Oil prices fall more than 1pc as Hurricane Rafael risk recedes

LONDON, Nov 8 (Reuters): Oil prices fell on Friday on receding fears over the impact of Hurricane Rafael on oil and gas infrastructure in the US Gulf while investors also weighed up fresh Chinese economic stimulus.Brent crude oil futures lost $1.04, or 1.38 per cent, to $74.59 a barrel by...

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Major reforms underway to improve train ticketing system, combat scalping

The government is undertaking a series of initiatives aimed at making train ticket purchase easier, more transparent, and passenger-friendly, reports UNB. According to Muhammad Fouzul Kabir Khan, adviser to the Ministry of Railways, Bangladesh Railway and the ministry are working together to revamp the system, introducing changes that will also...

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Gold holds firm after US Fed rate cut, softer dollar

Gold prices rose more than 1 per cent on Thursday, helped by a retreat in the US dollar, while the Federal Reserve cut interest rates by a quarter of a percentage point as widely expected, reports Reuters.Spot gold was up 1.2 per cent at $2,691.36 per ounce as of 2:22...

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