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    India central bank employees urge governor to protect autonomy

    Reuters . Mumbai | Updated at 11:05pm on January 14, 2017

    The employee union of the Reserve Bank of India has urged the bank’s governor to protect central bank autonomy and not allow the federal government to interfere in processes following criticism over how it handled a ban on high-value currency...

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    Stocks surge extends to 11th week

    Staff Correspondent | Updated at 11:00pm on January 14, 2017

    Dhaka stocks skyrocketed last week, extending the market surge to eleventh week, amid investors’ heavy purchasing of stocks following prime minister Sheikh Hasina’s positive remarks regarding the capital market...

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    GDP growth to reach 8pc in 2yrs: Muhith

    Bangladesh Sangbad Sangstha . Kuakata | Updated at 10:57pm on January 14, 2017

    Finance minister Abul Maal Abdul Muhith on Saturday said that Bangladesh would attain 8.0 per cent GDP growth in two years...

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    BB gets 66 proposals involving $403.63m for long-term financing

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 10:56pm on January 14, 2017

    Bangladesh Bank has already got 66 project proposals involving US$ 403.63 million through different private banks to facilitate long term financing under the World Bank funded Financial Sector Support Project...

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    No tax benefits for defaulting entities

    Jasim Uddin | Updated at 10:38pm on January 14, 2017

    The National Board of Revenue has decided to frame a policy to bar entities having tax dues from receiving any tax benefits, officials said...

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    Govt approves integrated inspection checklist for all industries

    Staff Correspondent | Updated at 10:35pm on January 14, 2017

    The Department of Inspection for Factories and Establishments has started implementing the new integrated checklist approved recently by the government in inspecting factories in all industrial sectors in the country...

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    New MPS may keep pvt sector credit growth target unchanged

    AKM Zamir Uddin | Updated at 10:26pm on January 14, 2017

    Bangladesh Bank may keep unchanged the private sector credit growth target in the upcoming monetary policy statement (MPS) for January-June of 2017 considering the existing lower credit demand from the private sector amid sluggish business, said officials of the central bank...

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    Britain weighs tougher laws to tackle corporate crime

    Reuters . London | Updated at 10:23pm on January 13, 2017

    Britain is considering introducing a tough US-style anti-corruption regime for multinational companies and their senior executives by making them liable for failing to prevent the economic crimes of staff and agents...

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    Modi in a spin as he replaces Gandhi as face of India’s homespun cotton

    Reuters . New Delhi | Updated at 10:23pm on January 13, 2017

    Indian prime minister Narendra Modi has replaced independence hero Mahatma Gandhi as the 2017 face of the government’s traditional handloom and cotton industry, triggering criticism on Friday...

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    Amazon to deliver 1 lakh new US jobs

    Agence France-Presse . Washington | Updated at 10:17pm on January 13, 2017

    Amazon on Thursday unveiled plans to create 1,00,000 US jobs over the next 18 months, as president-elect Donald Trump presses the business world to boost activities on American soil...