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European stocks close down

AFP | 2014-05-20 00:00:00

 LONDON: Europe's main stock markets closed down on Tuesday, with London's FTSE 100 index of top companies dropping 0.62 percent to close at 6,802 points. Frankfurt's DAX 30 slid 0.21 percent to 9,639.08 points, while the CAC 40 in Paris...

Remove Islamic Foundation DG: Hefajat

2014-05-20 00:00:00

Leaders of Hefajat-e-Islam Bangladesh on Tuesday demanded removal and punishment of Islamic Foundation Director General (DG) Shamim Mohammad Afzal for ‘destroying’ the country’s religious harmony, social peace and discipline. Hefajat Ameer Allama Shah Ahmed Shafi, its secretary general Junaid Babunagari...

Rajshahi needs more steps to eradicate urban poverty

2014-05-20 00:00:00

RAJSHAHI, May 19 (BSS): In the wake of gradually rising slum, poor and extreme poor people, more schemes needed to eradicate urban poverty in the city alongside eliminating other poverty linked social crimes especially addiction of drugs and its trafficking,...

Magura Boro farmers happy over good yield, fair price

Our Correspondent | 2014-05-20 00:00:00

MAGURA, May 19: Farmers in Magura are overjoyed with a bumper production and high price of Boro paddy. Newly harvested Boro paddy has started to appear in the markets of the district. A bumper production has been achieved in the...

Extreme heatwave makes life miserable in Chuadanga

Our Correspondent | 2014-05-20 00:00:00

CHUADANGA, May 19: The people of Chuadanga district are suffering greatly due to absence of rainfall as a heatwave is sweeping across the district. The excessive heat, high sunshine and unbearable hot wind crippled people's life in the district. The...

Environment Day preparatory meet held in Faridpur

2014-05-20 00:00:00

FARIDPUR, May 19 (BSS): A preparatory meeting to observe the National Environment Day on June 5 was held in the conference room of the deputy commissioner (DC) here today. The meeting approved the programme of the day. The programme included...

Rangamati malaria situation improves

2014-05-20 00:00:00

RANGAMATI, May 19 (BSS): The prevalence of malaria in the district is now on the decline due to preventive measures taken by government and non-government organisations. The rate of deaths from the disease, whose dreadfulness has taken a place in...

FFs get over Tk 100m as allowance in Naogaon

2014-05-20 00:00:00

NAOGAON, May 19 (BSS): The government distributed Taka 10,43,64,000 among 2,299 freedom fighters (FFs) as allowance in the district in the current 2013-2014 fiscal year, official sources said. Department of Social Welfare distributed Taka about 3,000 per month as allowance...

News in brief

2014-05-20 00:00:00

IU summer vacation from May 25 Islamic University (IU) in Kushtia goes on a 13-day vacation from May 25 on the occasion of summer and Shab-e-Meraj. The administrative offices will remain closed from May 27 to June 5 while academic...

3 hurt as 2 groups clash in Khulna

2014-05-20 00:00:00

KHULNA, May 19 (BSS): Three youths including two students of Government Mazid Memorial City College were injured as they were assaulted by their rival group on the campus today. The injured are Fakrul and Mubin, 1st year students of the...

Tea seller chopped to death in Bagerhat

2014-05-20 00:00:00

BAGERHAT, May 19 (UNB): A tea stall owner was slaughtered to death by miscreants at Sonakura village in Rampal upazila early today. The deceased was identified as Harun Sheikh, 45, son of late Abdus Sattar Sheikh of the village. Officer-in-charge...

One killed in Pabna road accident

2014-05-20 00:00:00

PABNA, May 19 (BSS): A man was killed in a road accident at Tebunia Bazar on the Pabna-Ishwardi Highway under Atghoria upazila of the district this morning. The deceased was Abdul Hakim, 35, son of Ali Ahmed of Sanjoypur village...

Photo: JHALAKATHI: In the backdrop of scorching summer heat

2014-05-20 00:00:00

Photo: PATUAKHALI: Palm kernels, a short-lived summer delicacy,

2014-05-20 00:00:00

Mamata yet to greet Modi

2014-05-20 00:00:00

KOLKATA, May 19 (agencies): West Bengal chief minister Mamata Banerjee has not called Narendra Modi to congratulate him on the BJP's huge victory. Modi has also not called her, though he spoke to Tamil Nadu chief Minister Jayalalithaa late on...

Flight MH370 was \\\'shot down\\\' in military drill

2014-05-20 00:00:00

MANILA, May 19 (Reuters): A new book has made the shocking claim that the missing Malaysia Airlines Flight MH370 was accidentally shot down in a military training exercise. The aircraft was shot out of the sky in error as part...

Modi family swells with pride at tea boy-turned-PM

2014-05-20 00:00:00

UNJHA, May 19 (AFP): As she savoured the prospect of her brother Narendra becoming India's prime minister, Vasantiben Modi chortled at the idea that a one-time tea boy would soon be calling the shots over Delhi's traditional elite. "They can't...

Thai PM refuses to step down

2014-05-20 00:00:00

BANGKOK, May 19 (agencies): Thailand's acting prime minister has met with a group of senators to seek a solution to the country's ongoing political crisis, as anti-government protesters continue to pressure the Cabinet to resign. A participant said Niwattumrong Boonsongpaisan's...

Modi for new dept to fight infiltration

2014-05-20 00:00:00

India's next Prime Minister Narendra Modi has already told the home ministry to set up a new department to combat illegal migration from neighbouring countries like Bangladesh and Pakistan. Modi has told Home Secretary Anil Goswami to set up the...

Bus fire in Colombia kills at least 32 children

2014-05-20 00:00:00

BOGOTA, May 19 (AP): An overcrowded bus carrying young people home from a church service caught fire on a street in a northern city Sunday and at least 32 children were killed, authorities said.  The regional police chief, Col. Adan...

news digest

2014-05-20 00:00:00

Indian soldier killed, two wounded near Kashmir border SRINAGAR, May 19: An Indian army soldier has been killed and two others wounded in a skirmish near the heavily militarised de facto border with Pakistan in Indian Kashmir, a defence spokesman...

Photo: DEMOCRATIC PEOPLE\\\'S REPUBLIC OF KOREA : North Korean leader Kim Jong-Un

2014-05-20 00:00:00

Walton set to install electric, electronic home appliance making plant

Badrul Ahsan | 2014-05-20 00:00:00

Walton Hi-Tech Industries Ltd (WHIL), an arm of Walton, is set to set up the country's biggest electric and electronic home appliances manufacturing plant aiming to capture a big share of the domestic and regional market. The company has bought...

European central banks renew gold agreement, says ECB

2014-05-20 00:00:00

 FRANKFURT, May 19 (AFP): A group of 21 European central banks said on Monday they have no plans to sell "significant" amounts of gold over the next five years. In a joint statement, the central banks of the 18 eurozone...

China stocks stocky

2014-05-20 00:00:00

Chinese shares were up in morning trade Tuesday, helped by rises in US stocks, dealers said. The benchmark Shanghai Composite Index gained 0.54 per cent, or 10.78 points, to 2,015.96. The Shenzhen Composite Index, which tracks stocks on China’s second...

Farm exports could support BoP-inclusive growth: Experts

FE Report | 2014-05-20 00:00:00

Agribusiness has the potential in the context of BoP (Balance of Payment) inclusive growth of the country where export will play the instrumental role, experts at a roundtable on Monday said. The experts at the roundtable on "Rethinking agriculture and...

Tokyo unveils plan to lure foreign talent

2014-05-20 00:00:00

TOKYO, May 19 (AFP): New Tokyo governor Yoichi Masuzoe on Monday pledged aggressive deregulation drives to lure foreign talent to his city to spur growth and take back its reputation as Asia's business hub from rivals such as Singapore. Japan...

EU may challenge $8.7b US tax breaks in Boeing-Airbus trade dispute

2014-05-20 00:00:00

PARIS, May 19 (Reuters): The European Union (EU) is considering raising the pressure on the United States in the world's largest trade dispute by challenging tax breaks that encouraged planemaker Boeing to keep production of its latest jet in Washington...

News Briefs

2014-05-20 00:00:00

ICICI Bank announces 0.10pc cut in home loan rates MUMBAI: ICICI Bank, the largest private sector lender, has announced a 0.10 per cent reduction in home loan rates for a limited period, bringing them on par with bigger rival State...

Tokyo shares rise by 0.86pc

2014-05-20 00:00:00

Tokyo stocks rose 0.86 per cent on Tuesday morning, tracking gains on Wall Street and as the weaker yen gave exporters a boost. The benchmark Nikkei 225 index added 119.90 points to 14,126.34 by the break, while the Topix index...