Economy

Washington: Microsoft reported strong financial results for the quarter ended June 30, with net profit rising 31 per cent year-on-year to $35.8 billion,...

New Delhi: The Finance Ministry has said that global developments in artificial intelligence (AI) and the weaponisation of supply chains highlight the need...

New Delhi: Vessel traffic through the strategically important Bab el-Mandeb and Strait of Hormuz remained broadly stable on July 27, with 32 and 15 vessel...

New Delhi: The Indian economy has remained resilient in recent months despite an uncertain global macroeconomic environment, with high-frequency indicators...

New Delhi: Housing sales by value rose 5 per cent year-on-year (YoY) in June 2026, registering a 6 per cent month-on-month (MoM) increase, while expanding 9...

New Delhi: Mark Zuckerberg took aim at Anthropic and OpenAI in an interview with New York Times on Tuesday. The CEO of Meta did not call out Anthropic and...

New Delhi: India's Index of Industrial Production (IIP) grew by 7.3 per cent YoY growth in June 2026, accelerating from a revised 5.0 per cent in May,...

Salalah: The "Safe Investment Journey" initiative, organised by the Financial Services Authority (FSA), Muscat Stock Exchange (MSX), and Muscat Clearing and...

New Delhi: India will soon equip its space launch vehicles with domestically produced semiconductors, according to Union Minister Ashwini Vaishnaw.On...

New Delhi: Only about 10 per cent of founder-led companies reach a $10 billion valuation after crossing the $1 billion mark, while just 2 per cent manage to...