Photo: Investing.com

Dhaka, Bangladesh (BBN) – The Bangladesh Business News prepared Thursday’s midday business round up compiling reports, published by different local and international newspapers and news portals.

SC upholds BB decision to remove NRBC Bank’s MD
The Supreme Court today upheld the Bangladesh Bank decision to remove the Managing Director of NRB Commercial Bank, Dewan Mujibur Rahman.

Bangladesh’s stocks fail to stay positive at midday
Bangladesh’s stocks failed to stay in positive trend at midday on Thursday as cautious investors went on selling spree on sector-wise stocks.

Govt to decide whether Kandhalvi joins Ijtema: DMP
The government will decide whether Maulana Saad Kandhalvi, a top scholar of Indian Tabligh-Jamaat, will attend the first phase of the 53rd Biswa Ijtema to be held from January 12 to 14, DMP Commissioner Asaduzzaman Mia said today.

Brutal cold wave lifts
The brutal spell of severe cold wave that plunged Bangladesh into its lowest ever temperature has lifted. However, a mild to moderate level cold wave is prevailing across the country which might continue, says the forecast given by Bangladesh Meteorological Department.

Indian rupee slumps to 63.82 on heavy dollar demand
The Indian rupee slid further by 22 paisa to hit a low of 63.82 against the greenback in late morning deals on continued bouts of dollar demand from importers and banks amid flat equities.

Sensex trading flat; Kotak Bank, Infosys gain nearly 1.5%
The Sensex and Nifty were trading flat due to fears over long-term capital gains tax following media reports that a 7-member panel has made recommendations to Prime Minister Narendra Modi to this effect.

Asian shares decline, dollar climbs on China bond-buying news
Most major Asian indexes declined on Thursday following the softer lead from Wall Street. Investors in the region also focused on quarterly releases as Japanese corporates kicked off earnings season.

Gold inches up on weaker dollar, equities
Gold prices edged up early on Thursday after hitting a near four-month high in the previous session, on a weaker dollar and as a rally in equities ran out of steam.

Oil dips away from 3-year highs on signs of overheated market
Oil inched away from three-year highs on Thursday on signs that a 13-percent rally since early December may have run its course, although a surprise drop in U.S. production and lower crude inventories offered prices some support.
BBN/SSK/AD