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Reshaping financial regulation

2009-09-17 00:00:00

Fazle Rashid Jed Rakoff, a federal judge, in Manhattan, New York last Monday declared void an agreement between the Securities Exchange Commission and Bank of America on the latter's take-over of Merrill Lynch. The judge issued a stern rebuke not...

Borlaug -- a shining example

2009-09-17 00:00:00

Avik SenguptaTHE world lost one of the 20th century's true heroes last Saturday with the death, at 95, of agricultural visionary Norman Borlaug - a seed scientist who forcefully closed the gap between theory and practice. Borlaug is widely and...

Sugar price to go up

2009-09-17 00:00:00

THE global shortage of sugar means that prices would only go up. Abnormal weather conditions in India, China, and parts of Brazil contributed to underproduction. Normally surplus in sugar, India had to import. Also Indian farmers have moved to produce...

Obama's healthcare policy

2009-09-17 00:00:00

AFTER winning such a huge victory, Barak Obama, the US President is experiencing the other side of the music. Some of 20 to 30 thousand people came out against the pro-poor healthcare policy Obama administration wants to adopt. Obviously supporters...

Safeguarding oil and gas

2009-09-17 00:00:00

A half-day hartal was observed on September 14, at the call of the national committee for safeguarding oil, gas, minerals, power and ports to protest the government's decision to lease out three offshore gas blocks to international companies on, what...

Acquiring good qualities

2009-09-17 00:00:00

Human beings do have both credits and discredits. In the after-world, there will be rewards for the good deeds and punishment for the evil deeds. We, believers, need to make constant efforts to acquire noble virtues viz. truthfulness, justice, trust...

Electricity production growth declines

2009-09-17 00:00:00

Power generation growth declined to 5.8 per cent at the fag end of the caretaker government, although the average generation growth remained higher especially after the addition of 1300 megawatt to the national grid in 1998, reports BSS. Power Development...

Driver killed, taxi hijacked at Ashulia

2009-09-17 00:00:00

FE ReportA group of car-jackers stabbed a taxi driver to death before fleeing with the taxicab from Ashulia in the capital Tuesday night, police said.An officer of Ashulia police station told the FE after being informed they recovered Mohammad Shamim,...

Rising incidents of mugging and extortion

2009-09-16 00:00:00

The incidents of mugging and extortion have increased alarmingly in Dhaka city and its adjoining areas in recent days. The criminals, in the absence of necessary action on the part of the law enforcers, are virtually ruling the streets of...

The prospects of the recycling industry

2009-09-16 00:00:00

Mezbah Uddin ShaberThe global economic downturn, followed by the financial meltdown, has brought forward some industries. Renewable energy and recycling are two such major industries. The importance of these two sectors is further enhanced by the global drive to cut...

Helping the competitiveness of garments industries

2009-09-16 00:00:00

Tareque AfzalBangladeshi apparel exporters are required to import fabrics, their main raw material in bulk. But they retain little of the value of the sales from their exports. The prices they quote include an element charged for cutting and making...

Testing laboratory for pharmaceutical products

2009-09-16 00:00:00

Export-oriented pharmaceutical industries have been demanding the establishment of a government-operated central testing laboratory for years. The proposed laboratory, according to the related industries, will help strengthen the reputation of local pharmaceutical products abroad through dependable quality certification.Government has reportedly...

Our civic sense and poor enforcement of laws

2009-09-16 00:00:00

What is wrong with our city residents? Will we ever learn to behave properly on the streets? Do we not know how to function with regards to traffic norms? Do we need to be trained to do so just like...

Adulterated fuel

2009-09-16 00:00:00

CONSUMERS often complain about adulterated diesel, octane, petrol and kerosene they have to buy. Vehicle owners have to send their vehicles to repair workshop more often due to engine dysfunction caused by adulterated fuel. There is no estimate of the...

Zakat: An effective instrument for elimination of poverty from Bangladesh

2009-09-16 00:00:00

Abdul Khalek FCAZakat or 'Poor Due' is a distribution system devised by the Creator and introduced by His Messengers from the very beginning of the civilization. The prime objective of Zakat is to eradicate poverty by equitable distribution of wealth....

Matters of grave concern

2009-09-16 00:00:00

Shamsher ChowdhuryI am not against government's efforts in conserving power at the backdrop of the ongoing power crisis. But this business of officially declaring a dress code for staff of the Secretariat and tagging it as a measure for energy...

HR development through moral filtering

2009-09-16 00:00:00

The business world seeks efficient and effective manpower but the real problem arises when the businesses witness the fall of the quality of their manpower. The basic reason for this is the erosion of moral values. The problem arises when...

Few steps to address the country's major problems

2009-09-16 00:00:00

Load shedding, traffic jam and terrorism are few of the major problems in our country. In order to get rid of these problems, the following steps may be taken by the government immediately:a) Load shedding can be reduced by prohibiting...

Work for better performance on the night of the Shab-e-Qadr

2009-09-16 00:00:00

The following should be performed better on the night of 'Shab-e-Qadr' (a night better than thousands of nights):-- Taking bath in the evening with a view to performing prayers (if possible).-- Saying 'Laa-hawla wala kuata illa billah' 40 times during...

HIGHLIGHTS

2009-09-16 00:00:00

Kis Desh Me Hai Mera DilOn STAR Plus Wednesday, at 4-00 pm.This story is about two friends Balraaj Maan and lalit juneja who used to stay together in Ambala (Punjab)…this story is about their children Heer and prem who fall...

Priyanka, Katrina to fight for youth icon award

2009-09-16 00:00:00

MUMBAI, Sep 15: Bollywood's leading ladies Priyanka Chopra and Katrina Kaif are set to battle it out to be India's youth icon.The two actresses, along with actor-filmmaker Farhan Akhtar as well as superstar Hrithik Roshan have been nominated in the...

Aamir, SRK special for me: Rani

2009-09-16 00:00:00

MUMBAI, Sep 15: Bollywood actress Rani Mukerji says she was delighted to see Aamir Khan and Shah Rukh Khan (SRK), 'two special people' in her life, on the first day of shooting of her film 'Dil Bole Hadippa'.Films studios at...

Indian stocks rise to 15-month high

2009-09-16 00:00:00

MUMBAI Sept. 15 (Bloomberg): Indian stocks rose to a 15-month high. DLF Ltd. led gains as investors judged declines as excessive. Mahindra & Mahindra Ltd. climbed on a report it will make sports utility vehicles for overseas markets.DLF, the biggest...

US stocks gain, sending S&P 500 to highest in almost a year

2009-09-16 00:00:00

NEW YORK Sept. 15 (Bloomberg): US stocks rose, sending the Standard & Poor's 500 Index to its highest level in almost a year, as gains in utility, industrial and financial shares helped the market overcome an early slump.Avery Dennison Corp.,...

Sugar mills in India 'miss bus' on imports, to buy raw locally

2009-09-16 00:00:00

NEW DELHI, Sept. 15 (Bloomberg): Sugar mills in Maharashtra, India's biggest producer, will purchase raw sugar locally to cut delays involved in importing the commodity as a shortage of sugar cane threatens to lower output for a second year.Mills may...

Rice production to miss forecast on India drought

2009-09-16 00:00:00

NEW YORK, Sept. 15 (Bloomberg): Rice output in India, the world's second-biggest producer, will decline 7 per cent more than forecast next year because of a drought in the main growing regions, the US Foreign Agricultural Service said.Production will be...

KSE to invite fresh bids for broker licenses

2009-09-16 00:00:00

KARACHI, Sept. 15 (Bloomberg): Karachi Stock Exchange, Pakistan's biggest, plans to invite fresh bids for two brokerage licenses after it failed to receive sufficient interest."We didn't receive substantial bids," Anita Mirza, spokeswoman for the exchange, said by telephone from Karachi...

Coffee prices to extend rally

2009-09-16 00:00:00

CHICAGO, Sept. 15 (Bloomberg): Coffee prices may rise in the short term to the highest level since Aug. 10 because futures are poised to top so-called resistance, said Nicholas S. Hayman, a senior trader at LaSalle Futures Group in Chicago.On...

UK stocks fluctuate, BT group, Amec advance, Smiths declines

2009-09-16 00:00:00

LONDON, Sept. 15 (Bloomberg): UK stocks fluctuated between gains and losses a year after the collapse of Lehman Brothers Holdings Inc.BT Group Plc, Britain's largest telephone company and Amec Plc gained more than 2.6 per cent after analysts recommended the...

Dollar claws back in Asia

2009-09-16 00:00:00

TOKYO, Sept 15 (AFP): The dollar rebounded slightly in Asian trade today, getting a modest boost against the yen after outgoing Finance Minister Kaoru Yosano said rapid swings in currency rates were undesirable. The dollar rose to 91.10 yen in...