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Ex-minister Nurul Majid denied bail, sent to jail

2024-09-26 00:00:00

NARSINGDI, Sep 25 (UNB):A Narsingdi court on Wednesday sent former industries minister Nurul Majid Mahmud Humayun to jail after rejecting his bail prayer in several cases including murder during the recent mass upsurge.Narsingdi Senior Judicial Magistrate Rakibul Islam passed the...

Anisul, Salman, Dipu Moni, Palak shown arrested in two murder cases

2024-09-26 00:00:00

A Dhaka court on Wednesday accepted petitions to show former ministers Anisul Haque, Dipu Moni, Zunaid Ahmed Palak and former PM's adviser Salman F Rahman arrested in two separate murder cases filed with Badda police station, reports UNB.In another murder...

Biden welcomes further US-BD engagement: White House

2024-09-26 00:00:00

US President Joseph R Biden and Bangladesh Chief Adviser Professor Muhammad Yunus have affirmed the close partnership between Washington and Dhaka, which is rooted in shared democratic values and strong people-to-people ties, reports BSS.President Biden welcomed further engagement between the...

Ex-army officers console family of slain Lt Tanjim on behalf of Tarique

2024-09-26 00:00:00

A delegation of former military officers, led by Maj Gen Fazle Elahi Akbar, visited the house of slain Lieutenant Tanjim Sarwar Nirjhon in Tangail to console the bereaved family on behalf of BNP acting chairman Tarique Rahman on Wednesday, reports...

Sajeeb Wazed Joy wants AL’s role in BD reforms, polls

2024-09-26 00:00:00

NEW DELHI, Sept 25 (Reuters): The son of Bangladesh's ousted prime minister, Sheikh Hasina, said he was happy with the army chief's timeline for elections within 18 months, though it was later than expected, but warned that genuine reform and...

India doesn't like to make friendship with BD people

FE REPORT | 2024-09-26 00:00:00

BNP Senior Joint Secretary General Ruhul Kabir Rizvi said neighbouring India does not like to make friendship with the people of Bangladesh. Rather, it prefers to nurture friendship with a fallen autocratic ruler (Sheikh Hasina).Criticising the recent comments of Indian...

Support youth to fulfil their dreams: Prof Yunus

2024-09-26 00:00:00

NEW YORK, Sept 25 (UNB): Holding former US President Bill Clinton's hands, Chief Adviser Prof Muhammad Yunus introduced three young Bangladeshis to the audience at an event in New York, seeking support for them to implement their dreams of building...

'Act against auditors of S Alam's banks'

FE REPORT | 2024-09-26 00:00:00

An audit firm has called for stern action against the auditors who conducted audits of seven privately-owned commercial banks affiliated with the controversial S Alam Group.In a letter dated September 15, SKZ Islam & Co urged the governor of the...

UK MP Apsana calls for probe into ex-minister Saifuzzaman's assets

2024-09-26 00:00:00

British lawmaker Apsana Begum on Tuesday called on the UK's National Crime Agency to probe and take action regarding properties acquired by former Bangladeshi land minister Saifuzzaman Chowdhury allegedly through corruption, reports The South Asian Time.Saifuzzaman reportedly has a property...

BUET students skip class again

DU CORRESPONDENT | 2024-09-26 00:00:00

BUET students on Wednesday did not attend classes for the second day in a row. They previously decided to boycott classes and exams until visible action was taken against those accused of being involved with Chhatra League's politics.The administration of...

Rain brings respite from heat in city

2024-09-26 00:00:00

Rain has brought respite from the scorching heat that lasted for a week in Dhaka.However, commuters and other travellers faced difficulties on the road due to the rain on Wednesday, reports bdnews24.com.It rained more or less all across the country...

Govt issues $350m worth of guarantee for BPC

FE REPORT | 2024-09-26 00:00:00

The government has issued $350 million's worth of twin guarantees for the Bangladesh Petroleum Corporation (BPC) with intent to import petroleum products for the current fiscal year, 2024-25.The Finance Division published an order regarding the issue on Tuesday. The government...

Yunus seeks foreign friends' support to make new journey successful

2024-09-26 00:00:00

NEW YORK, Sept 25 (UNB): Chief Adviser Prof Muhammad Yunus has sought support from foreign friends for Bangladesh's new journey towards a happy and prosperous future, stressing that they do not want to miss the opportunity to build a new...

Bank deposits grow 3.34pc in Q2 on better rates

FE REPORT | 2024-09-26 00:00:00

The total deposit liabilities, excluding interbank items, of the country's 61 scheduled banks increased by 4.34 per cent to about Tk 18.39 trillion during the second quarter (Q2) of 2024, compared to the first quarter (Q1).Bankers attributed the growth in...

Labour commotion eases as workers join factories

FE REPORT | 2024-09-26 00:00:00

The labour situation in Ashulia and Gazipur industrial belts has improved as the workers of most of the garment factories joined the workplace on Wednesday.The development came a day after a tripartite meeting.Factory owners have agreed to meet workers' 18-point...

Briefing 2024-09-26

2024-09-26 00:00:00

Prayer Timings (2024-09-26)

2024-09-26 00:00:00

Writ seeks cancellation of hilsa export to India

FE REPORT | 2024-09-26 00:00:00

A writ petition has been filed with the High Court seeking its directive on the concerned bodies of the government to cancel the decision of exporting hilsa fish to India. Supreme Court lawyer Md Mahmudul Hasan filed the petition on...

ACC starts probe into corruption of BFIU ex-chief

FE REPORT | 2024-09-26 00:00:00

The Anti-Corruption Commission (ACC) has launched probes into the alleged corruption of former BFIU chief Masud Biswas and former CU VC Dr Shireen Akhter, who abused their respective positions.According to the ACC's primary investigations, after assuming the responsibility of the...

Jaishankar confident of strong ties with BD

2024-09-26 00:00:00

India's External Affairs Minister S. Jaishankar expressed confidence in the resilience of India's diplomatic ties with Bangladesh and Sri Lanka, despite recent political shifts in both countries, reports UNB. Speaking at an event titled "India, Asia, and the World," hosted...

Move to import spot LNG under PPR faces setback

M AZIZUR RAHMAN | 2024-09-26 00:00:00

The interim government's move to purchase liquefied natural gas (LNG) from the spot market faced a setback as the bids offered fell short of minimum requirement under the Public Procurement Rules (PPR) 2008.The authorities concerned received two bids each in...

Prof Yunus seeks global attention to Rohingya issue

2024-09-26 00:00:00

New York (USA), Sept 25 (UNB): Chief Adviser Prof Muhammad Yunus has sought international community's continuous attention to the Rohingya crisis, otherwise, he warned that it might put the entire region in trouble, not just Bangladesh."We must pay attention," he...

Lowers GDP growth to 5.1pc for downside risks

FE REPORT | 2024-09-26 00:00:00

Asian Development Bank's revised outlook of Bangladesh's economy projects a dip in the GDP growth by 1.50-percentage points to 5.1 per cent in the current fiscal for a slew of downside risks.The wellspring of risks mostly comprises continuing political uncertainty,...

Weak banks' liquidity ordeals seem over as well-off bankers yield

SDDIQUE ISLAM AND JUBAIR HASAN | 2024-09-26 00:00:00

Liquidity-strapped banks' ordeals are set to be all over as well-off bankers finally decide in principle to lend to the weaklings, sources said, thanks to regulatory interventions.Officials and bankers said that, under the bailout arrangement, top management of the lender...

Most Gulf markets subdued on oil, geopolitical tensions

2024-09-26 00:00:00

Major stock markets in the Gulf were subdued on Wednesday amid falling oil prices and rising geopolitical tensions in the region, reports Reuters.Oil prices - a catalyst for the Gulf's financial markets - fell as investors reassessed the ability of...

China bond market opening offers no panacea to debt-laden African states

2024-09-26 00:00:00

NAIROBI/SHANGHAI, Sept 25 (Reuters): Plans by African governments to raise money on China's domestic debt markets via so-called panda bonds could be undone by their heavy debt loads and a wider lack of market infrastructure, investors and analysts said.African governments...

Global stocks struggle as China stimulus boost fades

2024-09-26 00:00:00

LONDON, Sept 25 (Reuters): Stocks globally struggled on Wednesday to maintain momentum fuelled by China's monetary stimulus measures, with crude oil retreating and the dollar under pressure.European stocks eked out slim gains after opening in the red, following a near...

Beijing 'firmly opposes' US ban of Chinese tech from connected vehicles

2024-09-26 00:00:00

BEIJING, Sept 25 (AFP): China's commerce ministry on Wednesday said it "firmly opposes" US plans to ban the sale of connected vehicles incorporating Chinese and Russian technology, citing national security risks."The US practice has no factual basis, violates the principles...

US 30-year mortgage rate slips to 6.13pc, refinancing jumps

2024-09-26 00:00:00

NEW YORK, Sept 25 (Reuters): The interest rate for the most popular US home loan ticked down to 6.13 per cent last week, the lowest in about two years, and refinancing activity jumped, data from the Mortgage Bankers Association showed...

Google complains to EU over Microsoft cloud practices

2024-09-26 00:00:00

BRUSSELS, Sept 25 (Reuters): Alphabet unit Google filed a complaint to the European Commission on Wednesday against what it said were Microsoft's anti-competitive practices to lock customers into Microsoft's cloud platform Azure.Google, whose biggest cloud computing rivals are Microsoft and...