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Business & Economy

USA: Looking at 'options' on diplomatic presence in Afghanistan after Aug 31

Washington, Aug 26 (PTI) The US has said it is looking at a number of "options" on its diplomatic presence in Afghanistan after the August 31 withdrawal deadline.

August 31 is the cut-off date set by both the US and the Taliban for America's pullout from the war-torn country.

"With regard to our own potential presence going forward after the 31st, we're looking at a number of options, Secretary of State Antony Blinken told reporters at a press conference on Wednesday.

Yahoo shuts down its news sites business in India

New Delhi, Aug 26 (PTI) Yahoo has shut down its news websites in India due the new foreign direct investment (FDI) rules that limit foreign ownership of media companies that operate and publish digital content in India.

This includes Yahoo News, Yahoo Cricket, Finance, Entertainment and MAKERS India. This, however, will not affect users' Yahoo e-mail, and search experiences in India.

India: Farmers' national convention to mark 9 months of protest

New Delhi, Aug 26 (PTI) The national convention by farmers to mark completion of nine months of their agitation against the three contentious farm laws began at the Singhu border on Thursday.

The two-day-event that will see participation from 1,500 delegates across organisations of farmers, women, youth, and labourers, is aimed at intensification and expansion of the ongoing movement against the Centre's farm laws.

Egypt pressuring Hamas to cancel protests near Israel fence

25 Aug 2021; MEMO: Egyptian authorities have been pressuring Hamas to cancel planned demonstrations at the fence separating Israel from the besieged enclave, Al Maydan News revealed yesterday.

Reporting a Palestinian source, Al Maydan said that the closure of the Rafah Crossing, which came into effect on Monday, is part of efforts to pressure Hamas.

India: FM announces Rs 6 lakh cr asset monetisation pipeline

New Delhi, Aug 23 (PTI) Finance Minister Nirmala Sitharaman on Monday announced a Rs 6 lakh crore National Monetisation Pipeline (NMP) that will look to unlock value in infrastructure assets across sectors ranging from power to road and railways.

She also said the asset monetisation does not involve selling of land and it is about monetising brownfield assets.

Projects have been identified across sectors, with roads, railways and power being the top segments.

India: Afghan crisis leads to rise in dry fruits' rates at Kanpur market

Kanpur: Surge in rates of dry fruits has been noticed in the market here. Speaking on this matter, Alankar Omar, Vice president of Nayaganj dry fruits market, said, " The prices of dry fruits here have increased as imports from Afghanistan have been disrupted."

Adding his points he went on saying, "We know a bit about the crisis of that country. We import pistachio, almond, fig, dried apricots from Afghanistan. The prices have increased by almost 15-20 per cent."

UK says Russia, China needed for 'moderating influence' over Taliban

22 Aug 2021; MEMO: Britain would have to turn to Russia and China to exercise a "moderating influence" over the Taliban, despite a mistrust between the UK and those governments, Foreign Secretary Dominic Raab said, reports Reuters.

"We're going to have to bring in countries with a potentially moderating influence like Russia and China, however uncomfortable that is," Raab told The Sunday Telegraph newspaper.

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