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Early polls only solution to current crisis: Fakhrul

FE REPORT | 2024-11-29 00:00:00

Bangladesh Nationalist Party (BNP) secretary general Mirza Fakhrul Islam Alamgir has said an early general election is the only way out of the present political restlessness across the country."Announcing an election schedule shortly should be the only aim right now...

Indian benchmarks slide as IT stocks, derivatives expiry weigh

2024-11-29 00:00:00

India's benchmark indexes posted their steepest declines in nearly two months on Thursday, dragged down by heavyweight IT firms and as investors adjusted positions due to the expiry of monthly derivatives contracts, reports Reuters.The NSE Nifty 50 fell 1.49 per...

World markets head for reality check after month of Trump

2024-11-29 00:00:00

LONDON, Nov 29 (Reuters): November was a month of clear winners and losers from Donald Trump's November 5 US election victory.Trump trades, essentially punishing tariff-sensitive assets from European exporters to Mexico's peso and driving investment towards US stocks and the...

Major Gulf markets gain on Hezbollah-Israel ceasefire

2024-11-29 00:00:00

Major stock markets in the Gulf rose in early trade on Thursday following Israel's agreement to a ceasefire deal with Lebanon's Hezbollah group under a deal brokered by the US and France, reports Reuters.The agreement, a rare diplomatic feat in...

What the Adani allegations highlight about India's clean energy push

2024-11-29 00:00:00

NEW DELHI, Nov 28 (Reuters): Bribery allegations against Adani Group founder Gautam Adani have highlighted the growing problem India's renewable energy developers face in finding buyers for the power they generate.While India's central government wants to shift away from polluting...

HSBC, DBL Lifestyles sign agreement

2024-11-29 00:00:00

The Hongkong and Shanghai Banking Corporation Limited (HSBC) Bangladesh and DBL Lifestyles Ltd., the flagship retail brand of DBL Group, have collaborated to enhance DBL Lifestyle's digital payment services under an agreement signed recently in presence of M. A. Rahim,...

The 37th Annual General Meeting of RPGCL held

2024-11-29 00:00:00

The 37th Annual General Meeting of Rupantarita Prakritik Gas Company Limited (RPGCL) of Bangladesh Oil, Gas and Mineral Corporation (Petrobangla) was held in the city on Wednesday with Muhammad Musharraf Hossain Bhuiyan, Chairman of RPGCL Board of Directors in the...

522nd BOARD MEETING of SOCIAL ISLAMI BANK HELD

2024-11-29 00:00:00

Social Islami Bank held its 522nd Board meeting at the bank's head office in Dhaka on Thursday. Chairman of the Bank Professor Dr. M. Sadiqul Islam presided over the meeting. Vice Chairman Maksuda Begum, and Directors Major (Retd.) Dr. Md....

Islami Bank inaugurates Laxmipur Branch in Rajshahi

2024-11-29 00:00:00

Islami Bank Bangladesh inaugurated 398th Laxmipur branch in Rajshahi on Thursday. Obayed Ullah Al Masud, chairman of the bank, addressed the programme as the chief guest. Md. Abdul Jalil, chairman, executive committee, Professor Dr. M. Masud Rahman, chairman of Risk...

Mutual Trust Bank Inks Deal with PFEC Global

2024-11-29 00:00:00

Mutual Trust Bank (MTB) recently signed an agreement with PFEC Global to provide payroll banking services to its employees. Md. Shafquat Hossain, deputy managing director & head of retail banking of Mutual Trust Bank, and Md. Shahidul Islam, CEO of...

Mirza Azhar joins Bank Asia as DMD

2024-11-29 00:00:00

Mirza Azhar Ahmad has joined Bank Asia PLC as Deputy Managing Director (DMD) & Chief Operating Officer recently, says a press release. Mr. Ahmad started his career with Standard Chartered Bank in 1999 and served there till 2022. Afterwards, he...

Ship breakers urged to meet June 2025 deadline

OUR CORRESPONDENT | 2024-11-29 00:00:00

CHATTOGRAM, Nov 28: The Bangladesh Ship Breakers and Recyclers Association (BSBRA) held its 41st Annual General Meeting (AGM) in the port city on Thursday. Members attending the meeting called for united efforts and dynamism to boost the industry, which has...

NBL expects turnaround in months

FE REPORT | 2024-11-29 00:00:00

The liquidity crisis-hit National Bank is hopeful of its turnaround within the next few months, largely riding on the cash support provided by the central bank.The recently-reconstructed board members of the first-generation commercial lender expressed this optimism at a press...

Here is why blue chip stocks have kept falling

MOHAMMAD MUFAZZAL | 2024-11-29 00:00:00

Market leaders, including Grameenphone and Square Pharmaceuticals, which experienced significant gains on the bourses after the August change in the political regime, endured sharp corrections in recent sessions.Experts say the companies having the ability to influence the index had witnessed...

Wife, two others get life-term for killing husband

2024-11-29 00:00:00

SYLHET, Nov 28 (bdnews24.com): A Sylhet court has sentenced three people, including the wife of the victim and her "fiancé", to death for the murder of a man in the tourist centre of Jaflong.Judge Shaila Sharmin of the Sylhet Additional...

Crack on Dhaka-Rajshahi railway tracks fixed after 5 hours

2024-11-29 00:00:00

NATORE, Nov 28 (UNB): A crack that developed on Dhaka-Rajshahi railway track at Lalpur upazila in Natore district end has been fixed after five hours of detection.The railway communication with the northern districts from Dhaka remained undisrupted due to having...

Village children busy plucking water lily

2024-11-29 00:00:00

Village children busy plucking water lily at Tarapur village in Laxampur upazila of Cumilla district- bdnews24.com

Ex-VC of KUET opts for retirement, nine officials suspended

2024-11-29 00:00:00

KHULNA, Nov 28 (UNB): Former Vice-Chancellor of Khulna University of Engineering and Technology (KUET) Prof Mihir Ranjan Halder has sought voluntary retirement.In another development nine people, including the former pro-VC and two deputy registrars, have been temporarily suspended on charges...

Canada is already examining tariffs on certain US items following Trump's tariff threat

2024-11-29 00:00:00

TORONTO, Nov 28 (AP): Canada is already examining possible retaliatory tariffs on certain items from the United States should President-elect Donald Trump follow through on his threat to impose sweeping tariffs on Canadian products, a senior official said Wednesday.Trump has...

Adviser Rizwana stresses integrated plan for ecotourism

2024-11-29 00:00:00

Environment, Forest and Climate Change Adviser Syeda Rizwana Hasan stressed on Thursday the need for implementing an integrated plan to develop ecotourism and protect coastal region from natural calamities, reports BSS.She came up with the importance when speaking a seminar...

387th Board meeting of Shahjalal Islami Bank held

2024-11-29 00:00:00

The 387th meeting of the Board of Directors of Shahjalal Islami Bank PLC. was held at the bank's corporate head office on Wednesday. Chairman A. K. Azad presided over the meeting.

Southeast Bank distributes special CSR fund to support farmers

2024-11-29 00:00:00

Southeast Bank PLC. provided financial support to grassroots farmers at the bank's head office recently, says a press release. As part of its commitment to Corporate Social Responsibility (CSR), the bank provided the support across three significant areas: "Increase yield...

Exim Bank inaugurates its 152nd branch in Mirpur DOHS

2024-11-29 00:00:00

Exim Bank opened its 152nd branch at Mirpur DOHS in the capital on Thursday.Chairman of the bank Md. Nazrul Islam Swapan inaugurated the branch as the chief guest while Managing Director and CEO Mohammad Feroz Hossain presided over the programme,...

Community Bank provides financial assistance for dialysis patients

2024-11-29 00:00:00

Community Bank Bangladesh PLC. has provided Tk 1.5 million in financial assistance through Sajida Foundation to support impoverished patients who require dialysis.The initiative aims to ensure that no patient experiences financial hardship when receiving treatment for kidney complications, says a...

1030 tonnes of rice imported from India thru Benapole in one week

2024-11-29 00:00:00

BENAPOLE, Nov 28 (UNB) : A total of 1030 tonnes of rice were imported from India through Benapole port in one week till Wednesday.According to the Benapole land port and customs house, 33 rice-laden trucks entered the land port from...

Dhaka, Seoul kick off negotiation to sign EPA

2024-11-29 00:00:00

Bangladesh and South Korea have launched negotiations for signing a Economic Partnership Agreement (EPA) between the two countries, reports BSS.Commerce Adviser Sk Bashir Uddin and Korean Minister for Trade Inkyo Cheong attended the first meeting of the negotiation in Seoul,...

EU must cooperate with Trump to avoid trade war: ECB chief

2024-11-29 00:00:00

FRANKFURT, Germany, Nov 28 (AFP) : The European Union must cooperate with Donald Trump to avoid a trade war in light of the US president-elect's plans to raise tariffs on imports, the president of the European Central Bank said Thursday."This...

BR decides in principle to build new corridor connecting Ctg

MUNIMA SULTANA | 2024-11-29 00:00:00

Bangladesh Railway (BR) has decided in principle to develop a new route from Dhaka to Cumilla through Narayanganj, aiming to reduce travel distance and time with the port city of Chattogram.Agreed in principle, the new alignment is expected to reduce...

Vandalism is unacceptable

2024-11-29 00:00:00

In recent times, the educational institutions of the country have suffered in many ways. Especially in some institutions in Dhaka, there have been frequent clashes between students of different educational institutions. As a result, several educational institutions have been closed...

Decoding behavioural finance

2024-11-29 00:00:00

Behavioural finance explores how psychological factors influence financial decisions, challenging the assumption of rational decision-making in traditional finance. It emphasises the impact of emotional, biased, and cognitive errors in shaping investor behaviour, often leading to irrational market choices.A key concept...