Economy

Muscat: Producer Price Index (PPI) in Oman declined by 3% during the 2nd quarter of 2023, compared to the corresponding period in 2022.Data of the quarterly...

Muscat: Muscat Stock Exchange (MSX) today rang the market-opening bell to mark the first stock trading of Sohar International Bank after its merger with...

New Delhi: Rating agency Moody's Investors Service on Friday affirmed the ‘Baa3’ rating on India and maintained a “stable” outlook.The affirmation...

New Delhi: Morgan Stanley expects retail inflation to moderate to Reserve Bank of India’s 6 per cent upper tolerance target only from November. Retail...

New Delhi: The Reserve Bank of India (RBI) has issued comprehensive guidelines regarding penal charges in loan accounts in an effort to promote fairness,...

New Delhi: The Government of India is developing 11 Industrial Corridor Projects as part of the National Industrial Corridor Programmme across the country...

New York : China's Evergrande Group — once the country's second-largest property developer — on Thursday submitted a bankruptcy petition in New...

Washington: The US economy is unlikely to enter into a recession in 2023, according to the minutes of the Federal Reserve’s July monetary policy review...

New Delhi: The operating environment for Indian banks has strengthened as economic risks associated with the Covid-19 pandemic have ebbed, said Fitch...

Amsterdam: The Dutch economy has fallen into a recession after suffering two subsequent quarters of negative growth, according to official data published on...