Oil prices fall on supply concerns after four days of gains

Benchmark oil prices fell on Tuesday, set to snap a four-day winning streak amid concerns about rising global supplies as OPEC weighs production cuts, reports Reuters.Growing fears of an economic slowdown, which saw European and Asian stock markets tumble again, added further pressure on crude.Brent crude oil futures, the international...

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After Myanmar, Lanka, India may help develop airport in Nepal

After Myanmar and Sri Lanka, India is now trying to help Nepal develop an airport. The state-owned Airports Authority of India (AAI) has already signed agreement to prepare Detailed Project Report (DPR) for Kalay Airport in Myanmar and Palaly Airport, Sri Lanka, according to Hindustan Times.According to two officials familiar...

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Pak ECC approves export of 0.5m tonnes of wheat

ISLAMABAD: Economic Coordination Committee of the cabinet has granted approval for export of 0.5 million tonnes of wheat by the Pakistan Agricultural Storage and Services Corporation, Punjab and Sindh, according to Pakistan-based News.The meeting of Economic Coordination Committee of the Cabinet (ECC) was held in Islamabad on Monday with Finance...

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