Business

Mumbai: Indian banks received Rs2 trillion ($29.8 billion) of cash after the government’s November 8 surprise move to abolish high-denomination banknotes,...

Mumbai: India’s biggest aluminium producer Hindalco Industries reported quarterly profit that more than tripled on cost-cutting and a one-time gain, and...

Muscat: His Majesty Sultan Qaboos bin Said has sent a cable of condolences to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud of...

Muscat: His Highness Sayyid Kamil bin Fahd bin Mahmoud Al Said, Assistant Secretary General of the Office of Deputy Prime Minister for the Council of...

Muscat: This year’s National Day will give Oman and its residents a much needed shot in the arm, according to business chiefs. Get your essential daily...

Muscat: To mark the Sultanate of Oman’s 46th National Day, a number of foreign ambassadors posted in the Sultanate have expressed their sincere...

Muscat: A discussion on the ministerial statements of the Minister of Higher Education and the Minister of Manpower will be organised tomorrow, said Sheikh...

Muscat: Oman Society of Contractors, the representative body of contacting firms, has suggested the concept of a bond-like instrument called IOU (I-Owe-You)...

Muscat: Payment delays of completed projects are still adversely affecting contracting companies, with a severe hit on the cash flow and liquidity of the...

Muscat: Oman’s central bank has asked commercial banks to strengthen its non-volatile sources of funding in line with Basel 3 norms in an attempt to avoid...