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The siege of Islamabad: The spectre of a \\\'third umpire\\\'

S Iftikhar Murshed from Pakistan | 2014-09-01 00:00:00

"We must laugh at man to avoid crying for him," said Napoleon Bonaparte in one of those rare occasions that he was able to lose himself in the entrancing pleasure of a single moment's solitude. But there are times when...

Is monetary policy working?

M.A. Taslim concluding this economic analysis, in continuation of his write-up appearing on Page 1 & Page 7 of today’s issue of the FE | 2014-09-01 00:00:00

It was suggested at a recent meeting organised by a research institute that the low program growth rate of money does not indicate the true intention of Bangladesh Bank (BB). The decline in domestic credit must have convinced BB that...

Formulate MPO enlistment policy, PM asks ministry

2014-09-01 00:00:00

Prime Minister (PM) Sheikh Hasina asked Sunday the Education Ministry to formulate a specific policy for the enlistment of the schools and colleges under the Monthly Pay Order (MPO) system, reports UNB. "You have to formulate a policy for the...

Peaceful hartal over Faruqi murder

2014-09-01 00:00:00

An eight-hour hartal passed off peacefully across the country Sunday at the joint call of Islami Chhatra Sena and Bangladesh Islami Front to protest the killing of Ahle Sunnat leader Shaikh Nurul Islam Faruqi. Vehicular movement was normal in the...

Disappearances not as much as claimed, says minister

2014-09-01 00:00:00

Minister of state for home Asaduzzaman Khan Kamal says incidents of someone gone missing after picked up by men in uniform should be described as 'abductions' rather than 'enforced disappearances', reports  bdnews24.com. He claims the number of such incidents was...

AL submits financial statement

2014-09-01 00:00:00

The ruling Awami League (EC) submitted its audited financial statement on Sunday to the Election Commission (EC) for the 2013 calendar year, report agencies. According to the statement, the AL's income was nearly double of its expenses in the last...

Ten RU BCL men sued

RU Correspondent | 2014-09-01 00:00:00

RAJSHAHI UNIVERSITY, August 31: The Rajshahi University (RU) authorities have filed a case against ten leaders and activists of Bangladesh Chhatra League (BCL) of the university unit for beating up acting chief engineer and two others employees. Alamgir Hossain, officer...

Contempt of court: Order deferred against Br Fakhrul

2014-09-01 00:00:00

The International Crimes Tribunal (ICT)-1 on held back Sunday its order until October 20 on the contempt of court charge made against barrister AKM Fakhrul Islam, counsel for the condemned war crimes convict Salauddin Quader Chowdhury, a BNP stalwart, reports...

Photo: Prime Minister Sheikh Hasina addressing

2014-09-01 00:00:00

No launch sans certificate can ply, passenger ticket a must

FE Report | 2014-09-01 00:00:00

The government and the owners Sunday drafted a set of consensus recommendations for passenger safety that bars any launch sans fitness certificate and necessary gear from plying country's river routes, as some fatal accidents alarmed all.       Carry passengers beyond capacity...

Another Rab man confesses to involvement, DIG grilled

2014-09-01 00:00:00

NARAYANGANJ, Aug 31 (Agencies):  Another member of Rab-11, who was arrested Wednesday, reportedly made his 'confessional' statement Sunday over his involvement in the sensational seven-murder incident. The statement of Habildar Arif Hossain was recorded at the court of senior judicial...

CRAB to submit memo to IGP today

2014-09-01 00:00:00

Crime Reporters Association of Bangladesh (CRAB) will submit a memorandum to the Inspector General of Police (IGP) today (Monday) demanding punitive action against the police officer responsible for assaulting ETV journalist Akhil Poddar, reports UNB. It was announced at a...

Ban on battery-run rickshaws on JU campus

JU Correspondent | 2014-09-01 00:00:00

The authorities of Jahangirnagar University (JU) have banned plying of battery-run rickshaws on campus considering its bad effects. JU authorities also said if anybody runs battery -run rickshaws on campus violating the decision he will be punished. Md. Nurul Amin,...

Abducted bank official rescued

2014-09-01 00:00:00

SIRAJGANJ, Aug 31 (UNB): The Detective Branch (DB) of police in a drive rescued a bank official from Jhaoil area in Kamarkhanda upazila of the district Saturday night, two days after his abduction by miscreants. The DB also arrested two...

Dhrubeshananda new principal of Dhaka Ramkrishna Mission

2014-09-01 00:00:00

Swami Dhrubeshananda has been appointed as the new principal of Dhaka Ramkrishna Math and Mission, reports BSS. Swami Dhrubeshananda took the charge on August 20 last from outgoing chief of the Mission Swami Ameyananda in a ceremonial reception. Secretary of...

Triple murder One placed on 5-day remand

2014-09-01 00:00:00

A court here on Sunday placed a man, arrested in connection with Thursday's triple murder in the city's Maghbazar area, on a five-day remand, reports UNB. Dhaka Metropolitan Magistrate Mohammad Tarek Mainul Islam Bhuiyan passed the order after police produced...

ATM Shamsuzzaman\\\'s son Kushol jailed for life

2014-09-01 00:00:00

A court sentenced Sunday ATM Shamsuzzaman's youngest son ATM Khalequzzaman Kushol to life imprisonment for murdering his eldest brother ATM Kamruzzaman Kabir, reports UNB. The court also fined him Tk 50,000 and he will have to suffer one year more...

BIMSTEC Secretariat opens on Sept 13

2014-09-01 00:00:00

Sumith Nakandala, new Secretary General of BIMSTEC (Bay of Bengal Initiative for Multi Sectoral Technical and Economic Cooperation), met Sunday Foreign Minister AH Mahmood Ali, reports UNB. During the meeting, the Foreign Minister congratulated Nakandala on his assumption of office...

News in Brief

2014-09-01 00:00:00

Desired career workshop held at Eastern University South Asian Youth Society (SAYS) arranged a seminar on 'Towards a Desired Career in 21st Century' exclusively for the students of Eastern University (EU) at its seminar room in the city recently. Eastern...

weather

2014-09-01 00:00:00

Light to moderate rain or thundershowers accompanied by temporary gusty or squally wind is likely to occur at most places over Dhaka, Khulna, Barisal, Chittagong and Sylhet divisions and at many places over Rajshahi and Rangpur divisions until 6pm today...

Photo: Activists staged a demonstration

2014-09-01 00:00:00

Income inequality, resource centralisation main reasons

Kamrun Nahar | 2014-09-01 00:00:00

Experts held income inequality and centralization of resources and power as the main reasons behind the regional disparity in poverty, as exposed in the recently-released poverty maps. They also feared the trend will hamper the country's poverty alleviation and middle-income...

Test flow of gas from 3rd Shahbazpur field begins

FE Report | 2014-09-01 00:00:00

Test flow of natural gas from the third well of Shahbazpur gas field in Borhanuddin Upazilla under Bhola district, started from Sunday afternoon at a rate of 20 million cubic feet per day (mmcfd), Petrobangla Chairman Hussain Monsur told the...

Junk jar water floods mkt

Shamsul Huda | 2014-09-01 00:00:00

Homes, hotels, restaurants and even wayside sherbet kiosks -- everywhere jar water is available nowadays as a safe drink. But question arose how safe it is.           Unauthorised drinking jar waters have flooded the market, putting public health at risk of...

Fire at Mirpur RMG unit, workers hurt

FE Report | 2014-09-01 00:00:00

Several workers were injured in a fire incident at a garment factory in the capital's Mirpur area on Sunday evening, firemen said. According to them, the fire originated at Cordial Design, located on the third floor of a five-story building...

Left rejects Mamata\\\'s call for anti-BJP alliance

2014-09-01 00:00:00

NEW DELHI, Aug 31 (agencies): Indian left bloc parties, including major partner CPI (M), have ruled out an alliance with Mamata Banerjee's Trinamool Congress to counter BJP in West-Bengal Bidhan Sabha election. The Bengal Chief Minister said in an interview...

Short-term int\\\'l migrants earn higher than others

FE Report | 2014-09-01 00:00:00

Annual incomes of short-term international migrants are much higher at Tk 143,000 each than those of other migrants. Besides, the incomes of international and non-migrants are Tk 83,000 and Tk 90,000 respectively per annum. The figures were revealed Sunday by...

Govt set to allow more rental plants

M Azizur Rahman | 2014-09-01 00:00:00

The government is set to allow the installation of around a dozen privately-owned new and 'expensive' oil-fired power plants without tender, a move termed 'illogical' and 'questionable' by energy experts. Besides, the Power Division under the Ministry of Power, Energy...

BB relaxes rules to attract FDI

Siddique Islam | 2014-09-01 00:00:00

The central bank has relaxed foreign-exchange regulations on repatriation of sale proceeds from equity owned by non-residents in unlisted companies purchased by residents, as a measure to encourage foreign direct investment (FDI) in the country. Under the relaxed rules, the...

Is monetary policy working?

M. A. Taslim | 2014-09-01 00:00:00

Recently a research institute assembled a bevy of economists for a discussion on the biannual publication of Bangladesh Bank (BB), Monetary Policy Statement July-December 2014. The discussion revealed that there were sharp differences of opinions on several issues. The economists...