Bangladesh Financial News

13.08 / 13:43

country fun 'Indira Gandhi divided Pakistan, what did BJP do?’: Kharge's ‘dramatic’ dig at PM Modi in poll-bound Chhattisgarh

Lok Sabha Elections draw close, so does the hitting at, taking a jibe between the two camps , INDIA and BJP-led NDA, intensify. Both camps have left no stones unturned to oppose policies, moves within and without the parliament ahead of the biggest democratic festival India witnesses. Latest in the jibe fest was Congress President Mallikarjun Kharge, who hit out at Prime Minister Narendra Modi and took a swipe at the Bharatiya Janata Party (BJP) saying that they have a habit of twisting the work done by Congress.

12.08 / 03:05

Cooper track country NOT BRICS is not aimed against anyone even in current geo-political scenario, says Russian Deputy envoy

Ahead of the BRICS summit on August 22-24 in South Africa, Russia on Friday stated that BRICS is not aimed against anyone even in current circumstances and it even does not confront the current international economic and financial institutions, rather it is designed to supplement them. Echoing India’s thoughts Russia also stated the concept of single BRICS currency needs further study indicating that it is not in favour of rushing into single currency.

11.08 / 13:37

COST Platform country RBI Governor bats for expeditious completion of IMF quota review: ‘Will help distressed countries better’

PTI, the central bank governor batted for an "expeditious completion" of quota review at the IMF in order to help distressed countries better. Shaktikanta Das made the pitch while addressing a seminar on the global economy organized by the Ministry of Finance and the Reserve Bank of India (RBI) in Mumbai. "A bigger and stronger IMF that is capable of managing the levels of country risks assumes crucial importance," Das said.

10.08 / 08:15

Progressive Assurant Celebrity stage peace Centre Peace talks between Centre, Assam and ULFA pro talk faction after August 15

peace talks between the Centre, Assam government and the ULFA pro-talk faction will be held at the national capital after Independence Day, the outfit's leader Anup Chetia has said. Chetia, who was speaking to reporters on Wednesday, also hoped that the peace talks will be concluded before 2024. «We hope to arrive at a solution with the Government of India before the (general) election… It realises that if it signs the agreement with us (ULFA pro-talk faction) the Assam imbroglio will be solved,» he said.

10.08 / 08:11

Progressive Assurant Celebrity stage peace Centre place independence day After Independence Day, peace talks between Centre, Assam, and ULFA to take place in Delhi

ULFA pro-talk faction will take place in Delhi, said the outfit's leader Anup Chetia on Wednesday while hoping for its conclusion before 2024, according to a report published by the news agency PTI. Speaking to media persons, Chetia said, “We hope to arrive at a solution with the Government of India before the (general) election ... It realizes that if it signs the agreement with us (ULFA pro-talk faction) the Assam imbroglio will be solved." “After Independence Day celebrations our discussions will be held in New Delhi with the representatives of the Government of India and Government of Assam," the outfit's leader said.

10.08 / 04:37

COST UPS Waves Extreme Corning country Soaring rice prices stretch budgets for billions in Asia, Africa

rice prices to the highest level in almost 15 years is renewing fears that food costs are going to get a lot more expensive for the world’s poorest people. The grain is vital to the diets of billions in Asia and Africa. Rice contributes as much as 60% of total calorie intake for people in parts of Southeast Asia and Africa, and that rises to 70% in countries like Bangladesh.

09.08 / 12:03

stage World Cup 2023: India vs Pakistan now on 14 October, nine matches rescheduled. Check full list

The much-awaited encounter between India and Pakistan in the ICC Men's Cricket World Cup 2023 has been rescheduled to a different day, along with this eight other matches of the tournament have also been changed. The clash between India and Pakistan was originally slated to take place in Ahmedabad on Sunday, 15 October, but this has been moved a day earlier and will now be held at the same venue on Saturday, 14 October.

09.08 / 10:41

country Govt has started trade with neighbouring countries in INR, says Anupriya Patel

Lok Sabha, Minister of State for Commerce and Industry Anupriya Patel said a significant part of the India-Nepal trade is being carried out in Indian Rupee (INR) and all bilateral trade with Bhutan is also transacted entirely in INR. «Rupee trade mechanism has been initiated to facilitate trade in national currency with Russia. As of July 2, RBI has approved 34 applications from different Russian banks for opening SRVA in 14 Indian commercial banks,» the minister said in a written reply.

09.08 / 09:33

Enterprise Latin settlement These Latin American, African nations are next in line for India’s bilateral currency settlement drive

Also read: Will the rupee emerge as a global currency? During the Joint Trade Sub-Commission (JTSC) meeting held in New Delhi on August 8, India engaged in discussions regarding the possibility of establishing a bilateral currency trade settlement with Vietnam. Vietnam stands as India's fifth-largest trading partner within the Association of Southeast Asian Nations (ASEAN) region, contributing to 11.2 percent of India's overall trade with ASEAN in the fiscal year 2022-23.

09.08 / 04:57

UPS Pool Parke performer Indian hockey Indian men's team clubbed with Pakistan in Asian Games hockey

hockey team has been clubbed alongside arch-rivals Pakistan and will play the big-ticket match on September 30 in the Asian Games, while the women's side has South Korea and Malaysia among others in its pool. Placed in Group A, besides Pakistan, the Indian men have Asian Games champion Japan, Bangladesh, Singapore and Uzbekistan against whom they will begin their campaign on September 24, while the women' side, who are also in Pool A, will be up against Hong Kong and Singapore besides South Korea and Malaysia.

08.08 / 09:55

Waters Action Strategy 2 BSF personnel, 21 civilians held for involvement in infiltration attempts since 2021: Govt in Lok Sabha

civilians involved in infiltration attempts have been apprehended since 2021, Lok Sabha was informed on Tuesday. Union Minister of State for Home Nisith Pramanik said that to stop infiltration along the Indo-Pakistan and Indo-Bangladesh borders, the government has adopted a multi-pronged approach which includes round-the-clock surveillance and patrolling on the borders and establishment of observation post, increase in number of the BSF personnel, construction of border fencing and floodlighting.

07.08 / 11:15

PINK Discover Orange Marvell love band The versatility of India’s handlooms

Hiranya Vastra or Putambhar Vastra, and gods are described as having been decked in hiranya as they set forth in their chariots. King Siddhartha shed his royal robes and is said to have wrapped himself in the fine cotton of that time. Today, the weavers of Varanasi weave resplendent brocade gyaser cloth for Tibetan monasteries all over the countey, with special commendation by His Holiness the Dalai Lama.

07.08 / 05:01

country Modi government significantly enhancing border infrastructure: EAM Jaishankar

Modi government has significantly enhanced border infrastructure in the last nine years, including along the frontier with China, External Affairs Minister S Jaishankar said on Monday. In an interaction with a group of journalists, he said infrastructure push along the Northern border is going to determine India's response to national security challenges.

06.08 / 20:33

COST Provident Enterprise country boost settlement India and Bangladesh trade settlement in rupee will boost bilateral commerce: Sanjay Budhia

India and Bangladesh commencing cross-border trade settlement in Indian rupee (INR) would promote two-way commerce by reducing transaction cost, an industry official said on Sunday. CII national committee on EXIM Sanjay Budhia said that since all exports and imports and settlement of trade transactions under this arrangement may be denominated and invoiced in INR, this would also reduce dependence on the US Dollar and would address situations like scarcity of forex reserves apart from strengthening regional currency and trade.

06.08 / 15:41

Waves country concert Tripura-Bangladesh railway connectivity to start this year, says Tripura CM Manik Saha

Tripura Chief Minister Manik Saha said that Bangladesh rail communication will be started from Agartala this year. Saha on Sunday said that since Narendra Modi took charge as the Prime Minister of the country in 2014, the face of North Eastern states has changed drastically. “Now people of the NE region can witness a wave of development.

06.08 / 06:35

COST Manufacturing stage country Pakistan's textile industry struggles amidst job losses, economic crisis

AFP reported. "When you lose your job, your life comes to a close," the 43-year-old from Lahore told AFP, adding, "We've been working in factories for years... the day you get sacked, the story ends there." Amidst the global economic slowdown triggered by the war in Ukraine and the increase in energy expenses, Pakistan's industrial manufacturing sector has also been adversely affected, mirroring the situation in other parts of the world.

06.08 / 05:37

COST Manufacturing Zara country Pakistan's economic woes leave textile industry in tatters

Pakistan textile industry that has seen it lose ground to more nimble Asian competitors. «When you lose your job, your life comes to a close,» the 43-year-old from Lahore told AFP. «We've been working in factories for years… the day you get sacked, the story ends there.» Pakistan's industrial manufacturing sector — like elsewhere in the world — has suffered from the slowdown in global consumption and the rise in energy costs following the outbreak of war in Ukraine.

06.08 / 04:09

cricket World Cup 2023: Bengal cricket association request BCCI to reschedule England-Pakistan match at Eden Gardens. Here's why

India vs. Pakistan game on October 15. The high-voltage match was originally set for 15 October, but the security agencies advised the BCCI to consider rescheduling as the Hindu festival of ‘Navratri’ was beginning on the same date.

05.08 / 20:49

MET Member of disbanded militant outfit Ansarullah Bangla Team arrested in Assam’s Dhubri

Ansarullah Bangla Team (ABT) was arrested in Assam’s Dhubri district on Saturday. ABT is an affiliate of Al Qaeda in the Indian Subcontinent (AQIS).

04.08 / 14:45

COST Citi Aviat Airlines Metro country OMCs may have scope to cut fuel rates, says petroleum minister Hardeep Puri

Nirmala Sitharaman announced an excise duty cut on petrol and diesel. The prices have remained stagnant despite a decline in international crude price over the past one year. The decision of state-run OMCs not to cut oil prices, however, has drawn criticism for the government from the opposition as inflation has been on the rise.

04.08 / 04:29

Power share price Adani Power share price rises over 3% after strong Q1 net profit growth

₹284.95 apiece on the BSE. Adani Power, the Adani group company, on Thursday, had posted a net profit of ₹8,759 crore for the first quarter of FY24, registering a robust growth of 83% from ₹4,780 crore in the same quarter last year.

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