Finance News: Latest Financial News, Finance News today in Bangladesh

Constitution Commission to invite proposals from parties

Constitution Reform Commission head Professor Ali Riaz on Sunday said that they would request the political parties to submit written and concrete proposals for constitutional reforms. He further said that the commission would also seek insights from a broad range of stakeholders, including legal experts, civil society leaders, youth activists,...

Adani power cut despite highest monthly payment denounced

Halving cross-border electricity supply to Bangladesh by India's Adani despite getting the highest-ever monthly payment in October has shocked the current interim government, officials say.The Indian conglomerate shut one of its two power units in Jharkhand on November 1, which the post-uprising government here took with strong exception. The government...

Govt gets tightfisted on rising treasuries' yields

The government seems to be tightening fist on rising yields from treasury bills in a bid to rein in bank-lending rates and price-fuelling inflation, after having offered generous bets.Officials and experts say the strategy change of the government on interest regime becomes clear in very recent auctions of treasury bills...

'Dev admin was subservient to political system'

Senior government officials have admitted that the development administration played a major role in shaping the development narrative over the past decade during the Awami League regime as well as widened various shortcomings and deviations due to its complete subservience to the political system.Speaking at a meeting with the white...

Oct remittance inflow steady at Sept level

The inflow of foreign remittance continued to register robust growth since the end of the ousted Sheikh Hasina's government, thanks to gradually improving governance in the banking system that is considered to have rebuilt remitters' confidence in the formal channel.In the just ended month (October), expatriate Bangladeshis sent home $2.39...

HC orders probing ex-BB governor Rouf, NBL

The High Court on Sunday directed the government bodies concerned to investigate former Bangladesh Bank governor Abdur Rouf Talukder and the National Bank management for rescheduling loans of Bashundhara Group.It instructed the authorities to probe the National Bank chairman and managing director for rescheduling Tk 38.59-billion loans in favour of...