Efforts in progress to stabilize market ahead of Ramadan: Commerce Adviser
Efforts in progress to stabilize market ahead of Ramadan: Commerce Adviser

Commerce Adviser Sheikh Bashiruddin has stated that the government is actively working to stabilize the prices of essential commodities, especially in anticipation of the upcoming Ramadan. He called on media professionals to support these efforts. Speaking at a scholarship cheque distribution...

Opportunities created to decrease fuel oil price further: BPC chairman
Opportunities created to decrease fuel oil price further: BPC chairman

Bangladesh Petrolium Corporation (BPC) chairman Md. Amin Ul Ahsan said theres an opportunity created to decrease price of fuel oil further that is scheduled to import in the period of January to June. The BPC Chairman said this at a seminar on Market-Based Fuel Pricing: Government-led...

Gold price hiked by Tk2,939 per bhori
Gold price hiked by Tk2,939 per bhori

Jewellers have inflated the price of gold by Tk2,939 to Tk1,37,449 per bhori (11.664 grams) due to a hike in the price of pure gold in the local market. The Standing Committee on Pricing and Price Monitoring of the Bangladesh Jewellers Association (BAJUS) made the decision at a meeting held on...

Top rice trader ‘Chaal Rashid’ arrested
Top rice trader ‘Chaal Rashid’ arrested

Police arrested Abdur Rashid, the owner of Rashid Agro Food Products Ltd, from Kushtia town on Saturday afternoon. He was apprehended in the Mojompur area around 5 pm in connection with a fraud case, confirmed Kushtia Model Police Station Officer-in-Charge (OC) Shihabur Rahman. The arrest...

Gold price drops for fourth time in a row
Gold price drops for fourth time in a row

Jewellers have further decreased the price of gold for the fourth time in a row due to a reduction in the price of pure gold on the local market. This time the price dropped by Tk1,680 to Tk1,34,509 per bhori (11.664 grams), according to the Bangladesh Jewellers Association (BAJUS). The...

Elon Musk issues urgent U.S. 'Bankruptcy' warning amid $3 trillion Bitcoin and Dogecoin price surge
Elon Musk issues urgent U.S. 'Bankruptcy' warning amid $3 trillion Bitcoin and Dogecoin price surge

Elon Musk, the Tesla billionaire who recently campaigned in support of U.S. president-elect Donald Trump, has been issuing warnings about a potential financial emergency on the horizon. Musks concerns about the U.S.s growing $35 trillion debt have intensified as the price of Bitcoin continues to...

Gold price inches down again
Gold price inches down again

Jewellers have lowered the price of gold by Tk2,519 to Tk1,36,189 per bhori (11.664 grams) in the local market amid a tariff drop on pure gold. The Standing Committee on Pricing and Price Monitoring of the Bangladesh Jewellers Association (BAJUS) made the decision at a meeting on Tuesday. The...

Sunscreen particles sprayed on rice boost growth during heatwaves
Sunscreen particles sprayed on rice boost growth during heatwaves

Zinc nanoparticles, found in sunscreen, may help protect rice from heat stress, which is becoming more common due to climate change. Zinc is essential for plant metabolism. While a salt form of this mineral is commonly added to soil or sprayed on leaves as fertilizer, its not very effective. A...

Global food prices reach 18-month high: FAO
Global food prices reach 18-month high: FAO

Global food prices rose in October to their highest level in 18 months, with a sharp increase in the cost of vegetable oil, according to the Food and Agriculture Organization. The FAO Food Price Index, which tracks monthly changes in international prices of a basket of food commodities, reached...

Fresh winter crops ease vegetable prices
Fresh winter crops ease vegetable prices

Prices of most of the vegetables have dropped after around two months in the capitals kitchen markets with the arrival of fresh crops ahead of the winter season. Amid a soaring trend of prices of all the essential commodities, prices of vegetables, farm eggs and chicken have declined over the...

Gold price drops to Tk1.38 lakh per bhori
Gold price drops to Tk1.38 lakh per bhori

Jewellers have lowered the price of gold by Tk3,453 to Tk1,38,708 per bhori (11.664 grams) amid a tariff drop on pure gold in the local market. Bangladesh Jewellers Association (BAJUS) made the decision at a meeting of the standing committee on pricing and price monitoring on Thursday. The...

Daraz 11.11: Gear up for the biggest sale of the year to buy all you need at lowest price
Daraz 11.11: Gear up for the biggest sale of the year to buy all you need at lowest price

Daraz, the countrys largest online marketplace, is back with a bang for the 7th consecutive season with the much-anticipated 11.11 Biggest Sale of the Year, lasting from the midnight of 11 November until 21 November 2024. The campaign is going to be more exciting and rewarding as Daraz is...

No change in LPG price for November
No change in LPG price for November

The price of liquefied petroleum gas (LPG) remains almost the same for November. According to the Bangladesh Energy Regulatory Commission (BERC), the price of per kg LPG has decreased by Tk 0.7 to Tk 121.25 per kg for November from the previous price of Tk 121.32. The new prices will be...

Gold price inches down
Gold price inches down

Jewellers have lowered the price of gold by Tk1,365 to Tk1,42,161 per bhori (11.664 grams) amid a tariff drop on pure gold. The Standing Committee on Pricing and Price Monitoring of the Bangladesh Jewellers Association (BAJUS) made the decision at a meeting on Monday. The price of 22-carat...

Onion, potato prices continue to soar
Onion, potato prices continue to soar

The prices of potatoes and onions continue to soar at kitchen markets countrywide amid a dwindling stock of the locally grown varieties of the two most essential items. However, the supply of winter vegetables is increasing with the arrival of early winter vegetables, bringing some relief to the...

NBR lifts duties on rice import
NBR lifts duties on rice import

The National Board of Revenue (NBR) has lifted all import and regulatory duties on rice to ensure food security and control prices for the common people, reports BSS. To this end, the revenue authority issued a Statutory Regulatory Order (SRO) on Thursday. Earlier, the Directorate of Food...

Diesel, kerosene prices fall
Diesel, kerosene prices fall

The government has reduced the prices of some petroleum products, aligning them with international prices. The new prices would be effective from 1 November. As per the updated price list, prices of diesel and kerosene have fallen by Tk0.5 to Tk105 per litre. The prices of octane and...

Gold Price Forecast: XAU/USD holds below $2,750, potential downside seems limited
Gold Price Forecast: XAU/USD holds below $2,750, potential downside seems limited

Gold price (XAU/USD) edges lower to near $2,735, snapping the two-day winning streak during the early Asian session on Monday. However, the downside of the precious metal might be limited amid the ongoing geopolitical tensions and uncertainties surrounding the US presidential election. Israeli...

Oil prices tumble after Israeli attacks spare Iran facilities
Oil prices tumble after Israeli attacks spare Iran facilities

Oil prices tumbled in early Asian trading on Monday with dealers relieved thatIsraeli strikes carried out on Saturday against military targets in Iran had spared the countrys oil installations, reports AFP. The price of North Sea Brent for delivery in December fell by 4.05 percent to $72.97,...

Onion prices rise by Tk10-12
Onion prices rise by Tk10-12

Onion prices have surged again despite normal imports from India at the Hili land port in Dinajpur, rising by Tk10-12 per kilogram in just three days, reports Dhaka Tribune. This increase is attributed to decreased local supply and heightened demand for imported onions. Wholesalers and...

Tensions circulate over gold firms amid mideast woes, election uncerainty
Tensions circulate over gold firms amid mideast woes, election uncerainty

Gold prices again edged up on Friday after recovering from a profit-taking bout as Middle East tensions escalate and U.S. election jitters supported prices, reports Reuters. Spot gold was up 0.2 percent at $2,741.50 per ounce by on Friday (Local time). Prices hit a record $2,758.37 on Wednesday...

Vegetable prices fall by Tk20 per kg
Vegetable prices fall by Tk20 per kg

The prices of vegetables have started falling in the Dhakas kitchen markets as supply has increased with early winter vegetables coming in as a blessing for consumers, reports The Business Standard. During visits to Karwan Bazar, Kallyanpur, and Hatirpool markets on Friday, it was seen that the...

Govt to import of another 4 crore eggs to stabilise market
Govt to import of another 4 crore eggs to stabilise market

The interim government has approved the import of 4 crore more eggs to increase supply and make the market stable, reports The Business Standard. A notification in this regard was issued by the Ministry of Commerces internal trade-1 wing on Wednesday. According to the notification, 12 traders...

TCB starts selling commodities thru truck sale from Thursday
TCB starts selling commodities thru truck sale from Thursday

The state-run Trading Corporation of Bangladesh (TCB) will start selling commodities including rice at subsidized rates through truck sale from Thursday among the common consumers in Dhaka and Chattogram, reports BSS. Under such an initiative, essential items like edible oil, lentil alongside...

Gold price continues to set new record
Gold price continues to set new record

Jewellers have raised the price of gold by Tk1,889 to Tk141,951 per bhori (11.664 grams) due to a hike in the price of pure gold in the international market. The Standing Committee on Pricing and Price Monitoring of the Bangladesh Jewellers Association (BAJUS) made the decision at a meeting held...

Gold price hits record high of Tk1.4 lakh per bhori
Gold price hits record high of Tk1.4 lakh per bhori

Jewellers have inflated the price of gold by Tk2,613 to Tk1,40,061 per bhori (11.664 grams) due to a hike in the price of pure gold in the local market. The Standing Committee on Pricing and Price Monitoring of the Bangladesh Jewellers Association (BAJUS) made the decision at a meeting held on...

Tarique seeks pragmatic steps from govt for market control
Tarique seeks pragmatic steps from govt for market control

BNP Acting Chairman Tarique Rahman on Friday urged the interim government to take pragmatic steps as a priority to control the rising prices of essential goods to ease the financial strain on the people, reports UNB. Addressing a discussion programme virtually, he also urged the government to...

Egg price drops by Tk 25-30 per dozen
Egg price drops by Tk 25-30 per dozen

Due to the steps taken by the government, the price of egg at the retail level dropped by Tk 25 to 30 per dozen at different markets in the capital, reports BSS. To make egg affordable to people, the government has permitted its import with a reduced import duty. The 25 percent import duty has...