Country’s general point to point inflation rate slightly increased to 5.65 percentage point in March from the previous month due to the slight increase…

National flag-carrier Biman Bangladesh Airlines has received a good response to a tender it floated to induct at least two Boeing aircraft into its fleet on dry lease basis, aiming to tackle the shortage of the aircrafts after phasing out the decades old two Airbus, reports UNB. “We have got eleven…

Capital machinery imports rose during July-February period in the current fiscal (2015-16) despite a decrease in the total value of import Letter of Credits (LCs), reports BSS. Between July, 2015 and February 15, 2016, US$ 2212.40 million worth of LC settlements for capital machinery were made, a year…

Stocks stumbled yesterday after showing steady rise in the past five consecutive trading sessions. All the indices at the country's twin stock exchanges closed in red, though with marginal fall, reports BSS. The daily transaction, which marked significant rise in the past few trading sessions, was…

A rare blue diamond set a new record at Sotheby’s in Hong Kong Tuesday after fetching HK$248.29 million ($31.8 million), despite a slowdown in China’s economy which has affected the auction market, reports AFP from Hong Kong. The “De Beers Millennium Jewel 4”, a 10.10 carat vivid…

AFP, LONDON: Europe’s main stock markets dived yesterday, after another sell-off across most of Asia that was sparked by a fresh drop in oil prices,…

AFP, MENLO PARK:  Facebook on Monday began using artificial intelligence to help people with visual impairments enjoy photos posted at the leading social network. Facebook introduced machine learning technology trained to recognize objects in pictures and then describe photos aloud. “As Facebook…

AFP, LOS ANGELES : A Technicolor scientist surrounded by the latest virtual reality technology inspects a vial containing a few droplets of water -- and…

AFP, NEW DELHI:  India’s central bank yesterday cut its key interest rate to a five-year low of 6.5 per cent  citing a dip in inflation, and signalled there could be further rate cuts to come. In a widely expected move, the Reserve Bank of India (RBI) said it would lower the benchmark…

The Greater Khulna Development Action Coordination Committee (GKDACC), a committee floated by local people of Khulna region, yesterday demanded allocation of adequate fund in the next national budget 2016-17 for implementation of different development projects in Khulna region. Sheikh Mosharraf Hossain,…

Linde Bangladesh Limited, a member of The Linde Group’s Gases Division, yesterday marked the start of construction for the company’s BDT 1.2 billion (EUR 14.6 million) air separation unit (ASU) in Rupganj, says a press release. Linde’s investment in this new plant was announced in…

India’s first semi-high speed train Nizamuddin-Agra Gatiman Express has been flagged off yesterday (April 5) by Railway Minister Suresh Prabhu from Delhi’s Hazarat Nizamuddin Station, reports BSS. The new train - that can reach a maximum speed of 160 km per hour - will operate between Delhi’s…

Mostafa Jabbar and Abdullah H Kafi have been appointed advisers to the BASIS president for expanding local and international market of information technology,…

AFP, FRANKFURT: Global econo-mic recovery is still "too slow" and "too fragile" in the face of growing risks from a slowdown in China and subdued growth in developing economies, International Monetary Fund chief Christine Lagarde said yesterday. "The good news is that the recovery…

AFP, SINGAPORE: Oil prices tumbled further in Asia yesterday on dwindling hopes that key producers will reach an agreement to freeze output when they meet this month to discuss a global supply glut. After breaking above $40 in March on expectations for the Russia-Saudi Arabia-led talks, the commodity…