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    BB legalises appointment of DMDs in SOBs by govt

    Staff Correspondent | Updated at 01:43am on October 23, 2018

    Bangladesh Bank has legalised appointment of deputy managing directors in the state-owned banks by the government....

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    Three held over bid to blackmail India’s Paytm founder

    Reuters . Mumbai | Updated at 04:49pm on October 23, 2018

    Indian police have detained three people, including the spokeswoman of the country’s biggest digital payments company Paytm, over an alleged bid to...

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    Local steel makers seek steps against low-cost import under SAFTA

    Jasim Uddin | Updated at 01:46am on October 23, 2018

    Local steel manufacturers have demanded protection of locally made several types of finished steel products from uneven competition with low-cost commercial imports under SAFTA benefit....

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    Borhan becomes chair, Nurul vice-chair of Padma Islami Life Insurance

    Business Desk | Updated at 01:23am on October 23, 2018

    NRM Borhan Uddin has been elected as chairman and Dewan Nurul Islam as vice-chairman of Padma Islami Life Insurance for the next term at the company’s 156th board of directors’ meeting held on Sunday, said a press release....

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    Stocks plunge to 21-month low as polls-centric worries bite

    Staff Correspondent | Updated at 01:46am on October 23, 2018

    Dhaka stocks on Sunday plunged to a 21-month low with a fall in the share prices of more than two-thirds of the traded scrips as investors continued offloading their holdings amid political worries ahead of the national elections....

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    Italy relief, hopes for China stimulus buoy global stocks

    Reuters . London | Updated at 01:59am on October 23, 2018

    European shares crept higher on Monday on relief over Italy’s budget, tracking rallies in Asia markets after China promised to provide stimulus to stabilise its economy and offset the impact of US tariffs....

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    BD earns $41 billion from exports

    Staff Correspondent | Updated at 12:00am on October 23, 2018

    Commerce minister Tofail Ahmed on Monday told parliament that Bangladesh earned $41 billion by exporting goods during fiscal year 2017-18...

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    German growth could rebound after weak third quarter: Bundesbank

    Reuters . Frankfurt | Updated at 01:19am on October 23, 2018

    Germany’s economy struggled in the third quarter on a dip in car manufacturing but the drivers of its recent expansion remain in place, so growth should rebound in the final three months of the year, the Bundesbank said on Monday....

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