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    GP terms BTRC’s bandwidth cut move ‘illegal’

    Staff Correspondent | Updated at 12:00am on July 08, 2019

    Grameenphone on Sunday proposed resolving the issue of Bangladesh Telecommunication Regulatory Commission’s audit claim worth Tk 12,579.95 crore under the Arbitration Act 2001 in a transparent...

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    Stocks slump on new tax measures, GP woes

    Staff Correspondent | Updated at 12:00am on July 08, 2019

    Dhaka stocks slumped on Sunday as investors resumed share selling amid worries over the new budgetary measures on listed companies and a hike in gas price by the government...

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    Use of specialised VAT software must for businesses from Sept 1

    Staff Correspondent | Updated at 12:00am on July 08, 2019

    Businesses having annual turnover or sales worth Tk 5 crore or more will have to use specialised software specified by the National Board of Revenue from September 1 to maintain records of sales...

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    GP terms BTRC’s bandwidth cut decision illegal, seeks arbitration

    Staff Correpondent | Updated at 09:16pm on July 07, 2019

    Grameenphone on Sunday proposed resolving the issue of Bangladesh Telecommunication Regulatory Commission’s audit claim worth Tk 12,579.95 crore under the Arbitration Act 2001 in a transparent...

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    India’s cautious budget puts onus on central bank to spur growth

    Reuters . New Delhi | Updated at 12:21am on July 07, 2019

    The Indian government’s annual budget statement on Friday included measures aimed at improving the investment climate but lacked any direct steps to stimulate a sagging economy, adding to pressure on...

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    India to closely monitor NBFCs: minister

    Reuters . New Delhi | Updated at 12:19am on July 07, 2019

    India will closely monitor its shadow lending sector, the finance minister said on Saturday, a day after announcing the central bank would get much more regulatory authority over non-banking financial...

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    US media sector braces for brutal year for jobs

    Agence France-Presse . Washington | Updated at 12:18am on July 07, 2019

    The struggling US media industry is facing its worst year for job layoffs in a decade as news organisations continue to cut staff and close shop, according to a new survey. The consultancy Challenger Gray & Christmas...

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    Turkey fires central bank chief as policy differences deepen

    Reuters . Ankara | Updated at 12:17am on July 07, 2019

    Turkey on Saturday fired its central bank governor as policy differences between the government and the bank deepened in the face of an economic slump, volatility in the lira currency and...

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    Indian gold discounts at 3-year peak after import duty increase

    Reuters . Mumbai/Bengaluru | Updated at 12:15am on July 07, 2019

    Domestic gold prices in India jumped to a record on Friday following an unexpected increase in import duty in the country’s budget, hitting demand and forcing dealers to offer the highest discount in...

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    Fed faces tougher task in deciding whether to cut US rates

    Reuters . New York | Updated at 12:14am on July 07, 2019

    US employers are hiring workers, but that is only making the Federal Reserve’s job harder. On Friday, the Labour Department said nonfarm employers added 224,000 jobs last month - the most in five months, and not...

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