NEW DELHI, May 12 (Reuters): Shares in Bharti Airtel Ltd, India's top mobile operator, dropped more than 6 per cent Wednesday, weighed down by concerns a new proposal on spectrum fee would hit the firm's earnings. The telecoms regulator Tuesday...
MUMBAI, May 12 (Reuters): The yield on India's 10-year bond yield eased two basis points after March industrial output data came in lower than market expectations. At 11:06 am (0536 GMT), the yield on the new 10-year bond, the 7.80...
LAHORE, May 12 (Business Recorder): Equities suffered losses mainly on account of selling pressure at Lahore Stock Exchange (LSE) Tuesday amid ascending transaction volume. The LSE-25 index showed a decline of 26.51 points and closed at 3201.99 points against 3228.50...
LONDON, May 12 (Reuters): European shares extended gains in morning trade Wednesday as financials rose further on strong banking results and tough austerity measures announced by Spain. At 0815 GMT, the FTSEurofirst 300 index of top European shares was up...
NEW YORK, May 12 (Bloomberg): Argentine Economy Minister Amado Boudou said last week's jump in bond yields may prompt the government to shelve plans to sell as much as $1 billion of bonds, its first international offer since defaulting in...
IN line with its election pledge, the incumbent government is now in the process of completing the necessary legal framework for the establishment of a specialised bank for helping, financially, the returnee expatriate workers. An official committee has already prepared...
Syed JamaluddinEurozone countries and the International Monetary Fund (IMF) agreed to an unprecedented 110billion euro (145 billion dollars) bailout for Greece to help avert default. Faced with prospect of running out of cash to honour its debt later this month,...
Alamgir SujaetWe have a dream of building Digital Bangladesh. Our all economic and administrative activities have been centralised in Dhaka as the capital city. Nowadays, the life in Dhaka city has come to almost standstill due to acute traffic congestion.The...
The geo-strategic importance of Bangladesh can hardly be over-emphasised and it is the prime duty of the government to take appropriate measures to maintain regional balance of power to safeguard our national interest. Bangladesh is surrounded by India on three...
Private Commercial Banks (PCBs) are going ahead with their Corporate Social Responsibility (CSR) activities in different spheres of society. Earlier, it was assumed that the PCBs were only profit-making machines. These days the PCBs are coming up with programmes of...
Talha J AhmadGORDON Brown, British Prime Minister and leader of the Labour party, has announced his resignation to pave the way for a progressive alliance to form government. This announcement comes truly as a surprise to most observers of British...
Maswood Alam KhanA banker working in any Islamic bank would tell you that they do neither charge interests on loans given to a businessman nor do they give any interest to any depositor who keeps money with them. Then how...
Saqeb Mahbub Rafi As Bangladesh struggles, even with the restoration of a democratic government, to put an end to human rights violations in the form of extra-judicial killings and torture by law enforcers, one may wonder how far having a...
ATN Banglaam07:00 Sangbad07:30 Positive Bangladesh 08:00 Sangbad08:30 Drama serial- Kothay Pabo Tare09:00 News Bulletins09:10 Drama - Kande Amar Ma10:00 Sangbad10:30 Hello Banglades11:15 Asian City Vision 202012:00 Sangbad Bulletins12:15 It Zone01:00 Sangbad Bulletins01:25 Band Vew02:00 Sangbad02:30 Drama serial -Baba03:00 Sangbad Bulletins03:15...
TOKYO, May 11 (Reuters): A massive relief rally in financial markets on news of a $1 trillion deal to resolve Europe's debt crisis fizzled Tuesday on nagging doubts about how Greece and other debt-laden euro zone countries will reduce their...
MUMBAI, May 11 (Business Standard): Markets have started to recover from their lows. The Sensex is now down just 98 points at 17,232. Earlier in the day, the index had touched a low of 17,114.The Nifty is down 31 points...
MUMBAI, May 11 (Reuters): Bond yields were steady to lower Monday in low volumes as the auction papers announced for this week were in line with expectations and although there were worries about debt supplies in the shorter-end pushing up...
Pragati Life Insurance Limited (PLIL) signed group hospitalisation insurance contract with Biman Bangladesh Airlines, said a PLIL press release. Biman Bangladesh Airlines Director (Administration) Md Aminul Haque and Pragati Life Assistant Managing Director MM Monirul Alam signed the contract on...
SHANGHAI, May 11 (AP): Chinese shares hit an 11-month low Tuesday after higher April inflation sparked investor fears of more credit tightening. The benchmark Shanghai Composite Index lost 51.18 points, or 1.9 per cent, to close at 2,647.57, its lowest...
MUMBAI, May 11 (Economic Times): Shares of key broking firms are still quoting 20-50 per cent below their yearly highs seen between June and October last year, when the market was soaring. In comparison, the market has risen by 8...
KARACHI, May 11 (Business Reporter): The Karachi share market Monday witnessed positive trend and KSE-100 index gained 16.67 points to close at 10,288.14 points from 10,271.47 points. Overall mixed trend was witnessed and the index hit 10,338.33 points intra-day high...
LONDON, May 11 (Bloomberg): Crude oil fell to near $76 a barrel on concern that Europe's bailout of almost $1 trillion may not be sufficient to end the region's sovereign debt crisis.Oil reversed an increase of as much as 0.8...
NEW YORK, May 11 (Bloomberg): Corn and wheat futures declined for a second day, while soybeans were little changed, as investors and importers refrained from purchases before the release of US estimates on global agricultural supply.Corn for July delivery fell...
KUALA LUMPUR, May 11 (Bloomberg): Palm oil futures declined on speculation demand is easing as cheaper soybean oil prices prompt buyers to switch.July-delivery palm oil dropped as much as 1 per cent to 2,505 ringgit ($781) a metric ton on...
May 11, Tuesday The following were the commercial banks' rates to public for some selectedforeign currencies with Bangladesh Taka in cash transaction Tuesday.Selling rates to public (outward remittance)BankUSDEuroGBPJPYCHFCADAUDSCBsSonali Bank69.550090.4756103..82580.758963.491568.007263.1806Agrani Bank69.550088.8858103.24530.770963.005566.997461.8256FCBsStanChart69.6294.38107.810.7765.3670.0565.58HSBC 69.563891.5333105.04390.773963.830467.997763.5336Citibank naNANANANANANANABank of Ceylon69.590090.5740105.28530.776263.973268.676665.4146PCBsUttara Bank69.550090.8467104.04860.765763.277967.944063.0746AB Bank69.600091.7364104.95970.7704NANANABuying rates from public (inward remittance)SCBsUSDEuroGBPJPYCHFCADAUDSonali...
FE ReportIndustries Minister Dilip Barua Tuesday laid emphasis on coal based power generation to reduce the present power crisis by finalising coal policy as early as possible."Coal based power generation is the most suitable alternative to combat the present power...
FE ReportShahjalal Islami Bank Ltd (SJIBL) has taken a number of steps to strengthen its operation in view of the bank's completion of nine years."We congratulate our clients, shareholders, patrons and all employees of our bank on this happy occasion...
FE ReportChittagong Stock Exchange (CSE) has urged the government not to take any decision that could hinder the growth of the stock market.“Country's industrialization, investment, employment, revenue earnings all are interrelated to the stock market development". CSE president Fakhor Uddin...
A leading power producing firm in Bangladesh said on Monday it would invest $1.2 billion to generate 1,200 megawatts (MW) of electricity to ease a nagging power crisis badly affecting industries, reports Reuters."We plan to produce about 1,200 MW of...
Monira MunniLocal handicraft manufacturers are facing a bleak future, as export earnings have dwindled in the absence of modern technologies and government support to the industry.They claimed that lack of awareness of the changing trend in consumers' tastes, designs and...
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