Onion price at Tk 145-155 per kg
The retail price of onions hit Tk 145-155 a kg on Saturday, marking a Tk 10 hike per kg overnight. The price of the local variety of the pungent vegetable witnessed a Tk 20-30 hike per kg in the last three days, according to groceries in the capital.Meanwhile, the price...
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Govt to restore tax incentives for renewable energy power plants
A restoration action comes soon from the interim government to reinstate the fiscal package for renewable energy-based power plants to attract potential investors.Renewable energy investors would enjoy tax breaks until 2030 on the income derived from power generation, officials said.On June 26, 2023, the now-deposed government withdrew full tax exemptions...
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US court stays arrest warrant for Salehuddin, Ahsan Mansur
A Washington court has stayed a warrant of arrest for finance and commerce adviser Dr Salehuddin Ahmed and central bank governor Dr Ahsan H Mansur.The action followed swift intervention by attorneys representing Bangladesh in the US on Friday.District judge Carl J Nichols earlier directed the US Marshals Service to detain...
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BNP decision on President's removal after party meeting
The Bangladesh Nationalist Party (BNP) deferred a decision regarding the removal of President Md. Sahabuddin until after its internal discussions, as confirmed in a meeting with leaders of the Anti-Discrimination Student Movement (ADSM) and the National Citizen Committee on Saturday evening.BNP representatives said that the party would make a decision...
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Spike in extreme poverty rate in Bangladesh
The rate of extreme poverty in Bangladesh increased for the last three consecutive fiscal years (FYs) and is projected to reach 7.0 per cent in the current fiscal year (FY 2024-25), according to a latest World Bank report.The rate stood at 6.1 per cent in FY 2023-24, rising from 5.0...
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