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Taka depreciates slightly

2014-11-29 00:00:00

The local currency depreciated marginally against the greenback during the week between November 23 and November 27. The central bank has sold some fresh US dollar to interbank to ease the market. A sharp increase of imports mainly capital machinery...

Tumbling energy shares halt European stocks\\\' 5-day rally

2014-11-29 00:00:00

PARIS, Nov 28 (Reuters): European shares fell on Friday morning, retreating for the first time in six sessions as a further drop in crude oil prices kept the pressure on energy shares and revived fears of deflation in the euro...

Volvo bullish on Bangladesh automobile market

FE Report | 2014-11-29 00:00:00

Swedish automobile giant Volvo Group will market new generation trucks in Bangladesh, in a joint venture with Indian Eicher Motors driven by surging demand, the company said Friday. "Bangladesh is an important market for us and will continue to play...

Chairman of IDCOL Mohammad Mejbahuddin

2014-11-29 00:00:00

Flat steel makers leech consumers despite lower production costs

Badrul Ahsan | 2014-11-29 00:00:00

Local consumers are still paying high prices for CI and plain sheets despite a substantial fall in prices of raw materials in the international market, market insiders said. They said the import costs of the key raw materials mainly --...

Soybean oil, Hilsa prices move up

2014-11-29 00:00:00

FE Report Prices of Hilsa and some other fish varieties increased while vegetables witnessed further reduction in the city kitchen markets on Friday, compared with a week ago. Soybean oil prices showed further hike on the day. Prices of silver...

ADB chalks out time-bound action plan for local projects

2014-11-29 00:00:00

The Asian Development Bank (ADB) has prepared a time-bound agreed action plan with the government to gear up the implementation progress of its funded-projects in Bangladesh,  accelerate its fund disbursement and thus deliver better results for the beneficiaries, reports UNB....

Amu in Bolivia to attend G-77 meet

2014-11-29 00:00:00

Industries Minister Amir Hossain Amu is now in Tarija, the southern city of Bolivia, to attend the Meeting of Ministers on Governance of Natural Resources and Industrialisation of the Group 77. In cooperation with the United Nations Industrial Development Organisation...

\\\'Tobacco related advertisement must end\\\'

2014-11-29 00:00:00

RAJSHAHI, Nov 28:  Time has come to stop all sorts of tobacco promotion related advertisements, publicity and patronization to protect the future generation from bad effect of smoking and other tobacco products, speakers at a participatory discussion here said yesterday....

India\\\'s economic growth slows to 5.3pc in Sept quarter

2014-11-29 00:00:00

NEW DELHI, Nov 28 (Reuters): Data released on Friday showing a slowdown in India's economy will put the central bank under renewed pressure to cut interest rates, while Prime Minister Narendra Modi takes his time over reforms needed for a...

Euro zone inflation back at five-year low in November

2014-11-29 00:00:00

BRUSSELS, Nov 28 (Reuters): Annual inflation in the euro zone cooled to 0.3 per cent in November as energy prices fell, suggesting deflation remains a real threat for the European Central Bank. The reading on Friday marked a return to...

EU gives France, Italy, Belgium until March to fix budgets

2014-11-29 00:00:00

BRUSSELS, Nov 28 (AFP): The European Commission on Friday gave France, Italy and Belgium until March to fix their budgets or risk humiliating penalties for breaking tough eurozone spending rules. "We will decide in early March whether any further steps...

Brazil scrapes out of recession on government spending

2014-11-29 00:00:00

BRASILIA, Nov 28 (Reuters): Brazil's economy crawled out of a recession in the third quarter as public spending rose before presidential elections, suggesting growth could be short-lived as the government plans to tighten its budget. The economy grew 0.1 per...

Japan inflation hits lowest level in a yr

2014-11-29 00:00:00

TOKYO, Nov 28 (AFP): Japan released a string of lacklustre economic data Friday, with inflation hitting its lowest level in a year, dealing another blow to Tokyo's attempts to conquer years of falling prices and tepid growth. The figures come...

US tyre tycoon mocks \\\'Communist\\\' France in rejecting investment

2014-11-29 00:00:00

PARIS, Nov 28 (AFP): A US tyre tycoon on Friday ridiculed French laws and trade unions that he said had prevented him from investing in a stricken factory, saying France should become "Communist." Maurice Taylor, chief executive of Titan International,...

Hasina heads for Habiganj

2014-11-29 00:00:00

Prime Minister Sheikh Hasina has left Dhaka for Habiganj on a daylong tour on Saturday morning. She will inaugurate and lay the foundation stones of a number of development projects in the north-eastern district, including ones in power and energy...

Govt obstructing BNP’s rally in Comilla, alleges Rizvi

2014-11-29 00:00:00

BNP accused Friday the government of creating obstacles towards holding the party-led 20-party's public rally in Comilla scheduled to be held today(Saturday), reports UNB.   "The government is carrying out various undemocratic acts ahead of Saturday's rally. The local administration and...

Biswal lauds BD role in efforts of int\\\'l peacekeeping

2014-11-29 00:00:00

US Assistant Secretary of State for South and Central Asian Affairs Nisha Biswal said on Friday the United States and the international community are profoundly grateful to the people of Bangladesh for their contributions to international peacekeeping efforts, reports UNB....

Enactment of new law for domestic workers underway: Chunnu

2014-11-29 00:00:00

State Minister for Labour and Employment Mujibul Haq Chunnu said Friday that enactment of a new law favouring domestic workers across the country is now underway, reports BSS. The draft of the act will be placed at the Jatiya Sangsad...

All dist hospitals to have cancer units soon: Nasim

2014-11-29 00:00:00

All district hospitals in the country will have a cancer unit soon, said Health and Family Welfare Minister Md Nasim, reports BSS. "If money was available then every hospital would have a linear accelerator cobalt machine," he said this while...

Glowing tributes paid to ex-mayor Mohammad Hanif

2014-11-29 00:00:00

Leaders and workers of the ruling Awami League (AL) and other socio-cultural-professional bodies paid glowing tributes Friday to Mohammad Hanif, former president of Dhaka City AL and first elected mayor of Dhaka, in observance of his 8th death anniversary, reports...

Stop supporting BNP for patronising militants, war criminals, says Inu

2014-11-29 00:00:00

Information Minister Hasanul Haq Inu heavily criticised Khaleda Zia and BNP Friday to take a blunt stand for militants and war criminals and requested all the democratic and progressive forces to stop favouring the BNP just now, reports UNB. He...

War crime accused Shamsuddin sent to jail

2014-11-29 00:00:00

KISHOREGANJ, Nov 28 (UNB): A court here sent Friday Advocate Shamsuddin Ahmed, arrested for his alleged involvement in crimes against humanity, including killing, arson attack and looting, during the Liberation War in 1971, to jail. Senior Judicial Magistrate SM Rajibul...

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2014-11-29 00:00:00

Khulna City AL council today

2014-11-29 00:00:00

KHULNA, Nov 28 (BSS): The triennial council of Khulna city unit of Awami League (AL) will be held tomorrow (Saturday) at 10.00 am at Khulna Circuit House Ground. In this connection, a press conference was held today at the VIP...

Khaleda conspires to kill Sheikh Hasina: Quamrul

2014-11-29 00:00:00

Dhaka City Awami League (AL) joint secretary and Food Minister Advocate Quamrul Islam alleged Friday that BNP chairperson Khaleda Zia has been conspiring to kill Prime Minister (PM) Sheikh Hasina, reports BSS. "A few days back BNP leader Begum Khaleda...

City road crash kills Islamic Foundation official

2014-11-29 00:00:00

An Islamic Foundation official was crushed to death by a speeding bus in the city's Kalyanpur area on Friday, reports UNB. The deceased was identified as Rafiqul Islam (40) son of Wahid Ali of Paschim Changhat village in Rangpur. Rafique,...

PM returns home after attending Saarc Summit

2014-11-29 00:00:00

Prime Minister Sheikh Hasina returned home on Friday noon after attending the 18th Saarc Summit held in the Nepalese capital of Kathmandu on November 26-27, reports UNB.   A VVIP flight of Biman Bangladesh Airlines carrying the prime minister and her...

Bangladesh artist short-listed for Breweries Award

2014-11-29 00:00:00

Bangladesh artist Naeem Mohaimen has been short-listed for the Asia Pacific Breweries Award 2014 by the Singapore Art Museum (SAM), reports UNB. The short-listed artworks from different countries have been put on display at Singapore Art Museum from November 14...

5-day \\\'Jor Ijtema\\\' begins at Tongi

2014-11-29 00:00:00

GAZIPUR, Nov 28 (UNB): The five-day 'Jor Ijtema', a preparatory event of the two-phase Biswa Ijtema, began on the bank of the Turag river at Tongi Friday. Over 0.1 million devotees from both home and abroad are expected to join...