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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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    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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    Saudi hosts investment forum under Khashoggi shadow

    Saudi Arabia opened an investment conference on Tuesday despite a wave of cancellations from policymakers and business titans over the murder of journalist and government critic Jamal Khashoggi.

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    Pakistan to seek IMF bailout to overcome financial crisis

    After months of speculation, Pakistan's new government has decided to approach the International Monetary Fund (IMF) for financial assistance as it faces an economic crisis marked.

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    India to continue import of oil from Iran: Iranian foreign minister

    India is committed to buying Iranian oil and continuing the two nations' economic cooperation, the Iranian foreign minister said after a meeting with his Indian counterpart and ahead of US.

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    Indo-Pak trade potential stands at $37 billion: World Bank

    India and Pakistan have merely scratched the surface of their bilateral trade potential, as a World Bank report released on Monday estimates that trade between the two countries today is a mere.

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    Stop oil import from Iran or face curbs: US to India

    The US has told India and other countries to cut oil imports from Iran to “zero” by November 4 or face sanctions, making it clear that there would be no waivers to anyone.

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    India faces protests over rising fuel prices

    Roads were empty, businesses were closed and schools shut down on Monday in parts of India, as opposition politicians looking toward elections called for a nationwide strike over rising fuel price.

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    Pakistan’s share in global Islamic banking assets just 1%

    The share of Pakistan-based Islamic banks in global Shariah-compliant banking assets stands at a meagre 1%, according to the State Bank of Pakistan (SBP) on Monday.

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    China using Iranian ships to avoid US oil sanctions

    Reuters quoted unknown sources as saying that Chinese buyers of Iranian oil had created mechanisms to use the ships of the National Iranian Tanker Company (NITC) for nearly all of their imports.

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    Iran warns OPEC members against taking over oil exports

    Member countries should not be allowed to take over another member's share of oil exports, Iran told OPEC on Sunday, repeating concerns about Saudi Arabia’s offer to increase oil production.

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    Saudi Arabia And Iran Reignite The Oil Price War 

    The rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers. The two countries are currently reigniting.

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    Turkey to 'boycott' US electronics

    President Recep Tayyip Erdogan said Turkey would boycott US electronic goods after Washington announced punitive sanctions over the detention of an American pastor.

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    Russia, Iran, and ex-Soviet nations clinch Caspian deal

    Russia, Iran, Kazakhstan, Turkmenistan and Azerbaijan signed a landmark convention on the legal status of the Caspian Sea in the Kazakh city of Aktau on Sunday, after over two decades of negotiations

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