India’s budget blowout may see RBI resort to direct financing

New Delhi:  India’s government is running out of options to fund its budget and may soon have to knock on the central bank’s door once again for support. The administration can get the Reserve Bank of India to buy sovereign bonds directly or boost dividends to help supplement revenue, which has been hit by an […]

Dubai tops as region’s top venture capital destination

Dubai: Dubai has taken the top ranking among Middle East and Africa destinations in attracting venture capital from abroad. This is based on rankings put out by fDi Intelligence that tracks venture capital flows. It is also the first time fDi Intelligence has come up with such a listing. London was the most favoured destination […]