Finance News: Latest Financial News, Finance News today in Bangladesh

Businesses sidestep Tk 10b in consumption tax during FY ’18

The amount of VAT evasion has almost doubled in a year as the tax collector has intensified audits, officials said.The VAT Audit, Intelligence and Investigation Directorate detected Tk 10.71 billion in evasion of such taxes during fiscal year 2017-18, up from Tk 5.67 billion a year ago, the data available...

Astronomers deliver first photograph of black hole

An international scientific team announced on Wednesday a milestone in astrophysics -- the first-ever photo of a black hole -- using a global network of telescopes to gain insight into celestial objects with gravitational fields so strong no matter or light can escape, report agencies.The research was conducted by the...

Most bankers breach ethical code of conduct

An overwhelming majority of the bank employees feel that the violations of ethical code of conduct among the bankers are increasing, a recent survey has found.At the same time, almost half the bank employees believe that there is an absence of ethical leaders in the banking industry, said the survey...

Swap getting popular in local financial market

Interest rate swap is gradually becoming popular in the country's financial market, as many firms are showing interest on such type of derivative to avoid interest rate volatility.Swap is the exchange of one set of cash flows for another, floating to fixed rate or vice versa. Usually taking place over...

Two young women purchasing handicraft

Two young women purchasing handicraft items from a makeshift shop at Doyel Chattar in the city on Wednesday. The trading in these items gets momentum on the occasion of Pahela Baishakh to be welcomed on April 14 — FE photo by Shafiqul Alam

News Watch- (11-04-2019)

Feni madrasa girl dies at DMCHAfter fighting for life for five days, Feni madrasa girl Nusrat Jahan Rafi who was set afire by some miscreants succumbed to her injuries at Dhaka Medical College Hospital (DMCH) on Wednesday night. She died at the National Institute of Burn and Plastic Surgery around...

Prayer Timings-(11-04-2019)

DSE turnover nears 13-month low

Dhaka stocks closed another bearish session deep in the red on Wednesday, with the turnover hovering around a 13-month low amid thin participation of investors suffering from weaker confidence in the market. The Dhaka Stock Exchange (DSE) posted a turnover of Tk 2.74 billion, the lowest since March 30, 2018....