India’s services, manufacturing’s export potential untapped; FDI a concern: World Bank South Asia chief economist

World Bank economist Franziska Ohnsorge highlights India’s significant untapped potential in services and manufacturing exports for foreign investors. Computer services exports surged 30% post-ChatGPT, indicating strong opportunities, while manufacturing faces constraints from limited trade agreements. Although private investment growth remains robust, India’s FDI to GDP ratio is notably weak by international standards.

Read More

Dubai police warn against fake part-time job scams: Why easy money could cost you everything

Dubai Police have alerted the public about a significant increase in fraudulent online advertisements offering lucrative part-time job opportunities. These scams exploit job seekers, often involving them in illegal activities like money laundering. Authorities advise verifying recruiters, avoiding sharing sensitive personal details, and reporting suspicious ads to safeguard individuals and the wider community from financial…

Read More