India’s Gold Demand Reached Pre-Pandemic Levels In Third Season

MUMBAI, Nov 2 (NNN-PTI) – India’s gold demand reached pre-pandemic levels, with Asia’s third largest economy demand for the yellow metal in Jul-Sept, standing at 191.7 tonnes, up 14 percent over last year, according to a report by the World Gold Council, yesterday. Strong consumer interest helped the year-to-date demand…

Australia Lifted Cash Rate To 2.85 Percent Amid 32-Year-High Inflation

SYDNEY, Nov 2 (NNN-AAP) – Australia’s central bank announced yesterday, a back-to-back interest rate hike for seven months in a row, by 25 basis points to 2.85 percent, in a bid to rein in the country’s “too high” inflation. Philip Lowe, governor of the Reserve Bank of Australia, noted in…

Baghdad Int’l Trade Fair Reopened After A Three-Year Hiatus

BAGHDAD, Nov 2 (NNN-NINA) – Iraq, yesterday, opened the 46th Baghdad International Fair, in the Iraqi capital, Baghdad, after a three-year hiatus due to the COVID-19 pandemic. Iraq’s Minister of Trade, Atheer Daoud al-Ghurairy, inaugurated the exhibition, which was attended by more than 363 companies from 13 countries, his ministry…

Indian Auto Companies Saw Robust Sales In Oct

MUMBAI, Nov 2 (NNN-PTI) – Indian auto companies reported robust sales in Oct, the corporate filing on bourses showed, yesterday. “Our sales volume continued to grow in Oct, on the back of strong festive demand,” said Veejay Nakra, president of the automotive division at Mahindra & Mahindra, which sold 32,226…

Int’l arrivals in Vietnam surged in first 10 months

HANOI, Nov 1 (NNN-VNA) – Vietnam saw nearly 2.4 million international arrivals in the first 10 months of this year, increasing nearly 19 times from the same period last year, but still much lower than the pre-pandemic period in 2019, the General Statistics Office, said today. From Jan to Oct,…

Bangladesh Rescheduled Office Hours

DHAKA, Nov 1 (NNN-BSS) – The Bangladeshi government, yesterday, has again rescheduled the office time from Nov, following the previous change which was due to a power crunch. The decision was made at a cabinet meeting, with Prime Minister, Sheikh Hasina, in the chair, Cabinet Secretary, Khandker Anwarul Islam, told…

Pakistani PM Announced Financial Support Package For Farmers

ISLAMABAD, Nov 1 (NNN-APP) – Pakistani Prime Minister, Shahbaz Sharif, announced here yesterday, a financial support package for farmers, to boost the agriculture sector of the country, as well as, provide a helping hand to the farmers in the flood-affected areas. Addressing a ceremony in the Pakistani capital, Islamabad, the…

Business Sentiment In Singapore’s Manufacturing, Services Sectors Worsen: Surveys

SINGAPORE, Nov 1 (NNN-XINHUA) – Two Singaporean government departments yesterday released survey reports on business expectations, respectively, which show worsened business sentiment in both the manufacturing and the services sectors. The Business Expectations of the Manufacturing Sector survey, released by the Economic Development Board (EDB), showed that, a weighted eight…

Iran Sanctioned 10 U.S. Officials, Four Institutions For “Inciting Violence, Interference”

TEHRAN, Nov 1 (NNN-IRNA) – The Iranian Foreign Ministry, announced yesterday that, Tehran has imposed sanctions against 10 U.S. individuals and four institutions, for violating human rights, interfering in Iran’s internal affairs, and inciting violence and riots in Iran. In a statement published on its website, the foreign ministry said,…

India’s Apr-Sept Fiscal Deficit Touched 74.91 Billion USD

NEW DELHI, Nov 1 (NNN-PTI) – India’s federal fiscal deficit, in the first half of the financial year through Sept, rose to 6.20 trillion rupees (74.91 billion U.S. dollars), officials said. According to data, released by the federal finance ministry’s Controller General of Accounts, the government’s fiscal deficit, during the…
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