UAE and Scotland Sign Investment MoU: What Does This Mean for Global Business? In a significant development for global investment flows, the United Arab Emirates (UAE) and Scotland have signed a pivotal Memorandum of Understanding (MoU) to deepen bilateral investment cooperation, broaden economic ties and unlock new opportunities for businesses in both nations. The agreement,…
Late letters are causing distress to some in Britain and fueling criticism of its 500-year-old postal service. Source link
Union Budget 2026–27 is just a day away and investors are seeking clarity on whether stock markets will operate or remain shut. The Budget is scheduled to be presented on February 1, which falls on a Sunday, raising questions over market activity as stock exchanges typically remain closed on weekends. Will stock market remain closed…
The U.S. stock market has become so concentrated that even broad index funds are no longer well diversified, our columnist says. Source link
Mumbai: The rupee slipped to a record low in late trade on Friday, capping its worst monthly performance since Sept 2022, as persistent foreign portfolio outflows and strong corporate dollar demand continued to weigh on the currency despite intervention in the forex market.The rupee fell nearly 210 paise in Jan. The local unit touched an…
President Trump is set to announce his choice to replace Jerome H. Powell as chair of the Federal Reserve, saying it is someone “known to everybody in the financial world.” Source link
The United States has told India it can soon resume purchases of Venezuelan oil to reduce its reliance on Russian crude, Reuters reported. India had pledged to slash Russian oil imports after Washington imposed higher tariffs linked to those purchases.The move is part of a broader US effort to redirect India’s oil imports away from…
President Trump announced Kevin Warsh as his nominee to succeed Jerome H. Powell as chair of the Federal Reserve. Our reporter Colby Smith explains why the choice matters for the economy. By Colby Smith, Melanie Bencosme, Sutton Raphael, June Kim and Thomas Vollkommer January 30, 2026 Source link
New Delhi: With a focus on creating jobs in the private sector, the World Bank on Friday announced a new country framework for India with an annual support of $8-10 billion over the next five years, using its full range of instruments and mobilising private sector capital at scale.The new framework was unveiled after FM…
The decision to nominate Brett Matsumoto, a career government economist, came six months after the president fired the previous commissioner. Source link
