NEW DELHI, Dec 13 (AFP): India's monthly industrial output contracted and inflation hit a near three-year low, official data showed Friday, fuelling hopes of a rate cut next year. Production by India's factories, mines and utilities was down 4.2 per...
The government has decided to allow online registration for Hajj without machine readable passports (MRP) for the time being. Saudi Arabia has made possession of MRP mandatory for pilgrims, Religious Affairs Minister Motiur Rahman has said. He said the government...
NEW YORK, Dec 13 (Reuters) : US consumer sentiment rose in December to a near eight-year high on improved prospects for jobs and wages and on lower gasoline prices, a survey released on Friday showed. The Thomson Reuters/University of Michigan's...
WASHINGTON, Dec 13 (AFP): Ratings agency Fitch cut France's credit grade by one notch to "AA" Friday, saying Paris's efforts to trim its fiscal deficit have fallen short to avoid a downgrade. "The weak outlook for the French economy impairs...
WASHINGTON, Dec 13 (Xinhua): Senior US commerce and trade officials Friday highlighted the importance of moving forward trade and investment cooperation with China at the upcoming high- level trade talks to be held in Chicago. With the US-China Joint Commission...
BRUSSELS, Dec 13 (AFP) : Industrial output in the eurozone rose a very slight 0.1 per cent in October, official data showed on Friday, in another sign that the European economy remains stalled. The feeble rise in factory output data...
Bangladesh Air Force clinched the Walton Smart TV Victory-Day Volleyball title beating Bangladesh Army by straight 25-20, 25-23, 25-23 points in the final at Dhaka Volleyball Stadium Saturday, reports UNB. Power Development Board (PDB) finished 3rd in the eight-team competition...
ADELAIDE, Dec 13 (AFP): Nathan Lyon bowled Australia to a gripping 48-run victory with Indian skipper Virat Kohli almost conjuring a come-from-behind win with a magnificent last day century in the first Adelaide Test Saturday. The off-spinner claimed seven wickets...
The 11th round matches of the Walton Refrigerator Dhaka Metropolis Premier Division Cricket League (DPL) begins today (Sunday) at different venues in the capital and adjoining areas, reports UNB. All matches will begin at 9:00 am. In the day's matches...
Bangladesh Cricket Board (BCB) Saturday announced two teams to play the Victory Day Exhibition Match marking the Victory Day Tuesday at the Sher-e-Bangla National Cricket Stadium in the city, reports UNB. The T20 exhibition match will begin at 10:30 am....
KANDY, Dec 13 (AFP): Kumar Sangakkara slammed a run-a-ball 112 Saturday to set up Sri Lanka's series-clinching 90-run victory over England in the sixth one-day international in Kandy. The victory helped Sri Lanka take an unassailable 4-2 lead in the...
SHARJAH, Dec 13 (AFP): Pakistan Saturday recalled leg-spinner Yasir Shah and all-rounder Awar Ali for the three remaining one-day internationals against New Zealand as they continued to sweat over skipper Misbah-ul Haq's injury. Pakistan went down by four wickets in...
Bangladesh Air Force moved final of the Walton Victory Day Kabaddi with maximum eight points beating Bangladesh Jail by 32-20 points Saturday at the Kabaddi Stadium, reports BSS. Earlier, Bangladesh Army confirmed their final round berth securing seven points. The...
Heroic Kohli happy to hand back India captaincy to Dhoni ADELAIDE, Dec 13: Virat Kohli may have scored one of Test cricket's greatest final innings centuries and led India within sight of beating Australia, but he's more than happy to...
Mohammad Mufazzal | 2014-12-14 00:00:00
Most of the listed companies, which went public in the last couple of years, have failed to sustain the 'unusually' rising market prices of their shares due to multiple reasons including their 'doubtful' and poor fundamentals. Market insiders and experts...
FE Desk Report | 2014-12-14 00:00:00
Mutual Trust Bank Limited (MTB) has arranged issue of Commercial Paper of BDT 450 million covered by Bank Guarantee for Pran Agro Ltd., a concern of PRAN-RFL Group, with the closing ceremony held at a city hotel recently. Shitangshu Kumar...
FE Report | 2014-12-14 00:00:00
IPO subscription of Shasha Denims Ltd (SDL), a sister concern of Shasha Group, one of the leading denim producers in Bangladesh will begin today (Sunday). The company will raise Tk 1.75 billion. Export-oriented Shasha Denims plans to expand its production...
BD Finance has recently opened a new branch at Chouhatta in Sylhet to provide a wide-range financial services including deposit and loan products under its retail scheme to the people of the area. Mr. Hossain Khaled, Chairman, BD Finance formally...
RANGPUR, Dec 13 (BSS): The Shyampur Sugar Mills Ltd under Badarganj upazila launched crushing sugarcane for the 2014-2015 seasons on Friday to produce 5,075 tonne sugar from 70,000 tonne sugarcane. Member of the Parliamentary Standing Committee on Industries Ministry Abul...
BSE-listed SME firms' market cap tops Rs 100b MUMBAI, Dec 13: The total value of small and medium enterprises (SME) listed on the BSE SME platform crossed the Rs 100-billion mark, for the first time, on Friday. The market-capitalisation of...
MUMBAI, Dec 13 (Business Standard): Dalal Street's most-favoured fund-raising instrument qualified institutional placements (QIPs), have staged a strong comeback in 2014. A sustained rally in the secondary market, robust flows from abroad and drastic improvement in investor appetite towards equity...
HONG KONG, Dec 13 (Reuters): Hong Kong shares edged down on Friday as investors stayed cautious, with some worrying that good US retail data will cause the Federal Reserve to starting raising interest rates not too far into 2015. The...
Mohammad Muzahidul Islam | 2014-12-14 00:00:00
The implementation of Fire, Building and Electrical safety measures is evident after the heart-rending incidents of Rana Plaza collapse and Tazreen Fashions blaze, but a question remains: are we putting much emphasis on occupational health and safety of the workers?...
Anwar Faruq Talukder | 2014-12-14 00:00:00
Banks and financial institutions are the most important organisations for financial intermediation and economic emancipation of a country. A well-organised banking system can accelerate development of any country. Commercial banks' prime motto is to maximise profit for its shareholders. Every...
A drive conducted by a mobile court, assisted by the members of the Rapid Action Battalion (RAB), Friday last in the city's Hazaribagh, country's main tannery hub, reminded the millions of consumers of the dangers they are exposed to all...
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