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    Stocks continue to rise as buying pressure overtakes profit taking

    Staff Correspondent | Updated at 12:05am on December 29, 2016

    Dhaka stocks rose for fourth day on Wednesday amid decline in turnover as a section of investors’ optimistic purchasing overpowered profit booking share sales by another section...

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    9 more RMG units lose ties with buyers

    Staff Correspondent | Updated at 12:04am on December 29, 2016

    The number of readymade garment factories in which global buyers cut business relations on charge of failure in fixing safety faults reached to 187 with suspension of nine factories by the North American retailers’ group in December 21-27...

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    NBR starts creating online database of income taxpayers

    Jasim Uddin | Updated at 12:01am on December 29, 2016

    The National Board of Revenue has started uploading of all income tax returns’ information in its online return filing system to create a digital profile of all taxpayers...

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    Net NSCs sales exceed FY target in 5 months, soar to Tk 20,000cr

    AKM Zamir Uddin | Updated at 11:41pm on December 28, 2016

    The net investment in national savings certificates and bonds skyrocketed to Tk 20,319 crore in just five months of the financial year 2016-17, surpassing its annual target of Tk 19,610 crore, as clients invested heavily in the savings tools due to lack of investment opportunities...

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    Fights, disturbances shut down malls across US

    Reuters . Milwaukee/ Washington, DC | Updated at 11:41pm on December 27, 2016

    Fights, disturbances and false reports of gunfire caused chaotic scenes and shut down several malls across the United States on Monday during the typically busy post-Christmas shopping day....

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    Global industry reels as cash ban hits India diamond hub

    Reuters . Surat, India/ Toronto | Updated at 11:37pm on December 27, 2016

    The global diamond industry is facing disruption that could stretch through the first few months of next year, including Valentine’s Day in February, as a result of Indian prime minister Narendra Modi’s radical move to abolish most of the nation’s cash overnight...

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    Indian woman finds Rs 100cr in bank account, approaches Modi’s office

    Business Desk | Updated at 11:35pm on December 27, 2016

    Shocked to find nearly Rs 100 crore in her Jan Dhan account, a bank account opened with zero balance, in a Meerut branch of a state-run bank, a woman on Monday sought the India’s PMO intervention after the bank officials did not attend to her complaint and kept asking her to come some other time, reports Times of India...

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    DSE index marches past 5,000-pt mark

    Staff Correspondent | Updated at 11:30pm on December 27, 2016

    The bull run of Dhaka Stock Exchange continued for the third trading session on Tuesday with its the key index, DSEX, exceeding 5,000-point mark for the first time in 25 and a half months amid unusual rise in share prices of a number of companies...

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    NBR to ‘get tough’ to realise Tk 32,876cr from four gas cos, BPC

    Staff Correspondent | Updated at 11:25pm on December 27, 2016

    The National Board of Revenue on Tuesday asked its two field offices to take ‘final steps’ to realise Tk 32,876 crore in outstanding revenues from state-owned four gas companies and Bangladesh Petroleum Corporation...

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    Govt to give fresh fund to BASIC Bank, says Muhith

    Staff Correspondent | Updated at 11:20pm on December 27, 2016

    The government is going to provide BASIC Bank with fresh fund again to keep it alive, finance minister AMA Muhith said in Dhaka on Tuesday...