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VAT on commissions for drug sales raised

Doulot Akter Mala | 2014-11-27 00:00:00

The government's revenue authority raised the rate of Value Added Tax (VAT) on commissions of distributors and retailers of all types of pharmaceuticals. Officials said the VAT wing of the National Board of Revenue (NBR) issued an order with policy...

Road Fund starts getting shape from next month

Munima Sultana | 2014-11-27 00:00:00

The long-awaited Road Fund will start getting a formal shape from next month with the concerned authority empowered to spend money for carrying out regular road and highway maintenance works. The Road Fund, the first of its kind, will get...

2 JMB men get death sentence

2014-11-27 00:00:00

A court Wednesday condemned two members of the banned Islamist outfit Jama'atul Mujahideen Bangladesh (JMB) to death for killing a police informer in Tangail in 2006, reports UNB. Judge of Dhaka Speedy Trial Tribunal-4 ABM Nizamul Haque passed the order...

SAARC Summit sees no deal on first day

2014-11-27 00:00:00

The 18th SAARC summit has been adjourned till Thursday without any deals being signed, reports bdnews24.com. There was a slot for singing agreements at 12.35pm, but the chair of the summit Nepal Prime Minister Sushil Koirala adjourned the two-day meet...

Modi reassures Hasina on Teesta, LBA

2014-11-27 00:00:00

KATHMANDU, Nov 26 (Agencies): Indian Prime Minister Narendra Modi has told Sheikh Hasina that his government is vigorously working to sign the Teesta water-sharing deal and implement the Land Boundary Agreement (LBA). Modi informed the Bangladesh prime minister of the...

Muhith blames \\\'flexible\\\' BB policy for rise in banks\\\' NPL

FE Report | 2014-11-27 00:00:00

Finance Minister AMA Muhith Wednesday blamed the flexible rescheduling policy of the central bank for increase in the volume of classified loans in the country's banking sector, especially in the state-owned commercial banks. "The classified loans have increased in the...

Connectivity matters most

Shahiduzzaman Khan | 2014-11-27 00:00:00

Prime Minister Sheikh Hasina has urged all members of the South Asian Association of Regional Cooperation (SAARC) to sink differences and work together for the progress of the region's people, 40 per cent of them being poor. Addressing the 18th...

Tigers take ODI series

2014-11-27 00:00:00

Bangladesh have registered the first one-day series win of 2014 crushing Zimbabwe by 124 runs in the third match in Dhaka, reports bdnews24.com. The hosts took an unassailable 3-0 lead in the five-match series at the Sher-e-Bangla National Cricket Stadium...

Prayer Timings

2014-11-27 00:00:00

FE Anniversary Supplement

2014-11-27 00:00:00

City slum fire kills minor girl

2014-11-27 00:00:00

A minor girl was burned to death in a fire that broke out at a slum in the city's Mohammadpur area Wednesday afternoon. Some 24 shanties were also gutted by the fire at Balurbadh Slum. The deceased was identified as...

Protests spread across US

2014-11-27 00:00:00

Missouri's governor ordered hundreds more National Guard troops on Tuesday to the St. Louis suburb rocked by rioting after a white policeman was cleared in the fatal shooting of an unarmed black teenager, while the local mayor said the governor...

\\\'PSC question leak a rumour\\\'

2014-11-27 00:00:00

The Ministry of Primary and Mass Education has brushed off as ‘rumours’ suspected leak of question papers of Primary School Certificate (PSC) and Ebtedayee examinations. In a media statement on Wednesday, it said some media outlets had been running ‘misleading...

Nurse killed in road accident

2014-11-27 00:00:00

A nurse was killed in a road accident in Narayanganj city on Wednesday evening. The victim was identified as Nasima Akhter Baby, 35, a senior nurse of Narayanganj 300-Bed Hospital and wife of Hekmat Ali, a resident of Khanpur area...

13m Bangladeshis get senior citizen status today

2014-11-27 00:00:00

The government is going to give around 13 million older people, aged 60 years or above, senior citizen status, which will entitle them to different privileges. President M Abdul Hamid will announce the status at a function at Osmani Memorial...

1 held with 400 Yaba tablets in Sherpur

2014-11-27 00:00:00

Police recovered 400 pieces of Yaba tablet in Char Bhabna in Sherpur Sadar Upazila on Wednesday. A woman was arrested allegedly for possessing the contraband item. Police identified the arrestee as Joytsna Begum, 32. Being informed, police conducted a drive...

3 to die for murder in M\\\'singh

2014-11-27 00:00:00

A court in Mymensingh on Wednesday sentenced three people to death and five others to life term imprisonment for killing a man in Phulpur Upazila in the district 2-and-half years back. The condemned convicts are Askar Ali, Shahab Uddin and...

Loan defaulters\\\' list getting longer: Muhith

2014-11-27 00:00:00

The list of loan defaulters both in the state-owned and the private banks has been getting longer since the abolition of the provision of loan rescheduling recently. Finance Minister AMA Muhith disclosed this while speaking with reporters at his Secretariat...

CJ calls for quick disposal of pending cases

2014-11-27 00:00:00

Chief Justice M Muzammel Hossain has asked the judges and lawyers to put their best efforts for quick disposal of all old pending cases for welfare of the litigants. Exchanging views with lawyers at a programme after visiting different courts...

Hughes returns to pavilion beyond

2014-11-27 00:00:00

Australian batsman Phillip Hughes, injured by a bouncer during a Sheffield Shield match in Sydney on Tuesday, succumbed to his injuries on Thursday morning. He was 25. Australian cricket team doctor Peter Brukner said Hughes remained critical after being felled...

Stocks open positive amid volatility

FE Online Report | 2014-11-27 00:00:00

The Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) saw positive trend in early hours of trading on Thursday amid see-saw, the last session of the week. DSEX, the prime index of the DSE, went up by 9.24 points...

Freed after 5 yrs\\\' of captivity

2014-11-27 00:00:00

Police rescued a woman and her son in Feni on Wednesday evening after being confined in a room for five years. The victims are: Jahanara Begum Rosy, 45, a former teacher of Dhaka’s Viquarunnisa Noon School and College, and her...

US stocks edged up

2014-11-27 00:00:00

US stocks edged up on Wednesday, boosted by tech shares, while the energy sector was once more the largest weight on the market as crude prices continued to flirt with multi-year lows. Hewlett-Packard, Apple and chipmakers were among the largest...

Recruitment in police starts

2014-11-27 00:00:00

The initial recruitment process for 17,000 police jobs have begun, State Minister for Home Affairs Asaduzzaman Khan Kamal said at a programme in the city on Thursday. This was the 1st phase in a plan to add 50,000 new police...

European shares set to inch up

2014-11-27 00:00:00

European stocks were set to inch higher on Thursday, adding to recent lofty gains, with Infineon in focus after posting a sharp rise in operating profit. The auto and industrial chipmaker said its fiscal fourth-quarter operating profit rose 27 per...

Writ filed for vacating Latif\\\'s MP post

2014-11-27 00:00:00

A writ petition was filed with the High Court on Thursday seeking a direction for vacating the post of Member of Parliament of former minister and Tangail-4 lawmaker Abdul Latif Siddiqui. A Supreme Court lawyer, Eunus Ali Akond, filed the...

Asian shares edge higher

2014-11-27 00:00:00

Asian stocks hit a one-month high on Thursday as investors bet that more central bank stimulus in China and Europe would shore up the global economy, while oil prices tumbled to a four-year low as hopes for output cuts by...

Man hurt in road accident dies at Jessore hospital

2014-11-27 00:00:00

A man, who suffered injuries in a road accident in Jessore town, died at Jessore 250-Bed Hospital on Wednesday night. The deceased was identified as Habibur Rahman, 50, a resident of Ghop Noapara Road area of the district town. Police...

Youth jailed for sexual harassment in N\\\'ganj

2014-11-27 00:00:00

A mobile court convicted and sentenced a young man to six months’ imprisonment for sexually harassing a schoolgirl in Fatullah Pilot School area of Narayanganj Sadar Upazila on Wednesday. The convict was identified as Monir Hossain, 22, son of late...

31 members of doper gang held in city

2014-11-27 00:00:00

Detective Branch (DB) personnel of police in a drive arrested 31 alleged members of a doper gang from different parts of the capital on Wednesday night. Sources at the DB headquarters said a special team of the detectives launched a...