Modi, Trump commit to strengthening India-US ties during phone call: MEA

Indian Prime Minister Narendra Modi and US President-elect Donald Trump have reiterated their shared commitment to enhancing India-US relations across a range of sectors, according to a statement from India’s Ministry of External Affairs (MEA) on Thursday. During a phone conversation, Modi extended his congratulations to Trump for his “spectacular victory” in the election, which, […]

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’12 hours of powers cuts daily’: Karachi on streets over electricity, water supply cuts

Karachi residents on Tuesday staged protests after they faced 12 hour power outages and water supply cuts on a daily basis, The Express Tribune reported. They also pointed out that both scheduled and unscheduled load-shedding have significantly disrupted the region’s water supply. Despite filing numerous complaints with the Water Corporation about the power outage schedule, […]

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Afghanistan Received $6.7 Billion in Humanitarian Aid Over 3 Years: OCHA

The United Nations Office for the Coordination of Humanitarian Affairs (OCHA) in Afghanistan has reported that Afghanistan has received $6.7 billion in humanitarian aid over the past three years. The OCHA report also said that aid was provided to 12 million people in Afghanistan in the first six months of this year. According to OCHA […]

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Laya’s lifeline: Horses, community, and economy

In Laya, horses play an important role in supporting the community’s economy. When the region had no roads, horses were the only means of transportation, carrying villagers and their loads across rugged terrain and steep paths that required days of exhausting travel. The road construction project began in the 2012-13 fiscal year. The 24-kilometre stretch […]

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Food inflation in Bangladesh rises to 12.66% in October

Average inflation rose to 10.87% in October, from 9.92% in September. Food inflation soared to 12.66% in October, from 10.40% in September, pushing up general inflation as well. The overall inflation rose to 10.87% in October, from 9.92% in September, according to the latest data from the Bangladesh Bureau of Statistics (BBS) published today (7 […]

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Afghan Saffron Attracts Global Buyers, Secures Million-Dollar Deal

The US Agency for International Development (USAID) announced yesterday (Monday) that a buyer has placed an annual order for 600 kilograms of Afghan saffron. According to USAID, this order was secured at the 2024 Paris  trade show, with an annual sales value reaching $1.07 million. USAID added that this order will bring a positive change […]

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IFRC reports over half of Afghanistan’s population needs urgent humanitarian aid

The International Federation of Red Crescent (IFRC) has reported that Afghanistan continues to face prolonged and complex humanitarian crises. IFRC said in a report published on Tuesday, that about 23.7 million people, more than half of Afghanistan’s population, are in urgent need of humanitarian aid. According to the IFRC, natural disasters, the growing impact of […]

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Measures to ensure 100 percent of jet revenue enters local companies

Transport Minister Mohamed Ameen states measures will be implemented to ensure 100 percent of the revenue earned from handling private jets arriving in the Maldives goes to companies with local shareholders. Speaking at a press conference held at the President’s Office on Tuesday, Minister Ameen underscored that Maldives sees the arrival of a large number […]

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Nepal sees over 900,000 foreign tourists in 2024: Tourism Board

Nepal has witnessed a substantial increase in foreign tourist arrivals in 2024, with 940,732 visitors recorded over the first 10 months of the current fiscal year 2024/25, according to the Nepal Tourism Board (NTB). In October alone, 124,393 tourists arrived, marking a 6.4% rise compared to the same month last fiscal year, when 117,306 tourists […]

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Indian rupee traders less worried about US elections than rest of Asia

The 1-month implied volatility on the dollar/rupee pair was at 2.3% on Monday, a day before the US elections, nearly on par with the year-to-date daily average. The options market is indicating that the Indian rupee traders were not too concerned about the potential flare-up in volatility post the US elections, a distinct contrast to […]

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