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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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April 26th, 2005 - 10:48 GMT

Dubai: Ritz-Carlton Hotel Company, Union Properties to open 330-room hotel

Al Bawaba
April 26th, 2005 - 10:40 GMT

Local businesswoman establishes new facility for exhibition stands in Dubai Techno Park

April 26th, 2005 - 10:40 GMT

Qtel signs agreement for major new submarine communications link for Qatar

Al Bawaba
April 26th, 2005 - 10:38 GMT

AL BUSTAN PALACE HOSTS THE UK’s GUILD OF TRAVEL

Al Bawaba
April 26th, 2005 - 10:37 GMT

Mayo Clinic Middle East Regional Office Sees First Patients

April 26th, 2005 - 10:33 GMT

GCC’s booming banking sector steps up IT spending to deliver value-added services

Al Bawaba
April 26th, 2005 - 10:25 GMT

Middle East needs representation on International Accounting Standards Board

Al Bawaba
April 26th, 2005 - 10:23 GMT

Shell announces winners of Better Environment Awards in Dubai

Al Bawaba
April 26th, 2005 - 10:21 GMT

Reservoir simulation computation time sees dramatic decrease from weeks to hours

Al Bawaba
April 26th, 2005 - 10:20 GMT

Air Canada Selects Boeing 777s and 787 Dreamliner

Al Bawaba
April 26th, 2005 - 10:19 GMT

Aabar IPO hits new record of AED394 billion

Al Bawaba
April 26th, 2005 - 09:56 GMT

Hard times for Moroccan textile industry

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