MUMBAI, Jan 21 (Reuters): The BSE Sensex edged up on Tuesday as interest rate-sensitive companies such as Tata Motors and ICICI Bank extended recent gains amid rising expectations that the Reserve Bank of India (RBI) will keep monetary policy unchanged next week. Engineering giant Larsen & Toubro Ltd rose ahead...
Read moreBangladesh Bank (BB) governor Dr Atiur Rahman Tuesday urged the private sector entrepreneurs to avail the facility of Investment Promotion and Financing Facility (IPFF) fund at a low interest rate for improving the infrastructure of the country. He was addressing an agreement signing ceremony between United Commercial Bank (UCB) and...
Read moreThe securities regulator Tuesday approved the IPO (initial public offering) proposal of FAR Chemical Industries which will raise a fund worth Tk 120 million under fixed price method, officials said. The regulator has also fined the Barkatullah Electro Dynamics Tk 0.1 million as its one director has failed to comply...
Read moreBonus shares credited Envoy Textiles: The authorities of Envoy Textiles Limited have informed that they have credited the bonus shares for the year ended on September 30, 2013 to the respective shareholders' BO Accounts on December 29, 2013. Cash dividend including sale proceeds of fractional shares has been disbursed by...
Read moreNew Head of Sales, Distribution at SureCash SureCash appoints Sheikh Aminur Rahman as the Head of Sales and Distribution. Before joining SureCash, Mr Sheikh Aminur Rahman was the Regional Sales of Head of Dhaka at Grameenphone where he served more than 16 years and was responsible for building and expanding...
Read moreThe stock market returned to the green Tuesday, after mild correction in previous session with turnover crossing Tk 7.0 billion-mark once again as investors took fresh position, anticipating short-term rally. The prime index of the Dhaka Stock Exchange (DSE) - DSEX went up by 34.14 points or 0.75 per cent...
Read moreFarm credit disbursement grew by more than 16 per cent during the first half of the current fiscal year (FY), 2013-14, despite the political uncertainty. All scheduled banks disbursed Tk 74.50 billion in the July-December period of FY 14, compared to Tk 64.20 billion in the corresponding period of the...
Read moreLONDON, Jan 21 (Reuters): European shares hit fresh 5-1/2 year highs on Tuesday, tracking Asian shares higher as Chinese money rates eased, while the dollar got a boost from a report the Federal Reserve would again trim its bond buying next week. Chinese shares rebounded from six-month lows and money...
Read moreHONG KONG, Jan 21 (Reuters): China shares posted their biggest daily gain of the year on Tuesday, rebounding from a six-month low, as cash rates eased in the mainland after the Chinese central bank offered emergency funds to ease the latest cash squeeze. China's money market rates fell sharply on...
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