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Bangladesh-India economic relations

2009-07-26 00:00:00

Syed JamaluddinTHE visiting high powered Indian business delegation on July 20 last urged the government of Bangladesh to increase connectivity between the two countries to enhance bilateral and regional trade. This was stated in the seminar held in a local...

The hot debate in Bangladesh on Tipaimukh: The other side

2009-07-26 00:00:00

Bijon B. SarmaTHE government of India has taken up a project for the construction of a dam for the purpose of power generation at a place known as Tipaimukh on the Barak River in Assam. After having preliminary information from...

HIGHLIGHTS

2009-07-26 00:00:00

Life In A MetroOn STAR Plus Sunday at 1-30 pm. The lives of a group of people, who live in Mumbai are told in this tale, which revolves around Rahul - who occupies an apartment owned by his uncle, and...

TallTales &Trouble

2009-07-26 00:00:00

Moushumi has a house in Uttara but she doesn't live there anymore. Sometimes the place is used for shooting of television dramas or movies. Last week a scene of Md Mustafa Kamal Raj directed television drama "Nimnochap" (Depression) was shot...

Dada, Zee Bangla's trump card

2009-07-26 00:00:00

KOLKATA, 25 July: Zee Bangla is all set to unveil its trump card in a bid to tackle the growing onslaught of Star Jalsha. The channel has erected giant hoardings around the city featuring Sourav Ganguly, who is hosting Dadagiri...

James Cameron, Peter Jackson talk future of film

2009-07-26 00:00:00

SAN DIEGO, July 25 (AP): "Titanic." "Lord of the Rings." "Aliens." "King Kong." "The Terminator."The men behind those movies, James Cameron and Peter Jackson, are among modern film's special-effects kings, advancing technology in computer-generated imagery, motion-capture photography and 3-D.They met...

Make books your best buddies

2009-07-26 00:00:00

M A Islam'A friend in need is a friend indeed'. If you can make books your best friends, they will be beside you in your difficult time and that would be a great asset in your life. The more time...

What ought to be the qualities of a student

2009-07-26 00:00:00

Mohammad RajjaWHOEVER goes to school or college for education is commonly known as a student. But all, who enroll in schools and colleges, are not the ideal students although all of them go for education. Education does not only mean...

IMF approves $2.6b loan for Lanka

2009-07-26 00:00:00

WASHINGTON, July 25 (AFP): The International Monetary Fund yesterday approved a 2.6-billion-dollar loan for Sri Lanka to support its economic reform program and help the country weather the severe global downturn. The IMF executive board approved the loan as the...

Nokia store opens at Gulshan

2009-07-26 00:00:00

Nokia unveiled first-hand solution experience for consumers at Nokia store at Gulshan in the city Thursday to guarantee an easy and informative shopping experience. This is the fifth Nokia Store in Dhaka. The first one was launched at Bashundhara City...

Wheat prices fall on concern US may change index-fund rules

2009-07-26 00:00:00

CHICAGO, July 25 (Bloomberg): Wheat prices fell the most this month on speculation that some investors will unwind futures positions should the US government impose trading curbs on index funds. Waivers that let index traders exceed position limits may be...

Prices of vegetables up in Gopalganj markets

2009-07-26 00:00:00

Our CorrespondentGOPALGANJ July 25: The prices of different kinds of vegetables have increased abnormally recently in different markets of the district.According to the market survey, 1 kg of potato was being sold at Tk 25-26 whereas earlier, it was Tk...

Bernanke, Geithner clash on consumer protection

2009-07-26 00:00:00

WASHINGTON, July 25 (AFP): Federal Reserve chairman Ben Bernanke told lawmakers yesterday the central bank should remain in charge of consumer financial protection, opposing an administration proposal for a new regulator. Bernanke's comments clashed with those of Treasury Secretary Timothy...

Russia ready to protect steelmakers

2009-07-26 00:00:00

MOSCOW, July 25 (Bloomberg): Russia's government is prepared to protect the country's steel industry, Prime Minister Vladimir Putin said as producers of the metal seek more state support. "We shouldn't be shy about using measures to protect the domestic market,"...

Mango prices up in Natore as season wind up

2009-07-26 00:00:00

Our CorrespondentNATORE, July 25: Prices of mango has not eased even as the season comes to a close despite a bumper production this year in the country. The prices of mango were high this year compared to the previous year...

Trade contraction showing signs of bottoming out: WTO

2009-07-26 00:00:00

GENEVA, July 25 (AFP): The contraction in trade in response to the economic crisis appears to have begun bottoming out, with Asia already showing a rebound, World Trade Organisation chief Pascal Lamy said yesterday. But Lamy warned against "excessive optimism"...

High-level dialogue to bring US-China economic ties closer

2009-07-26 00:00:00

WASHINGTON, July 25 (Xinhua): The coming high-level Strategic and Economic Dialogue (S&ED) between the United States and China will bring "closer and closer" the two nations' economic relations which are "important to the recovery of the world economy," Albert Keidel,...

Commodity prices rebound on US recovery hopes

2009-07-26 00:00:00

LONDON, July 25 (AFP): Commodity markets rebounded this week on hopes that the US economy will haul itself out of recession and spur demand for raw materials. Upbeat US company results and rising home sales fuelled optimism that the world's...

Taiwan, China to negotiate trade pact in October

2009-07-26 00:00:00

TAIPEI, July 25 (AFP): Taiwan and China will begin negotiations on a comprehensive trade pact in October, in a further step towards closer economic ties between the two neighbours, a report here said today. Vice trade ministers from both sides...

Market eases for fanning

2009-07-26 00:00:00

Market started on a strong note especially for good liquoring varieties but eased towards the second half of the catalogue particularly for fannings. Blenders operated in fairly good strength but there was less interest from the loose tea section and...

Ericsson buys Nortel wireless units for $1b

2009-07-26 00:00:00

STOCKHOLM July 25 (AP): Swedish wireless equipment maker LM Ericsson Saturday said it had penned a deal to buy a majority of Nortel Networks' North American wireless business for $1.13 billion.The Stockholm-based group said the purchase is on a cash...

Samsung Electronics reports 'outstanding' Q2 results

2009-07-26 00:00:00

SEOUL, July 24 (AFP): Samsung Electronics Co., the world's leading computer memory chipmaker, said today it had achieved "outstanding" second-quarter results due to a recovery in prices and demand. For the three months to June, it posted a net profit...

India warns scanty rains to hit rice crop, bans food exports

2009-07-26 00:00:00

NEW DELHI, July 25 (AFP): India warned yesterday that patchy monsoon rains were threatening its lifeline rice crop and said it would ban food exports as part of a plan to prevent any crisis. Agriculture Minister Sharad Pawar told parliament...

Power export to India not beneficial for Bhutan

2009-07-26 00:00:00

THIMPHU, July 25 (PTI): It is economically more beneficial for Bhutan to supply power to its industries than export it to India, a new study has claimed. The study by the Ministry of Economic Affairs (MOEA) and the Royal Audit...

India's private carrier Jet Airways shows Q1 net loss

2009-07-26 00:00:00

MUMBAI, July 25, (AFP): India's largest private sector airline, Jet Airways, reported today it swung to a first-quarter net loss from a profit in the same period a year earlier, hit by over-capacity and high interest costs. The company said...

Rupee surges further by 22.50 paise

2009-07-26 00:00:00

MUMBAI, July 25 (PTI): Buoyed by a weak dollar overseas, the Indian rupee yesterday surged by another 22.50 paise to 48.22/23 against the US currency in tandem with firm equity markets amid some dollar demand from oil refiners. In otherwise...

Metal Prices

2009-07-26 00:00:00

Copper Bid/Ask              2.4961             -2.5007 Change              +0.0045            +0.18% Low/High            2.4939             -2.5007 Nickel Bid/Ask             7.5379             -7.5833 Change               +0.0113            +0.15% Low/High            7.5266             -7.5833 Aluminum         Bid/Ask              0.7979             -0.8002 Change              +0.0023            +0.29% Low/High            0.7957             -0.8002 Zinc Bid/Ask              0.7507            ...

Commodity Prices

2009-07-26 00:00:00

Commodity                  Last WTI Light Crude            21:48:24 Brent Crude                 21:34:11 RBOB Gasoline            20:00:25 Heating Oil                   20:00:11 Nat Gas (NBP)             16:32:32 Soybeans                     18:43:19 Robusta Coffee            21:00:28 Cocoa #7 (₤)               21:00:26 Sugar #11                    21:00:21 Wheat             ...

Iraqi Kurds vote in dual election

2009-07-26 00:00:00

Iraqi Kurds are voting in a double election to choose a new parliament and president for their autonomous region in the north of Iraq, reports BBC.Some 20,000 troops have been stationed at polling stations, with 2.5 million people are registered...

Iranian vice-president 'sacked'

2009-07-26 00:00:00

Iranian President Mahmoud Ahmadinejad has dismissed his most senior vice-president, it has been reported, reports BBC.The decision, the state news agency Irna said, came after Supreme Leader Ayatollah Ali Khamenei ordered Mr Ahmadinejad to do so.First Vice-President Esfandiar Rahim Mashaie...