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Basmati rice maker KRBL posts lower profit on weak demand

2024-08-01 00:00:00

BENGALURU, July 31 (Reuters): India's KRBL reported its fourth straight quarterly profit fall on Wednesday, hurt by slower demand for its basmati rice.KRBL, which makes the 'India Gate' brand of basmati rice, said its consolidated net profit fell 55.5 per...

Oil rebounds after Hamas leader killed in Iran

2024-08-01 00:00:00

BENGALURU, July 31 (Reuters): Oil prices climbed around $2 on Wednesday, rebounding from 7-week lows, as the killing of a Hamas leader in Iran ratcheted up tensions in the Middle East and overshadowed concerns about weak China demand.Brent crude futures...

Gold on track for monthly gain on Mideast fears

2024-08-01 00:00:00

Gold prices were on track to register their best month since March on Wednesday led by geopolitical concerns and hopes of an interest rate cut in September as focus shifted to the US Federal Reserve's upcoming policy decision, reports Reuters.Spot...

Enhancing tax return compliance

2024-08-01 00:00:00

Although Bangladesh has over one crore Taxpayer Identification Numbers (TINs) holders, nearly 59 per cent of these individuals did not file tax returns in the fiscal year 2023-24. This gap highlights a critical issue in our tax system, as the...

Slow internet speed a heavy blow to businesses

2024-08-01 00:00:00

The recent internet shutdown and subsequent slow internet speed has dealt a heavy blow to the garment export industry. The garment sector, the backbone of Bangladesh's economy, operates on razor-thin margins and relies heavily on efficient communication and timely logistics....

Mango export to China: BD should grab the opportunity

Mir Mostafizur Rahaman | 2024-08-01 00:00:00

Bangladesh has a huge trade gap with China. In the FY22-23 the gap was worth over US$15.48 billion. For long, Bangladesh has been trying to reduce the gap but it could hardly make any headway in its pursuit. Bangladesh's export...

Agenda for the National Fisheries Week 2024

2024-08-01 00:00:00

This is no time for celebration but the country's enviable achievements in fisheries and livestock certainly deserve to be celebrated. The usual fanfare with which the National Fisheries Week is observed is likely to be missing this year for understandable...

Arsenic pollution yet to be addressed

Wasi Ahmed | 2024-07-31 12:00:00

It seems that the poison called arsenic that severely affected ground waters in various regions of the country is no longer a cause for worry! Had this been so, the country could flaunt its accomplishment of containing the dreaded threat...

Haiti PM escapes unharmed after shots fired by gangs

2024-07-31 00:00:00

PORT-AU-PRINCE, July 30 (AFP): Haiti's prime minister escaped unharmed Monday after gangs opened fire near a hospital he was visiting, a government source told AFP, as the troubled nation seeks to restore stability after months of gang related violence.Garry Conille,...

Autonomy only solution for West Sahara, says France

2024-07-31 00:00:00

RABAT, July 30 (AFP): France said Tuesday that autonomy within Morocco was the "only" basis for a solution to the decades-old Western Sahara dispute, drawing an angry reaction from the pro-independence Polisario Front.In a letter to King Mohammed VI congratulating...

Taiwan and China reach deal over fishermen's deaths

2024-07-31 00:00:00

BEIJING, July 30 (BBC): After months of negotiation, Taiwan and China have "reached an agreement" on how to respond to the deaths of two Chinese fishermen following a sea chase by Taiwan's coastguard, Taipei said.The settlement involves compensation to the...

Taliban cut ties with Afghan embassies loyal to former govt

2024-07-31 00:00:00

KABUL, July 30 (AFP): The Taliban government has severed consular ties with swathes of Afghan embassies in Western countries, Kabul said Tuesday, cutting off diplomats loyal to the former foreign-backed administration.The 2021 Taliban takeover left diplomats staffing Afghanistan's foreign missions...

UK jails radical Islamist preacher for 28 years

2024-07-31 00:00:00

LONDON, July 30 (Reuters): British radical Islamist preacher Anjem Choudary, whose followers have been linked to numerous plots around the world, was sentenced to life imprisonment with a minimum of 28 years on Tuesday for directing a terrorist organisation.Choudary, 57,...

Venezuelans clash with cops after disputed election result

2024-07-31 00:00:00

CARACAS, July 30 (BBC): Security forces in Venezuela have fired tear gas and rubber bullets at people protesting Sunday's disputed election result.Thousands of people descended on central Caracas on Monday evening, some walking for miles from slums on the mountains...

Hamas, Israel trade blame

2024-07-31 00:00:00

GAZA, July 30 (Reuters/AFP): Israel and the Islamist group Hamas traded blame on Monday over the lack of progress in reaching a ceasefire and hostage release deal in the Gaza Strip despite international mediation.Hamas accused Israeli Prime Minister Benjamin Netanyahu...

Serbia win gold in shooting mixed team air pistol

2024-07-31 00:00:00

CHATEAUROUX, France, July 30 (Xinhua): Zorana Arunovic and Damir Mikec came from behind to edge Sevval Ilayda Tarhan and Yusuf Dikec of Türkiye 16-14 in the 10m air pistol mixed team final to secure Serbia's first gold medal of the...

Mushfiq, Mominul included in BD A squad for Pakistan tour

2024-07-31 00:00:00

The Bangladesh Cricket Board (BCB) has included former Test skippers Mushfiqur Rahim and Mominul Haque for one of the four-day matches against Pakistan Shaheens in preparation for the two-match Test series against their senior men's side, reports Cricbuzz.Bangladesh will play...

Swimmer Samiul finishes 69th out of 79 in 100m freestyle

2024-07-31 00:00:00

Bangladeshi swimmer Samiul Islam Rafi finished overall 69th among 79 competitors in the men's 100-meter freestyle swimming in the ongoing Paris Olympics held at the Paris La Defense Arena on Tuesday, reports UNB.Samiul Islam, who was trained in Thailand ahead...

Ledecky leads in 1500m freestyle heats, eyes historic 12th Olympic medal

2024-07-31 00:00:00

NANTERRE, France, July 30 (AP): Katie Ledecky got started on what she hopes will be her first gold medal of the Paris Olympics, topping the field in the preliminaries of the women's 1,500-meter freestyle on Tuesday.Finishing more than a half-lap...

No place for domestic cricket coaches in Bangladesh setup?

2024-07-31 00:00:00

Bangladesh Cricket Board (BCB) would appear to have some stigma when it comes to evaluating local coaches and these coaches from the country's cricket system still remain outcasts despite all the bluster of the board in recent times, reports Cricbuzz.In...

Nat'l Fisheries Week begins in Bandarban

2024-07-31 00:00:00

BANDARBAN, July 30 (BSS): A week-long 'National Fisheries Week-2024' began on Tuesday in the district to promote sustainable development and expansion of fisheries resources.This year, the theme of the week is "Nirapad Machee Varbo Desh, Garbo Smart Bangladesh".On the occasion,...

Severe erosion continues in Teesta

2024-07-31 00:00:00

KURIGRAM, July 30 (UNB): As floodwaters recede, the Teesta River in Kurigram is witnessing severe erosion, devastating approximately 200 homes in the Rajarhat and Ulipur upazilas along a 40-kilometre stretch.The ongoing erosion at 10 different spots is causing the river's...

Illegal catching of fry goes on in Sylhet region

OUR CORRESPONDENT | 2024-07-31 00:00:00

SYLHET, July 30: Local species of sweet water fish are declining in Sylhet region due to lack of proper monitoring on the illegal catching of fry.Sources said some organised groups of fishermen and influential quarters are allegedly engaged in indiscriminate...

CRYSTAL INSURANCE COMPANY BOARD MEETING HELD

2024-07-31 00:00:00

The 108th meeting of the Board of Directors of Crystal Insurance Company Limited was held in the Board Room of Company's Corporate Office in Dhaka on Sunday. Abdullah Al-Mahmud (Mahin), Chairman of the company, presided over the meeting. Directors AHM...

SONALI BANK DONATES MICROBUS TO RELIGIOUS AFFAIRS MINISTRY

2024-07-31 00:00:00

Sonali Bank PLC donated a microbus to the Hajj wing of the Ministry of Religious Affairs as part of its corporate social responsibility. Sonali Bank CEO & Managing Director Md. Afzal Karim handed over a dummy key of the microbus...

Success of Agrani Bank in Annual Performance Agreement

2024-07-31 00:00:00

Agrani Bank PLC was ranked second among state-owned commercial banks in the final assessment of the Annual Performance Agreement (APA) for the financial year 2022-2023 by the Financial Institutions Division of the Ministry of Finance. In recognition of this success,...

Palm oil futures edge up

2024-07-31 00:00:00

JAKARTA, July 30 (Reuters): Malaysian palm oil futures rose on Tuesday, supported by a stronger palm oil contract on the Dalian Commodity Exchange, and the Chicago soyoil.The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange...

Oil drops to two-month low as China concerns weigh

2024-07-31 00:00:00

LONDON, July 30 (Reuters): Oil traded at its lowest levels since early June on Tuesday as worries about demand in China offset the prospect of lower US crude and product inventories.Brent crude fell by 77 cents, or 0.97 per cent,...

Gold drifts upwards

2024-07-31 00:00:00

Gold prices edged higher on Tuesday as investors awaited the Federal Reserve's commentary on its monetary policy and a deluge of US economic data due later in the week for more clues on the pace and scale of the Fed's...

Singapore's Temasek plans to invest $30b in US over next five years

2024-07-31 00:00:00

NEW YORK, July 30 (Reuters): Singapore state investor Temasek plans to invest up to $30 billion over the next five years in the US in sectors such as healthcare, financial services and technology."It's an incredibly deep and broad capital market...