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KSE index up 31.32 points

2010-04-07 00:00:00

KARACHI, Apr 6 (Business Recorder): Positive trend was observed at Karachi share market Monday on the back of foreign investors' support, as a result of which the KSE-100 index gained 31.32 points to close at 10,447.84 points level. The market...

Manpower export and BOP cushion

2010-04-06 00:00:00

SIGNS are rather ominous as far as manpower export is concerned. The authorities do very often mention in their public and policy statements about the robust remittance income-- now estimated at around $10 billion-- that has helped the country maintain...

Need of the hour is water and power not sermons

2010-04-06 00:00:00

Shamsher ChowdhuryEACH and every political party elected to power has, without fail, systematically undermined and ignored the interests of the common man and the electorate. Not only that, they have been self-serving and callous to the core. Without exception the...

Digital Bangladesh aims to create efficient citizens

2010-04-06 00:00:00

Md Mozzammel HaqueDigital Bangladesh aims to facilitate people's communication activities through email or cell phones. Internet, which is a global system of interconnected computer networks, is designed to make faster communication and receive any information instantly from hypertext documents of...

Installation of solar power needs financing

2010-04-06 00:00:00

Bangladesh has been experiencing acute shortage of power for a long period. Every day demand for power is increasing with the increase in population. Although, in the face of huge demand, generation of power through solar panels is scanty, still...

Shutting down air coolers

2010-04-06 00:00:00

The energy administration, through a notification, now wants the public to shut down all cooling units from 6pm to 11pm when the heat is at its peak. Thanks for another gimmick, in addition to "staggered timings, DST (now defunct)" etcetera....

China in global trade

2010-04-06 00:00:00

Gousal AzamThe capitalist countries take policies to promote their interests. The socialist countries are no different. The seed of friendship between the USA and China sowed by Richard Nixon four decades back has grown into a big tree providing fruits...

Secrecy of the Commonwealth Secretariat: Time for reform

2010-04-06 00:00:00

Andrew SmithAfter more than 60 years of its existence, the Commonwealth Secretariat continues to operate in an environment of secrecy, largely insulated from public scrutiny and the full involvement of civil society organisations. Over a decade has passed since the...

HIGHLIGHTS

2010-04-06 00:00:00

Bidaai On STAR PLUS Tuesday at 9-30 pm. Bidaai is a story of two sisters, Sadhna (beautiful) and Ragini (unattractive). Sadhna is the adopted child in the family. Life is pleasant for Sadhna as she is beautiful but society is...

Tuesday

2010-04-06 00:00:00

ATN BANGLAam07:00 Sangbad07:30 Positive Bangladesh08:15 Ajker Sangbadpatra08:30 Drama Serial- Chonnochara09:00 News Bulletins09:15 Drama - Jolkona10:00 Sangbad10:30 Hello Bangladesh11:15 Asian City Top Spin12:00 Sangbad Bulletins12:15 Shornali Shadakalo01:00 Sangbad Bulletins01:25 Atn Music02:00 Sangbad02:30 Drama Serial - Baba03:00 Sangbad03:15 Mega Serial-O Amar Chokkhu...

Asian stocks rise on strong US jobs data

2010-04-06 00:00:00

TOKYO, Apr 5 (Reuters): Asian stocks rose Monday after data showed US employers created jobs last month at the fastest pace in three years, boosting hopes of a sustained economic recovery.US S&P 500 stock index futures rose 0.4 per cent...

South Asia Ins holds 51st board meeting

2010-04-06 00:00:00

The 51st meeting of the board of directors of South Asia Insurance Company Limited was held in the city recently, said a press release.Chairman of the company Ghulam Akbar Chowdhury presided over the meeting, while Vice-chairman AHM Mahtabuddin, directors Anwar...

Religare hikes stake in Fame India to 5.82pc

2010-04-06 00:00:00

MUMBAI, Apr 5 (PTI): The takeover battle for Fame India further heated up with financial services provider Religare Securities Monday hiking its stake to 5.82 per cent in the multiplex chain operator on behalf of some its clients. Religare purchased...

Cholamandalam to divest nearly 10pc stake to IFC

2010-04-06 00:00:00

CHENNAI, Apr 5 (PTI): Non-banking finance company Cholamandalam DBS Finance Monday said its board has approved sale of nearly 10 per cent stake to IFC, the investment arm of World Bank, for about Rs 1 billion to fund growth and...

Pak share market bullish

2010-04-06 00:00:00

KARACHI, Apr 5 (Business Recorder): The share market witnessed bullish trend during the week ended on April 3, 2010 on the back of strong interest of foreign investors, and the KSE-100 index surged by 278.59 points to close at 10,416.52...

Small-cap stocks offer best bet for investors

2010-04-06 00:00:00

MUMBAI, Apr 5 (Economic Times): In an ever-volatile stock market, it is tough to recall the last time, when the broad based indices - Nifty and Sensex - remained stagnant for the past six months. Such has been the case...

Pradip Overseas lists at Rs 120 on BSE

2010-04-06 00:00:00

MUMBAI, Apr 5 (Economic Times): Shares of Pradip Overseas, manufacturer of Home Linen Products, listed at Rs 120, premium of Rs 10 or 9.09 per cent against its issue price on the Bombay Stock Exchange. At 9:30 am, the scrip...

Bond buyers demand record downgrade protection

2010-04-06 00:00:00

NEW YORK, Apr 5 (Bloomberg): Bonds with built-in protection against rating cuts are making up a record share of debt issues as investors hedge against a slowdown in the economic recovery. Anheuser-Busch InBev NV, the brewer of Budweiser and Stella...

Oil surges to highest level in 17 months

2010-04-06 00:00:00

NEW YORK, April 5 (Bloomberg): Crude oil surged to the highest level in 17 months after March data showing employers in the US, the world's biggest oil consumer, added the most jobs in three years, bolstering optimism that fuel demand...

Palm oil advances for a second day

2010-04-06 00:00:00

KUALA LUMPUR, April 5 (Bloomberg): Palm oil futures gained for a second day as crude oil rose to a 17-month high, raising the appeal of vegetable oils used in biofuels.June-delivery futures on the Malaysia Derivatives Exchange advanced as much as...

Gold advances as recovery signs fuel demand, platinum jumps

2010-04-06 00:00:00

LONDON, April 5 (Bloomberg): Gold gained as signs that the global economic recovery is strengthening buoyed demand for commodities and stocks. Platinum jumped to the highest since August 2008.Gold for immediate delivery rose 0.5 per cent to $1,125.80 an ounce...

Shifting of customs office to Nilphamari town demanded

2010-04-06 00:00:00

Our Correspondent NILPHAMARI, Apr 5: Speakers at a views exchange meeting at Rajshahi demanded shifting of local customs office to Nilphamari district headquarters from Sayedpur town.The demand was made by representatives of Nilphamari district at a pre-budget meeting recently for...

Copper may surpass $8,000 for first time since 2008

2010-04-06 00:00:00

LONDON, April 5 (Bloomberg): Copper futures in London may advance to more than $8,000 a tonne this week for the first time since the collapse of Lehman Brothers Holdings Inc. in 2008, buoyed by a revival in demand that's more...

Potato growers lament lack of cold storages in Rangpur

2010-04-06 00:00:00

Our correspondentRANGUR Apr 5: Potato growers in eight districts of Rangpur division are facing serious problem in preserving their produce owing to shortage of cold storages.According to the Department of Agriculture Extension (DAE), a total of 31,32,500 tonnes of potato...

exchange rate

2010-04-06 00:00:00

April 5, Monday The following were the commercial banks' rates to public for some selectedforeign currencies with Bangladesh Taka in cash transaction MondaySelling rates to public (outward remittance)BankUSDEuroGBPJPYCHFCADAUDSCBsSonali Bank69.550094.5227106.47530.744466.003569.377464.3968Agrani Bank69.550094.2646106.36110.746965.942869.336564.1625FCBsStanChart69.6295.44107.210.7767.3670.0565.19HSBC 69.615595.5336107.35280.768266.751169.039564.4681Citibank naNANANANANANANABank of Ceylon69.540095.6966107.29590.761366.910469.498366.2716PCBsUttara Bank69.550094.8992106.67490.751465.751069.340064.3458AB Bank69.600095.6742107.56400.7559NANANABuying rates  from public (inward remittance)SCBsUSDEuroGBPJPYCHFCADAUDSonali...

Pakistan attacks kill 43, target US consulate

2010-04-06 00:00:00

PESHAWAR, Apr 5 (AFP): Islamist militants armed with guns and suicide vests targeted the US consulate in Pakistan's northwestern capital Monday and unleashed carnage at a political rally, killing 43 people.The attacks in quick succession were among the deadliest so...

Thai 'Red Shirts' pledge more protests after court ruling

2010-04-06 00:00:00

BANGKOK, Apr 5 (AFP): Jubilant red-shirted Thai protesters vowed Monday to keep up their efforts to overthrow the government after a court declined to issue a legal order to evict them from Bangkok's tourist hub.Tens of thousands of supporters of...

China hails 'miracle' as 115 rescued from flooded mine

2010-04-06 00:00:00

XIANGNING, China, Apr 5 (AFP): More than 110 workers were pulled out alive from a Chinese coal mine Monday in what has been hailed as a miracle rescue over a week after the men were trapped by an underground flood.So...

Russia still hopes diplomacy to solve Iran standoff

2010-04-06 00:00:00

MOSCOW, Apr 5 (AFP): Russia still hopes for a diplomatic solution to the standoff over Iran's nuclear programme, a deputy foreign minister said Monday, as the West steps up pressure for new sanctions against Tehran."We still have not lost hope...

Baghdad alert after embassy blasts

2010-04-06 00:00:00

Iraq is on high alert following three co-ordinated suicide car bomb attacks in Baghdad that left at least 30 people dead and hundreds of others wounded, reports Aljazeera.net.There has been no claim of responsibility for the attacks outside foreign diplomatic...