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Mujib, Hasina's names dropped from medical colleges

FE REPORT | 2024-11-01 00:00:00

The government has renamed six medical colleges, dropping names of Sheikh Hasina, her father Sheikh Mujibur Rahman and other persons.To this end, the Medical Education and Family Welfare Division issued a circular on October 30.The Ministry of Health and Family...

BB clarifies cash injection into market

FE REPORT | 2024-11-01 00:00:00

The central bank has clarified its position regarding the latest injection of high-powered money into the market.As emergency strikes, according to the Bangladesh Bank (BB), this liquidity has been injected for the time being.It made the clarification following a news...

HC scraps sedition case against Tarique Rahman

FE REPORT | 2024-11-01 00:00:00

The High Court (HC) on Thursday scrapped the trial proceedings of a sedition case filed against BNP Acting Chairman Tarique Rahman, ETV Chairman Abdus Salam and two others.The HC bench of Justice AKM Asaduzzaman and Justice Syed Enayet Hossain delivered...

BB reduces two-way price quoting spread for primary dealers

FE REPORT | 2024-11-01 00:00:00

The central bank has reduced the spread of two-way price quoting of primary dealer (PD) banks to bring dynamism in the country's secondary bond market, officials said.Under the new rules, the spread will be fixed on the basis of bid-ask...

6-member search committee set up

FE REPORT | 2024-11-01 00:00:00

The interim government has constituted a six-member search committee to recommend candidates for the next Election Commission (EC), which is responsible for overseeing free and fair elections.The committee, outlined in a Thursday gazette signed by cabinet secretary Dr Sheikh Abdur...

The golden girls of Bangladesh hit Dhaka airport

2024-11-01 00:00:00

The golden girls of Bangladesh hit Dhaka airport on Thursday as they returned home victorious after clinching the Women's SAFF Championship title, humbling the hosts Nepal on Wednesday. Chief Adviser Professor Muhammad Yunus will accord a reception to the team...

Dr Yunus to attend Baku COP29 confce

FE REPORT | 2024-11-01 00:00:00

Chief Adviser Dr Muhammad Yunus will attend the COP29 conference, scheduled to start on November 13 in the Azerbaijan capital Baku, Foreign Affairs Adviser Touhid Hossain said on Thursday.Talking to reporters at the foreign ministry, he, however, said that the...

BTTC for allowing imports duty-free

YASIR WARDAD | 2024-11-01 00:00:00

To stabilise onion prices in the local market, the Bangladesh Trade and Tariff Commission (BTTC) has recommended the National Board of Revenue (NBR) to allow duty-free import of onions. The existing customs duty is 5.0 per cent.The BTTC put forward...

Prayer Timings (2024-11-01)

2024-11-01 00:00:00

Jatiya Party office set on fire

FE REPORT | 2024-11-01 00:00:00

Sporadic clashes, chase and counter-chase took place between an 'Anti-Fascism Students-Workers-People' combine and Jatiya Party men late on Thursday evening at Kakrail in the city. Jatiya Party's central office at Kakrail was also set on fire during the clashes. Sources...

Govt to set up separate admin facilities for seven colleges

FE REPORT | 2024-11-01 00:00:00

The government has agreed to set up separate administrative facilities for the seven colleges seeking a separate univerisity, press secretary to the chief adviser Shafiqul Alam said on Thursday.Addressing a media briefing, he said that the decision was taken in...

e-invoice NBR's latest trial on VAT system

DOULOT AKTER MALA | 2024-11-01 00:00:00

Introducing e-invoice is the latest trial for mending porous VAT-collection system as the revenue board opts for dumping device-based taxing after prolonged piloting, sources say. The National Board of Revenue (NBR) has moved to introduce electronic invoicing system to automate...

Govt definitely will bring back stolen money

FE REPORT | 2024-11-01 00:00:00

Chief Adviser Professor Muhammad Yunus on Thursday said that the government would bring back the money laundered abroad during the past regime."We will definitely make it happen," the Chief Adviser told US Charge d' áffaires Helen LaFave who paid a...

Two garment workers shot, several injured

FE REPORT | 2024-11-01 00:00:00

Two garment workers were shot while several others injured in their clashes with joint forces during unpaid-wage protests in Dhaka's Kafrul-Mirpur area on Thursday, sources said. The injured, identified as Al Amin Hossain, 17, and Jhuma Akhter, 15, both operators...

White Paper body indicates massive irregularities in four major sectors

FE REPORT | 2024-11-01 00:00:00

Initial findings of the White Paper committee on State of Bangladesh Economy have indicated large-scale irregularities, especially in areas of data, cost and information, in four major sectors, including energy and physical infrastructure.The committee also unearthed a nexus among politicians,...

Banks free to fix interest rate on RFCD A/Cs

FE REPORT | 2024-11-01 00:00:00

Commercial banks are now free to fix the interest rate on savings in the Resident Foreign Currency Deposit (RFCD) accounts.They can, from now on, set the rates based on bank-customer relationship or the market instead of following the Secured Overnight...

Adani shuts one power unit over payment backlog

M AZIZUR RAHMAN | 2024-11-01 00:00:00

India's Adani conglomerate shut one of its two power units in Jharkhand that halved its cross-border electricity supply to Bangladesh in a hitch over payment backlog, sources said. They said Adani Power Jharkhand Ltd (APJL) did it as the interim...

India aim to avoid clean Test sweep

2024-11-01 00:00:00

MUMBAI, Oct 31 (PTI): Pushed to a corner like never before, India face their biggest challenge at home when they clash with New Zealand in the must-win third Test as they are left to salvage pride and fight a perception...

Shakib unlikely to play ODIs against Afghanistan, says BCB chief

2024-11-01 00:00:00

The Bangladesh Cricket Board (BCB) president Faruque Ahmed has said on Thursday that Shakib Al Hasan is unlikely to play in the three-match ODI series against Afghanistan in Sharjah, reports ESPN cricinfo. Faruque stated it was Shakib's decision to opt...

Women footballers to receive due salaries soon: Govt

2024-11-01 00:00:00

Bangladesh women's team footballers will receive their due salaries as soon as possible, said Shafiqul Alam, press secretary to the chief adviser of Bangladesh's interim government, on Thurs-day, reports UNB.The women's team beat Nepal in the SAFF Championship final to...

Tigers taste second worst defeat in their Test history

2024-11-01 00:00:00

CHATTOGRAM, Oct 31 (Agencies): On a day when Ban-gladesh Women's football team, returned home to hero's welcome after winning the SAFF Championship, Bangladesh male cricket team produced one of the most shocking performances to taste an ignominious defeat to South...

SAFF Women's Champions get hero's welcome

2024-11-01 00:00:00

Bangladesh women's national football team which won the SAFF Women's Championship 2024 returned to Dhaka on Thursday afternoon, greeted with fanfare and a warm welcome by officials, fans, and Bangladesh Football Federation (BFF) leaders, who proudly celebrated the team's remarkable...

A layer of thick fog envelops Meherpur

2024-11-01 00:00:00

A layer of thick fog envelops Meherpur town as winter sets in — Focus Bangla

Man to die for killing wife in Bogura

2024-11-01 00:00:00

BOGURA, Oct 31 (BSS): A court here on Thursday sentenced a man to death for killing his wife in Shahjahanpur upazila of the district in 2005.District and Sessions Judge Jalal Uddin handed down the verdict to Chand Mia, hailed from...

University student dies in Barishal bus crash triggering highway blockade

2024-11-01 00:00:00

BARISHAL, Oct 31 (UNB): A speeding bus has crushed a university student to death triggering a blockade of Dhaka-Barishal highway for several hours.The deceased Maisha Fauzia Mim, a student at the University of Barishal, was crossing a road near Gate...

Horse carts a commonplace in char areas of Rangpur

OUR CORRESPONDENT | 2024-11-01 00:00:00

RANGPUR, Oct 31: To the need of commoners, horse-drawn carts still facilitate movement across char (shoal) areas in Rangpur district though its use as a mode of transport has become obsolete in most parts of the world.Both demand and use...

Modhumati erosion fury ravages Magura

OUR CORRESPONDENT | 2024-11-01 00:00:00

MAGURA, Oct 31: Erosion by the Modhumati River erosion has taken a turn for the worse in Mohammadpur upazila of Magura, much to the worry of the local residents. Modhumati River erosion heat the upazila for the first time in...

Big Tech's AI splurge worries investors about returns ahead of Amazon results

2024-11-01 00:00:00

Big technology companies including Microsoft and Meta are stepping up spending to build out AI data centers in a rush to meet vast demand, but Wall Street is hungry for a quicker payday on the billions invested, reports Reuters.Microsoft and...

Companies boost social and climate reporting amid ESG backlash

2024-11-01 00:00:00

Many US companies have stepped up reporting on environmental and social matters in recent years even with sustained pressure from conservative politicians, data reviewed by Reuters shows, reports Reuters.The trend shows the importance investors and regulators now place on environmental,...

Major Gulf markets gain on Israel-Hezbollah ceasefire hopes

2024-11-01 00:00:00

Most major stock markets in the Gulf rose in early trade on Thursday, buoyed by hopes for a potential ceasefire deal between Israel and Hezbollah, reports Reuters.Lebanon's prime minister expressed hope on Wednesday that a ceasefire deal with Israel would...