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Reserve Bank of India (RBI) said in its monthly bulletin that high frequency indicators and economic prediction models predict 6.1%-6.23% growth in the second quarter of the current financial year. “In 2022-23, India will grow at about 7% if this
There will be a Pacific-Rim summit taking place in the capital of Thailand this week that will focus on competition between great powers in Asia, inflation, food and energy shortages. Two closed-door sessions will be held Friday and Saturday between
In a landmark report released by Masdar and Abu Dhabi Sustainability Week (ADSW) on the sidelines of the UN Climate Change Conference (COP27) in 2022, the continent could capture as much as ten percent of the global green hydrogen market,
As forecasters warned of many months of contraction ahead, the British economy shrank in the three months to September, official statistics showed on Friday. Despite a smaller-than-expected contraction, gross domestic product fell by 0.2% between July and September, signaling the
The Clean Energy Business Council (CEBC) has welcomed Aldar Properties as a Partner member and will work closely with the organisation to improve energy efficiency. By connecting the public and private sectors, CEBC accelerates the transition towards clean energy in
Binance canceled its acquisition plans for FTX on Wednesday. Binance said in a tweet that it couldn’t help with the problems. FTX, which was valued at $32 billion earlier this year, is now at risk. Sam Bankman-Fried’s crypto empire is
In October, Jordan imported about 405,550 barrels of crude oil from Iraq, an average of 13,000 barrels per day. This is according to Dr. Saleh Kharabsheh, the Minister of Energy and Mineral Resources of Jordan. As he stated in a
In court documents, Twitter, now led by Elon Musk, is accused of violating federal and state laws that require 60 days’ notice of mass layoffs. In a lawsuit filed in San Francisco District Court, five current or former workers are
Asian stocks rose mostly on Friday, led by a 5.8% rise in Hong Kong’s Hang Seng Index on speculation Beijing might start easing pandemic restrictions. As a result of Thursday’s holiday, the Nikkei fell, catching up after Japan’s markets were
To meet the rising global demand for energy, ADNOC Drilling Company has awarded Integrated Drilling Fluids Services (IDFS) a five-year framework agreement valued at up to $1.6 billion. The agreement will help ADNOC expand its lower-cost and lower-carbon production capacity.