India’s economy grows slowest in five quarters

MUMBAI: India’s economy grew a lower-than-expected 6.6 per cent in the October-December period, the lowest in five quarters, dragged by lower farm and manufacturing growth, government data showed on Thursday. A Reuters poll of economists had forecast a growth of 6.9 per cent for the December quarter, compared with a downwardly revised 7.0 per cent […]

MENA fund managers plan to increase UAE investments

DUBAI: Middle Eastern funds plan to increase their investments in the UAE over the next three months while keeping their exposure to other countries in the region at current levels, according to a Reuters poll. Fund managers expressed optimism in the UAE, with more than half of the 11 polled in February saying they would […]