With its foreign exchange reserves hitting $608.99 billion as on June 25, India has emerged as the fifth largest foreign exchange reserve holder in the world after China, Japan, Switzerland and Russia, parliament was told yesterday.

Ford Motor said on Friday it was recalling about 775,000 Ford Explorer SUVs worldwide for a steering issue linked to reports of six injuries in North America. 

Asian shares slipped again on Monday while perceived safe haven assets, including the yen and gold, edged higher as investor risk appetite was soured by fears of rising inflation and a relentless surge in coronavirus cases.

Graced with rolling vineyards, bountiful big game, the iconic Table Mountain, endless sandy beaches and vast cultural riches, South Africa would have expected to cash in on a post-virus travel boom.

Suzuki Motor Corp will enter the electric vehicle (EV) market by 2025 starting in its stronghold market India, Nikkei reported on Monday.

The Indian rupee dropped to its lowest level in three months on Monday, in line with other Asian currencies, as the rapid spread of the Delta variant of coronavirus threatened to derail economic recovery. 

Johnson & Johnson is exploring a plan to offload liabilities from widespread Baby Powder litigation into a newly created business that would then seek bankruptcy protection, according to seven people familiar with the matter. 

Chattogram Custom House authority today seized 50 tonnes of fabrics worth Tk 20 crore reportedly imported forging fake seal and signature of Dhaka Customs Bond Commissionerate.

The International Chamber of Commerce (ICC) has welcomed announcements at the US Leaders’ Climate Summit and G7 meetings of increased pledges for climate change mitigation and finance.

The country's stock market index crossed all the previous records and hit 6,405.04 today just a day before the start of a five-day closure for Eid-ul-Azha from July 20.

Export import activities through Sonamasjid land port will remain closed for six days from today for Eid-ul-Adha.

Spain will pay workers to postpone retirement as part of a pensions reform strategy that analysts warn does not go far enough to cut a huge deficit in the system.

Farmers cultivated Aus paddy on a reduced area in Bangladesh this year because of dry weather during the main transplantation season, said farmers and officials.

Tesla has launched an option for select customers to subscribe to its advanced driver assistance software, that is dubbed as “Full Self-Driving (FSD) capability”, for $199 (approx £14,847) per month as an alternative of paying $10,000 (approx £7.5 lakh) upfront. 

The benchmark index of Dhaka Stock Exchange (DSE) rose to its record high yesterday despite technical glitches halting trade at the premier bourse for around one and a half hours.

Sewtech Fashion of India yesterday signed an agreement with Bangladesh Export Processing Zones Authority (Bepza) to invest $9.26 million in establishing a readymade garments manufacturing factory in Chattogram Export Processing Zone. 

Inflation spurted to 5.64 per cent in June, the highest in eight months, reflecting the disruptions faced by the supply chain and the rise in the cost of living, official figures showed yesterday.

E-commerce platform Alesha Mart yesterday said it still did not know what the complaints were against it.

Malls and markets have been registering large gatherings of Eid shoppers since reopening on July 15, providing a much-needed respite to stores to make some sales in a season marked by a depressed business.

After years of waiting, Richard Branson’s journey to space this month on a Virgin Galactic vessel was supposed to be a triumphant homecoming. Instead, the jaunt attracted significant criticism -- about its carbon footprint.