MUMBAI, July 19 (PTI): Relaxing norms for alternative investment funds, market regulator Sebi today revised certain guidelines with regard to 'disciplinary history' of the fund. Alternative investment funds (AIFs) are basically funds established, or incorporated in India, for the purpose...
NEW DELHI, July 19 (Reuters): Unions representing workers at Coal India Ltd (CIL), the world's largest coal miner, will oppose any move to sell a stake in the state-owned company as part of the new government's plan to shore up...
HONG KONG, July 19 (Reuters): Hong Kong shares ended lower on Friday, tracking losses in global markets after the downing of a Malaysian Airlines plane over Ukraine sent investors scurrying into defensive assets. The Hang Seng Index closed down 0.3...
TOKYO, July 19 (Reuters): Japan's Nikkei share average dropped to a one-week low on Friday and posted its biggest one-day fall in three weeks as investors turned risk averse on news a Malaysian Airlines passenger jet was shot down near...
Saleh Akram | 2014-07-20 00:00:00
A landmark verdict by the Permanent Court of Arbitration (PCA), The Hague, on July 07 awarded Bangladesh an area of 19,467 square kilometres out of total 25,602 sq km under dispute with India in the Bay of Bengal. The PCA...
Maswood Alam Khan from Maryland, USA | 2014-07-20 00:00:00
One hundred years back, on the morning of June 28, 1914, in the Bosnian capital of Sarajevo, a 19-year-old Bosnian nationalist named Gavrilo Princip shot and killed Franz Ferdinand and his wife Sophie. Franz Ferdinand was the future heir to...
A large part of Dhaka city is in the grip of a severe gas crisis since the holy month of Ramadan began on the last day of the last month. Most residents in the affected areas are not getting even...
Shahiduzzaman Khan | 2014-07-20 00:00:00
The introduction of automated systems in Chittagong Customs House (CCH) was supposed to reduce corruption, but graft is taking place there in vast magnitude. The authorities have failed to fully implement automation. Some manual systems have been retained in export-import...
Rahman Jahangir | 2014-07-20 00:00:00
Many passengers are seen disembarking from buses to walk on the footpath along the Suhrawardy Udyan in Dhaka during severe traffic jams. The gridlock between Matsya Bhaban and Shahbag often spans two kilometres up to the intersection near the Foreign...
The savings account bank interest rate remains hardly at five per cent after deduction of tax at source. On the other hand, billions of taka sanctioned by banks have turned into default loans and this money is not recoverable. We...
It was so sad to see in Saturday's newspaper a picture of a little Palestinian girl crying after her house had been shelled. The question of the girl was: "Why did they break my house?" This was a horrendous scene....
Eating outside during the Sehri time is not unusual in Old Dhaka; but now this trend is being practised throughout the city. The eateries in New Dhaka are attracting a good number of customers. Being encouraged, many more restaurants have...
On July 13 last ended the world's one of the most auspicious sporting events-the 20th FIFA World Cup-to the cheers and tears of participating nations. On June 12 last the World Cup kicked off with thirty-two nations divided into eight...
Ajoy Paul | 2014-07-20 00:00:00
In a developing economy like that of Bangladesh, the banking system mainly mobilises and allocates financial resources directly to the ultimate beneficiaries in an institutional way and thereby enhances the country's economic growth. However, to establish good governance in banking,...
Md. Azharul Islam | 2014-07-20 00:00:00
An agreement was signed among its member-states at the sixth BRICS summit meeting held in Fortaleza, Brazil on July 15, 2014 to establish a US$100 billion BRICS Development Bank. Scheduled to be based in Shanghai, China, the BRICS (Brazil, Russia,...
BNP spokesman Mirza Fakhrul Islam Alamgir said Saturday that Dhaka City unit BNP would turn into a stronger one with its new convening committee and will be able to reflect people's hopes and aspirations, reports UNB. "The country is in...
Bangladesh will renew its firm commitment to eliminating child marriage at the first-ever Girl Summit in London on July 22, foreign office sources said Saturday, reports UNB. Prime Minister (PM) Sheikh Hasina will lead the Bangladesh delegation at the summit...
Information Minister Hasanul Haq Inu asked the US envoy Saturday to suggest BNP chief Khaleda Zia shunning militancy, patronising Jamaat-Hefazat and avoiding violence before suggesting her to take part in election, reports BSS. "We hope the US envoy in Bangladesh...
SYLHET, July 19 (UNB): Police in a drive arrested a local leader of Jatiyatabadi Chhatra Dal (JCD) for his suspected involvement in Thursday's clash between two rival groups of JCD from Hazipara area in the city early Saturday. The arrested...
Awami League (AL) presidium member Advocate Sahara Khatun said Saturday the BNP's movement after the Eid would not be successful as the people are not with that party, reports. "The BNP's movement is the movement of burning buses, copies of...
MUNSHIGANJ, Jul 19 (BSS): Shipping Minister Shajahan Khan said Saturday Mawa launch terminal will be relocated to Simulia within next three months. After visiting the Mawa launch terminal, he said this while talking to journalists. Chief engineer of Bangladesh Inland...
As the cost of higher education in private universities in the capital is scaling up day by day, the government is thinking of introducing a strict law to check their profit motive apart from a plan to approve private universities...
FE Report | 2014-07-20 00:00:00
A group of civil society organisations held a human chain in front of the National Press Club on Saturday demanding immediate government steps to save coastal people from the devastation of tidal surge which is hitting the coastal areas along...
Prime Minister (PM) Sheikh Hasina hosted Saturday an Iftar reception in honour of professionals at her official residence Ganabhaban, reports UNB. Vice-chancellors and teachers of public and private universities, journalists, physicians, engineers, lawyers and businessmen were among the guests. The...
RANGPUR, July 19 (BSS): Director General (DG) of the Indian Border Security Force (BSF) Sree Devendra Kumar Pathak at a courtesy meeting with officials of Border Guard Bangladesh (BGB) has committed to stop killings on the common borders. The BSF...
A systematic retrofitting work to make Tejgaon Fire Station building an earthquake resistant one has started for the first time in the country. Retrofitting is a technology that could be used to make a vulnerable building earthquake resistant without demolishing...
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