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July 23, 2024

India proposes $576B budget

NEW DELHI: The Indian government Tuesday proposed a budget of $576 billion for the ongoing fiscal year until the coming March.

The budget was proposed to the parliament by Finance Minister Nirmala Sitharaman, the first since the return of Prime Minis…

Insurers can withstand loss from CrowdStrike chaos: Fitch

ISTANBUL: Insurers could withstand preliminary loss estimates from the recent software incident at US-based cybersecurity provider CrowdStrike, Fitch Ratings said Monday.

“The recent cybersecurity software incident at CrowdStrike is unlikely to have …

Mexico’s retail sales rise 0.1% in May

ISTANBUL: Mexico’s retail sales increased 0.1% in May on a monthly basis, the country’s statistical authority said Monday.

The figure showed a slowdown from April, when it recorded a monthly gain of 0.5%.

On an annual basis, retail sales increased 0…