The Financial Express

India receives $83b FDI from EU in 2000-17

FE Online Desk 2017-10-07 03:00:39

India received around US$ 83 billion in Foreign Direct Investment (FDI) from Europe during 2000-17 constituting approximately 24 per cent of the total FDI inflow into the country. The European Union...

BSEC should exercise ‘its full power’ without looking to govt

FE Report 2017-10-06 12:00:00

The securities regulator BSEC should exercise its full power for the sake of development of the country's capital market, said State Minister for Finance MA Mannan on Thursday. He was speaking at a s...

Private sector credit growth rises notably, crosses target

-- 2017-10-06 09:52:14

Private sector credit growth increased significantly in August mainly due to higher trade financing by banks for settling import payment obligations, officials and bankers said. The growth in credit...

Global warming behind rising airplane turbulence

-- 2017-10-06 05:14:21

Nervous fliers may have more bumpy rides to worry about in the years to come. A new study published in the journal Geophysical Research Letters, found climate change could cause up to three times as m...

UK retail sales jump over three years

-- 2017-10-06 03:21:44

Retail sales in the UK jumped more than three years during the month of September, a survey of the retail sector showed, suggesting consumers are finding ways to cope with the squeeze on their incomes...

No rice crisis in country now: Minister

FE Report 2017-10-05 12:54:06

Food Minister Qamrul Islam speaks at a workshop on 'Eliminating Hunger and Malnutrition: Are Sustainable Solutions in Sight?' at a city hotel on Wednesday. International Food Policy Research Institute...

Australian retail sales drop in Aug

-- 2017-10-05 12:25:15

Australian retailers suffered their worst decline in sales since early 2013 as debt-laden consumers tightened their purse strings. Thursday’s data from the Australian Bureau of Statistics (ABS)...

Central bankers brainstorming sustainable finance

FE Report 2017-10-05 12:00:00

A three-day meet on sustainable finance with delegates from central banks of Ghana, Nepal and Nigeria began in Dhaka Wednesday to promote sound environmental and social practices by banks. Bangladesh...

Construction worker dies from electrocution

FE Online Desk 2017-10-05 11:48:03

A construction worker died after being electrocuted at his workplace in Azimpur area in Dhaka Thursday morning. The deceased was identified as Anwar Hossain Moqaddes, aged around 40, son of Mahbub Al...

World food prices rise 0.8pc in September: FAO

-- 2017-10-05 08:02:50

World food prices rose slightly in September from the month before, buoyed by higher valuations in the vegetable oil and dairy sectors, the United Nations food agency said on Thursday, reports Reuters...

Indian government considering exemptions sought by Apple: official

Reuters 2017-10-05 01:41:46

The Indian government is considering exemptions sought by Apple Inc for setting up a unit to assemble iPhones, Ramesh Abhishek, the top bureaucrat in the Department of Industrial Policy and Promotion,...

BD can learn from India’s move to be cashless society, demonetisation

FE Report 2017-10-05 01:00:14

Indian Finance Minister Arun Jaitley speaks at the public lecture on 'Macroeconomic Initiatives of the Government of India' at a Dhaka hotel on Wednesday. Bangladesh Finance Minister AMA Muhith, Polic...

BD set to pour first concrete into Rooppur N-plant this month

FE Report 2017-10-04 12:00:00

The government is set to pour first nuclear concrete into the Rooppur nuclear power plant (RNPP) project this month after ending the pre-construction phase, said officials. Russian President Vladimi...

Prices of building materials register significant rise

Saif Uddin 2017-10-04 12:00:00

The prices of key construction materials, including steel rods and bricks, have marked a significant rise in the recent times, triggering anxiety among the realtors, sector insiders have said. They s...

Commercial launch of metro rail likely to miss schedule

Munima Sultana 2017-10-04 12:00:00

Some problems, including the ones in the bidding process, are likely cause substantial delays in launching of the much-publicised metro rail. Project sources said commercial launching of mass rapid t...

Interest rates on bank deposits increase

Siddique Islam 2017-10-04 12:00:00

Interest rates on bank deposits increased further following higher credit growth particularly in private sector, officials said, citing latest disclosure. The weighted average interest rate on deposi...

Bangladesh signs $4.5b LoC deal with India

FE Report 2017-10-04 12:00:00

Bangladesh and India Wednesday signed a US$4.5 billion dollar credit line which will be used for 17 development projects. Bangladesh’s Economic Relations Division Secretary Kazi Shofiqul Azam a...

MTB signs deal with RIC on payroll banking solutions

FE Online Desk 2017-10-04 12:00:00

Mutual Trust Bank Limited (MTB) has recently signed an agreement with Resource Integration Centre (RIC) at a simple ceremony held at the RIC Central Office, Dhanmondi, Dhaka. Under this agr...

Arun Jaitley wants cashless economy to reduce corruption, tax evasion

-- 2017-10-04 12:00:00

Visiting Indian Finance Minister Arun Jaitley supports cashless economy as a cash-based economy harms the poor and supports corruption. "If the economy depends mostly on cash, the curse of cash hits...

UK economy in low gear

-- 2017-10-04 12:00:00

Britain’s economy remains stuck in low gear but price pressures are rising again, according to surveys on Wednesday that will probably keep the Bank of England on track to raise interest rates s...

Yahoo 2013 data breach hit all accounts

Reuters 2017-10-04 09:52:44

Yahoo has said that all of its three billion user accounts were affected in a hacking attack dating back to 2013. The company, which was taken over by Verizon earlier this year, said an investigation...

All three billion Yahoo accounts were hacked in 2013

-- 2017-10-04 04:25:53

Yahoo revealed Tuesday that every single one of its three billion accounts got hacked in a 2013 breach, reports CNET. Late last year, it had said that the attack compromised one billion accounts -- w...

Japanese companies struggle to hire staff

Reuters 2017-10-03 12:27:40

Companies in Japan’s service industries are struggling to hire and retain staff as the labour market becomes the tightest in decades, and are increasingly taking unorthodox steps to alleviate th...

ERF buys office space at Paltan

FE Report 2017-10-03 12:00:00

Economic Reporters' Forum (ERF) has moved to purchase a floor space at Paltan in the city aiming to establish its permanent office and an institute to help sharpen the professional skill of business j...

10m US users saw Russia-sponsored ads: Facebook

Reuters 2017-10-03 12:00:00

Some 10 million people in the United States saw politically divisive ads on Facebook that the company said were purchased in Russia in the months before and after last year’s US presidential ele...

India-BD to sign $4.5b LoC deal Wednesday

FHM Humayan Kabir 2017-10-03 12:00:00

Dhaka signs a deal with Delhi tomorrow (Wednesday) on a US$4.5 billion third line of credit (LoC) tagged with stringent conditions, officials said Monday. Besides, they said, the two sides will enter...

Tesla: World's biggest battery half-built

BBC 2017-10-03 12:00:00

Tesla has reached the half-way point in its plan to build the world's biggest battery, in South Australia. The plan to build the 100MW (129MWh) lithium battery grew out of a Twitter bet between Tesla...

Dhaka Bank inks term sheet with Chandpur Power Gen

FE Online Desk 2017-10-03 12:00:00

Dhaka Bank Limited signed a Term Sheet with Chandpur Power Generations Limited - a concern of Doreen Group for arrangement of Syndicated Term Loan of USD 65.00 million Monday at the Corporate Office o...

IPDC Finance builds home for flood affected people