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

Financials of S. Alam family under probe

Banks and financial institutions (FIs) have been asked by the revenue authority to submit account- and credit-card details of the S. Alam family members on suspicion of concealment of financial information.Saiful Alam, the owner of upstart S. Alam Group of business, is suspected as one of the masterminds behind major...

Interim govt to get new advisers, oath today

The interim government, led by Prof Muhammad Yunus, is getting expanded with new faces, report agencies.The swearing-in ceremony of the new advisers will be held at 4pm today at Bangabhaban. A press release of the Bangabhaban press wing was issued in this regard on Thursday.The five new advisors will be...

UN fact-finding team coming next week

A UN technical team arrives in Dhaka from Geneva next week to collect preliminary information on the atrocities and killings that took place during the recent protests in Bangladesh, in the process of assisting smooth transition."We have some technical colleagues who are arriving in country next week. They will do...

Educational insts to reopen Sunday

The government has decided to reopen all educational institutions on Sunday and resume HSC and equivalent examinations on September 11. The institutions had been closed for about a month, report agencies.The Ministry of Education issued a notification signed by Rahim Aktar, deputy secretary of the Secondary and Higher Secondary Division...

Political chaos could lead to BD credit downgrade: Fitch

Fitch Ratings said on Thursday that the fall of the Awami League government, following protests in July and August, raised uncertainty about the sovereign's credit profile."Downward pressure on Bangladesh's rating could increase if the political transition faces challenges, including prolonged political violence, or leads to policy paralysis and exacerbates fiscal...

Modi voices concern over safety of Hindus in BD

Indian Prime Minister Narendra Modi on Thursday said 1.4 billion Indians are worried about the safety of Hindus in Bangladesh, who have faced attacks during the recent political unrest in the country following the ouster of Prime Minister Sheikh Hasina, reports UNB."1.4 billion Indians are worried about the safety of...

15th August observed

The 15th August that marks the assassination of Bangladesh's independence leader Bangabandhu Sheikh Mujibur Rahman was observed on Thursday. On this day in 1975, Sheikh Mujibur Rahman along with most of his family members and relatives were killed by a group of disgruntled Army officers at his Dhanmondi residence at...

3 more cases filed against Sheikh Hasina

Three more cases were filed on Thursday against deposed Prime Minister Sheikh Hasina, her cabinet members and police high-ups on charges of crimes against humanity, genocide and murder.An application was filed with the International Crimes Tribunal in Dhaka on charges of genocide and crimes against humanity, while two others were...

Deposed AL out to fuel unrest with India's help, says Fakhrul

Bangladesh Nationalist Party Secretary-General Mirza Fakhrul Islam Alamgir said on Thursday that the deposed Awami League (AL) wanted to fuel unrest in the country by creating communal disharmony with the help of India. "Awami League has a target to destabilise the country by creating communal disharmony. They (AL president Sheikh...

Adani cuts power output by half

Electricity generation from Adani Power Jharkhand Ltd (APJL) has been slashed by almost half following a recent amendment to the Indian Power Export Guideline allowing supply to their domestic market.According to data available with the Bangladesh Power Development Board (BPDB), the APJL supplied around 753 megawatt (MW) power on Wednesday.The...