India, Uzbekistan Target $5 Billion in Bilateral Trade by 2030

India and Uzbekistan agreed to deepen economic ties by setting a bilateral trade target of $5 billion by 2030 during Prime Minister Narendra Modi's state visit to the Central Asian country, according to a statement from India's Ministry of External Affairs on Sunday.

Modi and Uzbek President Shavkat Mirziyoyev held talks in Tashkent on Sunday, covering trade and investment, innovation and startups, digital public infrastructure and UPI, defense and security, healthcare and pharmaceuticals, and critical minerals.

The two sides also agreed to hold a business summit to boost trade and investment and upgraded their strategic partnership to a Comprehensive Strategic Partnership, according to the statement.

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International13d ago

Saudi Arabia's Private Bank Lending Climbs 5.6% in July

Saudi Arabia's private bank lending grew 5.6% year over year in July, after a 6.8% rise in June, the Saudi Central Bank said Sunday.

^TASI

International13d ago

Saudi Arabia's M3 Money Supply Up 8.2% in July

Saudi Arabia's M3 money supply increased 8.2% year over year in July, following an 8.4% rise in the previous month, the Saudi Central Bank said Sunday.

^TASI

International13d ago

New Zealand Lending Grows in July as Housing, Agricultural Loans Rise

New Zealand's lending from registered banks and non-bank lending institutions increased in July, driven by growth in housing and agricultural lending, while personal consumer and business lending edged lower compared with the previous month, according to data from the Reserve Bank of New Zealand released on Monday.Total housing loans from registered banks and non-bank lending institutions in New Zealand grew to NZ$401.94 billion in July from NZ$400.51 billion in June. Total personal consumer lending fell to NZ$14.43 billion in July from NZ$14.49 billion in the previous month.Total business lending decreased to NZ$142.86 billion in the period, from NZ$143.14 billion. Meanwhile, agricultural lending rose to NZ$65.24 billion in July, from NZ$64.5 billion in the previous month.

^NZ50