Raghuram Rajan, the former governor of the Reserve Bank of India, in the first of a three-part discourse on 'The Independence of the Central Bank' | 2016-09-07 00:00:00
Over the last few weeks, I have outlined the Reserve Bank of India's (RBI's) approach to inflation, distressed debt, financial inclusion, banking sector reform, and market reform. Here, I'd like to first discuss why central banking is not as easy...
Asjadul Kibria | 2016-09-07 00:00:00
US secretary of state John Kerry, during his nine-hour Dhaka visit last week, mostly concentrated on security and terrorism. But trade is always on the agenda of any bilateral talk between two countries. When the US secretary of state called...
Georgy Toloraya | 2016-09-07 00:00:00
The Group of Twenty (G20) summit in Hangzhou last weekend is not the first to be hosted by a BRICS (Brazil, Russia, India, China, and South Africa) country, one took place in Russia in 2015. But never before has the...
Siddique Islam | 2016-09-06 00:00:00
An all-time-high Tk 1.30-trillion liquidity glut in banks cast a damper on usual pre-festival upswing of call money in inter-bank borrowings, officials said. The inter-bank call-money rate remained stable Monday, barely a week before the Eid-ul-Azha fiesta that sees a...
Talha Bin Habib | 2016-09-06 00:00:00
The government is set to provide funds to the fishermen in coastal areas aiming to curb menace of middlemen and boost fish production, officials said. The department of fisheries (DoF), which is under the ministry of fisheries and livestock (MoFL),...
Jia Xingpeng and Xia Xiaolun | 2016-09-06 00:00:00
Journalists covering the G20 Hangzhou Summit were recently presented with a backpack designed specially for them. A simple gift, behind this bag lies a legend story of a Hangzhou-based company that grew from a simple workshop into a multinational corporation....
Xi Jinping, President of the People's Republic of China | 2016-09-06 00:00:00
And all of us share one and the same goal, that is, to make the Hangzhou Summit deliver fruitful outcomes. What we see here in Hangzhou showcases what has been achieved in the great course of reform and opening-up China...
Zeenat Khan from Maryland, USA | 2016-09-06 00:00:00
Mother Teresa became synonymous with the slums of Kolkata. On the eve of her nineteenth death anniversary, Pope Francis declared her a saint on Sunday (September 04). To be considered for sainthood, a figure must be credited with two miracles....
Maswood Alam Khan from Maryland, USA | 2016-09-06 00:00:00
A testament made ages back by Nelson Henderson, a simple farmer in the Swan River Valley region of Manitoba, Canada, made him famous. Henderson philosophised: "The true meaning of life is to plant trees, under whose shade you do not...
Muhammad Abdul Mazid | 2016-09-06 00:00:00
National Professor Dr Muhammed Ibrahim, a brilliant physician, a gifted teacher, a talented organiser and a great reformer was born on December 31, 1911 and died on September 06, 1989. His death anniversary is observed as (Diabetic) Service Day (Sheba...
Abdul Bayes | 2016-09-06 00:00:00
In the late 1970s, a marvellous movie hit the box office. Directed by Amjad Hossain, the film Golapi Ekhon Trene (Golapi now aboard a train) showed how a young girl from a very poor family and possibly hit badly by...
Meng Xianglin | 2016-09-06 00:00:00
Chinese President Xi Jinping urged the Group of Twenty (G20) members to work with real intent instead of just making empty promises as he offered to give China's remedies for future development of the group. Experts praised the president's prescription,...
Doulot Akter Mala | 2016-09-05 00:00:00
The pace of taking electronic taxpayer identification number (e-TIN) accelerated significantly in the current fiscal year. According to revenue board data, the number of e-TIN- holders surged to 2.1 million until Sunday. However, although the flow of e-TIN registration was...
Siddique Islam | 2016-09-05 00:00:00
The central bank has enhanced the credit-growth limits for three state-owned commercial banks (SoCBs) for this calendar year despite their soaring classified loans. Officials said the annual lending-growth limits for Sonali, Janata and Rupali have been re-fixed at 10 per...
Syful Islam | 2016-09-05 00:00:00
Bangladesh plans to press for immediate ministerial council approval for outcome of the fourth-round negotiations at the APTA (Asia-Pacific Trade Agreement) standing committee meeting in Bangkok this week. Officials said the approval would yield marginal tariff preferences to nearly 10,000...
Munima Sultana | 2016-09-05 00:00:00
Finance Minister A M A Muhith is going to sit with the ministries concerned today (Monday) to assess condition of the Japan-funded projects prior to his visit to Japan at the invitation of its government. The Japanese government has recently...
Babul Barman | 2016-09-05 00:00:00
The government's revenue earnings from the Dhaka Stock Exchange (DSE) rose 28 per cent month-on-month in August on the back of rising turnover value. Analysts said on the back of rising turnover value, the government earnings from the premier bourse...
Mohammad Mufazzal | 2016-09-05 00:00:00
The State Owned Enterprises (SoEs) have been asked to submit report on the latest progress of offloading shares in the capital market by September 30 this year. The instruction came Sunday at a meeting held at the ministry of finance...
[email protected] | 2016-09-05 00:00:00
RAJSHAHI, Sept 4: 'Gourmoti', a late variety of mango developed through natural pollination of flowers of Langra and Ashina mangoes is going to sweep markets of Rajshahi within next couples of years. Gourmati, unlike other late varieties of mangoes, is...
Saleh Akram | 2016-09-05 00:00:00
The richer nations of the world have long been pushing a misplaced perception that they were keeping the poorer countries alive by providing necessary assistance including employment for their poorer working people. Seemingly it was credible as resources are likely...
Neil Ray | 2016-09-05 00:00:00
There are more things in heaven and earth, Horatio, Than are dreamt of in your philosophy. If this observation made by Shakespeare in his masterpiece "Hamlet" is axiomatic, human characters also never fail to surprise their own species. Unfortunately for...
Shamsul Huq Zahid | 2016-09-05 00:00:00
The Dhaka Power Distribution Company (DPDC), formerly known as Dhaka Electric Supply Authority (DESA), according to a news report, unearthed pilferage of around 111 million units of electricity by 62 industrial units, commercial establishments and residential houses over a period...
Sunil Kaushal | 2016-09-05 00:00:00
Weaker global outlook and the impact of Brexit have created uncertainty around growth prospects. The impact weighs heavy on world economic outlook with the International Monetary Fund (IMF) predicting advanced economies will grow by only 0.2 per cent from 1.9...
Michael Heise in Munich | 2016-09-05 00:00:00
The long-running debate about the advisability of so-called helicopter money has changed shape, as new ideas emerge about the form it could take - and questions arise about whether it is already being dropped on some economies. What hasn't changed...
Eric Randolph of AFP in Sirjan, Iran | 2016-09-05 00:00:00
The pistachio trees at the village in southern Iran are long dead, bleached white by the sun -- the underground water reserves sucked dry by decades of over-farming and waste. The last farmers left with their families 10 years ago,...
Kerry Sheridan of AFP in Honolulu | 2016-09-05 00:00:00
A decade ago, there were just 115 western gray whales left in the world, and their feeding grounds near Russia's Sakhalin Island, north of Japan, were being drilled for oil. These massive whales, known as Esrichtiius robustus, faced a host...
Tom Jackson of Reuters in Lagos | 2016-09-05 00:00:00
Traditional banking in Africa has failed - 80 per cent of the continent's 1.2 billion people do not have a bank account or access to formal financial services. So mobiles and web-based services are stepping in to fill the gap....
Eric Randolph of AFP in Sirjan, Iran | 2016-09-04 00:00:00
The pistachio trees at the village in southern Iran are long dead, bleached white by the sun -- the underground water reserves sucked dry by decades of over-farming and waste. The last farmers left with their families 10 years ago,...
Kerry Sheridan of AFP in Honolulu | 2016-09-04 00:00:00
A decade ago, there were just 115 western gray whales left in the world, and their feeding grounds near Russia's Sakhalin Island, north of Japan, were being drilled for oil. These massive whales, known as Esrichtiius robustus, faced a host...
Tom Jackson of Reuters in Lagos | 2016-09-04 00:00:00
Traditional banking in Africa has failed - 80 per cent of the continent's 1.2 billion people do not have a bank account or access to formal financial services. So mobiles and web-based services are stepping in to fill the gap....
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