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Wall St climbs after 3-day drop

2014-12-19 00:00:00

NEW YORK, Dec 18 (Reuters): US stocks rose on Wednesday on the heels of a three-session losing streak and ahead of the US Federal Reserve's final statement of the year that may set the stage for interest rate hikes in...

Sensex rises more than 400 points

2014-12-19 00:00:00

MUMBAI, Dec 18 (Reuters): The BSE Sensex and Nifty rose 1.6 per cent on Thursday to snap a five-session losing streak as blue-chips including ICICI Bank surged as a rally in global markets and the cabinet's nod to a nationwide...

MSCI could exclude Russia from EMs index

2014-12-19 00:00:00

LONDON, Dec 18 (Reuters): Index provider MSCI said it may exclude Russia from its emerging markets (EMs) benchmark if authorities introduced capital or foreign exchange controls. Around $1.4 trillion are benchmarked against MSCI's Emerging Markets share index (MSCIEF), which are...

HK shares snap 5 days of losses

2014-12-19 00:00:00

HONG KONG, Dec 18 (Reuters): Hong Kong shares finished up on Thursday, snapping five consecutive days of losses, underpinned by a rally on Wall Street. Analysts said the Federal Reserve's confidence in the US economy and pledge to adopt a...

ICB AMCL discloses NAV of MFs

2014-12-19 00:00:00

ICB Asset Management Company Limited (ICB AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), disclosed the following total net asset value (NAV) of different mutual funds (MFs) at the close of business operation on December 17, 2014, said a...

ICB AMCL discloses NAV of different funds

2014-12-19 00:00:00

ICB Asset Management Company Limited (ICB AMCL), a subsidiary of Investment Corporation of Bangladesh (ICB), disclosed the following total net asset  value (NAV) of different open-end mutual funds (MFs) at the close of business operation on December 17, 2014, said...

Photo: Dhaka Power Distribution Company Limited (DPDC)

2014-12-19 00:00:00

Photo: Islami Bank Bangladesh Limited

2014-12-19 00:00:00

Today\\\'s Market Review

2014-12-19 00:00:00

IPO Diary

2014-12-19 00:00:00

IPO Diary

2014-12-19 00:00:00

Taking railway out of its present morass

Syed Mahbubur Rashid | 2014-12-19 00:00:00

A separate railway ministry started its journey in the country in 2012. It led the people to hope that the railway sector would be overhauled. The railway is one of the oldest mass transport systems in the sub-continent. The Ministry...

India\\\'s economy: The heat is on

B K Mukhopadhyay | 2014-12-19 00:00:00

So, the India-Russia ties are back in the limelight again. Positioning Russia as a reliable energy supplier to Asia, President Vladimir Putin is keen to export liquefied natural gas (LNG) to India and involve ONGC in oil and gas hunt...

SoCBs and the mounting default loans

2014-12-19 00:00:00

The state-owned commercial banks (SoCBs), better known for their default loans, have once again made news -- this time for their appalling failure to recover even the minimum of such loans, as required by the central bank. The four SoCBs...

Poor rate of project implementation

Nilratan Halder | 2014-12-19 00:00:00

Implementation of the Annual Development Programme (ADP) has once again followed the same sluggish pattern set for a long time now. In the past five months of the current fiscal year (FY'14-15) its rate has been as low as 21...

Re-fixing the retirement age

Md Ashraf Hossain | 2014-12-19 00:00:00

Singapore will introduce a new law by 2017 to raise re-employment of older workers up to the age of 67, said Manpower Minister Tan Chuan-Jin. The change means that older employees up to the age 67 would be given the...

Criminals stalk Kamalapur railway station

2014-12-19 00:00:00

Kamalapur is the largest railway station in Bangladesh. Thousands of people commute through this station daily. But the surroundings of the station leave a lot to be desired. Prostitutes, drug addicts and other delinquents live around the station and indulge...

Helpless clients of JUBOK

2014-12-19 00:00:00

It is indeed surprising that the clients of JUBOK have not got back their money although long eight years have passed. Nobody has any idea, when actually they are going to get the money back. JUBOK is not alone in...

Excitement over WC cricket

2014-12-19 00:00:00

The World Cup cricket is only two months away and sport loving people of Bangladesh are eagerly waiting for the grand event to start. This time Australia and New Zealand are jointly hosting the WC. Pitches will be different ?fast...

Exploring conservation-livelihood options for Hilsa fishermen

Helal Uddin Ahmed while reviewing the book | 2014-12-19 00:00:00

Co-authored by Dr. Hossain Zillur Rahman, Professor Md. Abdul Wahab and Ambassador Liaquat Ali Chowdhury, the book titled 'Hilsa and Hilsa Fishermen: Exploring Conservation-LIvelihood Win-Wins' has analysed how a win-win scenario can be achieved in the conservation of Hilsa or...

Correct yourself first, Khaleda asks Hasina

2014-12-19 00:00:00

Apparently defending her son Tarique Rahman's remarks about Bangabandhu, BNP chairperson Khaleda Zia Thursday in a counter-attack asked her arch rival Prime Minister (PM) Sheikh Hasina to hold her tongue first before advising others to do so and control her...

Reject with hatred Tarique\\\'s statement

2014-12-19 00:00:00

Publicity and Publication Affairs Secretary of the ruling Awami League (AL) Dr Hasan Mahmud, MP, called upon the people of the country Thursday to reject with hatred the remarks of a drug-addict and mentally imbalanced person like BNP leader Tarique...

Mozena proud of current state of US-BD partnership

2014-12-19 00:00:00

Outgoing US Ambassador Dan W Mozena said Thursday he is proud of the current state of partnership between Bangladesh and the USA saying it has never been deeper, broader and stronger than today, reports UNB. "I reviewed the state of...

Five cases filed against Tarique for remarks about Bangabandhu

2014-12-19 00:00:00

Five defamation cases were filed against BNP senior vice-chairman Tarique Rahman Thursday in Dhaka, Comilla, Chittagong and Natore for calling Bangabandhu Sheikh Mujibur Rahman a 'great Razakar,' reports UNB. Hawkers League general secretary M Abdul Mannan filed a defamation and...

Victory Day celebrated in BD missions abroad

2014-12-19 00:00:00

Bangladesh Missions abroad celebrated the 43rd anniversary of the Victory Day on December 16 and renewed their pledge to work unitedly for the progress and prosperity of the nation and also upholding the country's image abroad, reports UNB. The Foreign...

Khaleda\\\'s graft cases trial judge transferred

2014-12-19 00:00:00

The trial judge Basu Dev Roy, who framed charges against BNP chairperson Khaleda Zia in Zia Charitable and Zia Orphanage Trust graft cases, was changed Thursday, said a Law Ministry release, reports UNB. Judge Roy, Special Judge with the rank...

President\\\'s visit to strengthen ties with India : MEA

2014-12-19 00:00:00

The visit of President Abdul Hamid to India will help further strengthen and expand the close bilateral relations between the two countries, said Indian Foreign Ministry, reports UNB. "The visit of the Bangladesh President will contribute to further strengthening and...

Court summons Mirza Fakhrul in defamation case

2014-12-19 00:00:00

A Dhaka court summoned BNP acting secretary general Mirza Fakhrul Islam Alamgir Thursday for calling Prime Minister (PM) Sheikh Hasina 'a killer' and her party Awami League 'a party of killers,' reports UNB. Dhaka metropolitan magistrate Adit Kumar Dey passed...

JMB man remanded in Mymensingh

2014-12-19 00:00:00

MYMENSINGH, Dec 18 (BSS): A court here granted three days' remand for a member of Jamaatul Mujahideen Bangladesh (JMB) in two cases filed in connection with the snatching of three JMB militants at Trishal in February this year. The name...

Sound system disorder forces ICT-1 to adjourn proceedings

2014-12-19 00:00:00

The scheduled war crimes trial proceedings could not take place at the International Crimes Tribunal-1 (ICT-1) Thursday as its electronic device for recording evidence failed to operate, reports UNB. As the tribunal resumed, Justice M Enayetur Rahim, chairman of the...