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ADIS 2026: Abu Dhabi unveils Dh209b infrastructure push for future smart cities

Abu Dhabi witnessed significant international momentum yesterday as the second edition of the Abu Dhabi Infrastructure Summit (ADIS 2026) officially opened at ADNEC Centre Abu Dhabi, bringing together an elite gathering of decision-makers, urban development leaders, investors, financiers, and technology innovators from around the world to explore the future of smart and sustainable cities, and discuss mechanisms for developing more efficient, resilient, and future-ready infrastructure capable of...

Foreign outflow worries ‘overstated’: S&P confident about India amid Middle East crisis

S&P Global has said that the country has adequate financial buffers to manage a wider current account deficit that could emerge because of rising crude oil prices. India’s current account deficit has narrowed over the past few years, although fluctuations in global crude prices now pose a risk to that improvement.

India FX Buffer Is Still Robust to Defend Rupee, Economists Say

India’s foreign-exchange reserves remain strong enough to defend its currency against the Iran-war driven oil shock, with buffers well above stress levels seen during the taper tantrum, according to economists.

Vistry cautions over steep fall in half-year profits

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Should you buy jewellery stocks now or wait after the customs duty hike?

Should you buy jewellery stocks now or wait after the customs duty hike

India launches $1.5 billion maritime insurance pool - Emirates 24|7

India launches $1.5 billion maritime insurance pool  Emirates 24|7

Gold price prediction after duty hike: Will price rally of today sustain in coming days?

Gold price prediction today: Gold and silver prices are rallying in the domestic market due to the sudden hike in import duties. In the coming days they are expected to align closer to the international prices, says Vedika Narvekar, Research Analyst - Commodities & Currencies, Anand Rathi Shares and Stock Brokers.

Jamie Dimon, CEO of America's largest bank JPMorgan is worried about stock market

JPMorgan Chase CEO Jamie Dimon expressed concern over market exuberance, warning investors may be overlooking geopolitical and economic risks like US-Europe trade issues and Middle East tensions. Despite strong trading volumes benefiting Wall Street, Dimon cautioned that broader market optimism might be unjustified.

Russia fulfils obligations to supply energy to India, other partners — top diplomat

The Russian foreign minister added that cooperation on the construction of new power units for this nuclear plant is continuing

Modi’s Belt-Tightening Push Raises Pessimism Around India Stocks

Prime Minister Narendra Modi’s push to curb fuel and gold consumption has added to uncertainty in India’s already weak stock markets, raising concerns that moves meant to protect the economy may end up cooling overall spending.

Labour blamed for delaying 100 million barrels of North Sea oil as investment 'could collapse before 2030'

Labour has been accused of stalling the development of one of Britain's largest remaining North Sea oil and gas projects as industry leaders warn delays could jeopardise billions in investment and future tax revenues.The Buchan area, estimated to contain around 100 million barrels of oil and gas reserves, was originally expected to begin production this year under plans developed by Jersey Oil and Gas and its partners.Instead, the project has faced mounting uncertainty following Government inter...

Report: West Asia war not hurting India inflation yet; flags fuel and crop risks ahead

India's retail inflation remains largely unaffected by West Asian conflict, with SBI retaining its FY27 forecast at 4.5%. While imported inflation eased slightly, rising food prices, particularly tomatoes, are a key driver. Future trends hinge on energy price pass-through and summer crop progress, with the RBI flagging upside risks.

Abu Dhabi's Phoenix Group partners with DC Max to unlock $8 billion European AI data center opportunity, with Lyon, France as first deployment

Phoenix Group PLC (ADX: PHX), an IHC portfolio company and global digital infrastructure operator, today announced a strategic partnership with DC Max to develop its first European AI data center, an 18MW facility in Lyon, France.The project is the inaugural deployment of Phoenix's European Data Center Platform, a scalable framework targeting over 1GW of combined AI and HPC capacity across Europe and the GCC.Phoenix sees this move as a direct extension of the UAE’s national AI ambition, an Abu D...

Tata Power shares crashed over 6% today. Should you buy?

Tata Power shares crashed over today Should you buy

Customs duty rises on gold, silver: Will buying slow or stay strong?

Customs duty rises on gold silver Will buying slow or stay strong

FirstRand Picks BofA, RMB to Advise on Sale of UK Aldermore Unit

FirstRand Ltd. hired Bank of America Corp. and its own investment-banking arm, Rand Merchant Bank, as advisers to help it sell its UK-based Aldermore Group and exit the European market, a spokesperson for the South African lender said.

नोएडा एयरपोर्ट से घटा यूजर चार्ज, दिल्ली से सस्ती होंगी उड़ानें!

How UAE parents are coping with school costs

Dubai: For many families across the UAE, school fees remain one of the most important household commitments, with parents carefully planning finances to ensure their children continue receiving quality education.From tuition and transport fees to books and uniforms, education expenses require thoughtful budgeting. While some families say managing costs has become more challenging in the current situation, many parents are adapting by prioritising essential spending, planning ahead, and appreciat...

Dubai traffic alert: Accident causes congestion on Al Khail Road towards Abu Dhabi

Dubai: Traffic congestion was reported on Al Khail Road heading towards Abu Dhabi on Wednesday following an accident, Dubai Police said.The authority urged motorists to exercise caution and take alternative routes to avoid delays.Get updated faster and for FREE: Download the Gulf News app now - simply click here.In an earlier post, police said an accident was obstructing traffic on Al Khail Street after Meydan Bridge towards Abu Dhabi, with congestion building in the area.Motorists were advised...

India hikes gold, silver duties to protect sliding rupee

India has boosted its import tariffs on gold and silver in an effort to shore up the sagging value of the rupee and bolster foreign currency reserves hit by war in the Middle East. Gold imports are financed through dollars, which means buyers have to spend down foreign reserves or convert rupees to make purchases. Prime Minister Narendra Modi had already appealed days ago to the public to avoid buying gold for a year as the rupee’s year-long slide against the dollar has worsened during the Iran...