Our correspondentNILPHAMARI, May 29: Distribution of cash subsidy for diesel to the farmers for the current Boro season has almost been completed in Nilphamari.Department of Agriculture Extension (DAE) sources said a total of Tk 12,09,75,800 has to be distributed among...
NEW YORK, May 30 (Bloomberg): Gasoline prices will be at the lowest level since March as US drivers take to the highways this Memorial Day weekend, the traditional start of the summer driving season in the world's largest energy-consuming country.Pump...
NEW YORK, May 29 (Bloomberg): The global refined sugar market will stay in deficit this year, with import demand exceeding available exports by 1 million metric tons, even as raw-sugar production expands, said Kingsman SA, a broker and researcher."We expect...
NEW YORK, May 29 (Bloomberg): Wheat fell the most in two weeks on signs that importers are shunning US grain in favor of cheaper supplies from competing exporters.Egypt, the world's largest importer of the grain, bought 180,000 metric tons of...
Royal Dutch Shell PLC said Friday it has agreed to buy East Resources Inc., a closely held U.S. natural-gas explorer, for $4.7 billion, in a transaction that underscores the frenzied global interest in North American shale-gas production, according to Internet.Warrendale,...
WASHINGTON, May 29 (AFP): US consumer spending was surprisingly flat despite rising income in April as Americans remain cautious amid high unemployment, government data showed Friday.Consumer spending barely rose after six consecutive monthly gains while personal income climbed 0.4 percent...
NEW YORK, May 29 (Bloomberg): Cocoa prices fell on concern that Europe's debt crisis and weaker-than-estimated data on US personal spending may hinder a recovery in demand. Coffee also dropped.Consumer spending unexpectedly stalled in April as Americans used growing wages...
BEIJING, May 29 (Bloomberg): The global economic recovery is likely to limit any decline in prices of natural rubber with the market bottom at about 20,000 yuan a ton, Yao Xingliang, vice general manager at Sinochem International Corp."We are generally...
LONDON, May 30 (Bloomberg): Copper fell for the first time in three days as a report showed that US consumer spending stalled in April and equity markets declined, dimming prospects for metal demand.Consumer purchases failed to increase for the first...
NEW YORK, May 29 (Bloomberg): China has the world's worst performing equity market this year and the best returns on initial public offerings. While the Shanghai Composite Index has slid 19 per cent for the steepest drop among the 10...
NEW YORK, May 29 (Reuters): World equities slid and the euro fell Friday after a downgrade of Spain's credit rating sent a new chill through markets already worried about the European debt crisis.The downgrade by Fitch Ratings ignited a new...
TOKYO, May 29 (Reuters): Japan's Nikkei average rose 1.3 per cent Friday in its best one-day performance for two weeks as exporter shares climbed on a halt in the yen's advance, but investors remained jittery and profit-taking limited gains.Sony Corp...
NEW DELHI, May 29 (Reuters): Volatile stock markets have not changed India's plans to sell stakes in state-run companies, a senior finance ministry official said Friday. The government has pencilled in proceeds of roughly $8.6 billion from sales in government...
MUMBAI, May 29 (Reuters): UK bank Standard Chartered's sale of Indian shares worth up to about $590 million was fully covered on its final day of bookbuilding after volatile markets and a new regulation weighed on demand during its first...
MUMBAI, May 29 (Reuters): The BSE Sensex posted its biggest weekly gain since early March, as it climbed 1.2 per cent Friday, joining a global markets rally triggered by bargain hunting after China's assurance that Europe will remain a major...
MUMBAI, May 29 (Economic Times): The shareholders of two-wheeler major Hero Honda have already had their share of excitement in the company's silver jubilee celebrations, thanks to the announcement of the bumper 5500 per cent dividend by the management recently....
LONDON, May 28 (Bloomberg): Companies sold the least amount of bonds in a decade this month as concern Europe's sovereign debt crisis will slow the global economy drove up relative borrowing costs by the most since the aftermath of Lehman...
KARACHI, May 29 (Business Recorder): Foreign investors turned net sellers of shares at the local equity market after 16 weeks with a net outflow of $0.6 million during the week ended May 28, 2010. Banks also remained net sellers of...
SARDIHA, India, May 29 (AFP): Indian rescue workers recovered more bodies Saturday in their gruesome search for victims of a train wreck blamed on Maoist saboteurs, with fears that the final death toll could exceed 150.More than 30 hours after...
UNITED NATIONS, May 29 (AFP): In a breakthrough after a decade of deadlock, the Non-Proliferation Treaty's (NPT)189 nations proposed new steps Friday towards nuclear disarmament and making the Middle East free of atomic weapons.It was the first agreement in 10...
ISLAMABAD, May 29 (CNN): The death toll from attacks on a religious minority in eastern Pakistan has risen to 98, officials said Saturday.About 110 more people were wounded in the attacks, said Sajjad Bhutta, a senior government official.They took place...
KATHMANDU, May 29 (AFP): Nepal's prime minister has agreed to resign, his spokesman said Saturday, as the country's three main parties prepared to form a power-sharing government following a deal to avert a political crisis.Madhav Kumar Nepal said he would...
SEOUL, May 29 (AFP): North Korea has flatly rejected evidence showing it torpedoed a South Korean warship with the loss of 46 lives, saying it does not even own a midget submarine allegedly used for the March attack.The North's powerful...
SRINAGAR, May 29 (AFP): The police in Indian Kashmir fired teargas Saturday to disperse thousands of villagers protesting against what they said was the staged killing of three Muslims by the security forces.Late last month, the military said it had...
KINGSTON, May 29 (AFP): Jamaica's leader faced growing criticism Saturday over a nearly week-long assault on a slum to capture a powerful drug don as decomposing bodies of civilians lay unclaimed for days.The operation has left 73 civilians dead by...
TEHRAN, May 29 (AFP): Three people were killed and another 12 were hurt when an oil well caught fire in western Iran on Saturday, that state television website reported.The blaze broke out at around 6:35 am (2:05 GMT) when a...
Koi Mil GayaOn SONY SET Sunday at 8-30 pm.Scientist Sanjay Mehra devises a computer that is capable of contacting aliens. His happiness is cut short when the scientists at a space-research center scoff at him and refuse to believe his...
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Jasim Uddin Haroon The Pran-RFL Group eyes a big jump in exports as its products are in great demand in different parts of the globe. "We expect our exports will grow and thus help diversify the country's export items," Mr...
Renata Limited has approved 60 per cent cash dividend and 25 per cent stock dividend (bonus share 4:1) for the year 2009. The dividend was approved at its 37th annual general meeting (AGM) held Saturday.Renata Chairman SH Kabir presided over...
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