US Treasury Secretary Janet Yellen urged lawmakers on Friday to increase or suspend the nation’s debt limit as soon as possible and warned that if Congress does not act by August 2 the Treasury Department would need to take “extraordinary measures” to prevent a US default. 

Brac Bank has recently witnessed the appointment of a new deputy managing director. 

Profits at Indian conglomerate Reliance Industries dropped sharply between April and June this year, the company said Friday, as Asia’s third-largest economy battled a vicious second wave of Covid-19.

Open market sales of soybean oil, lentil and sugar will begin from tomorrow and it will continue until August 26.

The stock market continued to rise for the last six consecutive trading days thanks to the increased participation of investors.

People will be able to do banking activities from 10am to 1:30pm from tomorrow after a five-day shutdown.

Trading at the stock exchanges will resume tomorrow amid the ongoing 14-day countrywide lockdown that began on July 23.

Out of 1.19 crore animals prepared for the Eid-ul-Azha, 90,93,242 cattle were sacrificed across the country this year, according to the Ministry of Fisheries and Livestock.

After a four-day break on account of the holy Eid-ul-Azha festival and weekly holidays, banks and financial institutions in Bangladesh will open tomorrow.

The International Monetary Fund's No. 2 official called on countries to pivot from saving their economies from collapse to reviving growth-oriented policy reforms to boost their recovery prospects and make them more sustainable.

Dhaka stocks rose for a fourth consecutive day yesterday with the benchmark DSEX crossing the 6,400-point mark for the first time, bringing cheer to investors just before a five-day Eid holiday beginning today.

For decades, traditional haats had been the main place for Bangladesh’s farmers and traders for selling bulls ahead of Eid-ul-Ahza, one of the biggest festivals for Muslims when demand for sacrificial animals surges.

After failing to get a desired government job, Jakaria Lenin, an English literature graduate in Tangail, set up a cattle farm about 11 months ago.

As much as $844 million is owed in wages and severance pay to garment workers in Bangladesh since the beginning of the pandemic, a new report of the Clean Clothes Campaign (CCC) said.

The proportion of women on the board at 200 of Britain’s top financial firms has risen to nearly a third in the five years since the government launched an initiative to improve gender balance in the sector, a report on Monday said. 

Wage labourers in Bangladesh passed a gruelling year as their income growth dropped to a six-year low in the last fiscal year, whereas living expenses went up amid rising inflation, official figures showed.

With its foreign exchange reserves hitting $608.99 billion as on June 25, India has emerged as the fifth largest foreign exchange reserve holder in the world after China, Japan, Switzerland and Russia, parliament was told yesterday.

Ford Motor said on Friday it was recalling about 775,000 Ford Explorer SUVs worldwide for a steering issue linked to reports of six injuries in North America. 

Asian shares slipped again on Monday while perceived safe haven assets, including the yen and gold, edged higher as investor risk appetite was soured by fears of rising inflation and a relentless surge in coronavirus cases.

Graced with rolling vineyards, bountiful big game, the iconic Table Mountain, endless sandy beaches and vast cultural riches, South Africa would have expected to cash in on a post-virus travel boom.