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WC in USA will be a disaster if India vs Pakistan doesn't sell to a packed house

2024-06-07 00:00:00

NEW DELHI, June 09 (Agencies): India's first game of the 2024 T20 World Cup vs Ireland in New York was played in front of many empty seats and the International Cricket Council's (ICC) inflated pricing and a very subdued marketing...

No plans to shift matches from New York despite pitch concerns

2024-06-07 00:00:00

There are no plans in place to move any T20 World Cup fixtures out of New York despite growing fears over substandard pitches, reports BBC Sport.Serious concerns are mounting over the unpredictable nature of the drop-in surfaces at the Nassau...

Stoinis sparks Australia to winning start

2024-06-07 00:00:00

BRIDGETOWN, Barbados, June 06 (AFP): Marcus Stoinis shone with bat and ball as Australia launched their bid for a grand slam of major cricket titles with a 39-run victory over Oman at the T20 World Cup in Barbados on Wednesday.Stoinis...

Tigers aim to unleash full potential

2024-06-07 00:00:00

As Dallas hosts several matches of the ICC Men's T20 World Cup, the city's burgeoning cricket scene remains largely unnoticed by many of its residents, including an Ethiopian cab driver who expressed surprise upon learning about the tournament, reports UNB.The...

ISLAMI BANK HOLDS CLIENT GET-TOGETHER

2024-06-07 00:00:00

Foreign Exchange Corporate Branch of Islami Bank Bangladesh PLC organised a client get-together focused on foreign currency deposit accounts and cards on the branch premises on Wednesday. Muhammad Qaisar Ali, Additional Managing Director of the bank, addressed the programme as...

ICML launches three new investment products

2024-06-07 00:00:00

ICB Capital Manage-ment Limited (ICML) has launched three new investment products -- 'TIP Sanchita' for women, 'TIP Swadesh' for non-resident Bangladeshis, and 'TIP Sankalpa' for students.The ICML introduced these TIP (Term Investment Plan) products in a significant step towards expanding...

Oil extends gains with Sept Fed rate cut in focus

2024-06-07 00:00:00

LONDON, June 6 (Reuters): Oil extended gains on Thursday, as support from growing expectations of an interest rate cut from the US Federal Reserve in September outweighed higher US inventories and OPEC+ plans to gradually increase supply.Brent crude futures were...

Indian shares' recovery extends with new govt awaited

2024-06-07 00:00:00

BENGALURU, June 6 (Reuters) - Indian shares ended higher for the second straight day on Thursday as investors moved past shock election results and awaited the formation of a coalition government.The NSE Nifty 50 index ended 0.89% higher at 22,821.40...

US regulators to open antitrust inquiries of Microsoft, OpenAI and Nvidia

2024-06-07 00:00:00

NEW YORK, June 06 (Reuters): The US Justice Department and the Federal Trade Commission have reached a deal that allows them to proceed with antitrust investigations into the dominant roles that Microsoft (MSFT.O), opens new tab, OpenAI and Nvidia play...

Govt to introduce credit scoring system for digital banks: Ali

2024-06-07 00:00:00

Finance Minister A H Mahmood Ali said the government will introduce a credit scoring system utilizing artificial intelligence (AI) and machine learning technology to facilitate loan services from these digital banks."A credit scoring system utilizing artificial intelligence and machine learning...

Agriculture Minister Dr. Md. Abdus Shahid goes round different stalls

2024-06-07 00:00:00

Agriculture Minister Dr. Md. Abdus Shahid goes round different stalls after inaugurating the three-day fruit fair at KIB of Khamarbari in the city's Farmgate area on Thursday. State Minister for Commerce Ahsanul Islam Titu was also present. They also attended...

SOCIAL ISLAMI BANK DISTRIBUTES INVESTMENT AMONG FARMERS

2024-06-07 00:00:00

Social Islami Bank distributed agricultural investment among marginal farmers in Satkhira at an event organised by Satkhira Branch on Thursday. Zafar Alam, Managing Director & CEO, presided over the programme while SM Hasan Reza, Executive Director of Bangladesh Bank, was...

SOUTHEAST BANK ORGANISES FOUNDATION TRAINING COURSE

2024-06-07 00:00:00

Southeast Bank Training Institute successfully organised a five-day Foundation Training Course for its newly appointed 37 Trainee Assistant Officer (Cash) recently. Nuruddin Md. Sadeque Hossain, Managing Director of the bank, was present at the training programme.

MTB, BU-C3ER JOINTLY CELEBRATE WORLD ENVIRONMENT DAY

2024-06-07 00:00:00

Mutual Trust Bank PLC celebrated the World Environment Day 2024 in collaboration with C3ER of BRAC University on Wednesday. They jointly organised various programmes such as project idea pitching, quiz café, exhibition of photos, art, and green products. The event...

Budget earns appreciation from Ctg business bodies

NAZIMUDDIN SHYAMOL | 2024-06-07 00:00:00

CHATTOGRAM, June 06: Both the Chittagong Chamber of Commerce and Industry (CCCI) and the Chittagong Metropolitan Chamber of Commerce and Industry (CMCCI) welcomed the proposed budget for the next fiscal year, praising its "pro-people and business-friendly".The Chittagong chamber appreciated the...

Least hike mooted to save local industry

FE REPORT | 2024-06-07 00:00:00

Finance minister Abul Hassan Mahmood Ali on Thursday proposed increasing the minimum value of certain imported products, including printed cotton and synthetic fabrics, to safeguard the local industry.In the proposed budget for fiscal year 2024-25, he suggested raising the value...

Budget execution is what matters in the end: AmCham

FE REPORT | 2024-06-07 00:00:00

The American Chamber of Commerce in Bangladesh (AmCham) has said it believes budget execution is what matters in the end and should be measured for quantity and quality.Responding to the proposed budget for the fiscal year 2024-25, the bilateral chamber...

Govt cuts food grain procurement target, but raises allocation

YASIR WARDAD | 2024-06-07 00:00:00

After sourcing 3.18 million tonnes of food grain for public food warehouses in the outgoing financial year, the government has downsized its target of procurement in the national budget for FY'25 -- 2.98 million tonnes of staples.Allocation for food procurement...

Weather (2024-06-07)

2024-06-07 00:00:00

Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at most places over Rangpur, Mymensingh, Sylhet, Rajshahi, Dhaka and Barishal divisions in the next 24 hours from 06:00 am today (Friday), according to the Met...

Prayer Timings (2024-06-07)

2024-06-07 00:00:00

Today's & Tomorrow's Matches (2024-06-07)

2024-06-07 00:00:00

Mobile talk to be costlier

FE REPORT | 2024-06-07 00:00:00

The use of mobile phones is going to be more expensive due to a 5 per cent increase in supplementary duty on phone usage in the proposed budget for 2024-2025.The proposed budget also includes a Tk 100 increase in SIM...

Q1 NPLs jump to Tk 1.82tn

JUBAIR HASAN | 2024-06-07 00:00:00

Banks' non-performing loan (NPL) buildup ballooned over 25 per cent to a record-high of over Tk 1.82 trillion at the end of March (Q1) this year over December 2023, sources at Bangladesh Bank (BB) said. Bankers and economists said pressure...

Dhaka chamber sees growth 'achievable'

FE REPORT | 2024-06-07 00:00:00

The Dhaka Chamber of Commerce and Industry (DCCI) believes the proposed budget's 6.75 per cent GDP growth target for FY25 is "achievable". To attain it, DCCI President Ashraf Ahmed advocated for overcoming the liquidity crisis and navigating global economic uncertainties."Reaching...

FBCCI welcomes 'rational' budget Seeks tax, AIT changes

FE Report | 2024-06-07 00:00:00

Welcoming the proposed budget for FY 2024-25, Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) President Mahbubul Alam described it as "rational, realistic and achievable"."While past budgets have seen increases of 10 to 12 per cent, this budget is...

New GDP growth target 6.75pc, amid challenges

FE REPORT | 2024-06-07 00:00:00

Bangladesh sets sights on a 6.75-percent economic growth in the next financial year basically by boosting domestic production of agricultural and industrial sectors with continued support assured in the new national budget.Presenting the budget for the fiscal year (FY) 2024-25...

'Bold steps' missing in budget

SYFUL ISLAM | 2024-06-07 00:00:00

Economists find the absence of "bold actions" in the proposed fiscal budget to tackle the challenges the economy has been facing for quite a long period.They see a lack of proper steps to manage inflation and bigger deficit in budget,...

What’s up, what’s down _

FE REPORT | 2024-06-07 00:00:00

In the national budget, the government has proposed changes to duties that will affect the prices of essential products. Here are the anticipated changes in the prices of various products.Prices THAT may go up:Ice cream and carbonated beverages: The prices...

Sheikh Hasina and Abul Hassan Mahmood Ali enter the parliament

2024-06-07 00:00:00

Prime Minister Sheikh Hasina and Finance Minister Abul Hassan Mahmood Ali enter the parliament on Thursday to present the national budget for the upcoming fiscal year of 2024-25. — PID

Court appoints administrators for Benazir's property

FE REPORT | 2024-06-07 00:00:00

A Dhaka court on Thursday allowed a petition, filed by the Anti-Corruption Commission (ACC), seeking appointment of administrators (receivers) to look after the immovable properties of former Inspector General of Police (IGP) Benazir Ahmed and his family members. The ACC...