Stocks in free fall amid political uncertainty, rising interest rates

The key index of the Dhaka Stock Exchange (DSE) tumbled below 5,000 points on Sunday after four years amidst political uncertainties and an increase in the policy rate designed to tame soaring inflation. Market analysts also blame regulatory measures taken in the absence of coordination between stakeholders for the gloomy...

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BD continues to rank low in law and order

Bangladesh has ranked 127th out of 142 countries in global law-and-order index in 2024, according to a survey report, evidently as the year sees political upheavals. This ranking has, however, remained unchanged since 2022. In 2021, the country ranked 124th.The World Justice Project (WJP) Rule of Law Index is an...

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Call money heats up but treasuries stay steady

Call money in interbank transactions heats up while treasuries stay steady following the policy-rate hike by the central bank in government bid for taming stubborn inflation.Bankers said the interbank call-money rate marked a significant rise Sunday. The weighted average rate (WAR) of call money rose to 9.87 per cent on...

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CJ sends proposal for separate secretariat for judiciary

Chief Justice Syed Refaat Ahmed on Sunday sent a proposal to the Ministry of Law, Justice, and Parliamentary Affairs seeking its initiatives to establish a separate secretariat for the judiciary.The proposal was sent after receiving opinions from the judges of both the divisions of the Supreme Court, said a press...

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Fakhrul urges govt not to make rash decision

Bangladesh Nationalist Party (BNP) secretary general Mirza Fakhrul Islam Alamgir has said the interim government should not make any impetuous decision on the removal of President Mohammed Shahabuddin from his office."The highest forum of BNP will discuss the issue and then we'll clear our position," he replied to a media...

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Prayer Timings (2024-10-28)

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