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    Iran’s economy reveals power and limits of US sanctions

    Today, no sector of Iran’s economy has been spared by Washington’s punitive measures, which helped propel the country into a two-year recession and continue to impact every aspect of day-to-day life.

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    India unveils higher spending for infrastructure in growth budget

    India's government will step up spending to 39.45 trillion rupees ($529.7 billion) in the coming fiscal year to build public infrastructure and drive economic growth, it said on Tuesday.

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    In a first, UAE to lift tax-free status, brings new rules on corporate earning

    The United Arab Emirates plans to introduce a federal tax on corporate earnings for the first time next year, in its latest step toward dismantling a levy-free regime.

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    Indian economy contracts by 6.6 per cent in 2020-21

    Indian economy contracted by 6.6 per cent in 2020-21 on account of outbreak of Covid-19 and subsequent nationwide lockdown to contain the coronavirus pandemic.

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    Iran offers rare glimmer of hope as $100 oil looms

    Oil prices are on track for their biggest monthly gain in almost a year following a series of retaliatory attacks by Yemeni forces in the UAE and Saudi Arabia.  

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    Lankan dash brand enters international markets

    Multichemi International Ltd, which manufactures and distributes a wide range of products under dash, one of Sri Lanka’s leading detergent and household care brands, has begun exporting its products.

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    ComBank named ‘Most Sustainable Bank in Bangladesh’

    Commercial Bank Bangladesh, Commercial Bank of Ceylon’s largest overseas operation, has been adjudged the ‘Most Sustainable Bank in Bangladesh’ at the close of 2021.

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    Iran, Russia to ditch dollar in bilateral trade

    Chairman of the Iran-Russia parliamentary friendship group says that Tehran and Moscow have reached good agreements in various fields. Ebrahim Rezaei told local media on Sunday.

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    'Unprofessional Move':Iran After Adani Ports Ban Container Trade

    Iran has criticised the decision to ban the import and export of containerised cargo from Iranian ports to all terminals by India’s private largest port operator, Adani Ports.

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    India sells struggling Air India back to Tata group in $2.4bn deal

    MUMBAI: Tea-to-software Indian giant Tata is buying back Air India, 89 years after founding it as Tata Air and half a century following its nationalisation, the government said on Friday.

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    Hezbollah Brings Iranian Fuel to Lebanon Defying US Sanctions

    The first of several truck convoys carrying one million gallons of Iranian fuel arrived in Lebanon from Syria on Thursday in defiance of US sanctions to help ease crippling fuel shortages

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    As Afghanistan’s central bank governor flees, currency drops

    Afghanistan’s central bank acting governor departed the country as Taliban fighters took control of the capital, with the rising political turmoil pushing the nation’s currency to a record low.

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    Afghan Fallout: Is Chabahar Now A Dead Investment For India?

    India has emerged as the sore loser of recent developments in Afghanistan if one considers New Delhi’s foot-dragging on a major port project in southeastern Iran.

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    India Considers Sharp Import Tax Cuts On EVs After Tesla Lobbying: Report

    India is considering slashing import duties on electric cars to as low as 40%, two senior government officials told Reuters, days after Tesla Inc's appeals for a cut polarised the country's auto industry.

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    Pandemic driving innovative ways to run businesses

    The COVID-19 pandemic has prompted the discovery of new ways to do business to survive, said the President of the Brunei-China Friendship Association (BCFA) Dr Muhammad Firdaus.

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    Coronavirus likely to lock India's women out of job market for years

    Savitri Devi has been searching for work since she lost her job at a garment factory in New Delhi, along with half her co-workers, when sales plummeted at the start of.

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    New oil terminal gives Iran greater geopolitical power

    The $2 billion Jask terminal officially became operational by loading 300,000 barrels on an oil tanker last Thursday, with President Hassan Rouhani hailing it a "historic day" when Iran.

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    China mulls turning tutoring companies into non-profits

    China is considering asking companies that offer tutoring on the school curriculum to go non-profit, according to people familiar with the matter, as part of a sweeping set.

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    Zomato IPO catapults founder towards list of Indian billionaires

    A 66% stock jump on debut turned Zomato Ltd founder Deepinder Goyal into a poster boy for India’s fledgling startup scene, pushing his fortune close to the $1bn mark.

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    US says India "remains challenging place" to do business

    India "remains a challenging place" to do business, the US has said, urging it to foster an attractive and reliable investment climate by reducing barriers to investment

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    Global stocks on worst run in 18 months amid Covid-19 surge

    Investors moved away from risky assets on Monday as a rise in worldwide coronavirus cases crushed bond yields and left stocks facing losing streaks, with Wall Street falling more than 1%.

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    Ben & Jerry’s to stop sales in occupied Palestinian territories

    Ben & Jerry’s ice cream said Monday it was going to stop selling its ice cream in the Israeli-occupied West Bank and East Jerusalem, saying the sales are “inconsistent with our values”.

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    Iran opens oil terminal to bypass strategic Strait of Hormuz

    Iran has started loading crude from a new oil export terminal built just outside the Strait of Hormuz, a key waterway which accommodates a fifth of the global oil supply.

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    Carlos Ghosn, Mum on Tokyo Escape, Unleashes a Rambling Defense

    Nissan's fugitive ex-boss Carlos Ghosn made his first public appearance since being smuggled out of Japan , saying Wednesday he fled a “nightmare” that would not end and vowed to defend his name wherever he can get a fai

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