Two digital banks given go-ahead

The two are: Nagad Digital Bank Plc, Kori Digital Bank Plc
22 October 2023, 13:33 PM

Russia makes up 40 percent of Indian oil imports, dents OPEC's share

The share of Russian oil in India's overall imports rose to about two-fifths in the first half of fiscal 2023/24, consolidating Moscow's position as the top supplier as refiners curbed purchase from the Middle East, industry data showed. India, the world's third largest oil importer and consumer, has emerged as the top buyer of the discounted Russian seaborne oil after Western nations stopped buying from Moscow following its invasion of Ukraine.
21 October 2023, 15:55 PM

Geopolitical tensions could hit global economy: Fed

The US Federal Reserve warned Friday that the recent attack on Israel and the ongoing Ukraine conflict could cause harm to the world economy and boost global inflation. Israel has been conducting extensive air strikes on the Gaza Strip since October 7, when more than 1,400 people, mostly civilians, were killed by Hamas militants during an armed attack on the south of the country.
21 October 2023, 15:33 PM

Forex reserve slips below $21 billion 

The reserves stood at $20.96 billion on October 18
19 October 2023, 11:24 AM

High inflation to persist in Bangladesh: World Bank

WB Country Director Abdoulaye Seck says at AmCham meeting
19 October 2023, 11:06 AM

Oil falls as Israel embargo concerns fade, Venezuela sanctions to ease

Oil prices fell on Thursday, reversing gains in the previous session, after OPEC showed no signs of supporting Iran's call for an oil embargo on Israel and as the United States plans to ease Venezuela sanctions to allow more oil to flow globally.
19 October 2023, 07:23 AM

Concerns rise as India extends ban on sugar export

The ban has been extended until October 31 this year
18 October 2023, 15:57 PM

ICC to train FBCCI on dispute resolution

The FBCCI seeks ICC's assistance on arbitration
18 October 2023, 13:08 PM

India extends sugar export ban

India today extended the restrictions on sugar export for an independent period in a move aimed at increasing the availability of the commodity in the domestic market during the festive season.
18 October 2023, 11:59 AM

Indian wheat prices at 8-month high on festival demand, tight supply

Indian wheat prices surged to an eight-month high on Tuesday, propelled by strong demand for big festivals, limited supplies and as import duty makes overseas buying unfeasible for domestic flour mills.
18 October 2023, 10:15 AM

Oil jumps 2% as hospital blast increases Middle East tensions

Oil prices surged on Wednesday as tension escalated in the Middle East after hundreds were killed in a blast at a Gaza hospital, sparking concerns about potential oil supply disruptions from the region.
18 October 2023, 06:58 AM

IMF wants to know why stock turnover fell

An IMF team meets BSEC officials today
16 October 2023, 14:20 PM

As global debt worries mount, is another crisis brewing?

Record debts, high interest rates, the costs of climate change, health and pension spending as populations age and fractious politics are stoking fears of a financial market crisis in big developed economies.
16 October 2023, 10:12 AM

Oil prices steady above $90 as investors assess Israel-Hamas war

Brent oil futures steadied above $90 a barrel on Monday after passing the threshold on Friday, as investors waited to see if the Israel-Hamas conflict draws in other countries.
16 October 2023, 10:04 AM

What impact can the Israel/Hamas war have on oil?

A war between Islamist group Hamas and Israel poses one of the most significant geopolitical risks to oil markets since Russia's invasion of Ukraine last year.
15 October 2023, 11:23 AM

Dollar up after inflation data boost

The US dollar touched a one-week high against a basket of currencies on Friday, extending its gains from the previous session when hot US consumer prices data reinforced expectations that the Federal Reserve may have to keep interest rates higher for longer
14 October 2023, 18:08 PM

Five firms, one individual honoured at Brac Bank-The Daily Star ICT Awards

The ICT trailblazers of Bangladesh were recognised for their contribution in the sector
13 October 2023, 14:39 PM

Brac Bank-The Daily Star ICT Awards begins

ICT trailblazers to be honoured
13 October 2023, 12:29 PM

Treasury heads of 10 banks seek penalty waiver

They sent separate letters to the central bank
12 October 2023, 05:46 AM

Gold price hiked to nearly Tk 1 lakh a bhori

A bhori of 22-carat gold will cost Tk 99,377 from October 12
11 October 2023, 14:25 PM