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Bourse witnesses profit-taking

Colombo bourse witnessed a profit-taking spree yesterday and closed in the red zone amidst a 50 bps rate hike by CBSL. Thus, the All Share Price Index declined by 82.8 points (-0.9%) to close at 8,260.1 whilst the S&P SL20…
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How growth can fuel the Indian economy

Thanks to the country’s sizeable expatriate population, remittance outflows from the UAE have always been substantial. According to UAE Central Bank figures, Dh165 billion was remitted from the Emirates in 2019, second only to the US,…
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