According to a report by the UAE Ministry of Foreign Affairs and International Cooperation, MoFAIC, the UAE’s aid planes have delivered approximately 260 tonnes of medical and food aid to 24 countries since the COVID-19 outbreak, and up to 260,000 healthcare professionals have been assisted by aid flights. Due to travel restrictions, the UAE has ...

Banking stocks took a beating on Friday following developments around YES Bank. The private lender’s board was superseded by the Reserve Bank of India (RBI). Mirroring global peers, the Indian stock market, too, crashed on Friday as a double whammy of Coronavirus jitters and a sharp sell-off in banking space owing to developments around State ...

South Africa’s President Cyril Ramaphosa has warned that the coronavirus will turn into a “national crisis” and its impact will be “huge”. His warning came after the first case of the coronavirus was detected in South Africa. The patient is a 38-year-old man who visited Italy with his wife. This brings to 27 the number ...

While India shows a hopeful picture with robust manufacturing cycle reported, the coming months might be a trying time for the exports, industry experts say. The onslaught of the coronavirus across the globe has shaken up the trade equations everywhere. February has seen a strong manufacturing streak that started at the beginning of the year. ...

India’s growth picture is looking very promising as the Assocham Secretary General Deepak Sood confidently declared that China’s loss will be sure shot gain for India. Sood is confident that India can tap an opportunity in areas of agriculture and carpets. “Barring a few segments, a large number of engineering exports from India can fill ...