Economy

Frankfurt: As COVID-19 lockdown gradually eased in the spring, German consumer demand has helped the economy grow. High public expenditure, meanwhile, blew...

Washington: The International Monetary Fund (IMF) announced on Monday that its new allocation of Special Drawing Rights (SDRs) equivalent to 650 billion...

Singapore: Emerging southeast Asian economies are facing intense headwinds from persistent COVID-19 pandemic waves, S&P Global Ratings said on Thursday,...

Mumbai: India Ratings and Research (Ind-Ra) on Thursday revised its GDP growth forecast for FY22 to 9.4 per cent year-on-year and said the economic recovery...

Mumbai: The Reserve Bank of India (RBI) on Friday retained real GDP growth at 9.5 per cent in 2021-22 as domestic economic activity is starting to recover...

Khasab: The total budget allocated to the electricity sector in the Musandam governorate for this year stood at OMR26.3 million, Eng. Muhammad Yousef Al...

Muscat: There was at least 30 per cent increase in the total number of commercial activities recorded in the first quarter of 2021 across the Sultanate’s...

Mumbai: India's exports languishing for quite some time can take advantage of the favourable trade growth outlook of 2021 and consolidate position further...

New York: Inflation in the United States is reaching decade highs, and drawing concerns from investors and experts as well as ordinary consumers, who...

London: Britain's top supermarkets said on Thursday that a so-called coronavirus pingdemic was threatening the country's food supplies.Newspapers carried...