FE Today Logo
Search date: 12-03-2022 Return to current date: Click here

Deposits rise as savers crowd in banks

Bangladesh's banks received over Tk 15.124 trillion in deposits in 2021, up 10 per cent year on year, as savers crowd in banking sector for reasons that may include lack of better options.People deposit their savings with the banks although interest rates have been cut down, which signifies that they,...

Read more

Russian forces edge closer to Kyiv

KYIV, Mar (AFP): Russian troops edged closer to Kyiv on Friday, as officials said the Ukrainian capital was being transformed into a "fortress" and President Volodymyr Zelensky accused Moscow of again targeting humanitarian corridors.Hundreds of thousands of civilians remain holed up in Ukrainian cities, including besieged Mariupol, under a Russian...

Read more

Untaxed money makes most, revenue lost

Untaxed money makes the most while the exchequer loses huge revenue as a major government move to introduce cluster-based market value revision of land stalls, officials say. The halt also leaves people in long wait of getting the benefits of the land-value-rationalisation initiative.They say the minimum market price of mouza...

Read more

Edible oils still high

Edible oils still retail at almost previous high level despite the government's latest cuts in value-added tax (VAT) and heightened monitoring of the supply chain.Market sources said the wholesale price of loose edible oil witnessed a slight decline on Friday but it was still much higher than the government-fixed rate.On...

Read more

Five more Covid deaths, 257 cases recorded

The daily Covid-19 caseload has maintained downtrend in the country for the last few days with the authorities reporting five deaths from the virus on Friday.The daily death toll due to coronavirus was also slightly higher than the previous day's three, according to the official data. The Directorate General of...

Read more

Prayer Timings (2022-03-12)

Read more