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Protest inside Indian visa centre, enhanced security sought

2024-08-27 00:00:00

Amid sudden demonstrations inside the key Indian visa centre, the Indian High Commission in Dhaka has sought enhanced security, noting that such a situation should not arise, reports UNB. "We have taken up this with the MoFA. We have sent...

Ban on Jamaat may be lifted today

FE REPORT | 2024-08-27 00:00:00

The interim government may issue a circular today (Tuesday) to withdraw an order of the Awami League government banning Jamaat-e-Islami and its front organisations.Mohammad Shishir Manir, a counsel of Jamaat-e-Islami, confirmed the update in a press briefing held at the...

NBR allows clearance of Dhaka-bound goods through Pangaon terminal

FE REPORT | 2024-08-27 00:00:00

The National Board of Revenue (NBR) has permitted clearance of the goods bound for the Inland Container Depot (ICD) in Dhaka through Pangaon terminal in a bid to help ease congestion at the Chittagong port.In a letter on August 22...

Administrative HQ, CA office made off-limits to demonstrations

2024-08-27 00:00:00

Dhaka Metropolitan Police (DMP) has placed an indefinite ban on holding any type of meeting, gathering, procession, rally and demonstration in areas surrounding Bangladesh Secretariat and Chief Adviser's official residence Jamuna, reports UNB.A public notification ordered by the DMP commissioner...

BFIU asks for S Alam Group’s banking info

FE REPORT | 2024-08-27 00:00:00

The Bangladesh Financial Intelligence Unit (BFIU) on Monday asked banks to provide detailed information about banking activities of S Alam Group Chairman Mohammed Saiful Alam, his companies and his 12 other family members on suspicion of scams.The 12 family members...

Prof Niaz Ahmed Khan to be new VC of DU

DU CORRESPONDENT | 2024-08-27 00:00:00

Professor Niaz Ahmed Khan, who teaches development studies, is set to be appointed the 30th Vice-chancellor at Dhaka University (DU).The Ministry of Education will issue a notification today (Tuesday) regarding this appointment, a Ministry source confirmed to the media.Professor Niaz...

Ban on battery-run rickshaws in city main roads demanded

2024-08-27 00:00:00

Hundreds of pedalled rickshaw drivers staged a protest at Dhaka's Shahbagh intersection on Monday, demanding a ban on battery-run rickshaws from the city's main roads.The protest began around 11 am, bringing traffic in the area to a standstill, reports UNB.The...

Large makers unwary of complex taxation

DOULOT AKTER MALA | 2024-08-27 00:00:00

Large manufacturers fear complexities of their taxation following a recent clarification of the income tax wing, which instructs paying tax on same transactions by both producers and distributors.The recent Income Tax Circular-2024 has come with the clarification where national distributors,...

Briefing 2024-08-27

2024-08-27 00:00:00

Prayer Timings (2024-08-27)

2024-08-27 00:00:00

New Delhi bins rumours, fake videos on Farraka gates

2024-08-27 00:00:00

Regarding Farraka barrage, India has said they have seen fake videos, rumours and fear mongering to create misunderstanding which should be firmly countered with facts, reports UNB."We have seen media reports of the opening of Farraka barrage gates that will...

Hasanul Haq Inu arrested

FE REPORT | 2024-08-27 00:00:00

Former Information Minister Hasanul Haq Inu was arrested from the Uttara area in the city on Monday afternoon.A team of detectives arrested Inu, the president of Jatiya Samajtantrik Dal (JSD), from a flat, said Kazi Ziauddin, deputy commissioner of Gulshan...

Flood concern rises in south-east amid red alert in Tripura

FE REPORT | 2024-08-27 00:00:00

Water levels receded on Monday in the south-east river basins but concern grew for a red alert issued in the Indian state of Tripura over heavy rainfall in the next two days.Meanwhile, the north-western regions are set to be flooded...

Banks lament deposit depletion as investors bet on lucrative treasuries

JUBAIR HASAN | 2024-08-27 00:00:00

Government securities (G-sec) become hotcakes to institutional and individual depositors as their investments in treasury bills and bonds increased manifold in recent times, in an unhappy coincidence with bank deposit squeeze.Bankers and officials say allured by a record rise in...

Ansar agitators arrested as saboteurs, whisked into jail

FE REPORT | 2024-08-27 00:00:00

Some 377 Ansar members have been held and whisked to jail after clashes with student-people vigilantes on Sunday night after government Secretariat gatecrash, witnesses and officials said.A Dhaka court Monday sent the auxiliary law-enforcers, including two female members, to jail...

BSEC's plan to eavesdrop on stakeholders' conversation awaits MoF nod

SYFUL ISLAM | 2024-08-27 00:00:00

Arrangements were all set by the securities regulator under now-sacked Prof Shibli Rubayat to set a virtual booby trap on bourses in cahoots with a state telecommunications agency to gather information about online activities and voice-call records of stock-market investors,...

Inclusive development for an equitable country

Md Tauhidul Alam | 2024-08-27 00:00:00

Through the war of independence, the people of Bangladesh sought to establish a country free from exploitation and deprivation, where every citizen would enjoy fair treatment and access to basic rights and benefits. It is deeply regrettable that even after...

Embankments require urgent renovation

2024-08-27 00:00:00

The embankments along the Muhuri River in Feni district are in a state of disrepair, presenting a critical threat to the safety and livelihood of the residents in the surrounding areas. Despite the vital role these embankments play in flood...

Ensure supply of food, clean water in flood-hit areas

2024-08-27 00:00:00

In recent days, continuous heavy rainfall in India's Tripura state and Bangladesh's eastern regions has led to one of the most devastating floods in memory, affecting nearly 11 districts, with the people of Feni and Cumilla being hit the hardest....

Forecasting flying rivers

Syed Fattahul Alim | 2024-08-27 00:00:00

The flash floods that struck the north-eastern and south-eastern districts of Bangladesh on August 20 shocked many and confused others about why those (floods) happened at all at a time when the interim government in the wake of a bloody...

Routes loan sharks chose to devour banks

Shamsul Huq Zahid | 2024-08-27 00:00:00

The number of delinquent borrowers who have ripped the country's private and public banks is unknown. Together, these plunderers have brought the banking industry to its knees. The interim government that assumed power following what many fondly describe as the...

Chief adviser spells out mission to be accomplished

2024-08-27 00:00:00

In his inaugural address to the nation on Sunday last after taking over the responsibility of the chief adviser of the interim government, Dr Muhammad Yunus has firmly mentioned the preeminently historic mission he and his team of advisers have...

Hasina falls, lands in India & leaves behind a sputtering economy

Muhammad Mahmood | 2024-08-27 00:00:00

I acknowledge that I have borrowed the first half of the title of this article from the Daily Telegraph (online) of India. It is not surprising that that Sheikh Hasina landed in India. During her 15-year rule, India has enjoyed...

Telegram CEO Pavel Durov arrested at French airport

2024-08-26 00:00:00

PARIS, Aug 25 (BBC): Telegram chief executive Pavel Durov has been arrested by French police at an airport north of Paris.Mr Durov was detained after his private jet had landed at Le Bourget Airport, French media reported.According to officials the...

Canada rail employees ordered back to work

2024-08-26 00:00:00

OTTAWA, Aug 25 (AFP): Canada's industrial relations board on Saturday ordered striking rail workers back on the job and imposed binding arbitration to settle labor disputes at two major freight carriers that threatened to upend the North American economy.Stoppages began...

Bank of China President Liu Jin resigns

2024-08-26 00:00:00

BEIJING, Aug 25 (Reuters): Bank of China Vice Chairman and President Liu Jin resigned for personal reasons effective on Sunday, the bank said.The state-owned lender said its board had approved Chairman Ge Haijiao to serve as acting president, according to...

Brazil’s central bank chief warns fiscal issues impact monetary policy transmission

2024-08-26 00:00:00

JACKSON HOLE, Aug 25 (Reuters): Brazil's central bank chief said on Saturday that discussing monetary policy transmission will become increasingly difficult without addressing fiscal issues, citing the growing burden of public debt driven by expanded government spending.Speaking at the Kansas...

Asia spot LNG prices ease from 8-month top on weaker demand

2024-08-26 00:00:00

SINGAPORE, Aug 25 (Reuters): Asian spot liquefied natural gas (LNG) prices eased last week from a more thaneight-month top on the back of easing spot demand and as European gas prices also fell.The average LNG price for October delivery into...

US new home sales rise

2024-08-26 00:00:00

Sales of new US single-family homes rose to their highest level in more than a year in July as a drop in mortgage rates boosted demand, offering more evidence that the housing market is recovering, reports Reuters.New home sales jumped...

Thai central bank will use policy mix for economic recovery

2024-08-26 00:00:00

BANGKOK, Aug 25 (Reuters): Thailand's central bank will use a policy mix to address uneven recovery in Southeast Asian's second-largest economy, its governor said on Saturday.Interest rates alone cannot fix economic problems, Bank of Thailand Governor Sethaput Suthi-wartnarueput told a...