Record salt production likely but farmers sceptical about fair price
CHATTOGRAM, Dec 20: Salt farmers in the country are expecting a record-breaking salt production in the current season but at the same time they are also sceptical about fair price of their produce. Farmers' sources said they are concerned about implementation of the low price of salt fixed by the...
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Oil falls on demand growth concerns, robust dollar
LONDON, Dec 20 (Reuters): Oil prices fell on Friday on worries about demand growth in 2025, especially in top crude importer China, putting global oil benchmarks on track to end the week down more than 3%.Brent crude futures fell by 32 cents, or 0.4%, to $72.56 a barrel by 1309...
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Asia gold price fluctuation dampens demand in India
Gold demand in India remained subdued this week as volatile prices prompted potential buyers to delay purchases, while higher rates across China are expected to potentially offset upcoming seasonal demand, reports Reuters.After gold prices became highly volatile over the past two weeks, buyers are now adopting a wait-and-see approach, hoping...
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Govt. trying to demolish syndicates: Farida
Despite government's sincere efforts to demolish syndicate, the unholy alliance is still active in the market to manipulate the price of essentials.Fisheries and Livestock Adviser Farida Akhter said this while inaugurating first ever Indigenous Food and Crops Fair at Banoful Adhibashi Greenheart College premises on Friday, reports BSS. "Syndicates still...
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US Fed's caution on rate cuts could cause friction with Trump
WASHINGTON, Dec 20 (AFP): Donald Trump's imminent return to the White House and uncertainty about his policy proposals has begun weighing on the US Federal Reserve, raising concerns of a reckoning between the central bank and the president-elect.Fed chair Jerome Powell acknowledged on Wednesday that Trump's economic platform, which includes...
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