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    Investment in NSCs surpass Tk 42,000cr in 10 months

    AKM Zamir Uddin | Updated at 11:15pm on May 27, 2017

    The net investment in the national savings certificates and bonds surpassed Tk 42,000 crore in the first 10 months of this fiscal year as a section of people continued to invest heavily in the NSCs to enjoy high returns from the tools...

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    India govt bans cattle trading for slaughter

    Reuters . New Delhi | Updated at 11:16pm on May 27, 2017

    Indian meat traders plan to take the government to court over new rules banning the trading of cattle including buffalo for slaughter, calling it a move by prime minister Narendra Modi’s administration to hurt the business run mainly by Muslims...

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    Stocks rebound on VAT, saving tools interest rate cut reports

    Staff Correspondent | Updated at 11:19pm on May 27, 2017

    Dhaka stocks rebounded last week after two weeks fall as prices of energy and bank shares surged amid the investors’ optimistic share purchasing at the hint of value-added-tax reduction and profit margin cut on national saving tools...

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    Prices surging belying govt’s stability pledge

    Staff Correspondent | Updated at 11:17pm on May 26, 2017

    The prices of sugar, garlic, aubergine and tomato went up in the city’s kitchen markets over the week ending Friday. Retailers blamed wholesalers for increasing the prices of commodities while consumers alleged that traders have been increasing the prices of essential commodities ahead of the month of Ramadan that begins tomorrow, due to lack of government monitoring...

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    Defaulted loans in state-run banks Tk 41,399.70cr

    Staff Correspondent | Updated at 11:20pm on May 26, 2017

    The eight state-run banks held 56.39 per cent or Tk 41,399.70 crore of the total defaulted loans in the banking sector as of March 31, 2017 as the banks disbursed large amounts of loans to their clients violating rules, Bangladesh Bank officials said..

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    Modi’s generics-only drugs plan worries Indian pharma sector

    Reuters . Mumbai | Updated at 11:24pm on May 26, 2017

    India’s plan to bring in a law to ensure doctors prescribe medicines only by their generic names risks proliferating the sale of substandard drugs in a country where regulation is already lax, doctors and pharmaceutical executives say...

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    Most banks post better earnings in Q1

    Staff Correspondent | Updated at 11:22pm on May 26, 2017

    Despite increase in defaulted loans, comprehensive earnings per share of most of the listed banks increased during the first quarter of the year 2017 against that in the same period in the previous year.As the country’s banking sector was having a huge amount of liquidity..

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    10 start-ups recognised

    Business Desk | Updated at 11:35pm on May 25, 2017

    The government on Thursday recognised technology start-ups by awarding 10 start-ups with the Bangladesh Start-up Award at the National Demo Day and the award ceremony organised by the Information and Communication Technology Division in association with start-up advocacy organisation Better Stories, said a news release...

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    Large caps save stocks from fall

    Staff Correspondent | Updated at 11:31pm on May 25, 2017

    Dhaka stocks finished flat on Thursday due to increase in share prices of some large capitalised entities that helped to neutralise the impact of price fall of most traded scrips amid investors’ profit booking...

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    REHAB membership mandatory for developers

    Staff Correspondent | Updated at 11:31pm on May 25, 2017

    The commerce ministry has made it mandatory for all the developer companies for taking membership of the Real Estate and Housing Association of Bangladesh to run their business in the sector...