Indian app highlights backlash against Chinese business

New Delhi: India’s top trending free app on Google’s mobile app store, with more than 5 million downloads since late May, is called “Remove China Apps” and does exactly what it says on the label. Its popularity comes amid calls for a boycott of Chinese mobile apps in India as a Himalayan border dispute fuels […]

Big 5 construction show in Dubai postponed to September next year

Dubai: The Big 5 construction show will not be held this year – instead a new set of dates from September 12 to 15, 2021 has been set. This was confirmed by dmg events, the organizer, while the venue remains the same at Dubai World Trade Centre. The new dates also apply to the specialised […]

India’s economic stress levels could be far higher

Mumbai: Stress among Indian lenders may be “deeper and broader” than thought, adding more risks to the already battered economy, according to Moody’s Investor Services.  “A deeper and more prolonged credit crunch would constrain” gross domestic product growth further, and that “in turn would increase the pressure on financial institutions’ balance-sheets,” according to the ratings company. […]