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India shares at record high on exit polls  

Indian stock markets have risen to a record high after exit polls suggested the Narendra Modi-led Bharatiya Janata Party (BJP) and its allies are on course to win the general election. India’s main stock index, the Sensex, rose 1.7% to 23,941.32 points in early trade on Tuesday. This follows a 2.4% gain on Monday ahead of the exit poll results, reports BBC online. Analysts said investors were hopeful that a BJP win could help reverse the slowdown in India’s economy. Indian shareExit polls released by Indian media organisations...

25 missions abroad fail to achieve export targets    

Twenty-five of the 51 Bangladesh missions abroad have failed to achieve respective export targets for the first 10 months (July-April) of the current fiscal (2013-14). The key Bangladesh missions like the ones in Washington, London, Paris, Ottawa, Tokyo and Canberra which failed to achieve their July-April export targets while some other important missions –- Berlin, Madrid, Rome, The Hague and Stockholm — have been able to reach their targets for the 10-month period. The overall export earnings for the July-April period of the current fiscal amounted to US$ 24,654.39 million against the strategic target of $ 24,555.55 million, having a growth of 0.40 percent over the strategic target.

2nd marine trade show in Ctg from June 25    

LIMRA Trade Fairs & Exhibitions Pvt. Ltd, a leading exhibition organizer in maritime industry and Bangladesh Shipping Corporation (BSC) are going to organize the second edition of the three-day long international exhibition on Maritime event to be held from 25th to 27th June 2014 in Chittagong Boat Club, Ghat No-11,East Patenga, Chittagong, Bangladesh. maritime trade showThe forthcoming Bangladesh's 2nd International exhibition on MPS Expo 2014 (Maritime, Port, Shipping) is the largest commercial marine trade show on ...

Solar in a big way: Green jobs booming

Bangladesh is known for its apparel manufacturing industry—and for the conditions faced by garment workers toiling in Dickensian factories for a dollar a day. But according to a report released Sunday, the South Asian nation has become a top hot spot for renewable energy jobs, creating a green workforce as large as Spain’s in 2013. How? Solar energy. Bangladeshi’s are installing small photovoltaic systems at a rate of 80,000 a month, says the report from the International Renewable Energy Agency (IRENA). In a country where only 47 percent of the population had access to electricity in 2009, according to the Asian Development Bank, solar is increasingly becoming a way to leapfrog the need to build a bigger power grid.

Buddha Purnima today    

Buddha Purnima, the biggest religious festival of the Buddhist community, is being observed today across the country with due respect, religious fervour and enthusiasm. Members of the community are celebrating the festival marking the three most important events in the life of Lord Buddha - his advent, enlightenment and ‘nirvana’ (passing away) 2,558 years back. On this holy day, Buddha was born as Siddartha Gautam in Kopilabostu of Indian state of Bihar in around 563 B.C., got supreme enlightenment at the age of 35 (528 B.C.) and finally embraced ‘nirvana” at the age of 80 (483 B.C.). The Purnima will be observed in all monasteries and offices of the Buddhist religious organisations through daylong programmes, reports BSS.

Economic growth would slow to 5.6pc this fiscal: ADB

The Asian Development Bank (ADB) forecast 6.2 percent growth for Bangladesh economy for the coming 2014-15 financial year (FY145), though the economic growth would slow to 5.6 percent in the end of the current 2013-14 financial year (FY14) because of decline in remittances and export growth. The ADB made the prediction in its quarterly economic update for March, 2014, released yesterday, as Finance Minister AMA Muhith is preparing to announce the national budget for the coming fiscal year in less than a month’s time. adb1The forecast, however, was l...
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