Business

New Delhi : India envisages a near threefold expansion in crude steelmaking capacity to 604 million tonnes (MT) by 2047 and raise finished steel demand to...

Muscat: Islamic banking assets in Oman reached OMR9.8 billion by the end of May 2026, a rise of 9.2% year on year, and the sector now holds close to 19% of...

Muscat: Oman Chamber of Commerce and Industry (OCCI) signed on Monday a Memorandum of Understanding (MoU) with the Uganda National Chamber of Commerce and...

Muscat: Oman’s central bank raised OMR65 million by way of allotting treasury bills on Monday. The value of the allotted Treasury bills include OMR10...

Singapore: Indian Union Finance Minister Nirmala Sitharaman held meetings with senior executives of five global financial institutions and investment...

Muscat: Muscat Stock Exchange (MSX) on Sunday organised a media briefing on the occasion of the Sultanate of Oman's entry to the FTSE Russell watch list,...

Muscat: The MSX index closed at 7,852.11 points, up by 0.25% from previous close. The Sharia Index ended up by 0.30% at 642.68 points. Muscat Gases, up...

Khasab: Nama Electricity Distribution Company continues to implement a package of developmental electrical projects in the Governorate of Musandam.These...

Muscat: The total electricity generation in the Sultanate of Oman increased by 4.3 percent by the end of August 2026, reaching 37,481.8 gigawatt-hours...

New Delhi: The Reserve Bank of India (RBI) could raise the repo rate by 75-100 basis points in the current tightening cycle, with inflation expected to...