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Day-labourers in dire straits

Shamsul Huda | 2015-02-10 00:00:00

Day-labourers' hardship in the capital is gradually mounting up due to employment shortage and subsequent low earning due to the ongoing non-stop hartal-blockade. It was found that more than 5,000 labourers, mainly from the country's northern and southern parts, gather...

US ambassador concerned at BD political unrest

FE Report | 2015-02-10 00:00:00

Newly appointed US Ambassador in Bangladesh Marcia Stephens Bloom Bernicat expressed her concern over the prevailing political unrest here as she discussed Monday with State Minister for Foreign Affairs Md Shahriar Alam matters of bilateral interest of the two countries.   ...

Prayer Timings

2015-02-10 00:00:00

HC gets 10 new additional judges

2015-02-10 00:00:00

Ten new additional judges have been appointed to the High Court division of the Supreme Court for two years. The President made the appointments exercising his power under article 95 (1) of the Constitution, said a Law Ministry gazette notification. ...

Fake FF certificates of 26 people cancelled

2015-02-10 00:00:00

The Liberation War Affairs Ministry Monday cancelled fake freedom fighter certificates of 26 people, including  some government officials. The ministry issued a gazette notification in this regard Monday. The freedom fighter certificates were cancelled as the persons concerned could not...

Youth shot dead in Rangamati # JS session resumes in the afternoon

2015-02-10 00:00:00

JS resumes in the afternoon

2015-02-10 00:00:00

US hostage \\\'killed by Islamic State\\\'

2015-02-10 00:00:00

Photo: Air Officer Commanding of BAF Base Bashar

2015-02-09 00:00:00

Investors more enthusiastic about IPOs sans premium

Mohammad Mufazzal | 2015-02-09 00:00:00

Investors are found to be less enthusiastic about putting in their money in initial public offerings (IPOs) that carry premium than those with no premium, according to transaction statistics of the Dhaka Stock Exchange (DSE).  The size of public subscription...

President for ensuring transparency, accountability in financial sector

FE Report | 2015-02-09 00:00:00

President Md. Abdul Hamid said Sunday that the chartered accountants (CAs) should play their roles with due integrity to prevent wastage of money and ensure transparency, accountability and discipline in the country's financial sector. "There have to have strict control...

Stocks see marginal gain on bourses

FE Report | 2015-02-09 00:00:00

Stocks inched marginally up for the four straight sessions Sunday amid lacklustre participation as investors took position on fundamental stocks despite lingering political turmoil. DSEX, the prime index of the Dhaka Stock Exchange (DSE) went up further by 16.56 points...

Black money in stock markets: Sebi to take action

2015-02-09 00:00:00

NEW DELHI, Feb 8 (PTI): Cracking its whip on entities using stock markets for evading taxes and laundering black money, watchdog Sebi has decided to suspend trading in listed companies that are found to be used by such manipulators. The...

News Briefs

2015-02-09 00:00:00

FIIs infuse Rs 120b in Indian capital mkt NEW DELHI, Feb 8: Overseas investors have pumped in nearly Rs 120 billion in Indian capital markets in the first week of this month following certain measures taken by financial sector regulators....

Photo: Social Islami Bank Limited (SIBL)

2015-02-09 00:00:00

BKB disburses Tk 162.52b among 3.5m borrowers

FE Desk Report | 2015-02-09 00:00:00

Bangladesh Krishi Bank (BKB) has so far disbursed Tk 162.52 billion among 3.5 million borrowers. The bank has already disbursed Tk 20.57 billion among1.8 million small and marginal farmers along with extremely poor sharecroppers,  according to a statement issued by...

Top-5 Sensex cos add Rs 367.80b in m-cap

2015-02-09 00:00:00

NEW DELHI, Feb 8 (PTI): The combined market capitalisation of top-five Sensex companies rose by Rs 367.80 billion last week, where IT majors TCS and Infosys stole the show with maximum rise in their valuation. The gainers among the top-10...

Equity MFs see inflow of Rs 560b

2015-02-09 00:00:00

NEW DELHI, Feb 8 (PTI): Mutual funds pumped in a whopping Rs 58.50 billion in equity schemes in January taking the total inflow to nearly Rs 560 billion in the first 10 months of the current financial year on account...

Shasun Pharma seeks shareholders’ nod for merger

2015-02-09 00:00:00

NEW DELHI, Feb 8 (PTI): Shasun Pharmaceuticals is seeking shareholders' approval for its proposed merger with Bangalore- based drug firm Strides Arcolab. In a filing to the BSE, Shasun Pharmaceuticals said it is seeking shareholders nod for the merger scheme...

Photo: Chittagong Stock Exchange (CSE)

2015-02-09 00:00:00

Photo: Mercantile Bank Limited and The Farmers Bank Limited

2015-02-09 00:00:00

Daily Market Update

2015-02-09 00:00:00

The economy is bleeding

Syed Jamaluddin | 2015-02-09 00:00:00

The economy is bleeding as the oborodh (blockade) is disrupting supply chains. Every day the country is losing more than Tk 20 billion (2,000 crore) due to blockade and hartal (strike). The amount  would stand at Tk 25 billion (2,500...

Obama-Modi: chai pe charcha

Muhammad Zamir | 2015-02-09 00:00:00

Sipping tea in the garden of Hyderabad House in New Delhi, Obama and Modi resolved some outstanding issues that had affected bilateral relations between the USA and India. Obama's unprecedented second visit to India helped to reduce mistrust and facilitated...

Curbing Yaba menace

2015-02-09 00:00:00

Flooding of rural markets with Yaba tablets, sarcastically called 'Baba' there and  seizure of a large quantity of addictive sex-stimulant drug at the same time only expose the horrific magnitude of an alarming disaster. This is a disaster because such...

Making future citizens tax-complaint

Shamsul Huq Zahid | 2015-02-09 00:00:00

The National Board of Revenue (NBR) is reportedly mulling over introduction of tax education in secondary and higher secondary text books. There was a similar move in the past also. But for reasons of bureaucratic complexities, it was not successful....

A severe blow to civil liberty

Neil Ray | 2015-02-09 00:00:00

Prime Minister Sheikh Hasina may have ruled out the possibility of declaring a state of emergency but what people are encountering right at this moment is hardly any better than any such rule. They have in reality forced to regulate...

Traffic jam of Dhaka city

2015-02-09 00:00:00

New York being one of the busiest cities in the world, does not suffer from traffic jam as much we do in Dhaka. In the absence of a proper survey, opinions vary regarding the reasons behind so. Some say, it...

Politics as a means of livelihood

2015-02-09 00:00:00

When politics is used as a means to earn livelihood, there shall definitely be anarchy and bloodshed. That is the reason behind the current political turmoil. In our country, being in power increases the chances of earning more and this...

Prestigious award for Dr. Atiur

2015-02-09 00:00:00

Bangladesh Bank Governor Dr. Atiur Rahman received the 'Central Banker of the Year 2015' award from the Asia-Pacific region for stimulating growth and stabilising economy. Editor of the London-based The Financial Times-owned publication The Banker, Brian Caplen presented the award...