Business

India’s Adani group firms shed $12.5 billion in market cap on Friday, after a US markets regulator asked a court for help in serving summonses upon founder Gautam Adani and group executive Sagar Adani over alleged fraud and a $265 million bribery scheme. Reuters reported the procedural request from the US Securities and Exchange Commission, in the regulator’s civil case ...

The Bank of England may not be able to lower interest rates as much as expected this year, due to strong UK pay growth and expected rate cuts in the US, one of its top policymakers has said. Megan Greene, a member of the Bank’s monetary policy committee (MPC), which sets interest rates in the UK, said she was concerned ...

Import activity in Bangladesh showed signs of a modest recovery in the first five months of the current fiscal year (FY26), supported by a stable dollar market and preparations for Ramadan. However, the recovery remains fragile as businesses adopt a cautious ‘wait-and-see’ approach ahead of the national election. According to Bangladesh Bank data, Letters of Credit (LC) openings increased by ...

Bangladesh Jewellers Association (BAJUS) hiked the rate of gold to a historic high of Tk255,616 per bhori, effective from Friday in less than 24 hours after it announced price cuts. The association last night announced that prices of 22-carat gold will be Tk249,000 per bhori today, down from the previous record of Tk252,000 per bhori, reflecting high volatility. The announcement ...

The government on Thursday started selling rice at subsidised prices under an additional Open Market Sale (OMS) programme in 419 upazilas across the country to help stabilise the rice market and provide price support to local people. Under the programme, one metric tonne of rice per upazila is being sold daily at Tk 30 per kilogram from today, said a ...

Bangladesh Bank Governor Dr Ahsan H Mansur has warned that political interference may return to the banking sector in the future if the Bangladesh Bank (Amendment) Ordinance is not issued. He said caution must be exercised to ensure that personal or individual-centric decisions do not influence the banking sector. Due to the lack of proper governance, the sector has been ...

The European parliament has formally suspended the ratification process on its US trade deal, in protest against Donald Trump’s threat to impose 10% tariffs on EU exports unless the bloc agrees he can take over Greenland. The pause is the strongest material response the EU has shown so far to what several leaders last week called blackmail. Bernd Lange, head ...

The European Parliament is planning to suspend approval of the US tariffs deal agreed in July, according to sources close to its international trade committee. The suspension is set to be announced in Strasbourg, France on Wednesday. The move would mark another escalation in tensions between the US and Europe, as Donald Trump ratchets up his efforts to acquire Greenland, ...

Bangladesh Krishi Bank achieved a remarkable success in foreign remittance collection in 2025. By collecting USD 3.13 billion, the Bank secured the second highest position among all banks in the country that marked a glorious milestone in its history. To celebrate this historic achievement, Bangladesh Krishi Bank organized a Glorious Milestone Celebration Program on 19 January 2026 at the Auditorium ...

Gold and silver hit record highs Monday while most equity markets fell after Donald Trump revived trade war fears by threatening several European nations with tariffs over their opposition to the United States buying Greenland. The US president has fanned already-rising geopolitical tensions this month by insisting that Washington would take control of the North Atlantic island, citing national security ...