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Govt role in medical entry test challenged

2014-08-28 00:00:00

The government's supervision of admissions to medical and dental colleges has been challenged in the High Court (HC), reports bdnews24.com. A petition by lawyer Younus Ali Akhand filed Wednesday challenged the government move. According to the Medical and Dental Council...

Photo: Pilgrims waiting in a queue at Ashkona Hajj Camp

2014-08-28 00:00:00

Gas crunch turns severe, hits the industries hard

Ziaur Rahman and Shah Alam Nur | 2014-08-28 00:00:00

An acute shortage of energy and power, especially natural gas, has emerged as a major threat to country's economy as it is causing huge production losses in mills and factories, including the export-oriented ones. Sources in business circles said in...

Rain triggers water-logging in city

Jubair Hasan | 2014-08-28 00:00:00

People's sufferings knew no bounds as many streets in the capital got inundated and wayside shops swamped Wednesday as poor drainage system went haywire and floods around the city also blocked rainwater from flowing out.           Water-logging even for light rain...

Need for strict traffic rules enforcement

Shahiduzzaman Khan | 2014-08-28 00:00:00

Traffic congestion in the capital has reached an unbearable stage in recent days. It is increasing beyond manageable proportions, providing no visible solution in the near future. The gridlock is taking toll on the country's trade and economic activities by...

IMF chief charged with \\\'negligence\\\'

2014-08-28 00:00:00

PARIS, Aug 27 (AFP):  IMF chief Christine Lagarde, one of the world's most powerful women, announced Wednesday she had been charged with "negligence" over a multi-million-euro graft case relating to her time as French finance minister. The shock announcement came...

CPA given 15 days to meet workers demands

Our Correspondent | 2014-08-28 00:00:00

CHITTAGONG, August 27: Businesses are worried, as cargo handling in the Chittagong Port is likely to be disrupted following the port workers' 15-day ultimatum to accept their three-point charter of demands. Ruling party leader ABM Mohiuddin Chowdhury Wednesday addressed a...

NBR cuts CI sheet tariff value by 10pc

FE Report | 2014-08-28 00:00:00

The National Board of Revenue (NBR) has cut tariff value of CI (corrugated iron) sheets by 10 per cent in a bid to lower the prices of the item largely used by rural people. The Value Added Tax (VAT) wing...

Rangpur, Barisal divs home to highest number of poor Poverty Maps launched

FE Report | 2014-08-28 00:00:00

About 18 per cent of the country's population live below poverty line with Rangpur and Barisal divisions having the highest number of the poor, according to the Poverty Maps 2010. The document also said the least number of poor people...

Photo: BNP staged a demonstration

2014-08-28 00:00:00

Prayer Timings

2014-08-28 00:00:00

TV presenter killed in city

2014-08-28 00:00:00

Miscreants killed Mawlana Nurul Islam Faruki, a presenter of an Islamic TV programme of the Channel I, at Purba Rajabazar in the city on Wednesday night, report online media outlets and private TV channels. Details about the killing were not...

First Hajj flight takes off

2014-08-28 00:00:00

The first Hajj flight carrying 409 Bangladeshi pilgrims to Saudi Arabia took off from Hazrat Shahjalal International Airport in the capital on Wednesday morning.  The flight 'BG-1011' of Biman Bangladesh Airlines departed from the airport at 7:05am.       — UNB  

15 missing as trawler sinks in Meghna

2014-08-28 00:00:00

KISHOREGANJ, Aug 27: At least 15 people went missing as a trawler sank in the Meghna River at Billalpur in Bhairab upazila on Wednesday afternoon. The trawler with 25 passengers on board sank around 2:15 pm due to strong current...

Natore students fall sick after having snacks

2014-08-28 00:00:00

At least a hundred student of a girls' school in Natore have been admitted to hospital as they fell ill after having food given by the school authorities.     — bdnews24.com

Interest rate on 2 T-bonds falls significantly

Siddique Islam | 2014-08-27 00:00:00

The interest rate on two more Bangladesh Government Treasury Bonds (BGTBs) fell significantly Tuesday, as commercial banks rushed to offer bids in the auctions, officials said. A total of 88 bids amounting to Tk 29.06 billion was submitted by the...

ICB moves to take action against 12 fake ICT cos

Syful Islam | 2014-08-27 00:00:00

The Investment Corporation of Bangladesh (ICB) moves to take legal action against a dozen ICT companies that disappeared with money borrowed from the Equity and Entrepreneurship Fund (EEF), competent sources said. They said the ICB move came after Bangladesh Bank...

Stocks end higher for 2nd straight session

FE Report | 2014-08-27 00:00:00

Stocks ended higher for the second straight session Tuesday with significant improvement in turnover due to strong buying and selling pressure. Following previous day's uptrend, market opened the session on an upbeat note gaining about 43 points within the first...

Jet Airways hits five-month low

2014-08-27 00:00:00

MUMBAI, Aug 26 (Business Standard): Jet Airways has dipped 4 per cent to Rs 224, extending its previous day's 5 per cent fall on BSE, after the credit rating agency ICRA has downgraded the company's loan ratings from "BB" to...

S&P 500 surpasses 2,000 for 1st time on takeover speculation

2014-08-27 00:00:00

NEW YORK, Aug 26 (Reuters): US stocks rose, sending the Standard & Poor's 500 Index above 2,000 for the first time, on signs of more corporate takeovers and stimulus for the European economy. Burger King Worldwide Inc added 16 per...

Photo: Green Delta Insurance Company Limited

2014-08-27 00:00:00

Photo: Training Institute of Modhumoti Bank Ltd.

2014-08-27 00:00:00

The spectre of inflation: Coping with macro-economic scenario

Hasnat Abdul Hye | 2014-08-27 00:00:00

No sooner was the monetary policy for the first half of the current fiscal (2014-15) announced than came the news about inflation raising its head in the economy. The revelation is disconcerting because the monetary policy statement (MPS) pegged containing...

Bangladesh floods in 2014: Is it recurrence of 1987?

Md. Rashed Chowdhury | 2014-08-27 00:00:00

As reported by the media, swelling rivers in the country's north inundated fresh areas, and flood was heading for Dhaka. According to the Water Development Board (WDB), the Brahmaputra, Jamuna, Kangsha, Surma, Dhaleswari and Lakhya flowed above danger level in...

SME loans to be better directed

2014-08-27 00:00:00

Disbursement of loans to the SME (Small and Medium Enterprises) sector has significantly gone up lately. The central bank data claims that this growth is consistent with its earlier promises. But on examination of the data one finds that the...

Exports to India: Hopes dashed

Abu Ahmed | 2014-08-27 00:00:00

Many of us expected that in the coming years, Bangladesh's exports to India would only go up as India promised to dismantle the lingering barriers. But the optimism has now taken a back seat. The harsh reality is that the...

Stopping capital flight

Md. Abdul Halim | 2014-08-27 00:00:00

Foreign exchange rate is vital for the country's economy. Bangladesh has been experiencing a floating exchange rate regime since May 2003. Actually it is not floating exchange rate; it is a managed exchange rate system in our economy. We have...

Urban malady of child beggars

2014-08-27 00:00:00

The other day, I was going to Gulshan-1 from Mohammadpur. I boarded a tempo. When it reached Mohakhali, some passengers got down at the stoppage. Suddenly, a minor boy approached our tempo. Surprisingly enough, the boy had no piece of...

Clashes on campus of CUET

2014-08-27 00:00:00

It is indeed shameful to see that due to the clashes between two Bangladesh Chhatra League (BCL) factions, the Chittagong University of Engineering and Technology (CUET) has been declared closed sine die by the university authorities. It is nothing new;...

Food safety

2014-08-27 00:00:00

Food adulteration has become so rampant in the country that we always feel scared while eating anything. The media often inform us that dangerous chemicals are being used in this or that food item. I was shocked to learn that...