Economy

Gold price hits new record above $2,300

Shawdesh Desk: Gold broke above $2,300 for the first time Thursday as it continued to surge on the back of expectations that United States interest rates will come down this

Sikder Group issues statement responding to corruption allegations against directors

Shawdesh Desk: Sikder Group, a prominent business conglomerate in Bangladesh, has issued a statement in response to various media reports regarding a case filed by the Anti-Corruption Commission against its

Bus fare likely to reduce by 3 paisa per km

Shawdesh Desk: The Bangladesh Road Transport Authority (BRTA) has recommended cutting down bus fares by 3 paisa per kilometre following the recent reduction in diesel prices. The committee responsible for

Indian onions set to reach country tonight

Shawdesh Desk: The first consignment of 1.65 thousand tonnes of onions imported from India would reach the country tonight via rail routes. State minister for commerce Ahsanul Islam Titu made

China reaffirms financial support for crisis-hit Sri Lanka

Shawdesh Desk: China has said that it would continue to support Sri Lanka, as the crisis-hit island nation’s prime minister on Saturday wrapped up a visit to Beijing to try to

Banks’ CSR spending drops 38% in Jul-Dec 2023

Shawdesh Desk: The country’s banking sector spent 38.28% less for their corporate social responsibilities (CSR) during the second half of 2023, compared to the first half of that year. According

India replaces Germany as Russia’s top medicine supplier

Shawdesh Desk: India emerged as Russia’s largest supplier of pharmaceuticals last year, filling the recent void left by previously dominant Western firms, RBK reported on Monday, citing data compiled by

Commodity prices go up due to making extra profit than extortion: Minister

Shawdesh Desk: Home Minister Asaduzzaman Khan on Saturday attributed the price hike of essentials in Dhaka to the traders’ tendency to make extra profit than extortion. Despite this fact, he