Thu, 21 Nov 2024, 05:13 pm
Economy

Businesses seek reduced tax burden in FY 21 budget

Terming the FY 21 budget as a people-friendly one, business leaders said the budget should put more focus to promote trade and business which have been hit hard by the

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Kweichow Moutai: ‘Elite’ alcohol brand is China’s most valuable firm

A drinks maker has become China’s most valuable publicly-listed company, overtaking the country’s biggest bank. Kweichow Moutai is a luxury spirit favoured by Chinese politicians and businesspeople looking to impress.

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Forex reserves hit $35 billion mark for the first time

Bangladesh Bank’s foreign currency reserves hit $35 billion mark for the first time in history thanks to surging remittance despite the coronavirus pandemic. Satisfactory remittance inflow and disbursement of aid

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Johnson & Johnson told to pay $2.1 billion over cancer-causing talc powder

A US court has upheld a verdict that talcum powder sold by Johnson & Johnson caused ovarian cancer and ordered the pharmaceutical giant to pay $2.1 billion in damages. The

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Diesel price hits record high as fuel rates raised for 15 days in India

Petrol and diesel prices were increased on Sunday, the fifteenth straight hike since state-owned oil companies returned to the normal practice of daily reviews following a 12-week pause. The rate

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Fuel prices continue to rise in India’s Delhi

The rates of fuel have been increased again in the national capital New Delhi of India on Wednesday causing more troubles for the commuters. With the hike in fuel prices,

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Madrid announces 3.75 billion euro injection for car industry

Spanish Prime Minister Pedro Sanchez announced a 3.75-billion-euro aid plan for the car industry, a pillar of its economy that has been badly hit by the coronavirus pandemic. “The government

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Don’t retrench workers in crisis time, Quader urges factory owners

Road Transport and Bridges minister Obaidul Quader on Monday called upon the factory owners not to retrench workers during the global coronavirus pandemic. “The workers brought profits to you in

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OPEC, allies agree to extend deep output cuts through July

OPEC members, led by Saudi Arabia, and other key oil producers agreed Saturday to extend historic output cuts through July, as oil prices tentatively recover and coronavirus lockdowns ease.  

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Rubana Huq urged to withdraw ‘anti-worker’ statement

Leaders of Bangladesh Confederation of Labour (BCL) on Friday said the national disaster caused by the coronavirus pandemic will be intensified if owners start laying off RMG workers They stated

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