Monday, 05 Jun, 2023


Hallmark mandatory for selling gold in India

Indian government mandates HUID-based hallmarking for gold jewellery and artefacts to protect consumers from fraud and ensure uniform standards of gold quality across the country. The Bureau of India Standards (BIS) has prohibited the sale of hallmarked gold jewelry or gold artefacts

Tokyo shares turn firmer in early trade

Tokyo shares turned firmer in early trade Tuesday after US shares ended mixed overnight, as investors searched for fresh clues following recent gains. The benchmark Nikkei 225 index hovered around the previous day's close in early trade before advancing, ticking up 0.34 percent, or

US wants hike in global crude output, including from Opec

United States wants to see a hike in oil production, including from Opec countries, said a senior State Department official on Monday. “As world economies recover, we’ll see more consumption. And therefore we’d like to see supply meet demand,” said Jose

Bay Developments Ltd CEO, First VP meet Bashundhara Group Chairman

Bay Developments Limited Chief Executive Officer (CEO) Iftekhar Ahmed Khan, and First Vice President (VP) Shafkat Mustafa paid a courtesy call on Bashundhara Group Chairman Ahmed Akbar Sobhan on Sunday (March 5). They met at Bashundhara Group Chairman's residence in the capital

BAJUS introduces media award for jewellery reporting

Bangladesh Jeweller’s Association (BAJUS) has introduced a media award to encourage journalists to write informative, investigative and research-based reports on the country’s jewellery industry. The trade body will recognise a total of 12 reports in four categories --

EU to start charging for entry from next year

The bloc's ETIAS visa waiver scheme was set to be introduced in November this year. However, the launch has now been pushed back to 2024. Under the scheme, all non-EU passport holders will have to apply for permission to enter Europe prior to travelling. They will be charged

Prices of broiler chicken, onion rise further

The prices of broiler chicken and onions have witnessed further hikes in the capital’s kitchen markets in just a week, creating pressure on the middle- and low-income consumers. Visiting several kitchen markets in the capital on Friday (March 3), it was found that broiler chicken

Chanchal Chowdhury becomes brand ambassador of Bashundhara Tissue

Renowned actor Chanchal Chowdhury has become the brand ambassador of Bashundhara Tissue. An agreement was signed on the 2nd of March 2023 at the Sunflower Restaurant in Bashundhara Residential Area, Dhaka. Mustafizur Rahman, Deputy Managing Director of Bashundhara Group signed the

India Supreme Court sets up panel to probe Adani fraud allegations

India's Supreme Court has set up an independent panel to investigate a US research firm's allegations of fraud against billionaire Gautam Adani's business empire. Hindenburg Research had accused Adani Group firms of stock manipulation and financial fraud in a report in

World bank estimates Turkey quake damage at $34 bln

The devastating February 6 earthquake and aftershocks that hit southern Turkey have caused damage worth more than $34 billion in the country, the World Bank said on Monday. The amount is equivalent to four percent of Turkey's GDP in 2021, the Washington-based institution said,

Gold price drops in domestic market by Tk 1,166 a bhori

Bangladesh Jeweller’s Association (BAJUS) has lowered the price of gold by Tk 1,166 to Tk 91,096 per bhori (11.664 gram). The prices of the precious item have reduced in the domestic market in line with the global market, said a press release of BAJUS on Sunday (Feb 26). The

Muslims across Europe urged to boycott Israeli dates this Ramadan

Muslims across Europe are being encouraged to check fruit labels and avoid buying Israeli dates this Ramadan to make sure they are not breaking their fasts with the “taste of apartheid,” organizers of a new boycott said on Saturday. “By choosing not to buy Israeli

Germany's Scholz in India to press on EU trade deal

German Chancellor Olaf Scholz arrived in India on Saturday seeking to deepen business ties between the world's number four and five economies and push for progress on an EU trade deal despite differences over Ukraine. "We want to further strengthen our bilateral relationship

Afghanistan reopens key Pakistan trade route, Islamabad to follow

The Taliban government in Afghanistan has reopened a key border crossing with Pakistan after four days of closure that saw thousands of trucks carrying food and other items stranded at the frontier. Pakistani authorities on Thursday said they will also open their side of the Torkham

Gold’s Contribution to Society

The WGC has long believed that responsible gold mining supports sustained socio-economic development in countries and communities that host gold mining operations, through its contribution to jobs, tax revenue and investment in local communities.  The gold industry makes a

Bashundhara Paper gets ‘good exposure’ in UAE exhibition

Bashundhara Paper Mills Limited (BPML) has got ‘good exposure’ at the international exhibition of paper industry in United Arab Emirates (UAE) as global participants have showed interest on the quality of the product. According to a press release, over 160 paper businesses

Govt to procure 1.60cr litres soybean oil

The government today (Feb 22) approved separate proposals for procuring some 1.60 crore litres of soybean oil and 60,000 metric tons of fertilizer to meet the growing demand in the country. The approval came from the 7th meeting of the Cabinet Committee on Government Purchase (CCGP) in

Adani group market value drops below $100 billion

The combined market value of Adani group’s shares fell below $100 billion on Tuesday, a reflection that attempts to reassure investors following a scathing report by a US short seller are falling short. The ports-to-power conglomerate has lost more than $135 billion in market

CCMS platform launched to check e-commerce fraud

The government today (Feb 19) inaugurated the Central Complain Management System (CCMS) platform to prevent e-commerce fraud. Commerce Minister Tipu Munshi formally inaugurated the CCMS platform as the chief guest at a function held at the Ministry of Commerce conference room at

Sujan made USBCCI Bangladesh part coordinator 

Enamul Kabir Sujan has been appointed as the coordinator of U.S. Bangladesh Chamber of Commerce and Industry (USBCCI) Bangladesh part. A bilateral agreement was signed at USBCCI's office in New York, USA in this regard. USBCCI President Md. Liton Ahmed, Director Sheik Farhad,