Business

24 Jan 2022; MEMO: Iran's special representative in Kabul, Hassan Kazemi Qomi, announced on Sunday that Tehran has given permission for fuel trucks to go to neighbouring Afghanistan.

"In order to meet the needs of the Afghan people in winter and at the request of the Afghan authorities, a permit has been issued for diesel fuel trucks to pass to Afghanistan through Iranian territory for a period of three months," Qomi wrote on Twitter.

24 Jan 2022; MEMO: Egyptians are crowding into banks after rumours spread that the central bank will float the Egyptian pound again.

In 2016 Egypt floated its currency in a move the central bank said was part of a list of reforms to strengthen the economy in exchange for a $12 billion IMF loan.

As part of the programme Cairo was expected to devalue the pound and unpeg its currency from the dollar.

Banihal/Jammu, Jan 24 (PTI) The strategic Jammu-Srinagar national highway was cleared for stranded vehicles on Monday as road clearance agencies pulled out a rice-loaded truck that was stuck in mud near Panthiyal in Ramban district for nearly 30 hours, officials said.

Mumbai, Jan 24 (PTI) The Reserve Bank of India on Monday said it will be conducting an overnight variable rate repo auction under liquidity adjustment facility (LAF) for an amount of Rs 75,000 crore today.

The date of reversal is on January 25, 2022, the central bank said in a release.

On January 20, the RBI had conducted an overnight variable rate repo (VRR) auction of Rs 50,000 crore.

22 Jan 2022; MEMO: Qatari Ambassador Mohammed Al-Emadi has signed a deal with the Gaza Power Generation Company and the Gaza Electricity Distribution Company, Akka news website reported on Friday.

According to Akka, Israel Hayom, an Israeli Hebrew daily, reported that the deal stipulates opening an escrow account to cover the cost of gas supplies to the power plant and power generation.

Prayagraj, Jan 23 (PTI) A Vedic Paint will be soon be manufactured in four places in Uttar Pradesh, an official from Khadi & Village Industries Commission (KVIC) said on Sunday.

The commission's Varanasi director DS Bhati told PTI that units will be set up at Barabanki, Varanasi, Ballia, and Meerut to manufacture the paint.

He said the paint is different from usual ones as it does not contain any chemical, is made from natural sources, and is just as durable as the other paints.

Bhopal, Jan 21 (PTI) Senior BJP leader Uma Bharti on Friday sought total prohibition in the party-ruled Madhya Pradesh, a demand endorsed by her colleague and Lok Sabha MP Sadhvi Pragya Singh Thakur who, however, added that "liquor works as a medicine under ayurved if consumed in a limited quantity".

The BJP government in Madhya Pradesh has just unveiled a new excise policy under which it has permitted setting up of home bars and slashed retail prices of liquor by 20 per cent.

20 Jan 2022; MEMO: Britain's leading Charity aimed at tackling food poverty and waste, FareShare has struck an agreement with the Moroccan government to redistribute surplus food from Moroccan businesses trading in the country.

20 Jan 2022; MEMO: A state-of-the-art Turkish hospital, Medipol, has launched health services for foreigners living in Turkey under its social responsibility program, Anadolu News Agency reports.

20 Jan 2022; MEMO: Israel closed a deal yesterday to buy three submarines from German industrial giant thyssenkrupp [sic] for €3 billion ($3.4bn), the Times of Israel has reported.