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Anniversary of Amberin Azam's death

2011-04-26 00:00:00

FE Report The seventh death anniversary of Amberin Azam, wife of SM Shahed Al Azam, will be observed on May 3 (Tuesday), according to a press release. Mrs Azam was sociable, hospitable, enterprising and pious. Qurankhani and special prayer will...

Forex reserve rises to $11.17b

2011-04-26 00:00:00

Country's foreign exchange reserve increased to US$ 11,174.75 million on April 24. The reserve was US$ 10,714.46 million on March 29 this year while US$ 10,554.00 million on April 25 last year, according to Bangladesh Bank statistics released on Monday.Despite...

Establishment ministry renamed

2011-04-26 00:00:00

The government has renamed the Ministry of Establishment as the Ministry of Public Administration. The new name was approved by the cabinet at a meeting at the Secretariat with prime minister Sheikh Hasina in the chair Monday. - bdnews24.com

Housewife commits suicide in Kurigram

2011-04-26 00:00:00

A housewife allegedly committed suicide by taking poison at Nilur Kahmar village in Nageshwari upazila Tuesday night. The deceased was identified as Lucky, 25, wife of Azim Uddin of the village. Police quoting local people said following a quarrel with...

Five robbers held in Sherpur

2011-04-26 00:00:00

Police arrested five highway robbers including a ringleader at Shimultoli diversion on Sherpur-Jamalpur highway early Monday while taking preparation to commit robbery. Police nabbed notorious ringleader of Morakandi area of sadar upazila Ajad alias ZKalu Dakat,30 and his associates-Mobarak Ali,22,...

Youth jailed for stalking in Gaibandha

2011-04-26 00:00:00

A mobile court here on Monday awarded a youth one month imprisonment for sexually harassing a schoolgirl. Police said Sumon Hawlader gave bad proposal to Shapla Akter, daughter of Liton Hawlader of Dabhit Co. Para in front of Hawkers' market...

13 jailed for robbery in Manikganj

2011-04-26 00:00:00

A court here on Monday sentenced 13 people to different terms of jails-from five to nine years- for committing robbery at Jabra village in Gheor upazila in 2008. The convicts are Raja Mia, Rezaul Karim, Bachchu Mia, Alauddin, Lavlu, Mostafa,...

Palli Bidyut men injured in mob attack

2011-04-26 00:00:00

Outraged by persistent power outages, local people attacked two officials of Sarsha palli bidyut office, leaving them injured Tuesday morning. The injured were-Mafijur Rahman, Deputy General Manager and Shariful Islam, Assistant General Manager of the power office. Local people said...

India to export fuel to Pakistan

2011-04-26 00:00:00

NEW DELHI, April 25 (Agencies): India plans to export petrol and diesel to Pakistan to help its rival meet its energy needs and to open up a new market for Indian refiners such as giant Reliance Industries, a report said....

HSBC to wind down retail banking in Russia

2011-04-26 00:00:00

MOSCOW, April 25 (Reuters): Europe's largest bank, HSBC, has decided to close its retail banking operation in Russia and concentrate on servicing corporate clients, a document obtained by the news agency showed Monday. "We encourage all customers to close their...

Nintendo's annual profit down 66pc

2011-04-26 00:00:00

TOKYO, April 25 (AP): Nintendo's annual profit fell for the second straight year in a row, hit by a price cut on its DS handheld gaming device and the strong yen. The Kyoto-based company behind the Super Mario franchise and...

Iran plans to open trade centre in Brasilia

2011-04-26 00:00:00

TEHRAN, April 25 (Xinhua): Chief of Iran-Brazil Friendship Association Mirqasem Mo'meni said that the Islamic Republic is planning to open a trade centre in the Brazilian capital Brasilia, the local satellite Press TV reported Sunday. Mo'meni said here last Saturday...

KAF-Seagroatt 3Q net profit up

2011-04-26 00:00:00

KUALA LUMPUR, April 25 (The Edge): KAF-Seagroatt & Campbell Bhd's earnings rose 67.5 per cent to RM4 million for the third quarter ended Feb 28, 2011 from RM2.38 million a year ago due mainly to higher gross profit offset by...

Maruti Suzuki net profit marginally up

2011-04-26 00:00:00

MUMBAI, April 25 (Business Standard): Maruti Suzuki posted its fourth quarter net profit at Rs 6.60 billion, marginally up by 0.52 per cent from Rs 6.57 billion in the same quarter a year ago, according to a television channel. The...

China caps rare metals output, raises mandatory quota

2011-04-26 00:00:00

BEIJING, April 25 (PTI): China, world's largest exporter of rare earth metals has raised the mandatory quota for the production and smelting of five minerals this year, said the ministry of industry and information technology (MIIT). The quota, set by...

Asian Tiger Capital Partners market update on DSE

2011-04-26 00:00:00

The Benchmark General Index DGEN continued its downtrend at an accelerated rate as the market lost 3.49% sparking protest in Motijheel area by retail investors before law enforcement agents took control of the situation. The confusion that prevails in the...

Peninsula to buy stake in Mumbai land

2011-04-26 00:00:00

MUMBAI, April 25 (Economic Times): Peninsula Land is buying stake in a Mumbai land parcel for close to Rs 4.0 billion, sources with direct knowledge said. The real estate developer will build a residential project on the 18-acre Sewri land...

Sri Lanka raises taxes on imported vehicles

2011-04-26 00:00:00

COLOMBO, April 25 (LBO): Sri Lanka has raised import duties on several categories of petrol-engined cars and three wheelers with steeper increases seen in larger hybrid vehicles, which had exceptionally low taxes earlier, officials said. A senior treasury official said...

Housewife commits suicide in Kurigram

2011-04-26 00:00:00

A housewife allegedly committed suicide by taking poison at Nilur Kahmar village in Nageshwari upazila Tuesday night. The deceased was identified as Lucky, 25, wife of Azim Uddin of the village. Police quoting local people said following a quarrel with...

Five robbers held in Sherpur

2011-04-26 00:00:00

Police arrested five highway robbers including a ringleader at Shimultoli diversion on Sherpur-Jamalpur highway early Monday while taking preparation to commit robbery. Police nabbed notorious ringleader of Morakandi area of sadar upazila Ajad alias ZKalu Dakat,30 and his associates-Mobarak Ali,22,...

Youth jailed for stalking in Gaibandha

2011-04-26 00:00:00

A mobile court here on Monday awarded a youth one month imprisonment for sexually harassing a schoolgirl. Police said Sumon Hawlader gave bad proposal to Shapla Akter, daughter of Liton Hawlader of Dabhit Co. Para in front of Hawkers' market...

13 jailed for robbery in Manikganj

2011-04-26 00:00:00

A court here on Monday sentenced 13 people to different terms of jails-from five to nine years- for committing robbery at Jabra village in Gheor upazila in 2008. The convicts are Raja Mia, Rezaul Karim, Bachchu Mia, Alauddin, Lavlu, Mostafa,...

Palli Bidyut men injured in mob attack

2011-04-26 00:00:00

Outraged by persistent power outages, local people attacked two officials of Sarsha palli bidyut office, leaving them injured Tuesday morning. The injured were-Mafijur Rahman, Deputy General Manager and Shariful Islam, Assistant General Manager of the power office. Local people said...

Toyota, Nissan Japan production plunges in March

2011-04-26 00:00:00

TOKYO, Apr 25 (AFP): Japan's leading automakers Toyota, Nissan and Honda said today that domestic production plummeted in March after the massive quake and tsunami, which damaged parts suppliers and nuclear power plants. Toyota, the world's biggest auto maker, said...

Profit up for Japan telecom firm KDDI

2011-04-26 00:00:00

TOKYO, Apr 25 (AFP): Japan's number two telecom operator KDDI said today its net profit grew 20 per cent in the year ended in March despite losses of more than 200 million dollars from a powerful quake and tsunami. KDDI...

RIL ordered to stop KG-D6 gas supply to non-core users

2011-04-26 00:00:00

NEW DELHI, Apr 25 (Business Standard): Admonishing the defiant Reliance Industries Limited (RIL), the Oil Ministry has ordered the Mukesh Ambani-run firm to immediately stop natural gas sales to non-core users like Essar Steel to meet the full demand of...

Honda Japan production dives 62.9pc in March

2011-04-26 00:00:00

TOKYO, April 25 (AFP): Japan's Honda Motor Monday reported that domestic production plunged 62.9 per cent year on year in March when a massive earthquake and tsunami hit the country. Production plunged to 34,754 units in Japan while worldwide total...

Reliance Industries' profit growth may slow as refining margins to narrow

2011-04-26 00:00:00

NEW DELHI, Apr 25 (Bloomberg): Reliance Industries Ltd. (RIL), India's biggest company by market value, may see profit growth slow as earnings from processing crude oil drop from a two-year high, investors said. The shares fell the most in five...

China silver imports soar last year

2011-04-26 00:00:00

BEIJING, Apr 25 (Commodity Online): World's largest silver consumer, China said its net imports of silver nearly quadruple to more than 3,500 tonnes in 2010, boosted by sharp increases in demand by the industrial sector and the jewellery industry. According...

Philippines to ramp up oil exploration

2011-04-26 00:00:00

MANILA, Apr 25 (AFP): The Philippines said Monday it would ramp up oil and gas exploration to diversify its energy sources, with up to 15 contracts to be auctioned off by July. Manila expects to coax hundreds of millions of...