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BSE derivative turnover spikes to Rs 116t for Apr-Oct

2014-11-03 00:00:00

NEW DELHI, Nov 2 (PTI): Equity derivative turnover at BSE has grown substantially to over Rs 116 trillion so far in the current fiscal, from year-ago levels, as the exchange has put in place new measures including technology systems for...

FPIs pull out Rs 12b from equities in Oct

2014-11-03 00:00:00

NEW DELHI, Nov 2 (PTI): Overseas investors have pulled out nearly Rs 12 billion from the Indian stock market in October, making it the first monthly withdrawal in 14-months, mainly on account of profit-booking. In comparison, the debt market saw...

Top 10 Sensex cos add Rs 976.48b to m-cap

2014-11-03 00:00:00

NEW DELHI, Nov 2 (PTI): As the BSE Sensex gained over 1,000 points last week, the top 10 companies saw a combined addition of over Rs 976.48 billion to market capitalisation during the past week. Each of these firms saw...

Photo: ONE Bank Limited

2014-11-03 00:00:00

Photo: The divisional business conference

2014-11-03 00:00:00

Photo: Vice Chairman of Uttara Bank Limited

2014-11-03 00:00:00

Photo: NCC Bank Limited

2014-11-03 00:00:00

Photo: City Bank

2014-11-03 00:00:00

Early Aman brings profits to farmers

Yasir Wardad | 2014-11-03 00:00:00

Farmers in many parts of the country have started harvesting early variety of Aman crop, bringing profits to the peasants, farmers and officials said. The farming community in the north, south and Haor regions in the eastern parts is now...

Japan steelmakers likely to boost exports

2014-11-03 00:00:00

TOKYO, Oct 31 (Reuters):  Japan's top steelmakers reported higher first-half earnings this week, but slowing demand and bloated stockpiles could push them to sell more overseas, adding to a global glut that has dragged Asian prices to five-year lows. Prime...

Poor dietary practices lead to malnutrition

2014-11-03 00:00:00

Health experts and officials at a seminar said poor dietary practices along with inadequate knowledge on food values are contributing to malnutrition among the children under five years, reports BSS. A significant number of people are suffering from different forms...

Resolution of Thai rice stockpile in sight, risks remain

2014-11-03 00:00:00

LAUNCESTON, Australia, Nov 2(Reuters): Two things have become clearer from the Thai military government's review of the nation's massive rice stockpile. Firstly, rice prices will remain depressed for some time yet, and secondly, the situation isn't as dire as it...

Certification issue holds back organic exports prospects

Badrul Ahsan | 2014-11-03 00:00:00

Local producers are missing huge opportunities of export of their organic foods to the international chain superstores and other market places mainly due to lack of an accreditation board for transparent and credible certification. Industry circles said around 15,000 farmers...

Biman set to resume domestic flights by Dec

Ziaur Rahman | 2014-11-03 00:00:00

State carrier Biman is going to resume domestic flights by December this year after seven years of suspention, an official said. The official said the national flag carrier has already finalised the lease process for two Dash-8-Q-400 aircraft from Egypt...

Ship-breakers left out of insurance cover

Shah Alam Nur | 2014-11-03 00:00:00

Workers in the ship-breaking industry are still left out of group-insurance coverage, despite the fact that some fatal accidents have occurred in recent times.        Absence of proper government inspections is mainly attributed to leaving thousands of people working at the...

News Briefs

2014-11-03 00:00:00

Halloween celebrated at The Peninsula Chittagong The Peninsula Chittagong has been celebrating ‘Halloween Theme Party' for the last consecutive two years. And it has become one of the most popular, exciting and appreciated theme parties for the people of the...

Photo: Midland Bank Limited

2014-11-03 00:00:00

Photo: South Bangla Agriculture & Commerce (SBAC) Bank Limited

2014-11-03 00:00:00

50pc fall in Oct orders from EU market for BD shrimp

Sonia H Moni | 2014-11-03 00:00:00

Exporters of frozen foods received 50 per cent less orders from the European market in October although it is annual high time of this trade ahead of the Christmas Day fiesta. Businessmen fixed two problems: vast vennanie production and strong...

Edible oils much dearer than production costs

Syful Islam | 2014-11-03 00:00:00

Millers are selling edible oils at much higher rates than production costs, according to a government study on the price rises and possible remedies.     The study report recommends that the ministry of commerce (MoC) take steps to bring the jacked-up...

Lankan diplomat stresses FTA

Talha Bin Habib | 2014-11-03 00:00:00

Signing of a Free Trade Agreement (FTA) can help Bangladesh and Sri Lanka narrow the trade imbalance, a diplomat of the island nation has said.    "FTA is an effective means through which we can increase bilateral trade. This can also...

BD mission in Vienna opens

FE Report | 2014-11-03 00:00:00

The government opened the first diplomatic mission in Vienna Saturday aiming at giving its four-decade-old bilateral relationship with Austria a new momentum. In a statement on this occasion, the Bangladesh Embassy in Vienna expressed deep appreciation to the government of...

Photo: FinExcel

2014-11-03 00:00:00

exchange rate

2014-11-03 00:00:00

India\\\'s e-commerce industry booms

2014-11-03 00:00:00

NEW DELHI, Nov 2 (IANS): After foreign investors injected some mega millions into India's e-retail companies in recent months, including the $627 million for SnapDeal by Japan's Softbank, public listing of shares and consolidation are seen as next big developments...

Shanghai mayor pledges to speed up FTZ reform

2014-11-03 00:00:00

SHANGHAI, Nov 2 (BSS/AFP): Shanghai's mayor promised today to speed up development of China's first free trade zone (FTZ) a year after it opened, as a chorus of foreign companies expressed disappointment over the pace of pledged reforms. The FTZ...

Thousands of low-paid Britons set for pay rise

2014-11-03 00:00:00

Thousands of UK workers are set for a pay rise after a surge in the number of companies signed up to the Living Wage, reports BBC. The number of companies has more than doubled in the last year, meaning 35,000...

Britain\\\'s Islamic finance mkt widens with govt, pvt moves

2014-11-03 00:00:00

The scope of Britain's Islamic finance market is widening with several initiatives from the government and private sector, although the country is about to lose one of its six full-fledged Islamic banks, reports Reuters. In June, Britain became the first...

S Korea stresses turning yen threat into opportunity

2014-11-03 00:00:00

SEOUL, Nov 2 (Reuters): South Korea expressed its concern on Sunday about the possible impact on its export industries from the yen's renewed weakness but stopped short of promising any action aimed at pulling the won's value down. Ahn Chong-bum,...

Chinese efforts towards wider connectivity

Muhammad Zamir | 2014-11-03 00:00:00

President Xi Jinping of China called for joint development of an "Economic Belt along the Silk Road" and a "Maritime Silk Road of the 21st Century" during his separate visits to Kazakhstan and Indonesia in September and October 2013. These...