Onion, potato, egg prices up further

The prices of egg, onion and potato have increased again in the last one week, further exacerbating the woes of the common people.According to market sources, the prices of most other essential items have remained at their previous highs.Meanwhile, finance...

Prayer Timings (2024-06-08)

Today's & Tomorrow's Matches (2024-06-08)

ICT trade bodies seek revision of some provisions

The key ICT sector business associations expressed mixed reaction over the proposed national budget for the fiscal year (FY) 2024-25, calling for revising some of the provisions in it.Bangladesh Association of Software and Information Services (BASIS) urged the government to...

Herculean task in turbulent times

The Metropolitan Chamber of Commerce and Industry, Dhaka (MCCI), has said implementing the proposed Tk 7.97-trillion budget in the current macroeconomic climate will be very challenging.In a budget reaction on Friday, the country's oldest trade body said the National Board...

PM flies to Delhi today

Prime Minister Sheikh Hasina's bilateral visit to India, scheduled to be held in the third week of June, is deferred as she is going to Delhi today (June 8) to attend the swearing-in ceremony of Narendra Modi as PM.However, senior...

Budget fails to address macroeconomic challenges

A typical budget it is once again with proposed fiscal measures unlikely to heal the current macroeconomic instability, including steep inflation, and spur economic growth, says CPD in a post-budget opinion.The Centre for Policy Dialogue (CPD) also sees the provision...

Inflation to decline by year-end

Taming the steep inflation is an onerous task and the government has taken it as a high priority and proposed tax waivers on a basket of necessaries to contain inflationary pressures, say government ministers. While defending the overall measures set...

Mild to moderate heat wave sweeps some dists

Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at most places over Sylhet division; at many places over Rangpur, Dhaka, Mymensingh and Chattogram divisions and at one or two places over Rajshahi, Khulna and...

News in Brief2024-06-08

Three teens rescued while being trafficked to IndiaPolice have rescued three teenagers from Benapole while being trafficked in India. Police rescued Sabuj Khan (15), son of Ayub Khan of Ashrafpur village of Kachua upazila of Chandpur, Abu Bakkar Siddique Antar...

Legal actions against illegal cattle markets: DMP chief

Dhaka Metropolitan Police (DMP) warned of taking legal actions against setting up unauthorised cattle markets in the capital during the upcoming Eid-ul-Azha. It also cautioned to detain persons with cattle, if they are found setting up illegal cattle markets in...

Nayeemul Islam Khan appointed PM's press secy

Md Nayeemul Islam Khan has been appointed as Prime Minister's Press Secretary with the status of secretary on contractual basis, reports BSS.The Public Administration Ministry issued a gazette notification in this regard on Thursday.The notification mentioned that Nayeemul Islam Khan...

Two of every three BD U-5 children living in food poverty

Two of every three children under five in Bangladesh are living in child food poverty, according to a new report of UNICEF.This means that about 10 million Bangladeshi children consume fewer than the minimum five food groups, recommended by UNICEF...

Legal battle over payment likely to hinder project progress

The Dhaka-Ashulia Elevated Expressway project -- a 24-kilometre overhead highway stretching from Dhaka Airport to Dhaka EPZ in Savar -- has plunged into legal dispute over payments, eventually risking the project progress. The project's main contractor China National Machinery Import...

Case filed over BCL man's murder

BRAHMANBARIA, June 07 (UNB): A case has been filed over the murder of an activist of Chhatra League who was shot dead allegedly by his rival group with the organisation in Brahmanbaria town on Wednesday.The case was filed against 16...

Lekhak Parishad observes historic Six-Point Day in Rajshahi

RAJSHAHI, June 07 (BSS): Bangabandhu Janmoshatobarsho International Parishad and Rajshahi Lekhak Parishad jointly observed the Historic 'Six-Point Demand Day' paying tribute to the six-Point Demands martyrs in a befitting manner on Friday.As part of the daylong programme, they hoisted the...

Clash between AL factions in Anwara leaves 18 injured

CHATTOGRAM, June 07 (UNB): An altercation between two factions of the Awami League (AL) turned violent in Anwara, Chattogram, leaving 18 activists, including Professor MA Mannan Chowdhury, president of the Upazila Awami League, and police constable Mohammad Jabber injured.The incident...

It's budget for oligarchs: BNP

The Bangladesh Nationalist Party (BNP) on Friday said the proposed budget for fiscal year 2024-25 would help increase corruption and serve the interests of some oligarchs in the business sector.Two standing members of the party, barrister Muhammad Jamiruddin Sircar and...

Six-Point Movement 'turning point' in independence

Describing the six-point movement a turning point, Awami League General Secretary Obaidul Quader said on Friday those who don't acknowledge it don't believe in the independence of Bangladesh, reports UNB.He came up with the remark while talking to reporters after...

PM pays tribute to Bangabandhu on Six-Point Day

Prime Minister (PM) Sheikh Hasina paid tribute to Father of the Nation Bangabandhu Sheikh Mujibur Rahman on Friday on the occasion of the historic Six-Point Day, reports UNB.The premier placed a wreath at the portrait of Bangabandhu in front of...

China exports jump in May but imports slow

BEIJING, June 7 (AFP): China's exports accelerated far more than expected in May but imports slowed, official figures showed Friday, infurther evidence of an uneven recovery for the world's number two economy.Overseas shipments surged 7.6 percent on-year in dollar terms,...

India central bank holds rates as inflation risks linger -

MUMBAI, June 7 (AFP): India's central bank kept interest rates unchanged for the eighth time in a row on Friday, as inflation risks continue to linger in the world's fifth-largest economy.The Reserve Bank of India (RBI) said its benchmark repo...

Sharif Zahir new chairman of NFL, Maruf Akter VC

Sharif Zahir has been elected chairman of the National Finance Ltd (NFL) and Maruf Akter Mannan vice chairman (VC) during the financial institution's 207th board meeting held recently.Sharif Zahir is the managing director of Ananta Group Ltd, a prominent name...

SADHARAN BIMA LAUNCHES FDR MANAGEMENT SOFTWARE

Chairman of the Board of Directors of Sadharan Bima Corporation (SBC) Dulal Krishna Saha inaugurated 'SBC FDR Management System' software at the SBC Training Centre in Dhaka on Thursday. The software was developed by Sheikh Sadia Hasan, an assistant programmer...

Committed to making migration from BD safer: Italian envoy

Italian Ambassador to Bangladesh Ambassador Antonio Alessandro has said visa applications accompanied by fake documents and illegal practice of paying hefty amount of money to middlemen are among the reasons that create problem in making smooth migration from Bangladesh to...

GPH to bear maintenance cost of 10 Ctg school buses

CHATTOGRAM, June 07: GPH Ispat Limited has signed a Memorandum of Understanding (MoU) with Bangladesh Road Transport Corporation (BRTC) over bearing maintenance cost of the 10 smart school buses donated by the Prime Minister for Chattogram.BRTC Sub-depot Manager Zulfikar Ali...

Commoners in Ctg fear price escalation

CHATTOGRAM, June 07: Ordinary people in Chattogram are not bothered about the 2024-25 fiscal budget, but what concerns them is the price hike of commodities and rampant corruption in projects.The spending power of the common people has been decreasing under...

Global equity funds see robust weekly inflows

Global investors returned to equity funds in the seven days to June 5, powered by optimism that major central banks would cut interest rates as inflation moderated, while a drop in US bond yields also lifted risk sentiment, reports Reuters.Investors...

Indian stocks recover from election slump to end at record level

BENGALURU, June 7 (Reuters): Indian benchmarks closed at record highs on Friday, erasing election-day-related losses, on domestic inflows, political continuity and a projection of faster economic growth.The NSE Nifty 50 ended 2.05 per cent higher at 23,290.15 points while S&P...

Md Abul Hossain, congratulated Md Mohsin Chowdhury

Md Abul Hossain, Managing Director of ICB, has recently congratulated Md Mohsin Chowdhury with a bouquet on his being appointed a Commissioner of Bangladesh Securities and Exchange Commission. Mahmuda Akhter, Chief Executive Officer of IAMCL, was also present.