Banking

Lloyds Bank payment protection claims bill tops £13bn

Lloyds Banking Group set aside a further £1.4bn to compensate customers who were mis-sold payment protection insurance (PPI) as it reported a 38 per cent rise in half year pre-tax profits

Stocks

Indian banking sector boosts markets, Sensex closes 409 points up

Capital infusion in Indian banks, clarity on retrospective tax on capital gains and expectations of a rate cut by the RBI cheered investor sentiments and boosted the Indian equity markets on Friday

Apparel

Bangladesh forms panel for Swan Garment workers' pay

Bangladesh's junior labour minister Mujibul Haque Chunnu has said that a committee has been formed to take steps to clear the dues of Swan Garments workers

Treasury

Indian Rupee down 7 paise against US dollar in early trade

Indian rupee fell by 7 paise to 63.98 a dollar in early trade at the Interbank Foreign Exchange market on Thursday as the American currency strengthened overseas after the Federal Reserve upgraded its outlook on the US economy.

Business

Bangladesh's trade deficit likely to cross $13bn in FY 16

Bangladesh’s overall trade deficit may cross US$13 billion by the end of the current fiscal year (FY) 2015-16, according to the central bank’s latest projection.

National

Bangladesh-India makes history at stroke of midnight

In less than 10 hours – at the stroke of midnight on Friday – Bangladesh and India will make history by exchanging 162 enclaves - 51 are in India while 111 in Bangladesh

Sports

BAN v SA 2nd Test: Rain washes out Day 2 play

Rain caused by cyclonic storm ‘Komen’ plays the spoilsport as the entire Day 2 play of the second Test between Bangladesh and South Africa is abandoned in Mirpur on Friday

Environment

Komen crosses Ctg coast, turns as land depression

Bangladesh’s maritime ports advised to lower danger signal No 7 but instead hoist local cautionary signal No 3as cyclonic storm “Komen” crosses Chittagong coast and now lies over Noakhali and adjoining areas as a land depression

Offbeat

This brainy pooch can solve maths problems faster than a toddler

A two-year-old brainy dog in the UK can solve maths problems faster than a toddler due to his special talent for sorting shapes, recognising numbers and knowing around 60 different commands.

Education

Bangladesh takes Indian tips on civil servants’ selection

Bangladesh’s Public Civil Service Commission (PSC) chairman Ekram Ahmed yesterday met India’s Union Minister Jitendra Singh and discussed the Indian system of recruitment of civil servants.