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  • A file photo shows an employee works inside a cotton processing unit at Kadi town, about 56 km north of the western Indian city of Ahmedabad. Bangladesh Tariff Commission is preparing a draft of an agreement for signing with India seeking assurance of the neighbouring country for supplying minimum 15 lakh bales of cotton every year. — Reuters photo

  • A file photo shows a trader arranging vegetables at a roadside shop in Dhaka recently. Prices of different vegetables went up in the city markets in two days due to supply shortage as fewer trucks came to the wholesale kitchen markets in Dhaka from across the country. — New Age photo

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Tariff body drafting deal for cotton import from India

A file photo shows an employee works inside a cotton processing unit at Kadi town, about 56 km north of the western Indian city of Ahmedabad. Bangladesh Tariff Commission is preparing a draft of an agreement for signing with India seeking assurance of the neighbouring country for supplying minimum 15 lakh bales of cotton every year. — Reuters photo
Bangladesh Tariff Commission is preparing a draft of an agreement for signing with India seeking assurance of the neighbouring country for supplying minimum 15 lakh... Full story

Dhaka to press for solving non-tariff barriers

A National Board of Revenue delegation leaves for India today to attend a two-day meeting of joint group of customs officials beginning in New Delhi on April 25. Full story

Stocks gain on undisclosed money hope

Dhaka stocks returned to a positive zone on Monday amid increased turnover as the investors became optimistic following the hint that investment... Full story

Hartal pushes up prices of vegetables

A file photo shows a trader arranging vegetables at a roadside shop in Dhaka recently. Prices of different vegetables went up in the city markets in two days due to supply shortage as fewer trucks came to the wholesale kitchen markets in Dhaka from across the country. — New Age photo
Prices of different vegetables went up in the city markets by Tk 4 to Tk 10 per kilogram in two days due to supply shortage as fewer trucks came to the... Full story

Forex reserve crosses $10b again

The country’s foreign exchange reserve crossed the $ 10-billion mark again on Monday. The reserve came down to around $9.2 billion in March after a payment of... Full story

CEMS Meditex, pharma expos to be held in Dhaka May 3-5

CEMS-Global — USA and CEMS Bangladesh will organise the 4th Meditex Bangladesh 2012 International Expo, an exhibition on medical equipments, surgical... Full story

ADB urges Asia to tackle rising income gap

The Asian Development Bank Monday urged regional governments to tackle rising income inequality with more urgency, warning any delay could undermine... Full story

India PM calls farm export meeting for April 30

India prime minister Manmohan Singh has called a meeting of key ministers to discuss exports of farm commodities on April 30, farm minister... Full story

Eurozone slump deepens in April

The eurozone’s business slump deepened at a far faster pace than expected in April, suggesting the economy will stay in recession at least until the second half of the year. Full story

Nestle to buy Pfizer’s infant-nutrition business

Swiss food and drink giant Nestle SA announced a deal Monday to acquire Pfizer Inc’s infant-nutrition business for $11.85 billion in a bid to boost sales in emerging markets. Full story

Oil slips on China data

World oil prices were lower on Monday, in line with falling stock markets, as traders digested downbeat Chinese and eurozone economic data. Brent North Sea crude for June dropped 84 cents to... Full story

Euro eases after first round of French vote

The euro lost ground against the dollar and yen in Asia on Monday amid concern over the French Socialist challenger who beat Nicolas Sarkozy in the first round of the nation’s presidential election. Full story

Spain’s economy plunges into recession: central bank

Spain’s jobs-scarce economy plunged back into recession in the first quarter of 2012 as employment slumped even further, the Bank of Spain said Monday. Full story

Wen eyes German business at world’s top trade fair

Chinese prime minister Wen Jiabao on Monday visited the world’s biggest industrial fair, hosted by European powerhouse Germany where firms... Full story

Rupee posts biggest fall in nearly a month

The rupee posted its sharpest single session fall in nearly a month on Monday hit by deepening worries over capital inflows, and keeping traders on guard for possible... Full story

Brother accuses Samsung boss of being greedy

The elder brother of Samsung Electronics chairman Lee Kun-Hee said Monday he would not drop his lawsuit over a family inheritance and accused his sibling... Full story


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