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

Dip in industrial output dents FY24 growth to 4.22pc

Industrial output saw a massive plunge from the ousted Sheikh Hasina government's doctored statistics in the FY24 revised export earnings estimation, causing Bangladesh's overall economic growth to fall markedly, according to official data released on Monday.The final economic growth for the last fiscal year was lowered by 1.60 percentage points...

Court issues arrest warrant against former IGP Benazir

A Dhaka Court on Monday issued an arrest warrant against former Inspector General of Police (IGP) Benazir Ahmed over corruption allegations. The court also ordered the government to request the International Criminal Police Organization (Interpol) to issue a Red Notice against him.Judge of the Metropolitan Senior Special Judge's Court in...

5 institutions leaked information from NID system: EC

The Election Commission (EC) has revealed that sensitive information from the National Identity Card (NID) system has been leaked by five institutions that utilise its services. These institutions are: the Directorate General of Health Services, UCB Bank's Upay, the Chittagong Port Authority, the Department of Women Affairs, and the finance...

343 hunted down countrywide

Police have detained 343 persons, including a former member of parliament, during the ongoing 'Operation Devil Hunt' in Gazipur district and elsewhere across the country.Seventy-nine of them were detained in Gazipur metropolitan area. On the other hand, district police detained 21 Awami League leaders and activists.A total of 24 individuals...

Writ seeks immediate suspension of CAAB chief engineer

A writ petition has been filed with the High Court seeking immediate suspension and departmental action against Md Habibur Rahman, chief engineer of the Civil Aviation Authority of Bangladesh (CAAB), as he is accused in several corruption cases.Six Supreme Court lawyers, including Barrister Md Solaiman Tushar, filed the petition on...

Transport workers block Janopad intersection

A good number of transport workers blocked Janopad intersection in Sayedabad area of the capital on Monday, protesting against the counter-based bus services.However, they demanded the contractual bus services on the city routes.The Dhaka Bus Transport Owners Association (DBTOA) launched the counter-based bus services on Thursday with a plan to...

Bones found at Dhanmondi 32

A team from the crime scene unit of the Criminal Investigation Department (CID) on Monday visited the demolished residence of Sheikh Mujibur Rahman in Dhanmondi 32 and collected some crime-related evidences.The team consisting of five to six members made the visit around 9:00 am and spent a considerable amount of...

TCB begins sales of 5 Ramadan items

The Trading Corporation of Bangladesh, or TCB, started Monday the sale of five products, including chickpeas and dates, at subsidised prices ahead of Ramadan, reports bdnews254.com.The initiative kicked off in Dhaka and Chattogram on Monday, according to Kamal Hossain, an official at the Ministry of Commerce.He also announced that the...

Dhaka-Ctg pipeline may become operative in April

CHATTOGRAM, Feb 10: The Dhaka-Chattogram fuel oil transportation pipeline is likely to become operational in April as the project is completed. The 250km pipeline is likely to be commissioned next month, while Bangladesh Petroleum Corporation (BPC) plans to commence transporting fuel oil in April under its own management, said sources.Implemented...