by Jibran Munaf | August 12, 2024 | Expert Analysis, Market Commentary, News, Real Estate
Residential demand in Dubai saw a significant boost in July, with more than 15,300 units worth AED40.5 billion ($11.03 billion) transacted across the city, according to Emirates NBD Research. Strong Demand for Off-Plan Units The demand for off-plan units has remained...
by Jibran Munaf | August 10, 2024 | Economy, Expert Analysis, News
India needs to further open its economy, privatize banks, and introduce factor market reforms to elevate its growth beyond the 6.5-7% levels, said 16th Finance Commission chairman Arvind Panagariya. “The main reform we need is the privatization of banks,”...
by Jibran Munaf | August 10, 2024 | Finance, Market Commentary, Markets, News
Stocks ticked up Friday as the stock market built on its incredible comeback from Monday’s violent rout. The broad market index ended the week just shy of completely reversing its weekly losses. The S&P 500 advanced 0.47% to finish at 5,344.16. The Nasdaq...
by Vasu Jit Kalia | August 8, 2024 | Guest Columns
New Delhi, Aug 8 (IANS) Senior Congress leader and former diplomat Mani Shankar Aiyar on Thursday said in an interview with IANS that the beleaguered former PM of Bangladesh, Sheikh Hasina had been most cordial to India and the government did the right thing by...
by Jibran Munaf | August 8, 2024 | Economy, Market Commentary, News, Trending Now
JPMorgan Chase CEO Jamie Dimon said Wednesday he still believes that the odds of a “soft landing” for the U.S. economy are around 35% to 40%, making a recession the most likely scenario in his view. When asked by CNBC’s Leslie Picker if he had...
by Jibran Munaf | August 7, 2024 | Editorials
Tax outgo will be lower in the old regime with exemptions if you claim multiple, higher deductions, primarily for home loan interest or house rent allowance (HRA). For low-income earners and others with fewer deductions, the new, simplified regime is more...