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BUSINESS

BUSINESS latest

Indian Rupee hits record low as oil shock tests RBI’s firepower
April 30th, 2026 - 08:49 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Indian Rupee hits record low as oil shock tests RBI’s firepower

ALBAWABA- India’s currency is under renewed strain, with the rupee sliding to a record low against the U.S. dollar in late April, intensifying pressure on the Reserve Bank of India to steady markets while shielding the broader economy. The rupee weakened to around 96 per dollar on Thursday, marking a sharp decline from levels near 91–92 earlier this year and extending a multi-year slide that has eroded more than 12% ...
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The FBI has launched a review of the award process for World Cup bids for Russia and Qatar as part of a larger probe beyond FIFA's indictments. (AFP/File)
June 4th, 2015 - 12:33 GMT

FBI to investigate Qatar, Russia World Cup bids after FIFA scandals

Partner Communications Ltd. is considering ending its agreement with Orange after its CEO said the company wished to distance itself from Israel. (AFP/File)
June 4th, 2015 - 11:24 GMT

Israeli mobile carrier mulls dumping Orange brand, suing after CEO boycott comments

A man walks along a road at a pasture in Kazakhstan situated along the ancient Silk Road. (AFP/File)
June 4th, 2015 - 10:46 GMT

Iran, China work to resurrect Silk Road

Four Seasons Hotel Amman
June 4th, 2015 - 10:38 GMT

Four Seasons Hotel Amman - The Best in Amman for Business or Pleasure

flydubai
June 4th, 2015 - 10:31 GMT

Gizan and Jouf join flydubai’s network

Al Bawaba
June 4th, 2015 - 10:25 GMT

Lebanese minister urges incentives, tax exemptions for industrialists

Bali
June 4th, 2015 - 09:47 GMT

Emirates touches down in Bali

Al Bawaba
June 4th, 2015 - 09:39 GMT

Arab buyers venture beyond the 'golden postcodes' of London

Al Bawaba
June 4th, 2015 - 09:21 GMT

Emirates Airline lists $913M sukuk on Dubai stock exchange

Al Bawaba
June 4th, 2015 - 09:05 GMT

OPEC: united or divided?

Al Bawaba
June 4th, 2015 - 08:56 GMT

FGP and the General Directorate of Civil Defence team up to tackle the issue of fire safety

Al Bawaba
June 4th, 2015 - 08:53 GMT

Everything's smart in the future of IT

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