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India to hike subsidy for key fertilisers

2011-04-29 00:00:00

NEW DELHI, Apr 29 (Commodity Online): In an attempt to ensure uninterrupted availability of potash and diammonium phosphate during the coming kharif sowing season, India increased the benchmark prices of these key fertilisers. India's cabinet approved increasing prices at which...

Russia to ban gasoline exports amid shortages

2011-04-29 00:00:00

MOSCOW, Apr 28 (AFP): Russia announced Thursday it would not export any gasoline next month and would direct all sales to the domestic market in a bid to curb a recent shortage that saw a jump in prices. "In May,...

Gold rallies after Fed, silver steadies

2011-04-29 00:00:00

NEW YORK, Apr 28 (Business Recorder): Gold rose by almost 1 per cent Thursday and silver steadied after a sharp sell-off in the previous session, with both benefiting from the US Federal Reserve announcement it would keep interest rates very...

Janata Bank gets Productive Location Award

2011-04-29 00:00:00

Western Union has awarded Janata Bank Ltd 'Productive Location Champion-2010'. Janata Bank has achieved the award for extending Western Union network through its 856 branches. The award was given at Asia Pacific Agent Summit in china recently. Earlier, Janata Bank...

2nd Asia Business Expo begins Sept 15

2011-04-29 00:00:00

The second annual Asia Business Expo, a three-day event, will begin at Broward County Convention Centre of Florida in the USA on September 15. The Global Business Council, Bangladesh American Chamber of Commerce and the India Business Council will jointly...

State Bank of India to open branch at Rajshahi

2011-04-29 00:00:00

A three-member delegation of the State Bank of India called on Mayor of the Rajshahi City Corporation AHM Khairuzzaman Liton at the latter's office here today. During the meeting, the team apprised the mayor that a new branch of the...

Govt cancels 10 more Hajj agency licences

2011-04-29 00:00:00

The government has cancelled licences of 10 more hajj agencies for various irregularities during the holy hajj in 2010. The agencies are: R H Majumdar Travel, Shaheen Travels International, Liberty Travel, RS Travel International, Goodwill Aviation Services, Jiban Travels Ltd,...

Myanmar, China to build rail link

2011-04-29 00:00:00

YANGON, Apr 28: Myanmar and China plan to build a railroad together that will link China's landlocked Yunnan province to a deep-sea port being built in Myanmar's Rakhine state. The state-run newspaper New Light of Myanmar reported Thursday the project...

weather

2011-04-29 00:00:00

Rain or thundershowers accompanied by temporary gusty or squally wind is likely at a few places over Dhaka, Barisal and Chittagong divisions and at one or two places over Khulna, Rajshahi, Rangpur and Sylhet divisions in next 24 hours till...

MoI to assist BUET to set up Metal Institute******

2011-04-29 00:00:00

FE ReportThe Ministry of Industries (MoI) will provide all assistance to the BUET to set up a Metal Institute to increase research and training facilities for ensuring industrial development of the country, Industries Minister Dilip Barua said Thursday. "Effective coordination...

Hyundai Motor agrees China tie-up

2011-04-29 00:00:00

SEOUL, Apr 28 (AFP): South Korea's largest automaker Hyundai Motor Company Thursday signed an agreement with China's Sichuan Nanjun Automobile Group Co. (Nanjun Auto) to set up a joint venture. The agreement, signed in Chengdu in the southwestern Chinese province...

India may use Dubai or Turkey for crude oil payments to Iran

2011-04-29 00:00:00

NEW DELHI, Apr 28 (PTI): After Germany's refusal to route its payments to Iran, India is exploring using Dubai or Turkey based banks as conduit for paying for crude oil imports from the Persian Gulf nation. "We are exploring if...

India to hike subsidy for key fertilisers

2011-04-29 00:00:00

NEW DELHI, Apr 29 (Commodity Online): In an attempt to ensure uninterrupted availability of potash and diammonium phosphate during the coming kharif sowing season, India increased the benchmark prices of these key fertilisers. India's cabinet approved increasing prices at which...

Russia to ban gasoline exports amid shortages

2011-04-29 00:00:00

MOSCOW, Apr 28 (AFP): Russia announced Thursday it would not export any gasoline next month and would direct all sales to the domestic market in a bid to curb a recent shortage that saw a jump in prices. "In May,...

Gold rallies after Fed, silver steadies

2011-04-29 00:00:00

NEW YORK, Apr 28 (Business Recorder): Gold rose by almost 1 per cent Thursday and silver steadied after a sharp sell-off in the previous session, with both benefiting from the US Federal Reserve announcement it would keep interest rates very...

Janata Bank gets Productive Location Award

2011-04-29 00:00:00

Western Union has awarded Janata Bank Ltd 'Productive Location Champion-2010'. Janata Bank has achieved the award for extending Western Union network through its 856 branches. The award was given at Asia Pacific Agent Summit in china recently. Earlier, Janata Bank...

2nd Asia Business Expo begins Sept 15

2011-04-29 00:00:00

The second annual Asia Business Expo, a three-day event, will begin at Broward County Convention Centre of Florida in the USA on September 15. The Global Business Council, Bangladesh American Chamber of Commerce and the India Business Council will jointly...

State Bank of India to open branch at Rajshahi

2011-04-29 00:00:00

A three-member delegation of the State Bank of India called on Mayor of the Rajshahi City Corporation AHM Khairuzzaman Liton at the latter's office here today. During the meeting, the team apprised the mayor that a new branch of the...

Govt cancels 10 more Hajj agency licences

2011-04-29 00:00:00

The government has cancelled licences of 10 more hajj agencies for various irregularities during the holy hajj in 2010. The agencies are: R H Majumdar Travel, Shaheen Travels International, Liberty Travel, RS Travel International, Goodwill Aviation Services, Jiban Travels Ltd,...

Myanmar, China to build rail link

2011-04-29 00:00:00

YANGON, Apr 28: Myanmar and China plan to build a railroad together that will link China's landlocked Yunnan province to a deep-sea port being built in Myanmar's Rakhine state. The state-run newspaper New Light of Myanmar reported Thursday the project...

weather

2011-04-29 00:00:00

Rain or thundershowers accompanied by temporary gusty or squally wind is likely at a few places over Dhaka, Barisal and Chittagong divisions and at one or two places over Khulna, Rajshahi, Rangpur and Sylhet divisions in next 24 hours till...

Ashuganj river port being upgraded

2011-04-29 00:00:00

Our Correspondent BRAHMANBARIA, Apr 28: Bangladesh Government has started the process to construct a container transshipment port of international standard in Ashuganj, shipping minister Shahjahan Khan informed the journalists of print and electronics media Wednesday. In the meantime, the project...

Spot assessment of income tax starts in Syedpur

2011-04-29 00:00:00

Our CorrespondentNILPHAMARI, Apr 28: On the direction of National Board of Revenue (NBR), Rangpur zone Income tax Head Office started the process of spot assessment of income tax across the zone. As a part of the process Syedpur circle income...

6 agri-markets left unused in Joypurhat

2011-04-29 00:00:00

Our Correspondent JOYPURHAT, Apr 28: The six agri-markets in Joypurhat district constructed with more than Tk 25 million are lying unused for a long time. The markets had been made for root-level agri-growers so that they are able to sell...

Election schedules of 76 UPs announced

2011-04-29 00:00:00

in FaridpurFARIDPUR, Apr 28 (BSS): Election schedules of 76 union Parishads (UPs) out of the total 79 in nine Upazilas of the district have been announced. According to official sources, polling in six unions of Alfadanga Upazila will be held...

153 BGB mutineers jailed in Chittagong

2011-04-29 00:00:00

CHITTAGONG, Apr 28 (UNB) : Some 153 jawans of BGB Training Centre and School at Baitul Izzat in Satkania Upazila were sentenced to different jail terms Thursday for their involvement in the 2009 mutiny. Of the convicts, 80 were given...

2 men to walk to gallows for dowry

2011-04-29 00:00:00

KUSHTIA, Apr 28 (UNB) : A tribunal here Wednesday in separate verdicts convicted two men and awarded them capital punishment in absentia for killing their wives for dowry. The condemned convicts are Alam Malitha (30), resident of Joyrampur village in...

Transport strike again in Meherpur

2011-04-29 00:00:00

MEHERPUR, Apr 28 (UNB) : Local transport workers association Thursday morning again enforced a transport strike demanding stoppage of plying of human haulers and punishment to the attackers on motor workers. All vehicles running on inter-district and long distance routes...

Jute goods ventures rise in Rangpur

2011-04-29 00:00:00

Our Correspondent RANGPUR, Apr 28: An increase in demand for jute products, especially handicraft goods has made small enterprises of the north enthusiastic and optimistic of going ahead with ventures. More than 150 enterprises in Rangpur division are now producing...

State Bank of India to open branch at Rajshahi

2011-04-29 00:00:00

A three-member delegation of the State Bank of India called on Mayor of the Rajshahi City Corporation AHM Khairuzzaman Liton at the latter's office here today. During the meeting, the team apprised the mayor that a new branch of the...