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Search date: 21-06-2019 Return to current date: Click here

Oil prices up 3.0pc to $63 as Iran shoots down US drone in Gulf

LONDON, June 20 (Reuters): Oil jumped more than 3.0 per cent to above $63 a barrel on Thursday after Iran shot down a US military drone, raising fears of a military confrontation between Tehran and Washington.Also supporting oil were expectations that the US Federal Reserve could cut interest rates at...

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Bangladesh makes significant progress in absolute IGM

Bangladesh has made significant progress in absolute intergenerational mobility (IGM), meaning the share of individuals exceeding their parents, in education with 65 per cent of girls being more educated than their fathers, said an economics professor teaching in a Canadian university, according to a statement.However, relative IGM, meaning the extent...

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Thrust on proper execution of proposed budget

Hailing the national budget proposed for the fiscal year 2019-20 the International Business Forum of Bangladesh (IBFB) on Thursday stressed the need for proper implementation of it. It also suggested that investment of black money, which was again proposed in the budget, should be allowed in the sectors that will...

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Four search wells will be drilled in Bay of Bengal

State Minister for Power, Energy and Mineral Resources Nasrul Hamid Wednesday said four search wells will be drilled in the shallow block of the Bay of Bengal by March 2021 aiming to explore more mineral resources, reports BSS."Searching activities are underway in four deep and shallow blocks of the Bay...

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Gold sprints to over 5-yr peak

BENGALURU, June 20 (Reuters): Gold prices surged 2.0 per cent to their highest in more than five years on Thursday after the US Federal Reserve signalled possible interest rate cuts later this year, sending the dollar lower and US Treasury yields plunging.Spot gold was up 1.7 per cent at $1,382.70...

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