Tuesday , 23 December 2025

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Stocks settle at fresh record high in India’s Diwali session

Bloomberg Indian shares rallied to a record in the ceremonial evening session to mark Diwali, the Hindu festival of lights, as earnings of some of the country’s biggest companies bolstered optimism for a faster economic recovery. The S&P BSE Sensex and NSE Nifty 50 gauges ended higher in the one-hour session, paced by oil and gas companies. Tata Steel Ltd …

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Real estate contribution to Dubai’s GDP reaches 7.2% in 2019: DLD

DUBAI / WAM Dubai’s real estate sector represents one of the main economic sectors in economic growth, and it actively contributes to the growth of its economy. Over the past years, the emirate has achieved record rates of economic growth driven by the economic initiatives and packages that the Dubai Government is undertaking to raise economic growth and stimulate various …

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Oil pares weekly gain as Covid cases surge

Bloomberg Oil declined for a second session as rising Covid-19 cases threatened to derail demand with tougher restrictions in major US cities on the horizon. Futures fell 2.4% in New York on November 13, but still posted the largest weekly gain in a month as optimism from news of a potential Covid-19 vaccine breakthrough jolted markets earlier in the week. …

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