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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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Bold New Vision for Seamless, Highly-evolved Home Living on Show; Interactive Video Content and Fully Explorable Virtual Booth
August 20th, 2020 - 10:47 GMT

LG Invites Consumers Around the World To IFA 2020 Online

Apple Makes History by Becoming First US Company to Hit $2 Trillion Market Cap
August 20th, 2020 - 10:30 GMT

Apple Makes History by Becoming First US Company to Hit $2 Trillion Market Cap

Gmail, Google Drive Crash for Thousands of Users
August 20th, 2020 - 10:15 GMT

Gmail, Google Drive Crash for Thousands of Users

First-Ever Ford GT Heritage Edition To Celebrate Storied ’66 Daytona Win, Plus 2021 Studio Collection Graphics Package
August 20th, 2020 - 10:11 GMT

First-Ever Ford GT Heritage Edition To Celebrate Storied ’66 Daytona Win, Plus 2021 Studio Collection Graphics Package

LATAM Airlines Laid Off Almost 30 Percent of Employees Since March Due to COVID-19
August 20th, 2020 - 10:00 GMT

LATAM Airlines Laid Off Almost 30 Percent of Employees Since March Due to COVID-19

Japan: Exports Plummet 19.2 Percent Due to COVID-19
August 20th, 2020 - 09:30 GMT

Japan: Exports Plummet 19.2 Percent Due to COVID-19

Taiwan Liberalizes Economy to Become the Asian Financial Hub
August 20th, 2020 - 09:00 GMT

Taiwan Liberalizes Economy to Become the Asian Financial Hub

Samsung and Schoolvoice Sign a MoU To Ensure Effective Distance Learning in the UAE
August 20th, 2020 - 08:39 GMT

Samsung and Schoolvoice Sign a MoU To Ensure Effective Distance Learning in the UAE

UK: Inflation Soars Due to Clothing Retailers Shunning Discounts
August 20th, 2020 - 08:30 GMT

UK: Inflation Soars Due to Clothing Retailers Shunning Discounts

FAB Distributes Nearly Dh4 Million as Part of COVID Relief Measures To Over 6,000 SME Merchants
August 20th, 2020 - 08:21 GMT

FAB Distributes Nearly Dh4 Million as Part of COVID Relief Measures To Over 6,000 SME Merchants

Saudi, Nigerian Presidents Discuss Oil Market Stability
August 20th, 2020 - 08:00 GMT

Saudi, Nigerian Presidents Discuss Oil Market Stability

The first Grand Millennium debuts in Tabuk unfolding the story of Hejaz Railway
August 20th, 2020 - 07:55 GMT

Millennium Hotels & Resorts MEA Expands in KSA

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