Is Saudi Arabia Still Affordable? New Data Reveals a Changing Cost-of-Living Story As Saudi Arabia accelerates its economic transformation under Vision 2030, the everyday financial landscape for residents, both citizens and expatriates, is changing rapidly. From housing to groceries, consumer prices are evolving against a backdrop of modest inflation, residential property pressures and shifting wage…
Driving the newsIt began with a tax relief for the middle class. It ended with a slew of reforms that had been put on hold for many years. By December-end, the 2025 turned out to be one of the most consequential years for Indian economy.In one of its busiest legislative sessions in years, parliament cleared…
Gulf countries like Saudi Arabia and the UAE import Australian sand because desert grains are too smooth for high-strength concrete/ Image: MyBayut Sending coals to Newcastle is a phrase from the early 16th century, describing the pointless act of bringing coal to a city that already had plenty. As ironic as it may seem, similar…
India has been the world’s fastest growing major economy for several years now. (AI image) In a major feat, India has moved past Japan to become the world’s fourth-largest economy in nominal GDP terms, according to the government’s year-end economic review. The economy is set to overtake Germany to become the third largest after the…
Gold and silver prices rebounded sharply on Tuesday, driven by fresh buying after heavy profit-booking from record highs, with silver leading the recovery in futures trade.Gold witnessed steady buying on the Multi Commodity Exchange (MCX). The February gold contract rose by Rs 826, or 0.61%, to Rs 1,35,768 per 10 grams, with trading volumes of…
In 2024-25, dividend earnings touched an all-time high of Rs 74,129 crore, far surpassing the budget estimate of Rs 56,260 crore. (AI image) Budget 2026: Dividend inflows to the exchequer from non-financial central public sector enterprises and firms in which the government holds minority stakes are expected to surpass the budgeted estimate for the fifth…
2025 has been an extraordinary year for precious metals, marked by gold gaining nearly 71% and silver surging an impressive 150%. (AI image) By Praveen Singh2025 has been an extraordinary year for precious metals, marked by gold gaining nearly 71% and silver surging an impressive 150%. As 2025 draws to a close, it’s an ideal…
Individuals who fail to complete the process may find their PAN rendered “inoperative” from January 1, 2026. (AI image) PAN-Aadhaar link status update: December 31, 2025 is the deadline for linking your PAN card with your Aadhaar card – an important step if you don’t want your PAN card to become inoperative. The Income Tax…
India is on track to conclude 2025 as one of its most significant years of economic performance, with key macroeconomic indicators reflecting strong growth, low inflation, expanded exports and improved labour market conditions, the government said in its year-end economic review. According to a press note released by the Press Information Bureau, India’s real Gross…
Rupee on Tuesday rose 3 paise to 89.95 against the US dollar in early trade supported by a weaker greenback and strong industrial output data. However, foreign fund outflows, marginally higher crude oil prices and a weak start in domestic equities limited sharper gains, forex traders said. RBI Slashes Rates After Rupee Fall, Boosts Liquidity…
