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

Winter slump cuts power generation sharply

Electricity generation across Bangladesh has fallen to nearly one-third of installed capacity as winter sets in and demand drops sharply. While the seasonal slump has eased the chronic supply pressures typically seen during summer, it has also exposed the financial burden of maintaining surplus generation capacity.With a large number of...

UN chief calls for restraint, impartial probe into Hadi killing

UN Secretary-General Antonio Guterres has urged all parties in Bangladesh to "exercise restraint" over the death of Inquilab Moncho Convener Sharif Osman Hadi, reports bdnews24.com.UN spokesperson Stephane Dujarric relayed the call at a briefing in New York, according to a UN statement issued on Friday.Dujarric said Guterres has called for...

RAB arrests 10 people linked to killing in mob beating

The Rapid Action Battalion (RAB) has claimed a floor manager handed Dipu Chandra Das over to an enraged crowd after forcing him to resign from his job, reports bdnews24.com.Dipu, 28, who worked at a Bhaluka-based readymade garment factory named Pioneer Knitwears BD Ltd, was beaten to death by a mob...

Expansion of technical school, colleges stalls as costs soar

A flagship government initiative to expand technical and vocational education across Bangladesh has stalled badly, with construction of Technical School and Colleges (TSCs) yet to begin in hundreds of upazilas despite repeated deadline extensions and sharp cost escalations.Officials say the prolonged delays are undermining national efforts to build a skilled...

7-year-old dies in arson attack

LAKSHMIPUR, Dec 20 (UNB): A seven-year-old girl was burned to death in a deliberate arson attack on the house of a local BNP leader in Bhabaniganj of Lakshmipur's Sadar upazila, turning a quiet night into a scene of horror and loss.The deceased, Ayesha Begum, was the youngest daughter of Md...

Train fares rise via bridge charge

Bangladesh Railway (BR) has increased train fares by up to Tk 226 on six key routes, including Dhaka-Cox's Bazar, with the revised rates taking effect on Saturday.A senior BR official said the hike has been imposed in the form of a pontage charge to cover the maintenance costs of railway...

Netanyahu plans to brief Trump on possible new Iran strikes: NBC

US President Donald Trump is set to be briefed by Israel's Prime Minister Benjamin Netanyahu that any expansion of Iran's ballistic missile programme poses a threat that could necessitate swift action, NBC News reported on Saturday, reports ReutersIsraeli officials are concerned that Iran is reconstituting nuclear enrichment sites the US...

Seven elephants killed by train accident in India

NEW DELHI, Dec 20 (AFP): A passenger train smashed into a herd of elephants in India's northeast, killing seven animals on the spot, officials said Saturday.No travellers were injured in the accident in Assam state, home to more than 4,000 of the roughly 22,000 wild elephants in India.Senior Assam police...

EC revises appeal schedule for nomination papers of Feb 12 election

The Election Commission (EC) has revised the schedule for filing and disposing of appeals against returning officers' decisions on nomination papers in the 13th Jatiya Sangsad election, reports BSS.According to the revised notification, the time for filing appeals has been shortened by two days and will now run from January...