Banks' deposit, pvt credit growth falls due to high inflation
The growth of overall bank deposits decelerated in February 2025, following weaker credit growth in the private sector, officials said.The aggregate deposit growth in the country's banking system came down to 7.88 per cent in February 2025 from 8.29 per cent a month ago, according to the central bank's latest...
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After gas, cooking oil gets costlier
Shortly after industrial gas-price hike, edible oils get costlier yet as the government raised the maximum retail price (MRP) of soybean and palm oils. Bottled soybean-oil price rises by Tk 14 a litre to Tk 189. The rate was Tk 175.Loose soybean-and palm-oil MRP has been increased by 12 to...
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58-day ban on sea fishing begins
CHATTOGRAM, Apr 15: The government has imposed a ban on fishing in the Bay of Bengal and maritime territory for 58 days from April 15 to June 11 next. The ban on catching sea fish including hilsa began across the country on Tuesday (April 15).Fishing is banned to ensure the...
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World's first AI baby born
The world's first baby was born following conception using a fully automated, digitally controlled intracytoplasmic sperm injection (ICSI) system. The system automates each of the 23 steps of the standard ICSI procedure, either under artificial intelligence (AI) control or under the digital control of a remote operator. The automated process...
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5-yr T-bond yield rises sharply
The yield on Five-Year Bangladesh Government Treasury Bonds (BGTBs) posted a sharp rise on Tuesday as banks showed reluctance to invest in the securities.The cut-off yield, generally known as the interest rate, on the BGTBs rose to 12.39 per cent on the day from 11.48 per cent earlier, according to...
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Main focus of next budget to remove NTBs: NBR chief
National Board of Revenue (NBR) Chairman Md Abdur Rahman Khan on Tuesday said that the main focus of the national budget for next fiscal year (FY26) would be removing the non-tariff barriers (NTBs) to facilitate the business community."We'll try to ease the non-tariff barriers for you (businessmen), we'll remove all...
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Bashir gets addl role in civil aviation, tourism ministry
Sheikh Bashir Uddin, who is already in charge of the Ministry of Commerce and the Ministry of Textiles and Jute, has been entrusted with new responsibilities as adviser to the Ministry of Civil Aviation and Tourism.On Tuesday, the Cabinet Division sent a notification about Bashir Uddin's added assignment, reports bdnews24.comSince...
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Adani resumes full-scale power supply to BD
India's Adani resumed full-scale operation from its Godda power plant in India on Tuesday morning after around a week of hiatus, increasing Bangladesh's overall electricity supply to meet the summer demand, said sources.The unit-2 of Adani Power Jharkhand Ltd (APJL) lighted up its boiler at around 9:04 in the morning...
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DUCSU election roadmap announced
The Dhaka University (DU) authorities have announced a roadmap for holding the much-expected election to the Dhaka University Central Students' Union (DUCSU), reports BSS.According to the roadmap, the Election Commission (EC) is expected to be constituted by mid of May while the voter's list would be published by next month.Later,...
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FICCI, EuroCham seek fair, predictable pricing policy
Leading foreign trade bodies in Bangladesh have expressed concern over the recent gas tariff hike and called for fair and predictable pricing policy to maintain the investment climate in the country.Foreign Investors' Chamber of Commerce and Industry (FICCI) and European Union Chamber of Commerce in Bangladesh (EuroCham) expressed the concern...
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