Bagerhat ranks second in shrimp production
BAGERHAT, Sept 8 (BSS): Nestled at the edge of the Sundarbans in the country's southern coastal belt, Bagerhat has emerged as Bangladesh's second-largest producer of shrimp, popularly known as "white gold", contributing 27 percent of the national output.Although brackish water is naturally more suitable for shrimp cultivation, the use of...
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Gold hits record high --
Gold's rally extended beyond the $3,600 level for the first time on Monday after soft US jobs data cemented expectations of an interest rate cut by the US Federal Reserve next week, reports Reuters.Spot gold rose 0.9 per cent to $3,617.79 per ounce at 1209 GMT after hitting a record...
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Oil gains after OPEC+ output hike seen modest
LONDON, Sept 8 (Reuters): Oil prices climbed more than $1 on Monday, regaining some of last week's losses, after OPEC+'s output hike was seen as modest and due to concerns over the possibility of more sanctions on Russian crude.OPEC+ flagged plans to further increase production from October but the amount...
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China rare earth exports fall 3.4pc in August
BEIJING, Sept 8 (Reuters): China's rare earth exports in August fell 3.4 per cent from July, customs data showed on Monday.The world's largest producer of rare earths last month exported 5,792 metric tons of a group of 17 minerals used in products vital for autos, consumer electronics and defence, data...
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India, Pakistan face rising basmati prices amid crop losses
MUMBAI/KARACHI, Sept 8 (Reuters): Heavy rains and widespread flooding in basmati rice-growing regions of India and Pakistan have raised concerns over output of the premium staple, driving prices higher as supplies are expected to fall. India and Pakistan exclusively grow aromatic basmati rice, which sells for nearly twice the price...
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