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Sensex, Nifty surge to record high

2014-07-03 00:00:00

MUMBAI, July 2 (Reuters): The BSE Sensex and Nifty surged more than 1 per cent to hit record highs on Wednesday after Finance Minister Arun Jaitley's warning against "mindless populism" raised hopes the government would unveil a fiscally prudent budget...

MRA to assess input of microcredit to GDP

Ismail Hossain | 2014-07-03 00:00:00

The Microcredit Regulatory Authority (MRA) is planning to assess the contribution of microcredit to the gross domestic product (GDP), as the regulator thinks that there is no authentic and in-depth research about the microfinance input to the economy. The 37th...

Don\\\'t manipulate loan accounts, NBFIs warned

2014-07-03 00:00:00

Bangladesh Bank (BB) Wednesday warned all non-banking financial institutions (NBFIs) against manipulating revolving loan accounts to ensuring transparency and accountability in the financial sector, reports BSS. The central bank in a directive said many NBFIs had been renewing the revolving...

FIIs bet big on India, inflows cross $10 billion

2014-07-03 00:00:00

MUMBAI, July 2 (Business Standard): Foreign institutional investors (FIIs) continue to bet big on the India story, with their net investment in Indian equities already surpassing the $10 billion mark in 2014. According to the Securities and Exchange Board of...

HK main index hits highest since Dec

2014-07-03 00:00:00

HONG KONG, July 2 (Reuters): Hong Kong's benchmark index climbed to its highest close in almost seven months on Wednesday, buoyed by upbeat China and U.S. data and an outperforming property sector. The Hang Seng Index rose 1.6 per cent...

Tokyo stocks close 0.29pc higher

2014-07-03 00:00:00

TOKYO, July 2 (AFP): Tokyo stocks closed 0.29 per cent higher on Wednesday, as the yen weakened and after Wall Street put in a strong performance with the Dow and S&P 500 powering to new record finishes. The benchmark Nikkei...

IPO Diary

2014-07-03 00:00:00

Photo: The 12th Annual General Meeting of Premier Leasing and Finance Limited

2014-07-03 00:00:00

Photo: Chairman of Karnaphuli Insurance Company Limited

2014-07-03 00:00:00

2-day road-waterway blockade in Rangamati from Friday

2014-07-03 00:00:00

Six organisations of Bangalee settlers have announced to enforce a road-waterway blockade in Rangamati  district for Friday and Saturday protesting the three-day tour of International Commission on Chittagong Hill Tracts Affairs to the hill region. The announcement came at a...

JS passes CHT Dev Board, Palli Sanchay Bank Bills

2014-07-03 00:00:00

The Jatiya Sangsad (JS) passed Wednesday the "Chittagong Hill Tracts Development Board Bill 2014' aimed at continuing the ongoing socio-economic development activities in the region, reports BSS. State Minister for Chittagong Hill Tracts Affairs Bir Bahadur Ushwe Sing moved the...

Japanese IT firms keen to recruit ITEE graduates

2014-07-03 00:00:00

Japan's leading IT companies are showing interest to recruit the Bangladeshi graduates who have passed internationally recognised Information Technology Engineers Examination (ITEE). Chief executive officers of two leading IT companies -- Island Thrust and Pretty Edge of Japan -- met...

Editors\\\' Council slams Shamim for comment

FE Report | 2014-07-03 00:00:00

The Editors' Council has strongly condemned the indecent language used by ruling Awami League lawmaker Shamim Osman against journalists. Urging Shamim to immediately withdraw his indecent comments, the council in a statement Monday said no intimidation could create obstacles for...

Govt aims to reach electricity to every household

2014-07-03 00:00:00

The government is planning to bring whole Bangladesh within the countrywide power distribution network to reach electricity to every household since the country has already achieved the capability of generating more than 11,265 megawatt power, reports BSS. Prime Minister (PM)...

Section 144 imposed on Dighinala

2014-07-03 00:00:00

KHAGRACHHARI, Jul 2 (UNB): The local administration Wednesday imposed Section 144 in an area stretching from Dighinala Upazila Parishad to Babuchhara Bazar for 18 hours Thursday as two rival groups called separate programmes at the same venue and same time....

Ex-president of BCU Faruque dies

2014-07-03 00:00:00

Engineer Khondokar Mohammad Faruque, former president of Chhatra Union, who was elected thrice as president of Engineering University Central Students' Union (EUCSU), was buried at his family graveyard at village Aisara in Tangail district with state honour Wednesday afternoon, reports...

IO in Qaiser\\\'s trial submits deposition

2014-07-03 00:00:00

The investigation officer (IO) in the trial of Syed Md Qaiser, charged with committing crimes against humanity during the War of Liberation, started Wednesday submitting her deposition at the International Crimes Tribunal (ICT)-2, reports BSS. ASP Monowara Begum started submitting...

Photo: A patch of stagnant water on a road in the city’s Gulistan area

2014-07-03 00:00:00

No more gap between public exams: Nahid

FE Report | 2014-07-03 00:00:00

There will be no interval during secondary school certificate (SSC) and higher secondary certificate (HSC) examinations excepting the government holidays from next year.  "It is too difficult to take the public examinations over a month across the country", Education Minister...

Realtors demand one-stop cell for blg approval

FE Report | 2014-07-03 00:00:00

Private realtors demanded of the government to introduce one-stop-service cell for facilitating approval of building design under Rajdhani Unnayan Kartripakkha (RAJUK) within 45 to 90 days, as they alleged inordinate delays in getting it gone. They made the plea Wednesday...

TIB stands by report on pvt universities

FE Report | 2014-07-03 00:00:00

In the face of the government's refutation of the report that indicated education commerce at private universities, the Transparency International Bangladesh (TIB) stood by its findings as it said their qualitative research followed scientific processes. In a clarification issued Wednesday,...

BB law stands in way of exploring farming scope in Africa: FM

2014-07-03 00:00:00

Bangladeshi farmers are unlikely to be able to gain any tangible success in exploring scope to cultivate lands in Africa due to some unfavorable provisions in the related Bangladesh Bank law, says Foreign Minister AH Mahmood Ali, reports UNB. Despite...

Scouts, DUJA teams call on President

2014-07-03 00:00:00

President Md Abdul Hamid has praised the activities of Bangladesh Scout and underscored the need for strengthening and expanding the scout movement in the country, reports BSS. The president made the remarks when a delegation of Bangladesh Scouts led by...

Birth Registration Day today

2014-07-03 00:00:00

The National Birth Registration Day will be observed across the country today (Thursday), reports BSS. President Md Abdul Hamid and Prime Minister (PM) Sheikh Hasina lauded the initiatives taken for easing birth records process through online registrations. On the eve...

4 killed in separate incidents in Ctg

2014-07-03 00:00:00

CHITTAGONG, July 2 (BSS): Four people were killed in separate incidents in the port city Wednesday. The dead are Mohammad Rasel (21), a worker of Bangladesh Steel Re-Rolling Mills (BSRM) in Nasirabad Industrial area in the city, Nurul Alam (41),...

4 held with Phensidyl, Yaba in city

2014-07-03 00:00:00

Officials of the Department of Narcotics Control (DNC) in separate drives arrested four people and recovered 520 bottles of Indian Phensidyl syrup and 320 pieces of Yaba tablets from the city's Bongshal and Kaptan Bazar area Tuesday night and Wednesday...

weather

2014-07-03 00:00:00

Light to moderate rain or thundershowers accompanied by temporary gusty or squally wind is likely to occur at most places over Barisal, Khulna, Chittagong and Sylhet divisions and at many places over Dhaka, Rajshahi and Rangpur divisions today (Thursday). Moderately...

Murder accused jumps to death

2014-07-03 00:00:00

TANGAIL, Jul 2 (UNB): A young man, arrested for killing his wife, allegedly committed suicide by jumping from the Chief Judicial Magistrate Court Bhaban Wednesday afternoon. The dead is Harunur Rashid Mondal (28), son of late Fulchan Mondal of Palima...

15 foreign firms vie for deal

M Azizur Rahman | 2014-07-03 00:00:00

Fifteen international firms are vying for contract to build country's first land-based liquefied natural gas (LNG) terminal at Matarbari on Moheshkhali Island in the Bay of Bengal, as the government opted for import of the fuel to meet a growing...

Crocodile skins worth $0.5m will be exported to Japan

Ziaur Rahman | 2014-07-03 00:00:00

Bangladesh is going to export crocodile skins worth about US$0.5 million to the international market by October this year. A private crocodile farm -- Reptile Farm Ltd (RFL) - will export skins of about 500 crocodiles to a Japanese firm.    ...