US President Joe Biden is expected to announce a ban on US imports of Russian oil and gas Tuesday, in a further tightening of unprecedented economic sanctions punishing Moscow over its invasion of Ukraine.

Stocks in Bangladesh returned to the positive territory today after experiencing a consecutive fall of four days amid the fear of gloomy world economic condition.

Bangladesh Securities and Exchange Commission (BSEC) has lowered the circuit breaker limit to 2 per cent from the existing 10 per cent with effect from tomorrow in order to curb the free fall of the stocks amid the war between Russia and Ukraine.

The fourth edition of the Bangladesh Innovation Award 2022 has honoured Prime Minister’s ICT Affairs Adviser Sajeeb Wazed Joy with the Nation Brand Award for his outstanding contribution in building and turning digital Bangladesh into a reality.

Persistent and significant gaps in care services and policies have left hundreds of millions of workers with family responsibilities without adequate protection and support, yet meeting these needs could create almost 300 million jobs by 2035.

Western allies’ sanctions against Russia have started to blow back in the form of large potential losses for their own banks, companies and investors, often in unexpected ways. In the past, such fires have been precursors to financial crises.

Oil prices soared and shares sank in frantic trading on Monday as the risk of a US and European ban on imports from Russia and delays in Iran's renewed nuclear talks boosted commodities and threatened a stagflationary shock for world markets.

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) today urged the government to withdraw the VAT on import of edible oil to bring back normalcy in the skyrocketing prices of the cooking oil in the country.

Trade through Benapole port has remained suspended since Sunday morning, as five organisations of the port users have went for an indefinite strike demanding withdrawal of cases filed by the customs authority and resumption of the licences of the clearing and forwarding (C&F) agents.

Oil prices are set to surge further this week due to delays to the conclusion of Iranian nuclear talks and the potential return of Iranian crude to global markets, which are already suffering from Russian supply disruptions, analysts said.

The money loan court in Chattogram today slapped five owners of Messers Elias Brothers (MEB) with five months of jail sentence for defaulting a loan of Tk 185 crore.

The National Board of Revenue (NBR) has extended reduced tariff benefit for importing raw sugar until May 15 to enable consumers to buy the sweetening agent during the coming Ramadan month and Eid- ul-Fitr festival.

The Bangladesh Telecommunication Regulatory Commission (BTRC) will hold the spectrum auction for fifth-generation (5G) mobile and internet connectivity on March 31 and give the telecom operators 6 months to roll out the service from the day of the auction.

Bangladesh and India have decided to finalise at the earliest the joint study on India-Bangladesh Comprehensive Economic Partnership Agreement (CEPA), reopen border haats closed due to Covid-19 pandemic and reached a consensus over the use of returning empty railway wagons and containers by Bangladesh for exports to its western neighbour.

More than 100 women have joined hands to create awareness on plastic cleanup at Narayanganj City Corporation (NCC) as a part of the International Women’s Day (IWD) 2022 campaign titled ‘Diversity for Sustainability’.

Economics should be people-centric in order to support the marginalised sections of the society, said economists today.

The jute and textile ministry plans to honour 11 individuals and organisations for their contribution in increasing production and export of jute and jute products.

Bangladesh Economic Zones Authority (BEZA) is planning to introduce business continuity plan (BCP) in economic zones to protect investment from disaster related loses and develop institutional mechanism for promoting resilience in business.

Investors from anywhere in the world can now to open an account at any branch of Sonali Bank through the one stop service portal of Bangladesh Investment Development Authority (Bida).

Turnover at the Dhaka Stock Exchange (DSE) hit one-year low today while the index remained flat.