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Photo: Social Islami Bank Limited

2014-07-04 00:00:00

Sensex edges down after hitting record highs

2014-07-04 00:00:00

MUMBAI, July 3 (Reuters): The BSE Sensex fell slightly on Thursday, retreating from record highs hit earlier in the session, as investors snapped a four-day rally by booking profits in recent outperformers such as Hindalco Industries. Trading was marred after...

Tokyo stocks close down 0.14pc

2014-07-04 00:00:00

TOKYO, July 3 (AFP): Tokyo stocks closed down 0.14 per cent on Thursday, giving up early gains as profit-taking overshadowed another record close on Wall Street, although the weaker yen supported exporters. The benchmark Nikkei 225 index edged down 21.68...

World shares dip from a record high

2014-07-04 00:00:00

LONDON, July 3 (Reuters): World shares dipped from a record high and the dollar and US bond yields climbed on Thursday as strong jobs data added to bets that US interest rates could rise within the next six months. US...

Sebi seeks reply from BSE on market shutdown

2014-07-04 00:00:00

MUMBAI, July 3 (Business Standard): Capital market regulator Securities and Exchange Board of India (Sebi) has sought a reply from the Bombay Stock Exchange (BSE), which had shutdown all markets due to a network outage. Asia's oldest stock exchange, BSE,...

HK index inches down

2014-07-04 00:00:00

HONG KONG, July 3 (Reuters): Hong Kong's benchmark index slipped on Thursday but stayed close to a near seven-month peak as some investors took profit on strong gains the previous day. The Hang Seng Index inched down 0.1 per cent...

ICB AMCL discloses NAV of MFs

2014-07-04 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 July 2, 2014, said a...

IPO Diary

2014-07-04 00:00:00

Photo: Dhaka Insurance Limited

2014-07-04 00:00:00

Photo: Crystal Insurance Company Limited

2014-07-04 00:00:00

Iraq faces existential crisis: The confederation option

Abdur Rahman Chowdhury | 2014-07-04 00:00:00

The Islamic State of Iraq and Syria (ISIS), a little known radical outfit operating in the border zones of Syria, Lebanon and Iraq, has suddenly gained strength and marched towards Baghdad. It occupied the second most-populated Iraqi city of Mosul...

The dilemma Modi faces

K. B. Ahmed | 2014-07-04 00:00:00

Between perception and reality, Mr. Narendra Modi, the newly elected Prime Minister of India, got himself suspended in animation. Pundits from all corners are extrapolating various options and suggesting various courses of actions that will establish Mr. Modi as one...

Political confrontation and killing

2014-07-04 00:00:00

In its latest numerical report on human rights violation, the Ain-O-Salish Kendra has held the total number of political killings at 117 and the wounded at more than 5,000 in the first six months of the current year. If the...

When low end of economy pulsates

Nilratan Halder | 2014-07-04 00:00:00

If the month of Ramadan is a time for self-abnegation, its all-inclusive impact on the population far surpasses most people's imagination. When the number of rickshaw-pullers in the cities and towns, particularly in the capital, goes up, according to conservative...

Online shopping fad catches up with youths

Ridwan Quaium | 2014-07-04 00:00:00

Online shopping, especially buying and selling second-hand items, is now the latest craze in the country. To cater to the growing demand for online shopping, several websites and Facebook groups have emerged to provide this service. However, after going through...

Small children burdened with books

2014-07-04 00:00:00

According to the present trend even three-year old boys and girls are going to school. Parents send their children to school very early in the morning though the toddlers are not interested to go.  Their parents are not ready to...

Avoid greasy, deep fried food during Ramadan

2014-07-04 00:00:00

After the day of fasting, we take iftar which are too much deep fried and greasy. This is not good for health. As a result many fall sick and miss the important fasting of holy Ramadan. In the past I...

World Cup reaches its climax

2014-07-04 00:00:00

The World Cup football reached its final phase, all is set for the titans to play for the quarterfinals. Most of the big names are there except one, Spain. Only eight matches left including a play-off for the third place...

Film financing: An option yet to be explored

Mohammad Mayeen Uddin | 2014-07-04 00:00:00

Film financing is an aspect of film production and it concerns determining the potential value of a proposed film. The main factors determining the commercial success of a film include public taste, artistic merit, competition from other films released at...

Celebration of life and love

Shihab Sarkar reviewing the book | 2014-07-04 00:00:00

Not long ago, using the word 'poetess', the feminine gender of 'poet', was very much in vogue in the sub-continent. The poetesses are long gone, but the female sensibilities, in some cases feminist activism, have made inroads. No self-conscious and...

United resistance for elimination of militants urged

2014-07-04 00:00:00

Information Minister Hasanul Huq Inu called upon people from all shades of opinion and religious belief to build a united resistance for elimination of militants and terrorists from the country, according to a news agency. "Islam says religion is for...

MoC seeks spl allocation for big projects from next fiscal

Munima Sultana | 2014-07-04 00:00:00

 The ministry of communication (MoC) has sought a special allocation for its seven big projects like the Padma Bridge from the next fiscal to tide over the difficulty with distribution of funds for ongoing projects. The ministry finds it hard...

Thrust on strengthening leather sector

FE Report | 2014-07-04 00:00:00

Leather Sector- Industry Skills Council (ISC) organised a meeting recently to discuss how to strengthen Leather Sector- Industry Skills Council in sync with Technical Vocational and Educational Training (TVET) projects. International Labour Organization (ILO), Centre of Excellence for Leather Skill...

PMO, BEPZA ink MoU to implement Vision-2021

2014-07-04 00:00:00

Prime Minister's Office and Bangladesh Export Processing Zones Authority recently signed a Memorandum of Understanding on Performance Management to evaluate the qualitative and quantitative activities of BEPZA for the FY 2014-15. Broader implementation of Vision-2021 is the main objective of...

India services growth hits 17-month high in June

2014-07-04 00:00:00

Activity in India's services sector grew at its fastest pace in well over a year in June as new business poured in, adding to signs of a pick-up in the economy even as inflation remains high, a survey showed on...

All efforts fail to arrest price hike

2014-07-04 00:00:00

All efforts by the government and regulatory agencies have failed to arrest the growing prices of essentials during the month of Ramadan, according to a news agency. The government has banned exports of several items and tightened vigil on markets...

News Briefs

2014-07-04 00:00:00

BHBFC earns Tk 1.95b Bangladesh House Building Finance Corporation (BHBFC) provisionally posted a net profit of about Tk. 1.95 billion in the fiscal year 2013-2014. It was Tk 1.88 billion in the fiscal year 2012-2013. During the fiscal year, BHBFC...

Global food prices fall

2014-07-04 00:00:00

ROME, Jul 3 (Reuters): The outlook for world supplies of cereals and vegetable oils improved in June, contributing to the third straight monthly drop in global food prices, the United Nations' food agency said on Thursday. The Food and Agriculture...

Photo: Modhumoti Bank Limited

2014-07-04 00:00:00

Govt\\\'s failure to finalise rules hinders execution of anti-tobacco law

FHM Humayan Kabir | 2014-07-04 00:00:00

The government has failed to finalise the Rules even after amending the tobacco control law more than a year back in April, 2013 thus hindering the implementation of the anti-tobacco law, officials said Thursday. Health ministry officials said they had...