Pumping higher volume of reserve money into banks adds to inflation
A resurgence in funnelling reserve money into the market through cheap state credits to banks and dollar buy from them through regulatory intervention is stoking fears of higher inflationary regime ahead.Under a persistently tight monetary-policy regime espoused by the central bank to contain growing inflation, the inflow of the inflation-fuelling...
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Inflation down to 8.71pc in March
Inflation in Bangladesh eases in March count as food prices give some respite although rising energy costs amid global crisis fire up nonfood price indices.Data released Sunday by the Bangladesh Bureau of Statistics (BBS) showed headline inflation rate having fallen to 8.71 per cent in March, down 0.42-percentage points from...
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Nationwide measles vaccination drive from May 3
A special nationwide measles vaccination programme will begin on May 3 amid the ongoing outbreak in Bangladesh, Health Minister Sardar Md Sakhawat Husain said on Sunday.He also announced that an initial drive will be launched in two high-risk city corporations and two districts from April 12, reports bdnews24.com.Speaking at the...
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City petrol pumps continue witnessing long queues
Most of the petrol pumps across the capital city witnessed long queues on Sunday like previous days as motorists rushed to stock up on fuel.Despite having repeated government assurances that there is adequate oil in stock, the panic shows no sign of easing.Motorcyclists and car drivers were seen waiting for...
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Bangladesh may see commodity price rises for Mideast crisis
Finance and Planning Minister Amir Khosru Mahmud Chowdhury forewarns that prices of essential commodities may rise in Bangladesh due to ongoing global supply-chain disruptions triggered by the Mideast mayhem."Due to the supply-chain crisis, not only fuels but other commodities will also get pricier in Bangladesh," he told reporters Sunday after...
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JS passes bill setting age limit at 32
The National Parliament on Sunday passed a bill setting the maximum age limit for direct recruitment in government jobs at 32 years.The bill, titled "The Maximum Age Limit for Direct Recruitment in Government, Autonomous, Statutory Public Authorities and Public Non-Financial Corporations Bill, 2026," was passed by voice vote during the...
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Shops’ closing time extended by an hour to 7pm
The government on Sunday extended the closing time for markets and shopping malls by one hour to 7:00 PM following requests from the traders.Earlier on Thursday, the cabinet meeting decided, among others, that shops and markets must shut by 6:0pm from Friday as part of its austerity measures in the...
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Some enemy aircraft destroyed: Iran
Several aircraft were destroyed during the US mission to find a stranded airman in Iran, the Revolutionary Guards said on Sunday according to Tasnim News Agency, reports Reuters."During a joint operation (Aerospace, Ground Force, Popular Units, Basij and Police command), enemy aircraft were destroyed," the group said after Iran's police...
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