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Business
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India launches VAT despite protests
India ushered in a new value-added tax (VAT) in 21 out of 29 states Friday, its most significant tax reform in years, ignoring protests from thousands of wholesale and retail traders against the levy.
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Rakub holds managers' conference
A daylong conference of managers of Rajshahi Krishi Unnayan Bank (Rakub) was held here on Wednesday aiming to give a thrust to national effort for alleviating poverty by lending to the poor to help them
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Oil buoyant amid talk of $100 crude
World oil prices rose strongly Friday in the wake of a banking study that forecast crude could eventually trade at more than 100 dollars per barrel, fuelled by robust world demand for energy.
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IBM to tie up with Indian institutes
IBM will collaborate with 300 institutes in India to train 75,000 students in IBM and open standards-based technologies by this year-end to meet the increasing demand for skilled IT professionals.
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EU, Canada to slap new duty on US exports
The European Union and Canada will slap an extra 15-percent duty on tens of millions of dollars worth of US exports in a dispute over payments to US companies that Washington says were hurt by dumping,
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WTO unable to inscribe generic drugs deal in stone
World Trade Organization members were unable to make permanent a 2003 agreement on access to generic drugs for poor countries, although it was still regarded as valid on a temporary basis, a WTO official
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Weekly Currency Roundup
Mar 27-Mar 31, 2005
Local FX Market
US dollar was mostly steady against Bangladeshi taka in the week.
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© thedailystar.net , 2005.
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