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Inflation increased but so is purchasing power: Fawad

ISLAMABAD: Federal Minister for Information and Broadcasting Chaudhry Fawad Hussain said the good news continued to pour in and now Kuwait has started issuing work visas to Pakistan after ten. ....

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Biden eyes grants, federal purchasing to narrow racial wealt


Biden eyes grants, federal purchasing to narrow racial wealth, home ownership gaps
Reuters | Jun 01, 2021 05:03 PM EDT
U.S. President Joe Biden arrives at Tulsa International Airport on a visit to mark the centennial anniversary of the 1921 Tulsa race massacre in Tulsa, Oklahoma, (Photo : REUTERS/Carlos Barria)
President Joe Biden will announce steps on Tuesday to narrow the large and persistent racial wealth gap that divides Black, Latino and white Americans, although he will stop short of a cancellation of student loan debt demanded by civil rights groups.
Biden, a Democrat, will call for billions of dollars in grants and investments to benefit poor minority communities, as well as a big increase in federal procurement from small, disadvantaged businesses, and a crackdown on housing discrimination, administration officials told reporters. ....

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Nifty: Nifty and Bank index poised to touch new highs: Analysts

The Nifty is likely to scale new all-time highs soon as technical indicators point to stability in the market. The index could advance by 1-2% to 15,600-15,700 this week, said technical analysts. The Nifty hit a fresh high of 14,469.65 on Friday before settling at 15,435.65. The Bank Nifty is also likely to reclaim record highs in June, said analysts. ....

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