After more than two months long brisk business, mango trading in Rajshahi and Chapainawabganj districts is now on the final stage amid last moment’s exorbitant price, reports BSS. Excepting a few places like Seroil and Shaheb Bazar areas, most of the businessmen including the amateur ones have…

The National Board of Revenue (NBR) has cut excise duty by Tk 1000 on the air ticket of Hajj passengers, reports BSS. A circular issued by NBR said yesterday, the excise duty on the air ticket of Hajj passengers has been cut down to Tk 1000 from existing Tk 2000. Only Hajj passengers will be eligible…

Bangladesh Bank (BB) is set to announce today its flagship monetary policy statement (MPS) for the first half of the current 2017-18 financial year (FY18), reports BSS. “BB Governor Fazle Kabir will unveil the MPS at 11.30am at a press conference at the central bank headquarters in Motijheel,”…

AFP, MUMBAI: India's stock markets hit record highs yesterday with the National Stock Exchange's much-watched Nifty index breaking the psychological…

A Sydney lawyer announced yesterday a class action lawsuit against Toyota, Honda and Mazda seeking refunds for cars fitted with faulty air bags from Takata that have been linked to 18 deaths around the world, reports UNB. Lawyer Damian Scattini said the Federal Court action seeks refunds based on an…

AFP, TEHRAN: The names may be unfamiliar but the services are immediately recognisable: Snapp is Iran’s answer to Uber, Digikala is its Amazon,…

Stocks witnessed flat yesterday with slightly upward trend of major indices at Dhaka and Chittagong stock exchanges despite higher transactions, reports…

AFP, SAN FRANCISCO: Google parent Alphabet on Monday reported a quarterly profit of $3.5 billion, in a sharp decline from a year ago, with a massive fine…

AFP, LAGOS: Anglo-Dutch energy giant Shell said yesterday it has shut down a key crude supply pipeline in Nigeria's restive south because of a leak. Shell subsidiary the Shell Petroleum Development Corporation of Nigeria Ltd (SPDC) said the Trans Niger Pipeline (TNP) was shut on July 21 at B-Dere…

China’s leading bike-sharing company Mobike announced yesterday it had entered the Italian market after talks with local authorities, reports Xinhua. Italy is the fourth overseas market for Mobike, following Singapore, Britain and Japan. The company is scheduled to deploy hundreds of bikes to…

AFP, SAINT PETERSBURG: Global oil producers, meeting in Russia yesterday, called for stricter adherence to their agreement to cut output, with the inclusion of top African producer Nigeria. The Saudi-led OPEC global oil cartel, along with Russia and other large producers, met in the northwestern city…

AFP, FRANKFURT AM MAIN:  Confidence among German business leaders hit a “euphoric” all-time high in July, the Munich-based Ifo institute said, beating analysts’ expectations of a small decline. The survey-based index, closely watched by economic observers as an indicator of future…