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    Fearing West's Wrath, Russia's Rich Look To Stash Wealth In Dubai

    Rich Russians are trying to shift some of their wealth from Europe to Dubai to shield assets from a tightening wave of Western sanctions on Russia over its invasion of Ukraine, financial and legal sources said.

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    Iran uses energy diplomacy to shore up regional alliances

    Energy is the "very significant" focus of the trip by President Ebrahim Raeisi to Qatar to attend a regional gas conference and boost political and trade relations with Persian Gulf countries. 

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    Rahul Bajaj: A look at the timeline of India's top Industrialist

    Rahul Bajaj, the man who made brand Bajaj a household name through scooter models like Chetak and Priya and the ubiquitous Bajaj three-wheeler auto, passed away at 83 on Saturday.

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    Iranian engineering firm wins major contract in India

    An Iranian engineering consultancy firm has been awarded a contract in India to carry out a major water management project east of the country near the Bay of Bengal.

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    Toyota To Domino's: Kashmir Controversy Entangles More Companies

    Global automaker Toyota Motor and fast food chain Domino's Pizza are among half a dozen companies that have apologized to India for social media posts from their Pakistani partners expressing support for Kashmir.

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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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    India,Afghanistan start air freight corridor to bypass Pak

    An aircraft packed with 60 tons of Afghan plants with medicinal uses marked the opening of the first air cargo corridor between Afghanistan and India on Monday.

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    Qatar won't cut off gas to UAE despite diplomatic dispute: CEO

    Qatar will not cut off gas to the United Arab Emirates despite a diplomatic dispute and a "force majeure" clause in its contract, the chief executive of Qatar Petroleum told Al Jazeera network, two weeks.

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    Qatar's dispute with Arab states lifts oil prices, may affect Moody's credit rating

    Saudi Arabia and key allies on Monday cut ties with Qatar, the world's top seller of liquefied natural gas (LNG), accusing it of supporting extremism and sending shockwaves through the energy industry.

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    India’s annual growth slows to 7.1pc after controversial note ban

    India’s growth slowed to 7.1 per cent last year, according to official data released on Wednesday, weaker than analysts expected but still the fastest rate of growth of any major economy.

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    Rs 5.3 lakh crore in black money flowed out of India in 2007 – enough to link the country’s rivers

    About Rs 5.3 lakh crore (at the current exchange rate of Rs 64 a $) flowed out of India illegally in 2007, a government-commissioned report on black money has revealed. The amount is 5% less than.

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    Pak, China plan to upgrade vital railway link

    China and Pakistan have agreed to jointly modernize 1,600-kilometer vital railway link connecting southern and northern Pakistan as part of a move to push forward construction of the China-Pakistan Economic Corridor.

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    India’s cotton area to hit 3-year high as prices rally

    Cotton planting in India, the world’s biggest producer of the fibre, is likely to rise by 15 per cent in the 2017-18 marketing season to a three-year high as farmers switch away from other crops.

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    Pakistan, Japan sign $24m accord for energy project

    Pakistan and Japan signed here on Thursday a loan agreement amounting to $24 million for the implementation of the second phase of ‘Islamabad-Burhan Transmission Line Reinforcement’ project.

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    Turkey's Tourism Revenues Continue to Slide in Q1

    Turkey’s tourism revenue reached $3.4 billion in the first quarter of the year with a 17.1% year-on-year decrease, amid the continuing decline in the number of foreign arrivals.

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    First direct London-China train completes 12,000km-run

    The first freight train to link China directly to the UK arrived in the eastern Chinese city of Yiwu Saturday after covering over 12,000-kilometres (7,500 miles), making it the second-longest route in the world.

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    Russia, India eyeing to tap Pakistan gas market

    As Russia fears losing markets in the European Union (EU) because of the ongoing tussle with the United States (US) and European Union over the Ukraine issue, India is looking to capture Pakistan’s market.

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    Russia lifts visas for tourists from Iran, 17 others

    "We are proactively forming the modern infrastructure and creating special regimes in the Far East; the law on visits to the Vladivostok free port was approved in March," Medvedev said.

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