Karisma Kapoor opens N’Queens Furniture

Bollywood actress Karisma Kapoor on Thursday inaugurated N'Queens Furniture at Baridhara in the capital. N'Queens proprietor Mir Nizamuddin Ahmed and Bollywood actor Chanki Pande, among others, were present on the occasion. Karisma Kapoor praised the designs of the furniture and said Bangladesh was very good at making world class furniture. Nizamuddin Ahmed expressed the hope that N'Queens Furniture would contribute substantially in establishing itself as a producer...

Gold price hits record high as global inflation spikes

The price of gold reached a record high close to $1,480 an ounce in trading on Friday with investors piling into the safe-haven precious metal amid spikes to global inflation and fresh eurozone debt worries. Gold struck an all-time peak of $1,479.35 an ounce in early Asian trade, beating the previous high reached Monday by just over a dollar. 'It seems investors are still more concerned about the threat of debt-default by peripheral EU nations and rising inflation...

Asia, Europe data point to mounting inflation risks

China and India reported higher-than-expected inflation readings on Friday, giving fresh ammunition to central bankers and investors alike who are worried about mounting price pressures in the global economy. Consumer prices in the euro zone also picked up more than expected, while figures due later in the day from the United States are expected to show a similar trend, with the inflation rate still moderate but steadily rising, not least because of higher food...

Good wheat yield fails to bring boons for farmers

Kazi Azizul Islam The country's wheat production has been good this year. Although farmers are happy with the increased yield yet wheat price continues to remain low as its global price has marked as a fall, market watchers said. Wheat harvest, which is set to complete soon,...

Supply shortage pushes egg price up

Hosain Ahmad The prices of sugar and loose flour have eased a little but rice prices have remained unchanged on the city market over the last week, while the price of egg has inched up because of a supply dearth. The supply of eggs has decreased as many poultry farms have been closed down due to bird flu attack, farmers and wholesalers said. Eggs were being sold for Tk 78 a dozen at Polashi and Karwan Bazar kitchen markets on Friday, rising by Tk 6 over the week....