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Business NewsAl Raid Group recently launched Oman’s first outlet mall and largest retailtainment vacation spot ‘Al Araimi Walk’ in Barka. The iconic 240,000sqm growth undertaking will set a new benchmark because the nation’s first ever retailtainment vacation spot; and can feature 164 retail outlets, 42 food and beverage shops, seven leisure hubs, a hypermarket, and an IMAX cinema.

Tightening regulations and trade tariffs globally will pressure export-oriented sectors similar to IT services and auto, but the weakening rupee will considerably mute this impact, the report added. The employees of public sector banks will go on a two-day strike from Might 30-31 to protest a ‘meagre’ 2 per cent wage hike provided by the Indian Banks’ Affiliation (IBA).

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The government is now mulling a ‘windfall tax’ on all oil producers like ONGC in an attempt to reasonable gasoline prices. Within the previous interactions, the Prime Minister had heard beneficiaries of free cooking gasoline (LPG) scheme, financial inclusion initiative, start-up enterpreneurs, health scheme and Digitial India.

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