President Recep Tayyip Erdogan has confirmed that Türkiye will start paying for some of its Russian natural gas imports in roubles. The announcement was initially made by Moscow late Friday after more than four hours of talks between Erdogan and Russian President Vladimir Putin in Sochi. The United States is …
Read More »Bitcoin rises 3.4% to $24,584; up 39.7% from year low in June
Bitcoin rose 3.36% to $24,584.24 at 1707 GMT on Saturday, adding $798.93 to its previous close. Bitcoin, the world’s biggest, best-known cryptocurrency, is up 39.7% from the year’s low of $17,592.78, hit on June 18. Ether, the coin linked to the ethereum blockchain network, rose 0.61 % to $1,734.08 on …
Read More »China’s homegrown C919 jet nears certification as test planes complete tasks
SHANGHAI: China’s homegrown C919 narrow-body jet, designed to challenge the Airbus-Boeing duopoly, is nearing certification as its test planes completed all of the test flight tasks, the company said on Saturday. The state-owned manufacturer Commercial Aircraft Corp of China (COMAC) said on its official social media account that the six test …
Read More »UAE announces $2 billion investment in hi-tech Indian ‘food parks’ to ease shortages
JERUSALEM: The United Arab Emirates has pledged $2 billion to help develop a series of “food parks” in India to tackle food insecurity in South Asia and the Middle East, the UAE, India, the United States and Israel said on Thursday. Speaking in Jerusalem at a virtual summit with UAE, …
Read More »India tightens flour exports after global wheat shortage
India will impose restrictions on the export of flour in a fresh move to insulate domestic markets from a global wheat crisis. Wheat grain exports were severely curtailed in May to shore up national food reserves following global shortages and surging prices triggered by Russia’s invasion of Ukraine. The Directorate …
Read More »Oil could hit $380 if Russia slashes output over price cap, JP Morgan says
Brent prices could soar to a “stratospheric” $380 a barrel in “the most extreme scenario” of Russia slashing oil production by 5 million barrels per day (bpd) in retaliation to a price cap being considered by the Group of Seven, analysts at JP Mogan said in a note dated July …
Read More »Bitcoin slumps below $23,000 in crypto crash
Bitcoin tumbled on Monday to an 18-month low under $23,000 in a broad cryptocurrency crash, as investors shunned risky assets in the face of a vicious global markets selloff, just seven months after the virtual unit surged to a record high. The world’s most popular crypto asset also took a …
Read More »Russia becomes India’s second biggest oil exporter, trade sources’ data show
NEW DELHI: Russia rose to become India’s second biggest supplier of oil in May, pushing Saudi Arabia into third place but still behind Iraq which remains No. 1, data from trade sources showed. In May Indian refiners received about 819,000 barrels per day (bpd) Russian oil, the highest thus far …
Read More »Naveena Steel lays the foundation for Nayi Soch to help build Naye Zamanay Ki Mazbooti
As a developing country, Pakistan has its own fair share of turmoil, but the drastically rising environmental issues engulfing the state are wreaking havoc, leading the region to face the worse climate crisis of all times. The country is vulnerable to not only economic and political instability but also …
Read More »J&K Bank conducts Customer Meet in Pahalgam
Our progress mainly linked to the growth of businesses in J&K: MD & CEO Srinagar, June 4 (GNS): With customer convenience as the cornerstone of our approach to business, J&K Bank remain fully committed to enhance the value of all stakeholders for, we believe, we are just the custodians of …
Read More »