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ConocoPhillips refuses to ink PSC on block SS-07

M Azizur Rahman | 2014-04-11 00:00:00

US-based ConocoPhillips has refused to sign any production sharing contract (PSC) with Bangladesh for oil and gas exploration in shallow-water block SS-07 in the Bay of Bengal in a major blow to the country's future energy security. This is for...

Overall imports grow by 13.49pc in 8 months

Siddique Islam | 2014-04-11 00:00:00

The country's overall imports grew by 13.49 per cent in the first eight months of the current fiscal year (FY) 2013-14, following higher import of food gains, particularly rice and wheat, officials said. "The overall imports increased during the period...

Businesses for cut in interest rate

FE Report | 2014-04-11 00:00:00

Businesses at a workshop Thursday urged the government to take initiatives to cut interest rate for minimising operational cost of businesses. They said besides high rate of interest, interrupted energy supply is also hampering the businesses of Bangladesh, and if...

Country’s forex reserve crosses $20b-mark

FE Report | 2014-04-11 00:00:00

The country's foreign exchange (forex) reserve crossed the US$20 billion-mark for the first time Thursday, thanks to a robust growth in export earnings. The reserve rose to $20.03 billion on the day, setting a new record, from $19.91 billion of...

11 receive burn injuries in city building fire

FE Report | 2014-04-11 00:00:00

At least 11 people sustained burn injuries when a fire broke out in a building at Tejturi Bazar in city's Farmgate area Thursday afternoon, police and fire service sources said. The injured are -- Shafiul Alam (46), Khalilur Rahman (36),...

Mixed reaction to pest attack on Bt brinjal

FE Report | 2014-04-11 00:00:00

Some responses -- both from local and international levels -- have been received relating to a news item published in the FE on April 7, 2014 under the headline "Pest resistant Bt brinjal comes under pest attack." The FE correspondent...

First major voting held in India

2014-04-11 00:00:00

NEW DELHI, April 10 (AFP):  Voters went to the polls in New Delhi Thursday on the first major day of India's marathon national election, with the capital a key battleground for an anti-corruption party which shot to fame last year....

Photo: Female workers passing a busy time at a bangles producing \\\'factory\\\'

2014-04-11 00:00:00

Prayer Timings

2014-04-11 00:00:00

Biman eyes cargo to make Frankfurt flight profitable

2014-04-11 00:00:00

Biman Bangladesh Airlines has put emphasis on getting full-house cargo for its newly resumed Dhaka-Frankfurt flight as it is trying hard to get full-cabin passengers for its new route to Germany. "We are happy to get full-house cargo for the...

One killed in city \\\'shootout\\\'

2014-04-11 00:00:00

A suspected robber was killed in a gunfight between police and bandits in the city's Badda area early Thursday. The deceased was identified as Badsha (28). Being tipped off that a gang of robbers was going to hold a clandestine...

Father, 2 sons killed in clash

2014-04-11 00:00:00

GAZIPUR, Apr 10: A man and his two sons were killed and four people injured in a clash over a land dispute at Dhanpur village in Kaliganj upazila on Thursday noon. The deceased were identified as Mamtaz Uddin (75), and...

Tokyo stocks tumble

2014-04-11 00:00:00

Tokyo stocks dropped 2.31 per cent on Friday morning, after Wall Street suffered big losses on concerns about the valuations of high-flying technology companies. The benchmark Nikkei 225 index lost 330.47 points to 13,969.65 by the break, while the Topix...

China shares down

2014-04-11 00:00:00

Chinese shares were lower in morning trading on Friday after data showed inflation accelerated in March, dealers said. The benchmark Shanghai Composite Index edged down 0.04 per cent, or 0.91 points, to 2,133.39. The Shenzhen Composite Index, which tracks stocks...

HK shares slip

2014-04-11 00:00:00

Hong Kong shares slipped 0.36 per cent in the first few minutes of trade on Friday, in line with regional losses following a sell-off on Wall Street. The benchmark Hang Seng Index fell 82.61 points to 23,104.35, according to AFP.

Life term for killing wife

2014-04-11 00:00:00

A court in Sirajganj has convicted a man and sentenced him to life term rigorous imprisonment (RI) for killing his wife in 2008. The convict was identified as Abul Kashem Fakir, 48, son of late Bux Fakir of Solongi village...

Nation prepares to celebrate Pahela Baishakh

2014-04-11 00:00:00

The 1st of Baishakh or Pahela Baishakh will be celebrated across the country on Monday. The nation will welcome the Bangla New Year with gaiety. People from all walks of life will start to gather at Bottola in the 400-year-old...

Teenager murdered in city

2014-04-11 00:00:00

Unidentified miscreants tortured to death a teenaged boy and dumped his body at Turag Eidghah field under Turag Police Station in the city at some time between Wednesday night and Thursday morning. The deceased was identified as Sabbir Hossain, 15,...

\\\'Enact law to ensure rights, welfare of the elderly\\\'

2014-04-11 00:00:00

Observing that the problems of ageing are largely being ignored senior citizens of the country have laid emphasis on enacting new laws to ensuring rights and welfare of the elderly people. They also urged the government to establish a full-fledged...

We want to be real opposition: Raushan

2014-04-11 00:00:00

Leader of the opposition in Jatiya Sangsad (parliament) Raushan Ershad has said her party wants to play the due role of the opposition, but maintaining cooperation with the government. “Never in the past, the opposition (in Bangladesh’s parliament) cooperated with...

We want to be real opposition: Raushan

2014-04-11 00:00:00

Leader of the opposition in Jatiya Sangsad (parliament) Raushan Ershad has said her party wants to play the due role of the opposition, but maintaining cooperation with the government. “Never in the past, the opposition (in Bangladesh’s parliament) cooperated with...

2 more Tejturi Bazar burn victims die

2014-04-11 00:00:00

Two more people, who suffered serious burn injuries in a fire incident at a hardware shop in the city’s Tejturi Bazar on Thursday afternoon, died at Dhaka Medical College Hospital on Friday, raising the death toll from the incident to...

Sony issues battery-fire warning

2014-04-11 00:00:00

Sony on Friday warned customers to stop using its new Vaio Fit 11A laptops due to an overheating battery problem that poses a fire risk and said it may issue a recall. The Japanese electronics giant said 25,905 units had...

Health secretary quits after Obamacare launch woes

2014-04-11 00:00:00

US Health and Human Services Secretary Kathleen Sebelius is resigning after overseeing the botched rollout of President Barack Obama’s signature healthcare law, a White House official said on Thursday. Her departure removes one lightning rod for critics as Obama and...

7 found dead in Gazipur in 2 days

2014-04-11 00:00:00

In separate incidents, police recovered the bodies of seven people at different places in Gazipur district, including the city and Sreepur and Kaliakoir upazilas, from Wednesday night to Thursday. The body of a man was recovered from Dhaka-Tangail railway tracks...

\\\'Bring back 72 kids\\\'

2014-04-11 00:00:00

The High Court has asked the government to bring back home 72 children held at different shelter homes in India. Passing the interim suo moto order, an HC division bench comprising justices Farah Mahbub and KM Ejarul Haque Akondo has...

Asian shares slip after Wall St rout

2014-04-11 00:00:00

Asia’s markets fell on Friday following hefty plunges on Wall Street as US technology stocks suffered another sell-off, while China released data showing inflation picked up in March but was still below forecasts. Tokyo sank 2.31 per cent by the...

Fire burns to ashes 1,200 maunds jute

2014-04-11 00:00:00

Abut 1,200 maunds of jute were gutted by a fire that broke out at a jute warehouse at Singair upazila in Manikganj on Thursday. Witnesses said the fire erupted at a tin-shed jute warehouse at Charigram village at about 1:00...

Powerful 7.3 quake hits off PNG

2014-04-11 00:00:00

A powerful 7.3-magnitude earthquake struck off Papua New Guinea on Friday, US officials said, while ruling out any threat of a tsunami. The US Geological Survey said the quake was measured at a depth of around 50 kilometres and was...

2 kids drown in Satkhira

2014-04-11 00:00:00

Two children drowned in a pond at South Sripur village in Kaliganj upazila on Friday morning. The deceased were identified as Nuruzzaman’s daughter Razia Parveen, 6, and her cousin Tamanna Sultana, 3, daughter of Azgar Ali of the village. Witnesses...