Economy

Forex reserves hit $35 billion mark for the first time

Shawdesh desk: 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

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

Shawdesh Desk: 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

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

Fuel prices continue to rise in India’s Delhi

Shawdesh Desk: 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

Madrid announces 3.75 billion euro injection for car industry

Shawdesh Desk: 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.

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

Shawdesh Desk: 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

OPEC, allies agree to extend deep output cuts through July

Shawdesh Desk: 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

Rubana Huq urged to withdraw ‘anti-worker’ statement

Shawdesh Desk: 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