Rising Pak rupee fails to arrest food price spiral
Pakistani rupee's appreciation against dollar to Rs162.80 from Rs167-168 -- a gain of Rs4 -- from July 1 till to date has not proved beneficial for consumers as stakeholders continued jacking up prices of edible products amid the government's failure to check prices, reports DAWN.Besides, consumers are yet to receive...
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American Airlines plans to return Boeing 737 Max to service
WASHINGTON, Oct 18 (Reuters): American Airlines Group plans to return Boeing 737 Max jets to service for passenger flights by the end of this year depending on certifictaion of the aircraft from the Federal Aviation Administration (FAA), it said on Sunday.The airline said it will operate a daily 737 Max...
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India's gold imports down 57pc in H1 FY21
NEW DELHI, Oct 18 (The Economic Times): Gold imports, which have a bearing on the current account deficit (CAD), plunged 57 per cent to USD 6.8 billion (around Rs 50,658 crore) during the first half of this fiscal amid a slump in demand due to the COVID-19 pandemic, showed data...
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Turkey lifts Black Sea gas field estimate after new find
ISTANBUL, Oct 18 (Reuters): Turkey has raised the estimated reserves in a gas field off its Black Sea coast to 405 billion cubic metres after finding an additional 85 billion cubic metres, President Tayyip Erdogan said on Saturday.Erdogan said in August the field contained 320 billion cubic metres of gas,...
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Ma'aden mines Saudi Arabia's untapped mineral wealth
RIYADH, Oct 18 (Arab News): Saudi Arabia is renowned for its "black gold" hydrocarbon resources, but it is Mosaed Al-Ohali's job to ensure that the rest of the Kingdom's mineral wealth is exploited to the full in the big economic transformation underway as part of Vision 2030.After a three-decade career...
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