The government has moved to import 0.2 million tonnes of urea and 50,000 tonnes of wheat to meet the domestic demand, reports UNB. The Cabinet Purchase Committee is going to consider its approval to three proposals on bulk import of...
FE Report The process of setting up of Central Effluent Treatment Plant (CETP) and relocation of tanneries from the city's Hazaribagh to suburb Savar became uncertain, as the High Court (HC) recently issued a stay order for three months. A...
LONDON, Dec 13 (AFP): Britain's 12-month inflation dipped to a rate of 4.8 percent in November from 5.0 percent in October, helped by lower food and petrol prices, official data showed Tuesday. Consumer Prices Index (CPI) inflation increased by 0.2...
Arafat Ara Export earning from jute sector dropped by six per cent during the July-November period of current fiscal year (2011-12) due to debt crisis in developed countries, said industry leaders. Following the financial crisis in Europe we are getting...
NEW YORK, December 13 (Reuters): The United States could soon help relieve India's growing natural gas shortfall by supplying the major energy consumer with liquefied natural gas. Huge increases in U.S. natural gas production in recent years thanks to shale...
WB sees risks to growth in EU tightening WASHINGTON, Dec 13: Europe's solutions to the eurozone crisis could hit growth around the world and especially in neighboring countries where EU banks are strong, World Bank (WB) President Robert Zoellick warned...
LONDON, Dec 13 (AFP): British Prime Minister David Cameron told lawmakers Monday that his decision to veto a new EU treaty was in the national interest, while insisting that membership of the bloc remained vital. Deputy Prime Minister Nick Clegg...
MUMBAI, Dec 13 (AFP): The Indian rupee today hit a record low against the dollar due to continued demand for the US currency, amid concerns over eurozone debt as well as weak domestic data. The local unit dropped 35 paise...
FRANKFURT, Dec 13 (AFP): Eurozone banks deposited the biggest amount of overnight funds at the ECB for more than a year Monday, official data showed Tuesday in a signal of banks' wariness of lending to each other. Banks put 346.36...
KATHMANDU, Dec 13 (Xinhua): With an objective of promoting national brands of footwear and leather goods, the eight Leather Goods and Footwear Expo 2011 will be organised from December 19-25 at the City Hall in Nepali capital Kathmandu. Domestic footwear...
WASHINGTON, DEC 12 (Reuters): The US government budget deficit fell 9 per cent in November to $137.30 billion from a year-earlier level of $150.39 billion, the Treasury Department reported Monday. The monthly US budget deficit, while still high by historical...
NEW DELHI, Dec 13 (Economic Times): The government Tuesday said the current fiscal may end with inflation of around 7 per cent, driven by moderation in demand side pressures and record food grain production this year. This is due to...
SANTIAGO, Dec 13 (Xinhua): Finance ministers from Chile, Colombia, Mexico, Peru and Uruguay Monday agreed to boost measures to mitigate the effects of the global economic crisis. The ministers agreed to increase liquidity and public investment, improve fiscal accounts, and...
The Benchmark General Index DGEN after displaying reversal sign previous day, rallied sharply to register gain of more than four percent with much improved volume. The regulator's monitoring had led to declining sell pressure over the past couple of weeks...
Shah Alam Nur The Export Promotion Bureau (EPB) has taken up action plans to achieve export goals from the country's missions abroad. In doing so, the EPB will send a letter to the foreign affairs ministry requesting them to take...
BEIJING, Dec 13 (Reuters): China, the world's top cotton consumer, imported 378,200 tonnes of the fibre in November, a rise of 199.6 per cent from a year earlier, according to customs data cited by an industry website (www.cncotton.com). The November...
Md Mazadul Hoque The country's private commercial banks (PCBs) are now focusing more on disbursing SME loans instead of project loans, as applications for project loans are almost absent due to power and gas crises, bankers said. The entrepreneurs who...
LONDON, Dec 13 (Reuters): Spot gold fell to a seven-week low on Tuesday, extending a 2.6 per cent decline in the previous session, on concerns ratings agencies may downgrade some euro zone nations over a lack of concrete plans to...
NEW DELHI, Dec 13 (Business Standard): Silver prices rose by 0.50 per cent to Rs 56,423 55,263 per kg in futures market today, mostly on the back of covering up of short positions by speculators, even as the metal dropped...
FE Report The World Bank (WB) has expressed its satisfaction over the progress of electronic-government procurement (e-GP) process and said the project is going ahead in improving transparency and competitiveness. A World Bank team recently reviewed the status of Public...
Borrowing by the Bangladesh government rose sharply year on year in the four months to October to fund subsidies i n different sectors which business leaders say threaten the growth of the private sector, reports Reuters A senior finance ministry...
NEW DELHI, Dec 13 (Economic Times): Addressing the Parliament, Finance Minister Pranab Mukherjee Tuesday said that there was no policy paralysis in the government functioning. Pranab Mukherjee vehemently stated that the Indian economy was strong and that the real issue...
LONDON, Dec 13 (Reuters): Healthy production levels by OPEC will help balance oil markets next year as demand growth slows, the West's energy watchdog said Tuesday, a day ahead of a policy-setting meeting by the producer group. The International Energy...
CALIFORNIA, Dec 13 (BBC News): Shares in Asian makers of computer chips fell Tuesday, after Intel cut its revenue forecast. Intel, the world's largest maker of microprocessors, said on Monday it was due to a shortage of hard disk drives....
GENEVA, Dec 13 (AFP): The Swiss government Tuesday cut its 2012 growth forecast to 0.5 per cent from 0.9 per cent, as the eurozone crisis was expected to accelerate a slowdown in the country's economy. However, a bounce is expected...
NEW DELHI, Dec 13 (Reuters): Indian Oil Corp's current borrowings are at over 790 billion rupees ($14.9 billion) which it hopes to reduce by early January with some cash compensation from the government, its chairman R.S. Butola said Tuesday. He...
RANGPUR, Dec 13 (BSS): The government has been implementing massive social safety-net programmes under 80 categories at Tk. 225.56b during the current 2011-2012 fiscal to alleviate poverty in the country. Divisional Commissioner Jashim Uddin Ahmed disclosed the information yesterday while...
NATORE, Dec 13 (UNB): A local Awami League leader and the district unit president of Hindu-Bouddha-Christian Oikya Parishad (HBCOP) were injured and mugged by robbers on Natore-Bogra-Rajshahi highway at Chalanbil in Singra upazila early Tuesday. Locals said the upazila unit...
NATORE, Dec 13 (UNB): A bicyclist was killed in a road accident at Bonbelghoria in the town on Monday evening. The deceased was identified as Moksed Ali, a worker at Guddu Hatchery, located at Bonbelghoria. Police said a Pabna-bound speedy...
RAJSHAHI, Dec 13 (BSS): Zero tolerance against all sorts of violence and repression against women is very important for the sake of mainstreaming the womenfolk everywhere in the society for total welfare of the nation, speakers said at a daylong...
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