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

Govt has no mentality to torture people in custody, PM tells BBC

Prime Minister Sheikh Hasina said on Tuesday her government is never led by any intention to expose people to torture in custody, reports BSS."To tell you the truth, our government is never led by any intention to torture people in custody and it (government) also doesn't do it (either)," she...

Railway's spl Eid service fails to halt bleeding

The number of railway passengers leaving the city almost doubles during the Eid vacation, but that has little impact on the overall annual income of the Bangladesh Railway (BR), people familiar with the situation said.They said the transport of a large number of passengers does not impact BR's total revenue...

BD’s development facing two big challenges: ICCB chief

International Chamber of Commerce, Bangladesh (ICCB) President Mahbubur Rahman said on Tuesday the country's development is presently facing two big challenges-maintaining continuous economic growth and eradicating inequality."If the country wants to continue its economic growth, it has to ensure the equal distribution of the benefits of the growth among all....

CPD to form citizens’ review commission on banking sector

Centre for Policy Dialogue (CPD) has decided to set up 'citizen's review commission' on banking in view of what it said the "deteriorating health" of the banking sector and the "inertia" of the government to address the problems pro-actively, reports UNB.This was decided by the Board of Trustees (BoT) of...

Bangladesh, Russia sign nuclear fuel supply deal

Bangladesh inked on Tuesday a nuclear fuel supply agreement with Russia for the Rooppur Nuclear Power Plant (RNPP) project to run the plant over the period of its lifetime.Bangladesh Atomic Energy Commission (BAEC), the implementing agency of the RNPP project, signed the contract with the Russian state-owned nuclear fuel firm...

Clampdown tightened, communications blackout

SRINAGAR, Aug 06 (Agencies): A communications blackout in disputed Kashmir entered a second day on Tuesday, after India snapped television, telephone and internet links to deter protests over its scrapping of special constitutional status for the Himalayan region.Moving to tighten its grip on India's only Muslim-majority region, the government dropped...

TIB demands removal of CEC, others

The Transparency International Bangladesh (TIB) has called for the chief election commissioner (CEC) and other high officials to quit on allegations of financial irregularities.It expressed grave concern over the electoral officials' reported mismanagement of funds in the last national and local-government elections.The officials in question took a lump sum of...

Old gas pipelines to be replaced, says Nasrul

The old gas pipelines in the capital will be replaced, said State Minister for Power, Energy and Mineral Resources Nasrul Hamid on Tuesday, reports UNB."We're planning to replace the existing pipelines which are very old," he said while speaking at the inaugural session of the two-day South Asia LNG Forum...

Dhaka, Delhi to increase rail connectivity

NEW DELHI, Aug 6 (BSS): Bangladesh and India today agreed to boost railway connectivity between the two countries following growing demand of the passengers.The decision came at a delegation level meeting held between visiting Bangladesh Railway Minister Nurul Islam Sujan and his Indian counterpart Piyush Goel at Rail Bhavan here.After...

DU suspends 69 students for cheating in admission test

The Dhaka University (DU) authorities suspended 69 students on charge of cheating and adopting unfair means in the university admission test, reports UNB.The decision was taken at a meeting of the disciplinary council chaired by Vice-Chancellor (VC) Prof Md Akhtaruzzaman, said university Proctor Prof AKM Golam Rabbani."The decision to suspend...