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BB raises limit to Tk 400K

2024-08-26 00:00:00

The Bangladesh Bank (BB) has ordered commercial banks not to allow cash withdrawals of more than Tk 400 thousand (4 lakh) per account daily.Earlier, the limit was Tk 300 thousand (3 lakh).The central bank has hiked the limit once in...

Metro rail to be declared as a KPI: Adviser

FE REPORT | 2024-08-26 00:00:00

Metro rail services resumed on Sunday after remaining suspended for 37 days due to damages of a couple of stations at Mirpur during the student-led anti-discrimination movement.The first train started at 7:10 am from Uttara north station and reached Motijheel...

Conduit to create black money blocked: Finance Adviser

FE REPORT | 2024-08-26 00:00:00

None would be allowed anymore to produce black money and so legalising undisclosed money through budgetary provision wouldn't be needed, says the Finance Adviser about the accumulated past problem in financial sector. "Our stand is no scope will be given...

Prayer Timings (2024-08-26)

2024-08-26 00:00:00

BB dissolves SIBL board

FE REPORT | 2024-08-26 00:00:00

After Islami Bank and National Bank, Bangladesh Bank (BB) has dissolved the board of directors of the Social Islami Bank Limited (SIBL) in a move to restructure the reeling unconventional bank.At the same time, the banking regulator also reconstituted the...

Ansar men flee after clashes with students

FE REPORT | 2024-08-26 00:00:00

Clashes took place between Ansar men rallying to voice their demand and quota movement students before the former fled at around 9:00 pm on Sunday in the city.Earlier a piece of news spread that agitating Ansar and VDP men reportedly...

Tigers seal historic Test victory vs Pak

2024-08-26 00:00:00

When it mattered most, the Tigers roared collectively to complete a most decorated victory in their Test history when they sealed a perfect 10-wicket win over Pakistan in the two-match series opening game at Rawalpindi on Sunday, reports BSS.It was...

Rooppur NPP project work continues normally

FE REPORT | 2024-08-26 00:00:00

Russia's state-run atomic agency - Rosatom -- asserted on Saturday that the implementation of the Rooppur Nuclear Power Plant (NPP) Project continued normally despite the regime change in Bangladesh and swearing in of the interim government."Implementation of Rooppur NPP project-...

Hold patience, help us do assigned duties

FE REPORT | 2024-08-26 00:00:00

Chief Adviser of the interim government Dr Muhammad Yunus urges the agitating groups staging sit-ins around his office, secretariat and different parts of the capital not to interrupt government's day-to-day activities.In his maiden address to the people of Bangladesh, in...

Public sufferings mount as floodwater receding

FE REPORT | 2024-08-26 00:00:00

Although floodwater has started to recede in the southeastern region, the overall situation has remained dire with communication networks still severely disrupted affecting 5.2 million people.Nearly 1.1 million families stranded face mounting difficulties in accessing essential supplies, medical aid and...

Credits get costlier as policy rate raised to 9.0pc

JASIM UDDIN HAROON & JUBAIR HASAN | 2024-08-26 00:00:00

Regulatory-policy rate is raised by 50 basis points to 9.0 per cent suiting interim government's move to contain inflation-fuelled price rises for a long time.Bangladesh Bank (BB) announced the decision Sunday, which would make funds costlier for both businesses and...

Election timing political decision, people to decide about exit

FE REPORT | 2024-08-26 00:00:00

Urging national unity in building a fair future with equitable rights for all, interim government Chief Adviser Professor Muhammad Yunus Sunday said election timing is completely a political decision and the people are to decide about their exit. Speaking in...

Curse of session jam in universities

2024-08-26 00:00:00

In Bangladesh, session jam at universities has become a major issue. Session jam refers to the inability of students to complete their studies within the stipulated time, resulting in prolonged academic years. This causes mental and financial stress for students...

Upper stream flooding conundrum

2024-08-26 00:00:00

The Indian government portrays Bangladesh as a close ally with a special relationship, a bond that may have been stronger in the past with the previous administrations. However, recent actions suggest otherwise. Border killings persist, essential goods exports are halted...

Mass resignation and the way forward

Neil Ray | 2024-08-26 00:00:00

Never before has the country seen mass resignations of this scale. The resignation of the country's ousted premier opened the floodgate of voluntary stepping down by people in high positions of the three organs of the government---the legislative, executive and...

Revolution before us

Syed Fattahul Alim | 2024-08-26 00:00:00

Neither students nor the masses who joined them in the political upheaval that reached its peak on August 5, could, perhaps, comprehend what they had done. That the entire nation owned August 5 and was ready to defend it at...

Pruning unnecessary projects a pragmatic step

2024-08-26 00:00:00

The decision by the interim government to list unessential and politically motivated projects for axing is a commendable and timely step. By streamlining development priorities, the interim government aims to avoid the wastage of public funds and ensure that resources...

WHO declares global health emergency

Muhammad Zamir | 2024-08-26 00:00:00

The world's attention is now focused on another emerging health crisis. It has issued its highest level of alert for the viral disease - named Mpox which is rapidly spreading in parts of Africa.Analyst Areesha Lodhi has pointed out that...

Indonesia election body to issue new rules

2024-08-26 00:00:00

JAKARTA, Aug 25 (Reuters): Indonesia's election body secured parliament's nod on Sunday to issue new rules in line with demands from protesters, who have been furious over an attempt by allies of outgoing President Joko Widodo to change eligibility requirements...

13 perish as boat with migrants sinks off Yemen coast

2024-08-26 00:00:00

CAIRO, Aug 25 (AP): A boat carrying migrants sank off the coast of Yemen, leaving more than two dozen people dead or missing, the U.N. migration agency said Sunday, the latest in a string of shipwrecks that have left scores...

Pakistan bus crashes kill at least 35

2024-08-26 00:00:00

ISLAMABAD, Aug 25 (Reuters): Two bus accidents in northeast and southwest Pakistan killed at least 35 people on Sunday, the authorities said.Twelve pilgrims died on the Makran Coastal Highway in the southwest, the interior ministry said, while a rescue official...

Cities on high alert in Brazil

2024-08-26 00:00:00

BRASILIA, Aug 25 (BBC): A crisis cabinet has been set up by the São Paulo state government to deal with wildfires which have put 30 Brazilian cities on alert.Flames have killed two people and smoke has disrupted traffic on a...

SpaceX will return stranded astronaut couple in Feb

2024-08-26 00:00:00

NEW YORK, Aug 25 (BBC): Two Nasa astronauts who have been stuck in space for over two months will return to Earth in February 2025 with SpaceX.Nasa said the Boeing Starliner spacecraft the astronauts Sunita Williams and Barry Wilmore had...

Taliban vice and virtue laws provide 'distressing vision' for Afghanistan

2024-08-26 00:00:00

KABUL, Aug 25 (AP): The Taliban's new vice and virtue laws that include a ban on women's voices and bare faces in public provide a "distressing vision" for Afghanistan's future, a top U.N. official warned Sunday.Roza Otunbayeva, who heads the...

Israel, Hezbollah exchange heavy fire

2024-08-26 00:00:00

JERUSALEM, Aug 25 (BBC/AP): Israel says its warplanes have struck Hezbollah targets in Lebanon after detecting moves to launch an aerial attack on Israel.The Israeli military said around 100 fighter jets had destroyed "thousands" of rocket launchers on Sunday morning,...

Telegram CEO held 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...

Saleha Khan, president of the Bangladesh Air Force Women's Welfare Association, hands over relief supplies

2024-08-25 00:00:00

Saleha Khan, president of the Bangladesh Air Force Women's Welfare Association, hands over relief supplies for flood-affected people to air force personnel at Bangladesh Air Force Base Bashar in Dhaka Cantonment on Friday. — Photo ISPR

Ex-MP Sadek Khan arrested from Nakhalpara: DMP

2024-08-25 00:00:00

Former member of parliament Sadek Khan, who represented the Dhaka-13 constituency, was arrested by the Dhaka Metropolitan Police in Dhaka, reports UNB.He was arrested on Saturday evening in the West Nakhalpara area of the capital, according to a post on...

Court sends ex-Justice Manik to jail

2024-08-25 00:00:00

FE DeskA Sylhet Court has sent former Supreme Court judge AHM Shamsuddin Chowdhury Manik to jail.Judge Alamgir Hossain of Sylhet Judicial Magistrate's Court-1 passed the order on Saturday afternoon, the district police's court inspector, Jamshed Alam, confirmed.Jamshed said the Kanaighat...

Rafiqul Islam new BGMEA president

2024-08-25 00:00:00

FE REPORTKhandoker Rafiqul Islam, managing director of Designtex Knitwear Ltd, has been elected as the president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA).The board of the apparel trade body elected Mr Islam as the new president at an emergency...