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Business
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BB warns against illegal deposit collection
As a section of people and groups are engaged in collecting deposits from the public without authority, Bangladesh Bank (BB) yesterday warned them against this in violation of the existing laws related
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Why are oil prices so high?
Crude oil prices have risen by about 30% this year to levels not seen since the early 1980s. The latest rises are causing worries in importing countries about the economic cost of higher energy prices.
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IMF barely trims '04 forecast for US
The IMF on Friday barely shaved its outlook for solid US economic growth in 2004 but called for "decisive action" to cut a record budget deficit.
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US budget deficit to rise to $445b this fiscal
The White House said Friday the federal budget deficit will grow to $445 billion this fiscal year, a new record likely to fuel election-year wrangles about President George W Bush's economic policies.
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Air India to take 20 planes on lease
India’s flagship international carrier, state-run Air India, will take 20 planes on lease to add to its fleet of 30 aircraft, an airline spokesman said Saturday. "We are leasing 20 aircraft.
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