Wednesday, May 12, 2021

Tag: Economy

Indian shares rise as bank stocks gain

Image credits - Sigmund / Unsplash

Bengaluru, March 23 (Reuters) - Indian shares edged up on Tuesday, supported by gains in beaten-down bank stocks, as sentiment was lifted by a pullback in U.S. 10-year bond yields. The blue-chip NSE Nifty 50 index rose 0.4% to 14,793.80 and the benchmark S&P BSE Sensex gained 0.4% at 49,982.63, as of 0350 GMT. The Nifty bank index gained 0.8% ...

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Bangladesh economy shows early signs of pandemic recovery

© Provided by Associated Press FILE - In this April 19, 2018 file photo, trainees work at Snowtex garment factory in Dhamrai, near Dhaka, Bangladesh. After months of decline in exports of its garment products, Bangladesh’s economy is showing signs of recovery. The Asian Development Bank in a new report said Tuesday, Sept. 15, 2020, the country's economy's comeback was encouraging and it is expected to grow by 6.8 percent in the current fiscal year ending in June if this recovery sustains. (AP Photo/A.M. Ahad, File)

Bangladesh, Dhaka, September 18 (AP) — A rebound in garment orders after demand crashed during spring shutdowns is helping to revive the Bangladesh economy. Apparel makers, the country’s main export industry, say they are looking ahead to Christmas orders from the U.S. and other major markets. Remittances from Bangladeshi workers employed overseas have also recovered, helping to relieve pressures from ...

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