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

Savings likely to be 4.7pc of original cost

The cost of the Padma Rail Link Project (PRLP) is likely to be reduced by more than Tk 18.44 billion or nearly 4.7 per cent of the original cost of Tk 392.46 billion, according to Bangladesh Railway.Project officials said the cost was reduced by Tk 6.21 billion in the second...

Taxpayers to e-file sans bank statements now

In a significant move to streamline the tax-filing process, the revenue board announces that individual taxpayers will no longer be required to submit supporting documents like bank statements when filing returns online.The National Board of Revenue (NBR) chairman Md Abdur Rahman made the disclosure at a press briefing convened at...

India removes floor price

NEW DELHI, Oct 23 (Reuters): India has removed the floor price for the export of non-basmati white rice, the government said in an official order on Wednesday, to help farmers and exporters sell various grades of rice on the world market.Buoyed by forecasts of higher rice output, farmers and rice...

Reactor assembly process completed at NPP

The reactor-assembly process has been completed at power unit-1 of the Rooppur Nuclear Power Plant (NPP), Russian Rosatom said in a statement on Wednesday.The process included installing reactor internals, loading fuel assembly simulators, installing a protective pipes unit and an upper unit, smart automated monitoring systems (SAMS) sensors, etc.Hydraulic testing...

Warrant against 46 including Hasina sent to IGP

The arrest warrant issued for 46 individuals, including ousted Prime Minister Sheikh Hasina, over alleged crimes against humanity during the July-August uprising, has been forwarded to the Inspector General of Police (IGP).This information was disclosed by Chief Prosecutor Tajul Islam of the International Crimes Tribunal (ICT) during a visit to...

Illegal gas links galore in Nasrul's hometown

Titas Gas Transmission and Distribution Company Ltd (TGTDCL) has snapped some 67 illegal industrial gas connections and 16 illegal commercial links in a drive in the last one and a half months in Keraniganj, the home area of former state minister for energy and power Nasrul Hamid.The state-run TGTDCL also...

7 more die of dengue

Seven more deaths due to dengue were reported in the 24 hours leading up to Wednesday morning, raising the total fatalities from the mosquito-borne disease in Bangladesh to 264 this year, reports UNB.Among the recent fatalities, two occurred in the Dhaka South City Corporation (DSCC), three in Barishal Division (outside...

TCB to sell rice, oil, pulses in Dhaka, Ctg from today

The Trading Corporation of Bangladesh (TCB) will start selling edible oil, pulses and rice at subsidised rates in Dhaka and Chattogram from today (Thursday) and continue till November 30.The three essential products will be sold through 50 and 20 trucks in the capital and the port city, reports UNB.Edible oil...

Jamaat files petition to reinstate caretaker govt

Bangladesh Jamaat-e-Islami on Wednesday filed a review petition with the Appellate Division of the Supreme Court in order to turn down its 2011 verdict that scrapped the non-party caretaker government system. The party's Secretary General Miah Golam Porwar submitted the petition through his lawyer Mohammad Shishir Manir seeking necessary directives...

Dana: BD ports raise local signal No. 3

The Bangladesh Meteorological Department (BMD) has advised four maritime ports to raise cautionary signal No. 3 as Cyclone Dana approached within 600 km of Bangladesh's coast by Wednesday noon, report agencies.The cyclonic storm is expected to move northwestward and intensify into a severe cyclonic storm over the northwest Bay of...

Govt yet to make decision on president's removal: CA's press secretary

Shafiqul Alam, the press secretary to the interim government's chief advisor, has revealed that no decision has been taken yet on the removal of President Mohammed Shahabuddin, who is facing increasing pressure to step down as the head of state, reports bdnews24.com.He said that journalists would be informed about any...

Concluding ceremony of 7th International Flight Safety Seminar

Chief of Air Staff Air Chief Marshal Hasan Mahmood Khan poses with participants at the concluding ceremony of the 7th International Flight Safety Seminar, jointly organised by Bangladesh Air Force and Civil Aviation Authority of Bangladesh at Hotel Sonargaon in the city on Wednesday. — ISPR

A section of unscrupulous individuals breaks some metal dividers

A section of unscrupulous individuals breaks some metal dividers used on Rampura bridge in Dhaka and sell them at a throwaway rate to feed their needs, much to the risk of both vehicles and walkers. Similar pictures are seen in different city areas. The snap was shot on Wednesday. —...

US fines American Airlines $50m over mishandling of disabled passengers

DALLAS, Oct 23 (AP): The US government fined American Airlines $50 million for failing to provide wheelchair assistance to passengers with disabilities and damaging thousands of wheelchairs over a five-year period,The Transportation Department said Wednesday that "in some cases," wheelchair users were injured, but it did not give a number.American...