NEW YORK, June 21 (Reuters): US stocks rose on Friday, driving the Dow and the S&P 500 to close at record highs as the shares of 330 companies hit 52-week highs on the New York Stock Exchange. The S&P 500...
MUMBAI, June 21 (Business Standard): The fair value of the shares of Asia's oldest stock exchange is up 17.49 per cent over the last year, even as earnings went up on lower expenses. The share price has risen from Rs...
FE Report | 2014-06-22 00:00:00
Intel has introduced portable micro desktop -Next Unit of Computing (NUC) -- in the country with different varieties for different level customers. The newly introduced NUC has some extra facilities including WiFi, personal cloud storage and home theatre along with...
WASHINGTON, June 21 (AFP): Buying stock in online giant Alibaba or other Chinese Internet companies that bypass Beijing's restrictions on foreign ownership could be a big risk for investors, a US government panel warns. An agency that advises Congress on...
MUMBAI, June 21 (Business Standard): Market regulator the Securities and Exchange Board of India (Sebi) introduced a minimum subscription amount criterion to ensure adequate assets under management (AUM) in debt fund schemes. "It has been observed that many debt-oriented schemes...
MUMBAI, June 21 (Reuters): Essar Oil Ltd said its board would meet on Monday to consider delisting the company from the Bombay Stock Exchange Ltd and National Stock Exchange of India Ltd. This follows the delisting of its parent Essar...
FE Report Ninety per cent of the off-grid area would be covered under rural electrification facility by 2021 and more than 0.8 million applicants would be given connections soon. This was disclosed by Brig Gen Moin Uddin, chairman of Bangladesh...
Despite increased vigilance along the Bangladesh-Myanmar border, Rohingyas are still managing to enter the country's water territories in small fishing boats and board small ships that reportedly take them away to Malaysia, reports UNB. According to sources at the Home...
Experts at a dialogue urged the SAARC countries Saturday to create a regional climate change fund to build climate resilient South Asia by taking effective adaptation and mitigation measures, reports BSS. All South Asian countries are vulnerable to the adverse...
An elderly man was killed by his nephew along with his eight cohorts in the city Saturday over a domestic boundary wall dispute, reports BSS. The deceased was identified as Shamsuddin Ahmed (70), son of late Omar Ali, House No...
Airport armed police arrested a person along with three gold bars weighing 848 grams at Hazrat Shahjalal International Airport (HSIA) in the city, reports BSS. "We arrested one Saiful Islam from number one canopy area of the airport at 10:45...
Experts called for strict enforcement of existing laws and enhancing awareness among the people to ensure adulteration-free and poison-free food, reports BSS. They made the call at a discussion on "Toxicity in Food: Existing Laws" jointly organised by Doctors for...
A cleaner died on the spot as a motorised vehicle knocked him down in the city's Tejgaon area Saturday, reports BSS. The deceased was identified as Khorshed Alam (50), a cleaner of Dhaka City Corporation (DCC), hospital sources said.
GAZIPUR, June 21 (UNB): An alleged robber was beaten to death by mob at Dumni village under Sreepur Upazila Saturday. The deceased was identified as Sohel, a resident of Joina Bazar of the Upazila. Locals said a gang of robbers...
Rain or thundershowers accompanied by temporary gusty or squally wind is likely to occur at most places over Dhaka, Barisal, Khulna, Rajshahi, Chittagong, Rangpur and Sylhet divisions today (Sunday). Moderately heavy to very heavy falls are also likely at places...
Commerce Minister and Awami League (AL) Advisory Committee Member Tofail Ahmed said Saturday that there was no possibility of a new election in the country before the completion of five-year tenure of the present government, reports BSS. "By boycotting January...
BNP Chairperson Khaleda Zia will address a public rally in Joypurhat to mobilise public support in favour of her party's demand for holding a fresh national election, reports UNB. Joypurhat district unit BNP will arrange the rally at RB High...
FE Report The Anti-corruption Commission (ACC) found it difficult to combat corruption as most of the politicians were engaged in corrupt practices, the anti-graft body chief said at a programme Saturday. ACC Chairman M Badiuzzaman said political will was a...
Information Minister Hasanul Huq Inu at the first Commonwealth Domain Name System Forum-2014 conference in London emphasised the development of Country Code Top Level Domains (ccTLDs) for each country, reports UNB. The minister said this while presiding over a session...
Bangladesh Shipping Corporation (BSC) has purchased six foreign-made ships at a cost of over Tk 14.50billion. "These ships would be used for commercial purpose including loading of public goods," Commodore Maksudul Quader, managing director of BSC, told BSS. Quader said...
Prime Minister (PM) Sheikh Hasina's Information and Communication Technology (ICT) adviser Sajeeb Wazed Joy said on Saturday the 4G (fourth generation) telecommunications technology will be implemented within the tenure of the present government, reports UNB. "We had implemented the 3G...
Hiron's wife takes oath today as MP Jebunnesa Afroz, wife of late ruling Awami League (AL) MP Shawkat Hossain Hiron will take oath as the lawmaker of Barisal-5 constituency today (Sunday). Speaker Shirin Sharmin Chaudhury will administer the oath at...
FE Report | 2014-06-22 00:00:00
Finance Minister AMA Muhith listed Saturday the sluggish private investment and manufacturing activities as a major roadblock in the efforts to accelerate the country's economic growth. Mr. Muhith felt the need for removing the impediments to faster economic growth with...
M Azizur Rahman | 2014-06-22 00:00:00
A new gas field has been discovered in Rupganj of Narayanganj, close by the capital, which may hold a recoverable reserve of around 50 billion cubic feet (Bcf) of the fossil fuel. The state-owned Bangladesh Petroleum Exploration and Production Company...
Zaglul Ahmed Chowdhury | 2014-06-22 00:00:00
The upcoming visit of India's new external affairs minister Sushma Swaraj to Bangladesh will be of a 'goodwill' gesture in nature. But substantial discussions will take place between the two sides on a variety of issues ranging from bilateral matters...
FE Report | 2014-06-22 00:00:00
Senior economists at a conference in Dhaka on Saturday found the rate of private investment too low compared to that of national savings and wanted a balance between the two by offering incentives for the latter. They also focused on...
FE Report | 2014-06-22 00:00:00
Leading economists Saturday stressed augmenting overall industrial productivity and employment generation by recomposing sectoral contribution to gross domestic product (GDP) for achieving sustainable development. Political will is a must to address these challenges, they said, as the government eyes higher...
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