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No decision yet on Hasina's move from Delhi, says Joy

2024-08-08 00:00:00

Awami League President Sheikh Hasina's son Sajeeb Wazed Joy says no decision has been made yet over the ousted prime minister's move to anywhere else from India's capital New Delhi, where she took refuge after leaving the country, reports bdnews24.com.The...

President asks police to take stern action to stop anarchy, looting

2024-08-08 00:00:00

President Mohammed Shahabuddin on Wednesday asked the police to take strict action to control the anarchic situation and looting, reports UNB.He said this when newly appointed Inspector General of Police ( IGP) Mainul Islam went to meet the President at...

Cocoa rallies as supply concerns linger, arabica hits two-week high

2024-08-08 00:00:00

LONDON, Aug 7 (Reuters): ICE cocoa futures rallied on Wednesday as investors remained concerned about supply tightness, while arabica coffee hit a two-week peak amid worries about top producer Brazil's crop.December London cocoa rose 3.2 per cent to 5,600 pounds...

Bangladesh's UK envoy expresses allegiance to upcoming interim govt

2024-08-08 00:00:00

Bangladesh High Commissioner to the United Kingdom (UK) Saida Muna Tasneem has expressed her allegiance in advance with the interim government that will be formed soon, reports UNB.She said they are waiting to receive formal directives from the interim government...

Three Feni police stations attacked following Sheikh Hasina's exit

2024-08-08 00:00:00

FENI, Aug 07 (UNB):Violent attacks, vandalism and arson targeted three police stations in Feni on Monday night.According to a Feni police official, who requested anonymity, angry mobs attacked Feni model, Daganbhuiyan and Chhagalnaiya police stations, resulting in significant damage and...

PMO Principal Secy Tofazzel Hossain Miah sacked

2024-08-08 00:00:00

The principal secretary at the Prime Minister's Office Mohammad Tofazzel Hossain Miah has lost his job with immediate effect, just 24 hours before he was to get a new boss.Miah recently had his tenure extended for a second time for...

Incidents of robbery, theft reported in city

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

Though the prevailing chaotic situation across the country has seemingly eased, law-and-order situation is yet to be restored as a few incidents of robbery and theft were reported from some areas of the city during the last 24 hours.Residents of...

Woes of ride-sharing service providers yet to end

ARAFAT ARA | 2024-08-08 00:00:00

The ride-sharing service providers, particularly drivers, are still grappling with the adverse impact of the unrest that emerged out of the students' job-quota movement but was continuing in different dimensions and intensity until Wednesday.Their income came down to near zero...

BB top brasses resign amid officers' rage

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

Six top officials of Bangladesh Bank (BB), including four deputy governors, were forced to resign on Wednesday amid unrest created by a group of aggrieved officials of the central bank.The agitators demanded the resignation of the governor, deputy governors, and...

Dr Yunus cleared of all charges

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

The Labour Appellate Tribunal in Dhaka has acquitted Nobel laureate Prof Dr Muhammad Yunus and three other officials of Grameen Telecom in a labour law-violation case.Dr Yunus, Grameen Telecom managing director Ashraful Hassan, and directors Nurjahan Begum and Md Shahjahan...

Shun path of vengeance, nurture love and peace

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

Bangladesh Nationalist Party (BNP) chairperson Begum Khaleda Zia urged on Wednesday the countrymen to build a society based on love, affection and peace avoiding the path of destruction, revenge and vengeance."Youths of the country have shed their blood to realise...

Apparel exports to US plunge over 10pc

MONIRA MUNNI | 2024-08-08 00:00:00

The country's apparel exports to the United States -- its largest single market -- plummeted more than 10 per cent in the first half of 2024, reaching $3.40 billion.Data from the Office of Textiles and Apparel (OTEXA) under the US...

Prayer Timings (2024-08-08)

2024-08-08 00:00:00

Mainul Hasan joins as DMP commissioner

2024-08-08 00:00:00

Newly appointed Dhaka Metropolitan Police (DMP) Commissioner Md Mainul Hasan joined office on Wednesday, reports BSS.He also requested all members of the DMP and city dwellers to give cooperation in maintaining law and order in the DMP jurisdiction, Assistant Commissioner...

Students steal the show

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

Student volunteers continued to control traffic and sweep filth in Dhaka city on Wednesday as things are yet to return to normal following recent violence countrywide.They also facilitated a move to return bits and bobs and other valuables an agitated...

Seek restoration of order for secure business run

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

Top business leaders Wednesday urged immediate restoration of law and order and security for normal run of businesses and economic growth, as marauding occurred in the transitional time of governance.They voiced concerns over destructive activities, torching and vandalism targeting industrial...

AKM Shahidur Rahman new RAB DG

2024-08-08 00:00:00

Additional Inspector General of Police (AIGP) AKM Shahidur Rahman has been appointed as the new Director General (DG) of Rapid Action Battalion (RAB), reports BSS.In this regard, the public security division under the Ministry of Home Affairs issued a gazette...

Six shot dead as 209 flee Kashimpur central jail

2024-08-08 00:00:00

GAZIPUR, Aug 7 (Agencies): Six inmates of Kashimpur central jail in Gazipur were shot dead by security personnel while 209 others managed to flee on Tuesday.In another incident at least 30 to 40 prisoners have escaped from Kushtia District Jail.Senior...

Interim govt takes oath this evening

M AZIZUR RAHMAN | 2024-08-08 00:00:00

A 15-member council of advisers of the interim government of Bangladesh, led by Nobel laureate Prof Muhammad Yunus, is set to be sworn in this evening to fill a three-day gap in power. Army chief General Waker-Uz-zaman, flanked by the...

Economy faces fresh risks from political volatility

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

American ratings agency S&P says the political crisis in Bangladesh has further undermined its economic growth, fiscal performance and external metrics, especially foreign exchange, but pins hope on possible fast turnaround.The latest alert came Wednesday from the Melbourne office of...

India's Tata Power beats Q1 profit view

2024-08-08 00:00:00

BENGALURU, Aug 7 (Reuters): India's Tata Power beat first-quarter profit estimates on Tuesday, helped by strong energy demand on the back of strong industrial activity and extreme heat conditions.The company reported a consolidated profit of 9.71 billion rupees ($116 million)...

Dubai airport traffic sets new half-year record

2024-08-08 00:00:00

DUBAI, Aug 07 (AFP): Passenger traffic at Dubai International Airport, the world's busiest for international travellers, reached a record 44.9 million in the first half of the year, its operator said on Wednesday.The figure marked an eight per cent increase...

Evergrande liquidators file lawsuit against PwC in Hong Kong

2024-08-08 00:00:00

HONG KONG, Aug 07 (AFP): Liquidators for China's Evergrande have filed a lawsuit against PwC in Hong Kong for its role in auditing the debt-ridden real estate behemoth, according to a report Wednesday by Bloomberg News.The lawsuit is part of...

China notches steady export growth as imports surge

2024-08-08 00:00:00

BEIJING, Aug 07 (AFP): China's exports grew slightly slower than expected in July while imports surged, official figures showed Wednesday, as the world's second-largest economy charts an uneven recovery.Overseas shipments expanded 7.0 per cent on-year last month, according to China's...

German exports plunge but factory output up

2024-08-08 00:00:00

FRANKFURT, Aug 07 (AFP): German exports unexpectedly registered a sharp drop in June but industrial production rose, official data showed Wednesday, as Europe's biggest economy struggles to emerge from a weak period.Exports dropped 3.4 per cent from the previous month...

BoJ deputy governor plays down chance of near-term rate hike, yen slumps

2024-08-08 00:00:00

HAKODATE (Japan), Aug 07 (Reuters): The Bank of Japan's (BoJ) influential deputy governor said on Wednesday the central bank will not hike interest rates when markets are unstable, playing down the chance of a near-term hike in borrowing costs.The remarks...

Shopify beats Q2 revenue estimates

2024-08-08 00:00:00

Shopify beat analysts' estimates for second-quarter revenue and forecast an upbeat current quarter as its e-commerce services attracted more merchants following the launch of AI-enabled tools, reports Reuters.Shopify reported a 21 per cent jump in second-quarter revenue to $2.05 billion,...

Uber's second-quarter results beat on ride-sharing demand

2024-08-08 00:00:00

Uber's second-quarter results beat Wall Street estimates on the back of steady demand for its ride-sharing and food-delivery services, sending the company's shares up 5 per cent on Tuesday, reports Reuters.With more people returning to offices and stepping out of...

Linde Bangladesh holds 51st AGM

2024-08-08 00:00:00

The 51st Annual General Meeting (AGM) of the company was held virtually on Wednesday in compliance with all the applicable circulars issued by the regulatory authorities. Moloy Banerjee, Chairman of the company, presided over the meeting. Rupali H Chowdhury, Tanjib-Ul...

Bengal Commercial Bank holds 4th AGM

2024-08-08 00:00:00

Bengal Commercial Bank held its 4th Annual General Meeting (AGM) at a hotel in Dhaka recently. Md. Jashim Uddin, Chairman of the Board of the bank, presided over the meeting. Mahbubul Alam and Ghulam Mohammed Alomgir, Vice Chairmen of the...