Bloomberg India’s economy is on track for its slowest growth since at least 2013, weighed down by a shadow banking crisis, weak investment and a slump in spending. Gross domestic product will grow 5% in the year through March 2020, the Statistics Ministry said in a statement in New Delhi on Tuesday. That is in line with the median estimate …

Bloomberg Oil fell from a three-month high in London as traders waited to see whether the clash between the US and Iran would lead to a disruption in Middle East crude supplies. Brent futures retreated towards $68 a barrel after a two-day surge following a US airstrike that killed a top Iranian general pushed prices above $70 for the first …

DUBAI / WAM Nordic tourists travelling to the GCC from Denmark, Norway, Sweden, Finland and Iceland, are expected to generate an estimated $810 million in travel and tourism revenue by 2024, according to data published ahead of the Arabian Travel Market (ATM, 2020). The latest Colliers International research, commissioned by ATM organiser Reed Travel Exhibitions, predicts the UAE will witness …