANE: South Africa’s official unemployment rate fell to 31.4% in the fourth quarter of 2025, its lowest level since the third quarter of 2020, according to Statistics South Africa’s Quarterly Labour Force Survey released on Feb. 17. The rate eased
TOKYO: Japan’s economy expanded at an annualized rate of 0.2% in the October to December 2025 quarter, government data showed on Monday, marking a return to growth after a contraction in the prior quarter. On a quarter on quarter basis,
NEW YORK: Gold prices fell on Tuesday as a firmer U.S. dollar weighed on bullion in a session marked by thin liquidity. Spot gold was down 0.8% at $4,953.90 an ounce by 0345 GMT, after falling about 1% earlier in
NEW DELHI: India’s Union Cabinet has approved a new state-backed venture capital initiative, clearing the Startup India Fund of Funds 2.0 with a corpus of ₹10,000 crore (about $1.1 billion) to mobilize venture capital for the country’s startup ecosystem, the
SHARJAH: Air Arabia (PJSC) reported a record AED 1.8 billion net profit before tax for 2025 and said its board has proposed a cash dividend of 30 fils per share, subject to shareholder approval. The Sharjah-headquartered low-cost airline said the
NEW YORK: Silver prices fell sharply on Thursday, extending a volatile run for the metal as fresh U.S. labor data pushed the U.S. dollar higher and pressured precious metals. Spot silver was down 8.9% at $76.54 per ounce by early
HANOI: Vietnam has set a target for domestic steel output to meet about 80% to 85% of local demand by 2030 under a national strategy approved in Prime Ministerial Decision No. 261/QD-TTg. The decision, signed on Feb. 9 by Deputy
CryptoWire, ABU DHABI: The Central Bank of the UAE has approved the launch of a UAE dirham-backed stablecoin called DDSC, enabling it to go live on ADI Chain, the companies behind the project said on February 11, 2026. The approval