The Taliban government has banned the use of foreign currency in Afghanistan in a surprise move that could further weigh on an economy struggling with a cash crunch amid widespread hunger, Bloomberg reported.
China’s new locally transmitted Covid-19 cases spiked to a near three-month high and tighter curbs to contain the spread are expected in the capital Beijing ahead of a key gathering of the highest-ranking members of the Communist Party next week, said Reuters.
Ride-hailing firm Ola has reported its first operating profit of Rs 89.82 crore for 2020-21, even as its revenue declined 65 per cent to Rs 689.61 crore amid Covid-19 induced lockdowns.
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