Gold on track for monthly gain on Mideast fears
Gold prices were on track to register their best month since March on Wednesday led by geopolitical concerns and hopes of an interest rate cut in September as focus shifted to the US Federal Reserve's upcoming policy decision, reports Reuters.Spot gold was up 0.7 per cent at $2,424.29 per ounce,...
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Oil rebounds after Hamas leader killed in Iran
BENGALURU, July 31 (Reuters): Oil prices climbed around $2 on Wednesday, rebounding from 7-week lows, as the killing of a Hamas leader in Iran ratcheted up tensions in the Middle East and overshadowed concerns about weak China demand.Brent crude futures were up $1.95, or 2.5 per cent, to $80.58 a...
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Basmati rice maker KRBL posts lower profit on weak demand
BENGALURU, July 31 (Reuters): India's KRBL reported its fourth straight quarterly profit fall on Wednesday, hurt by slower demand for its basmati rice.KRBL, which makes the 'India Gate' brand of basmati rice, said its consolidated net profit fell 55.5 per cent to 865.6 million rupees ($10.4 million) in the quarter...
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Bangladesh Development Bank holds 14th AGM
The 14th annual general meeting (AGM) of Bangladesh Development Bank PLC was held at the bank's boardroom on Wednesday. Chairman of the bank's Board and former senior secretary Shamima Nargis presided over the meeting while Managing Director and CEO of the bank Md. Habibur Rahman Gazi presented the Annual Report...
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BASIC Bank signs APA with FID
State-owned BASIC Bank Limited signed an Annual Performance Agreement (APA) with the Financial Institutions Division (FID) of the Ministry of Finance for the financial year 2024-2025. Md. Abdur Rahman Khan, Secretary of FID, and Md. Anisur Rahman, Managing Director & CEO of BASIC Bank, signed the agreement on Tuesday at...
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BSTI gets BAB accreditation certification
Bangladesh Standards and Testing Institution (BSTI) received accreditation certification from Bangladesh Accreditation Board (BAB). BSTI Director General (grade-1) S M Ferdous Alam received the certificate from Senior Secretary of Industries Ministry Jakia Sultana on Tuesday. BAB Director General Md Anowarul Alam was present at the event.
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