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MOSCOW (REUTERS) – On Monday, the Russian rouble moved up against the dollar, gaining some ground after seeing its biggest weekly decline since early July due to concerns about how sanctions on oil and gas might affect Russia’s export earnings. Following the implementation of an oil embargo and price cap,Continue Reading

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(Reuters) -Alexander Novak, the deputy prime minister of Russia, told the state-run TASS news agency that Moscow is prepared to restart gas shipments to Europe via the Yamal-Europe Pipeline. As long as there is a gas deficit, the European market is still relevant, and we have every chance of restartingContinue Reading

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NEW DELHI: On December 9, Indian forces blocked their Chinese counterparts from entering Indian land, resulting in casualties on both sides, India’s defence minister, Rajnath Singh, told parliament on Tuesday. The most recent clash took place in the Tawang region of India’s northeastern Himalayan state of Arunachal Pradesh, which bordersContinue Reading

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ISLAMABAD – The Supreme Court asked the newly established joint investigation team (JIT) on Thursday to provide an interim report on the death of veteran journalist Arshad Sharif within two weeks. The ruling was given by a five-member panel led by Justice Umar Ata Bandial while hearing a suo motuContinue Reading

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Khyber-Pakhtunkhwa Water Resources Development Project has been given the Asian Development Bank’s (ADB) approval, and $3.60 million in concessional ordinary capital resources financing has been provided. According to the project documentation, the Pakistani government asked the ADB for Project Readiness Financing (PRF) to get the Khyber-Pakhtunkhwa Water Resources Development ProjectContinue Reading

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(AFP) – Before new penalties on Moscow take effect, major oil-producing nations headed by Saudi Arabia and Russia appear ready to maintain their existing output levels at a summit on Sunday. The Organization of the Petroleum Exporting Countries (OPEC), which has 13 members, will reconsider its agreement to reduce outputContinue Reading

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ISLAMABAD – Pakistan stated on Sunday that the banned group IS-KP has claimed responsibility for an attack on the Pakistan embassy in Kabul. “We have read allegations that IS-KP (Islamic State-Khorasan Province) has taken responsibility for the terrorist attack on the Pakistan Embassy compound on December 2,” said the ForeignContinue Reading

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NEW DELHI: India’s government announced on Tuesday that it will accept foreign wheat shipments pending customs clearance, easing restrictions on exports after the country prohibited international sales of the staple on Saturday. India will also allow wheat exports to Egypt, according to the ministry. “Wherever wheat consignments have been handedContinue Reading