Economy

Brussels: Costly energy, rising inflation and higher borrowing costs together threaten to weaken Europe's economic recovery by squeezing household spending...

New Delhi: The World Bank has raised its forecast for India's economic growth in FY27 to 7.1 per cent from 6.6 per cent earlier, citing...

New Delhi: Wireless data usage in India rose sharply by 24.74 per cent during 2025-26, even as the revenue earned by telecom operators per gigabyte of data...

New York: Indian Commerce and Industry Minister Piyush Goyal held separate meetings with senior executives of AIA Group, General Atlantic and IBM in the US,...

New Delhi: The Reserve Bank of India is seen beginning a rate-hike cycle that could take the repo rate to 6 per cent by the end of FY27, as rising...

Manama: The Sultanate of Oman participated on Monday in the 37th meeting of the Petroleum Cooperation Committee of the GCC, held in the Bahraini capital,...

Muscat: The trade balance of the Sultanate of Oman recorded a surplus of OMR5.5 billion by the end of July 2026, compared to a surplus of about OMR3.6...

Muscat: Oman’s central bank raised OMR19.7 million by way of allotting treasury bills on Monday.The value of the allotted treasury bills include OMR16...

Muscat: Petroleum Development Oman (PDO) celebrated on Monday in Muscat the graduation of the 21st batch of the Emdad programme, which comprises 366 Omani...

Taipei: Taiwan Semiconductor Manufacturing Co. (TSMC) is in talks over a potential role in Elon Musk’s planned Terafab foundry in Texas, with the...