
Latest Business News
Qatar Index Rises 1.41% Amid Geopolitical Tensions
The 20-stock Qatar Index rose 1.41% this week despite US-Iran tensions, boosted by Industries Qatar's QR4.3bn net profit adding QR7bn market cap. Trade volumes jumped 21% to 704.5mn shares worth QR2.29bn. Moody鈥檚 affirms stable Qatar banking sector due to growth expectations.
US and India Strike Major Trade Deal
US and India agreed to zero tariffs on key products with India pledging US$500bn in US goods purchases, though aspirational given current US$50bn imports. India may halt Russian oil buys, risking global oil supply tightening and inflation. Deal signals confidence shift post-2014.
India Pushes Reforms for Viksit Bharat 2047
PM Modi emphasized conviction-driven reforms like GST rationalization, new labour codes, nuclear energy bill, and trade pacts with 38 countries. Off-budget changes include Niti Aayog, Article 370 repeal; budget boosts capex by Rs 70 lakh crore. India now competes globally with new confidence.