Bangladesh Financial News

Hindustan Times quoted BCCI secretary Jay Shah as saying after the 19th Apex Council meeting. ALSO READ: India to send men and women cricket teams to Asian Games; choose from players not taking part in World Cup 2023 Earlier, the BCCI Apex Council approved on Friday that the IPL version of the much-talked about Impact Player Rule will be used in the Syed Mushtaq Ali T20 Trophy (SMAT) beginning 16 October. It us set to take place in Hangzhou, Chinna in September-October.

ESPNCricinfo, the panel includes interior minister Rana Sanaullah and Law and justice minister Azam Nazeer Tarar. The heads of intelligence agencies and representatives of all political parties have also found a place in the committee, making the scope for wide consultations. The report adds that the reason behind keeping such a large panel is likely to be a buffer against a change in government as the country will be soon headed towards the general elections.

India (BCCI) in its 19th apex Council meet on Friday decided to send both the men's and women's criclet teams to participate in the Asian Games which are scheduled to be held in September 2023 at Hangzhou, China. With the ICC Men's Cricket World Cup scheduled to commence on October 5, the cricket governing body has announced to send a second string team of men. Nonetheless, women's team will mark their presence in full strength.

Bangladesh's one-day captain Tamim Iqbal reversed his decision to retire from international cricket a day after his emotional announcement, saying on Friday he was instructed to continue playing by the country's Prime Minister Sheikh Hasina. The 34-year-old was in tears on Thursday while announcing his decision to end his 16-year international career only three months before the team's 50-overs World Cup campaign in India.

central bankers' central bank, the Bank for International Settlements (BIS), has laid out a seven-point plan designed to help countries prevent cyber hacks on the new wave of digital national currencies under development. Around 130 countries are now exploring central bank digital currencies (CBDC) to keep up with technological change, but there are worries that the online nature of them could make them a major target for criminals and hostile states.

Bangladesh star to reconsider his retirement. The decision was particularly shocking as it was coming when Bangladesh is preparing for the ICC World Cup 2023 and the Asia Cup 2023.

reliance on dollars. Eastern Bank, which opened rupee accounts with the State Bank of India and ICICI Bank, will announce the plan for rupee trade on July 11. The other Bangladeshi lender offering the same service is the state-run Sonali Bank.

New Delhi: Disney+ Hotstar, the video streaming platform owned by the Walt Disney Co, has announced that its new show, The Trial starring Kajol, will stream on 14 July. Over-the-top streaming platforms are increasingly relying on the innate urge of Bollywood A-listers to find an audience and reach out to the masses, to expand their subscriber base, said media experts.

NEW DELHI : The Centre will devise a strategy to tap export markets for Indian coal as domestic production sets new records, Union minister of parliamentary affairs, coal and mines Pralhad Joshi said. In an interview, Joshi said India already exports around 2 million tonnes (mt) of coal to its neighbours. He said that after the recent lithium finds in Jammu and Kashmir and Rajasthan, the Geological Survey of India (GSI) has begun six projects on lithium investigation in Chhattisgarh, Meghalaya, Jammu & Kashmir, and Andhra Pradesh.

Bangladesh ODI captain and opening batsman Tamim Iqbal announced his shock retirement from international cricket with immediate effect. The 34-year-old left-hander had quit T20I cricket last year. An emotional Iqbal announced his decision at a press conference in Chattogram, a day after his team lost the opening ODI against Afghanistan in the three-match series.

rice prices, now at their highest in 11 years, are set to rally further after India moved to boost payments to farmers, just as El Nino threatens yields in key producers and alternative staples get costlier for poor Asians and Africans. India accounts for more than 40% of world rice exports, which were 56 million tonnes in 2022, but low inventories mean any cut in shipments will fuel food prices driven up by Russia's invasion of Ukraine last year and erratic weather. «India was the cheapest supplier of rice,» B.V.

Indian market domestically via a partnership with Padget Electronics. Buniac also said that India will serve as an export hub for Motorola to the US, Sri Lanka, and Bangladesh. Simultaneously, Motorola is investing heavily in R&D in several countries, including India, where it is establishing its second camera lab outside the US in Bengaluru.

BSE SME exchange at a premium on Wednesday. The stock was listed at ₹86.05 per share, nearly 4.9 percent higher than the issue price of ₹82 on the BSE SME exchange.  On day 3 of the subscription, the issue was subscribed 2.46 times. The retail investors portion was subscribed 1.65 times and other category was subscribed 3.26 times.

Zoramthanga in a tweet stated, “The onset of May witnessed a brutal, untoward and uncalled-for incident in Manipur. At this very moment, 3:30am, July the 4th, 2023; nothing seems to have changed. We are counting, and today is the 62nd day.

India has doubled its share of global commercial services exports to 4.4 per cent in 2022 from 2 per cent in 2005, according to a World Bank and World Trade Organisation (WTO) report. "China and India doubled their share of global commercial services exports from 2005 to 2022, from 3.0 per cent to 5.4 per cent, and from 2.0 per cent to 4.4 per cent, respectively," it said.

commercial services exports to 4.4% in 2022 from 2% in 2005, the World Bank and World Trade Organization (WTO) said Monday. In a report titled ‘Trade in services for development’, they said that in India, South Africa and Türkiye, jobs directly linked to cross-border services exports account for more than 10% of total services sector jobs.

Atul Anand took over as Additional Secretary of Department of Military Affairs on Monday, the Defence Ministry said. The post was previously held by Lt Gen Anil Puri, who retired on February 28 this year, the ministry said in a statement.

PTC India Ltd has clocked 16 per cent growth in its power trading volumes during the first quarter of this fiscal and hopes for around 20 per cent rise in the entire 2023-24, driven by targeted segment wise trade and innovative products, according to CMD Rajib Kumar Mishra. PTC India's trading activities include long-term trading of power generated from large power projects and short-term trading arising from supply and demand mismatches, which inevitably occur in various regions of the country. The company also has a mandate to trade electricity with Bhutan, Nepal, and Bangladesh.

Guwahati: Assam chief minister Himanta Biswa Sarma on Saturday said that state is getting closer in becoming a major exporter of petrochemicals as the state has sent first consignment of methanol to Bangladesh. Sarma tweeted, “We are one step closer to establish Assam as a major exporter of petrochemicals. Today, we flagged off the first methanol consignment to Bangladesh from Assam Petrochemical Plant, which was inaugurated by Hon PM in April '23.” Sarma said that government is heavily investing in the petrochemical sector by increasing its stake in Numaligarh Refinery Limited, investing in new projects of Assam Petrochemicals Limited among others.

With cryptocurrencies increasingly gaining a foothold across the Arab world, some industry analysts are examining how Saudi Arabia’s plan to join China’s New Development Bank, also known as the BRICS bank, could impact on diversifying the kingdom’s financial environment. 

debt for distressed economies, the chief of the International Monetary Fund said on Saturday on the sidelines of a G20 meeting, adding that banning private cryptocurrencies should be an option. India's G20 presidency comes at a time when its South Asian neighbours Sri Lanka, Bangladesh and Pakistan are seeking urgent IMF funds due to an economic slowdown caused by the COVID-19 pandemic and the Russia-Ukraine war. China, the world's largest bilateral creditor, urged G20 nations on Friday to conduct a fair, objective and in-depth analysis of the causes of global debt issues as clamour grows for lenders to take a large haircut, or accept losses, on loans. «On debt restructuring, while there are still some disagreements, we now have the global sovereign debt roundtable with consideration of all public and private creditors,» IMF Managing Director Kristalina Georgieva told reporters after the roundtable she co-chaired with Indian Finance Minister Nirmala Sitharaman.