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Chaotic tax overhaul in India becoming bad news for truckers

Chaotic tax overhaul in India becoming bad news for truckers

Trucking firms like Caravan Roadways Ltd, which has more than 500 brightly-painted vehicles crisscrossing India, were meant to see immediate benefits from the biggest tax reform in India’s modern history.

RIL to become cash flow-positive: CLSA

RIL to become cash flow-positive: CLSA

Retaining its “buy” recommendation on the Reliance Industries (RIL) stock, global brokerage firm CLSA yesterday...

PBoC seen raising money market rates 3 times in ’18

PBoC seen raising money market rates 3 times in ’18

China’s central bank will make modest increases in money-market rates in 2018 as it aims to keep up the pressure on deleveraging and prevent too much divergence with US policy, ...

MiFID shake-up goes smoothly even as trade volumes dry up

MiFID shake-up goes smoothly even as trade volumes dry up

The biggest regulatory change in Europe in 10 years got off to a comparatively smooth start as the chairman of the European Securities and Markets Authority said he’s seen no teething problems.

Bulls to retain upper hand in EMs this year

Bulls to retain upper hand in EMs this year

Bulls will retain the upper hand in emerging markets this year, though some assets may face a bumpier ride than in 2017.

Bullish Wall Street lifts Asia markets further

Bullish Wall Street lifts Asia markets further

Asian equities continued their positive start to the year yesterday following more record closes on Wall Street, but the dollar faced further selling pressure.

QSE stays above 8,600 level despite minor correction

QSE stays above 8,600 level despite minor correction

The Qatar Stock Exchange on Wednesday remained above the 8,600 level although it witnessed a minor correction owing to selling pressure, especially in insurance, real estate, industrials and consumer goods.

Qatargas-RasGas merger creates state-owned global gas giant

Qatargas-RasGas merger creates state-owned global gas giant

The merger of Qatargas and RasGas will save the country QR2bn in operating costs annually, Qatar Petroleum president and CEO, Saad Sherida al-Kaabi said. The new entity, which is called Qatargas, started operations on January 1.

Iraq’s exports from southern oilfields hit record 3.535mn bpd in December

Iraq’s exports from southern oilfields hit record 3.535mn bpd in December

Oil exports from Iraq’s southern Basra ports rose to a record high of 3.535mn barrels per day (bpd) in December from 3.5mn bpd the previous month, two oil officials said on Monday.

Qatar Insurance Group names its official spokesperson

Qatar Insurance Group names its official spokesperson

Qatar Insurance Group has named Abdulla Yousef al-Mulla as its official spokesperson.

Opec deal doesn’t stop Russia from record oil output in 2017

Opec deal doesn’t stop Russia from record oil output in 2017

Russia’s oil industry continued its long-term expansion last year, with production hitting a record even as President Vladimir Putin joined forces with Opec to clear a global glut and lift prices.

Qatar Chamber issues comprehensive guide for its services

Qatar Chamber issues comprehensive guide for its services

Qatar Chamber (QC) has issued a comprehensive guide for the services it provides to the private sector, in both English and Arabic.

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