Market Pulse
Sensex losers, gainers this week
It was a tough week for Indian shares as the BSE Sensex fell nearly 3 percent and the Nifty lost 3.3 percent as U.S. Fed chief Bernanke’s suggestion that stimulus measures may be scaled back at one of their next few meetings dented sentiment. Here's a look at the top Sensex losers and gainers. Full Article
REUTERS SHOWCASE
Revenge of Markets
For months, markets have been dancing to central bankers' tune, but that may now be changing, writes James Saft. Full Article
Buy, Sell or Hold?
Confused while buying stocks? Get buy, sell or hold recommendations from VantageTrade. Full Coverage
Reuters India Mobile
Get the latest news on the go. Visit Reuters India on your mobile device. Full Coverage
Bangladesh asks border troops to shoot smugglers
DHAKA |
DHAKA Jan 19 (Reuters) - Bangladesh has ordered its border troops to "shoot on sight" to stop the smuggling of goods, especially fertiliser, out of the country, a senior security official said on Monday.
Bangladesh's new government cut fertiliser prices by more than half and that of diesel by 4.35 percent last week in line with Prime Minister Sheikh Hasina's promise to help farmers grow more rice and help build food security for the country's more than 140 million people.
Fertilisers are a key input for farming while diesel is required to run irrigation systems in the fields.
Government officials said they feared the price cuts could lead to more smuggling of those commodities to neighbouring India and Myanmar, where prices for those inputs are often higher.
Bangladesh shares a 4,000-km (2,500-mile), porous border with India. "The authorities have ordered Bangladesh Rifles (paramilitary border guards) to shoot on sight, if required, to check the smuggling, on top of normal patrolling," a Rifles spokesman told Reuters.
Bangladesh's annual fertiliser demand is around 2.85 million tonnes, of which 1.7 million tonnes are produced at home and the rest imported, mainly from the Middle East, China, Tunisia and Australia.
Hasina took office on Jan. 6 following her party's landslide victory in the Dec. 29 parliamentary election that returned the south Asian country to democracy after two years of rule by an army-backed interim government. (Reporting by Ruma Paul; Writing by Anis Ahmed; Editing by Bill Tarrant)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints






Follow Reuters