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India hikes govt employee inflation-adjusted allowance by 4%

The Indian government on Wednesday hiked the inflation-adjusted allowance for its 11.7 million employees and pensioners by 4% ahead of the festival season, a minister said, a move that would cost the exchequer 128.57 billion rupees ($1.54 billion) annually. The wage increase, or dearness allowance — a part of monthly wages and pensions provided to cushion against rises in the ...

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LankaBangla Credit Cardholders to get 10% discount on ticket fares from Air Astra

Khurshed Alam, Head of Retail Business of LankaBangla Finance PLC., and Mozammel Haque Bhuiya, Head of Marketing and Sales of Astra Airways Ltd., signed the MOU for their respective organizations. Md Toufiquer Rahman, Head of Cards (acting); Mohammad Abdul Jalil Khan, Senior Manager Card Business of LankaBangla Finance PLC.; A F M Rubayat-Ul Jannat and Md. Masudur Rahman of Astra ...

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Winners of Black British Business Awards 2023 announced

Winners of the annual Black British Business Awards (BBBA) were announced at a glitzy central London ceremony. The awards, held at the InterContinental London Park Lane, saw winners including a Netflix marketing executive, an Extreme E-racing engineer and a leading fashion creative for ASOS. The BBBA’s celebrate black excellence in expansive industries including business, arts, media, STEM and finance, with ...

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All-new Hyundai TUCSON priced at Tk53.5 lakh

Fair Technology, the authorised manufacturer and distributor of Hyundai is now ready to offer the all-new Hyundai’s TUCSON – Made in Bangladesh. Director and CEO of Fair Technology Mutassim Daiaan, in a press conference on Monday, announced that the price of the new Tucson would be Taka 53.5 lakh, said a press release. Mutassim Daiaan said that they are reducing ...

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BPA starts selling eggs at Tk 12 per piece in capital

Bangladesh Poultry Association (BPA), an organisation of marginal farmers, on Monday started selling eggs at Tk 12 per piece in the capital. Director General of the National Consumer Rights Protection Directorate (DNCRP) AHM Shafiquzzaman inaugurated the truck sale program at the government-fixed price of Tk 12 per piece at the TCB building at Karwanbazar in the capital. BPA introduced the ...

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Tilda announces their limited-edition collaboration with Natasha Kumar for over 50 years.

  A fusion of flavour, artistry, and heritage, Tilda announces their limited-edition collaboration with Natasha Kumar for over 50 years, Tilda has been a renowned brand synonymous with superior quality and long-standing heritage. Tilda has mastered the delicate art of perfecting rice elevating every dining moment into a cherished memory. It is driven by a profound passion for cultural exploration, ...

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RMG workers want PM’s intervention to fix Tk 23,000 minimum wage

The leaders of National Garment Workers Federation (NGWF) have sought Prime Minister Sheikh Hasina’s intervention to fix Tk 23,000 minimum wage for RMG workers considering high inflation in the country. They also marched towards the PM office from Shahbagh and submitted a Memorandum at PMO in this regard on Sunday, according to a press release. The current minimum wage is ...

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Brexit: ‘Call us’ on trade, says German finance minister Christian Lindner

The German finance minister has extended a surprise invite to the UK to take “new steps” on post-Brexit trade relations with the European Union (EU). In a BBC interview, Christian Lindner said: “If you want to intensify your trade relationship with the EU – call us!” A government spokesperson said the UK was open to “new opportunities” across the globe. ...

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Jewellery shops to remain close on October 22

All jewellery shops will remain closed on October 22 marking the Sharadiya Durga Puja, the biggest religious festival of the Bengali Hindu community. Bangladesh Jeweller’s Association (BAJUS) made the announcement at a press release on Saturday. October 22 marks Maha Ashtami is the eighth day of the Navratri festival celebrated by Hindus for worshipping Goddess Durga.

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Bangladesh economy is on right track: IMF

Mentioning various measures of the government to address macroeconomic challenges, the International Monetary Fund (IMF) has observed that Bangladesh economy is on the right track. “I think, the economy is on right track in terms of meeting the objective of programme, getting inflation under control and addressing macroeconomic challenges given in difficult global environment,” IMF director for the Asia and ...

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