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Broad money growth decelerates in 2013

Jasim Uddin Haroon | 2014-04-01 00:00:00

The broad money (M2) growth decelerated to 15.6 per cent (year-on-year) in December 2013 from 19.0 per cent in December 2012, according to a Bangladesh Bank (BB) report released Monday. The report said the deceleration was the result of slower...

Terms to avail loan may be relaxed

FE Report | 2014-04-01 00:00:00

Finance Minister A M A Muhith assured the securities regulator Monday of relaxing the conditions set for availing loan facility under the capital market re-financing scheme, officials said. The Bangladesh Securities and Exchange Commission (BSEC) officials said the assurance came...

UZ polls marred by rigging, capturing polling centres

FE Report | 2014-04-01 00:00:00

So far a total of 20 chairman candidates were elected unofficially, as vote count was continuing after the election held in 73 upazilas under 35 districts across the country Monday in the fifth phase. According to unofficial results available from...

Implementation delay to cost Tk 3.03b extra

FHM Humayan Kabir | 2014-04-01 00:00:00

The government would have to spend 18 per cent extra on the Tk 17.14 billion transmission grid development project due to taking up the project without any prior feasibility study and the delay in its implementation, officials said Saturday. According...

Roadmap for Basel-III implementation prepared

Siddique Islam | 2014-04-01 00:00:00

Bangladesh has prepared a roadmap for starting implementation of the Basel-III framework for bank companies from July, 2014, in line with the global standard. Under the roadmap, the central bank will issue guidelines for implementation of the Basel-III within April...

Tigers, Aussies vie for a win today

2014-04-01 00:00:00

This is Australia's best chance to register their first win of the competition. Equally, it is also Bangladesh's best chance of breaking a depressing sequence at home and arresting a losing streak that stands at four. The two teams will...

Prayer Timings

2014-04-01 00:00:00

Dhaka-Delhi JSC meet tomorrow

2014-04-01 00:00:00

A high-level Indian delegation, led by Indian Power Secretary PK Sinha, arrives in the city on a two-day visit tomorrow (Wednesday) to attend a meeting of the Joint Steering Committee (JSC) on power sector.     — UNB

UZ polls: 5th phase AL\\\'s

2014-04-01 00:00:00

The Awami League (AL) powered away from the BNP after trailing in the first three legs to win the Upazila Parishad polls that the opposition alleges were rigged. According to results from 71 Upazilas (UZ) after Monday’s fifth phase of...

EC happy despite \\\'irregularities\\\'

2014-04-01 00:00:00

Election Commissioner Abdul Mobarak is happy that none was killed in violence during the 5th phase of Upazila (UZ) Parishad polls, which saw occupation of voting centres and stamping of ballot papers by the occupiers in several areas. After balloting...

Hartal underway in 3 Satkhira upazilas

2014-04-01 00:00:00

A daylong hartal, called by local unit of Jamaat-e-Islami protesting ‘irregularities’ in the 5th phase upazila polls, is progressing in lacklustre manner at three upazilas of Satkhira district on Tuesday. The uapzilas are Debhata, Satkhira Sadar and Tala. The district...

DSE, CSE open positive

FE Online Report | 2014-04-01 00:00:00

The prices of most of the shares on the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE) witnessed upward trend in early hours of trading on Tuesday, the third trading day of the week. DSEX, the prime index...

149 gold bars recovered in city: 4 held

2014-04-01 00:00:00

Four people were arrested along with 149 gold bars in an overnight drive in Dhaka city on Tuesday (details to come), according to private TV channels.

US ambassador to India Nancy Powell resigns

2014-04-01 00:00:00

The US ambassador to India has resigned and will return to the United States after less than two years, the embassy said in a statement on Monday. Nancy Powell’s move comes following a diplomatic row that strained relations between the...

4 held with 149 gold bars in city

2014-04-01 00:00:00

Detective Branch (DB) of police in an overnight drive arrested four people in possession of 149 gold bars from different parts of Dhaka city on Monday night and early Tuesday. Acting on secret information, the detectives conducted the drives simultaneously...

Youth strangulated to death

2014-04-01 00:00:00

Miscreants strangulated a youth to death and kept his body hanging with a tree in Chuadanga town at some time between Monday night and Tuesday morning. Local people said they spotted the body of the unidentified young man, aged around...

Man chopped to death

2014-04-01 00:00:00

Miscreants called a man out of his house and chopped him to death at sometime between Sunday night and early Monday in Salanga upazila in Sirajganj. The deceased was identified as Liton, 30, son of Liakat Ali of Sengati village....

2 held in Jessore

2014-04-01 00:00:00

Members of Rapid Action Battalion (Rab) in a drive arrested an alleged outlawed partly leader and his associate from in front of Jessore Education Board office on Monday night. The arrested were identified as Kari Ashraf, an alleged member of...

Ganguly open to coaching Tigers

2014-04-01 00:00:00

Former Indian captain Sourav Ganguly is open to the idea of coaching Bangladesh. "I will think about it when the issue will come up. No point in thinking about it beforehand," he said at a function at a city hotel....

Robbery committed at filling station

2014-04-01 00:00:00

Robbers looted cash Tk 60,000 and eight mobile phone sets from a filling station on Jessore-Benapole highway in Meghla under Kotwali Police Station in Jessore on Tuesday. Locals said a gang of armed robbers wearing masks, numbering 8-10, stormed 'Golf...

Nato to decide new steps on Ukraine

2014-04-01 00:00:00

Nato foreign ministers are due to discuss ways to help Ukraine and reassure allies in Eastern Europe, at a meeting in Brussels. It is the first time ministers from the 28 member states have convened since Russia's takeover of Crimea...

Ex-TV star to stand against Gandhi

2014-04-01 00:00:00

India's main opposition BJP has chosen actor-turned politician Smriti Irani to stand against Congress party leader Rahul Gandhi in the general elections. Ms Irani, who was the leading actress in one of India's most popular TV soaps, will take on...

Zuckerberg reaps $3.3bn from shares

2014-04-01 00:00:00

Facebook founder Mark Zuckerberg earned $3.3bn on the sale of share options in 2013, a new regulatory filing has revealed. Mr Zuckerberg has now exhausted his supply of stock options as a result of Facebook's public offering. He was given...

\\\'RMG buyers also responsible\\\'

2014-04-01 00:00:00

Bangladesh's ready-made garment (RMG) industry's reforms have pleased Belgian foreign minister Didier Reynders. He told Bangladesh foreign minister AH Mahmood Ali in Brussels that European buyers also have responsibility to ensure factory safety and labour rights. "We shall continue to...

Attackers kill 2 Yemen police

2014-04-01 00:00:00

Attackers on a motorbike shot dead two Yemeni policemen in the southern separatist bastion of Daleh overnight, a security official said Tuesday, just weeks after a truce was agreed. The two attackers, one riding pillion, fled after gunning down the...

Asian shares mixed

2014-04-01 00:00:00

Asian markets were mixed on Tuesday as official data showed a slight pick-up in Chinese manufacturing while a closely watched survey showed Japanese business confidence at a more than six-year high. Sentiment was also buoyed by comments from the head...

\\\'Obamacare\\\' deadline sparks surge

2014-04-01 00:00:00

Hundreds of thousands of Americans have signed up for insurance under Barack Obama's healthcare programme, in a frantic bid to beat a key deadline. Officials believe they have reached their target of seven million sign-ups. Monday was the last day...

Election posters adorn Baghdad

2014-04-01 00:00:00

Campaigning for Iraq's April 30 general election opened on Tuesday, with Prime Minister Nuri al-Maliki bidding for a third term as his government grapples with the country's worst bloodshed in years. Posters have gone up across Baghdad and around the...

Schoolgirl drowns in Goalanda

2014-04-01 00:00:00

A schoolgirl drowned in a ditch at Doulatdia at Goalanda upazila on Monday afternoon. The deceased was identified as Poly Begum, 12, student of Probhati Kindergarten and daughter of Pannu Sheikh of Daulatdia. Locals said Poly fell down into the...

Ukraine agrees to host NATO war games

2014-04-01 00:00:00

Ukraine's parliament on Tuesday approved a series of joint military exercises with NATO countries that would put US troops in direct proximity to Russian forces in the annexed Crimea peninsula. "This is a good opportunity to develop our armed forces,"...