Business

Washington, DC: The average US fixed 30-year mortgage rate jumped to 7.12 per cent, reaching its highest level in more than two years, according to Reuters....

Mumbai: The Indian rupee's cumulative depreciation of 13.1 per cent over the past year and a half could prove to be temporary, with the currency potentially...

Mumbai: The Reserve Bank of India (RBI) will sell another Rs 25,000 crore of government securities on September 28 in the final leg of its Rs 1 lakh crore...

New Delhi: Mark Zuckerberg-led Meta has unveiled “Meta VR Glasses,” which it describes as its “most advanced device yet,” combining built-in Meta AI...

Duqm: The volume of committed cumulative investment in the Special Economic Zone at Duqm (Sezad) rose to OMR8.818 billion by the end of last June,...

London: The Ministry of Finance, in collaboration with the Central Bank of Oman (CBO), the Environment Authority, and Oman Centre for Net Zero, conducted an...

Muscat: The 7th Oman Local Content Forum reviewed on Wednesday local content initiatives, support for national products, and national efforts to drive...

Muscat: Oman’s gross domestic product (GDP) growth to reach 3.5% in both 2026 and 2027, supported by resilient non-oil activity and a positive...

New Delhi: India and the Organisation of the Petroleum Exporting Countries (Opec) held the 7th High-Level Meeting of the Opec-India Energy Dialogue to...

Seoul: China’s ChangXin Memory Technologies (CXMT) commenced commercial output on its fifth-generation platform, consolidating its market position against...