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Photo: Bangladesh Krishi Bank

2014-12-11 00:00:00

exchange rate

2014-12-11 00:00:00

RBI finds falling inflation a hard sell for Indian consumers

2014-12-11 00:00:00

MUMBAI, Dec 10 (Reuters): Waiting for the right moment to cut interest rates, India's central bank faces a problem over public perceptions that price rises will return to double-digits even though forecasts show retail inflation fell to a record low...

France unveils controversial plan to energise economy

2014-12-11 00:00:00

PARIS, Dec 10 (AFP): France Wednesday unveiled a controversial package of reforms to energise its crisis-hit economy, including a plan to expand Sunday trading for shops that has sparked outrage in some quarters. The proposed measures also included a plan...

Russian PM urges calm, patience over ruble collapse

2014-12-11 00:00:00

MOSCOW, Dec 10 (AFP): Prime Minister Dmitry Medvedev urged Russians to be patient Wednesday as the ruble plunges due to falling oil prices and Western sanctions over Ukraine, and said the currency was now undervalued. "It's definitely not necessary to...

Low VAT doesn\\\'t always help poor: OECD

2014-12-11 00:00:00

PARIS, Dec 10 (Reuters): Lower rates of value added tax do not always benefit the poor, the OECD think tank said on Wednesday in a report urging governments instead to consider means-tested and other direct benefits to boost income equality....

Legends of Rupganj beat Prime Doleshwar

2014-12-11 00:00:00

After four successive defeats in the Walton Refrigerator Dhaka Metropolis Premier Division Cricket League, defending champions Legends of Rupganj returned o form with a 28-run win over Prime Doleshwar SC in a 10th round match at Khan Saheb Osman Ali...

Badal banned for life from cricket

2014-12-11 00:00:00

A disciplinary committee of Bangladesh Cricket Board (BCB) Tuesday night banned Lutfar Rahman Badal, chairman of Premier Division Cricket Club 'Legends of Rupganj', for life from all kinds of cricketing activities for his derogatory remarks against the BCB top brass,...

Victory Day Volleyball begins today

2014-12-11 00:00:00

The Walton Smart TV Victory Day Volleyball Tournament, organised by Bangladesh Volleyball Federation, will begin today (Thursday) at the Dhaka Volleyball Stadium in the city, reports UNB. Defending champions Bangladesh Army will play Border Guard Bangladesh (BGB) in the inaugural...

Eight matches decided in TT League

2014-12-11 00:00:00

Eight matches of the Agrani Bank Metropolis First Division Table Tennis (TT) League were decided on the 2nd day at the Shaheed Tajuddin Ahmed Indoor Stadium in the city Wednesday, reports UNB. In the day's matches, Taj TTA beat Promising...

Army keep winning run

2014-12-11 00:00:00

Bangladesh Army maintained winning run in the Victory Day Kabaddi Tournament beating their main rivals Bangladesh Police by 5-4 points in a low scoring keenly-contested match at the Kabaddi Stadium in the city Wednesday, reports UNB. The Army men dominated...

Clarke defies pain, grief for brave ton

2014-12-11 00:00:00

ADELAIDE, Dec 10 (AFP): Captain Michael Clarke defied a back injury and grief over the death of Phillip Hughes to post an inspirational century as Australia took charge of the first Test against India Wednesday. Clarke, who was supported by...

sports digest

2014-12-11 00:00:00

Hafeez to undergo remedial work, test in Chennai LAHORE, Dec 10: Pakistan's suspended all-rounder Mohammad Hafeez will be sent to Chennai in India for remedial work and tests on his bowling action which was declared illegal this week, cricket authorities...

DSE launches flexible trading system today

FE Report | 2014-12-11 00:00:00

Dhaka Stock Exchange (DSE) will launch New Automated Trading System today (Thursday) with a view to accelerate trading activities by resolving existing complexities, officials said. MA Mannan MP, the state minister for Finance Ministry, will inaugurate the launching of the...

Amalgamation scheme of Keya Cosmetics approved

FE Report | 2014-12-11 00:00:00

The High Court has approved the proposed amalgamation scheme of Keya Cosmetics Limited recently with its three other associate companies - Keya Cotton Mills Limited, Keya Spinning Mills Limited and Keya Knit Composite Limited, said a press release. Assets, liabilities,...

CSE MD vows to boost turnover

Mohammad Mufazzal | 2014-12-11 00:00:00

Managing Director of Chittagong Stock Exchange (CSE) Wali-ul-Maroof Matin has inked a robust marketing plan to attract institutional, local, retail and cross country investors with an aim to boost the turnover value. Mr. Matin set his working strategy after joining...

IPO lottery of C & A Textiles today

FE Report | 2014-12-11 00:00:00

The initial public offering (IPO) lottery of C & A Textiles, a Chittagong based knit composite Textiles Industries will be held today (Thursday) to allocate shares among the investors,   officials said. The lottery will be held at 10:30am at the...

Cash dividend credited GPH Ispat Ltd.

2014-12-11 00:00:00

The Company has informed that Cash dividend for the year ended on April 30, 2014 has been credited to the respective shareholders' Bank Accounts through Bangladesh Electronic Fund Transfer Network (BEFTN) System.

Response to DSE query

2014-12-11 00:00:00

Dulamia Cotton Spinning Mills In response to a DSE query, the Company has informed that there is no undisclosed price sensitive information of the Company for recent unusual price hike. Quasem Drycells In response to a DSE query dated December...

News Briefs

2014-12-11 00:00:00

Two banks donate blankets to PM's relief fund Dutch-Bangla Bank Ltd (DBBL) donated 0.1 million (one lakh) pieces and EXIM Bank 25,000 pieces of blanket to the Prime Minister's Relief and Welfare Fund Wednesday for the cold-stricken people of the...

Photo: ONE Bank Limited

2014-12-11 00:00:00

Photo: Prime Bank Limited

2014-12-11 00:00:00

Photo: GSK Bangladesh

2014-12-11 00:00:00

Photo: Uttara Bank Limited

2014-12-11 00:00:00

Stocks end flat as key index remains unchanged

FE Report | 2014-12-11 00:00:00

Stocks ended flat Wednesday with key index of major bourse remaining almost unchanged as investors adopted 'wait-and-see' approach ahead of introduction of new trading system. The Dhaka Stock Exchange (DSE) will launch new trading platform today (Thursday). Existing trading engine...

\\\'GP Smartphone and Tab Exposition\\\' begins tomorrow

FE Report | 2014-12-11 00:00:00

Almost 90 per cent mobile phone users in the country do not have the smartphone access, resulting low internet penetration, industry insiders said. Presently 4.0 million smartphone are being used in Bangladesh, facilitating around 10 per cent mobile phone users...

Debt funds\\\' exposure to G-Sec hits 11-month high

2014-12-11 00:00:00

MUMBAI, Dec 12 (Business Standard): Government Securities or G-Sec have emerged as the top bet for India's fixed income fund managers in recent months. As cuts in interest rate look imminent early next year, they have taken nearly a 10-per...

Nifty recovers from 1-month lows

2014-12-11 00:00:00

MUMBAI, Dec 12 (Reuters): Share markets rose on Wednesday, with the Nifty recovering from a one-month low and snapping a three-day losing streak, as recent underperformers such as State Bank of India gained on value-buying, while firmer equity indexes across...

Photo: Eastern Bank Ltd

2014-12-11 00:00:00

Photo: Social Islami Bank Limited (SIBL)

2014-12-11 00:00:00