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Indian rupee trims initial gains vs dollar

2014-02-06 00:00:00

Mumbai, Feb 5 (PTI):  The Indian rupee Wednesday trimmed its initial gains against the American currency, but was still quoted higher by 8 paise to 62.41 per dollar on selling of the US unit by banks amidst firm dollar overseas....

Global Commodity Prices

2014-02-06 00:00:00

Photo: Bangladesh Krishi Bank

2014-02-06 00:00:00

Indonesia growth at 4-year low

2014-02-06 00:00:00

JAKARTA, Feb  5 (AFP): Indonesia's economy, Southeast Asia's biggest, grew at its slowest pace in four years in 2013, data showed Wednesday, but beat expectations and showed signs of improvement despite being hard hit by emerging market turmoil. Growth for...

Sony to sell PC business to investment fund

2014-02-06 00:00:00

TOKYO, Feb 5 (AFP) :  Sony is in talks to sell its personal computer business to a Japanese investment fund as part of the electronics giant's wider restructuring, reports said Wednesday. The leading Nikkei business daily said Sony was looking...

Best is yet to come, says Facebook’s Zuckerberg

2014-02-06 00:00:00

SAN FRANCISCO, Feb 5 (AFP): The decade-long adventure since the founding of Facebook has been an "amazing journey," but the best is still to come, Mark Zuckerberg said. The founder and chief executive of the world's biggest social network celebrated...

Photo: A new outlet of Italian Brand Lotto

2014-02-06 00:00:00

Govt will conduct study on tunnel under Jamuna: PM

2014-02-06 00:00:00

Prime Minister (PM) Sheikh Hasina said on Wednesday the government would conduct a feasibility study on constructing a tunnel under the Jamuna river from Bahadurabad to Balasi Ghat, reports BSS. Replying to a supplementary question from Jatiya Party member Maidul...

SCBA demands minister\\\'s removal

2014-02-06 00:00:00

The Supreme Court Bar Association (SCBA) has demanded the removal of the minister who had phoned one of the High Court judges on Monday during the hearing of a bank loan suit, reports bdnews24.com. The association also demanded initiation of...

AL bins Khaleda\\\'s claim of killings by joint forces

2014-02-06 00:00:00

Awami League (AL) trashed on Wednesday BNP chief Khaleda Zia's claim that 300 people were killed in the joint forces' operation saying that no one was killed or faced forced disappearance, reports UNB. "Our media is on guard. It cannot...

Third phase upazila polls in March

2014-02-06 00:00:00

The schedule for the third phase of the upazila polls is likely to be announced by Sunday with voting set for March, an election commissioner said Wednesday, reports UNB. Election Commissioner Md Shah Nawaz told reporters that the schedule will...

JP leader Qazi Mahmud Hasan dies

2014-02-06 00:00:00

GAZIPUR, Feb 5 (UNB): Jatiya Party (JP) presidium member Brigadier General (retd) Kazi Mahmud Hasan died of cardiac arrest at United Hospital in the capital on Tuesday night. Mahmud Hasan was taken to the hospital after he had fallen sick...

Ganajagaran Mancha marks 1st anniversary

2014-02-06 00:00:00

Shahbagh youths brought out a procession in the capital on Wednesday to celebrate one year of Ganajagaran Mancha, reports UNB. People from all walks of life, including university teachers and cultural personalities, took part in the rally. The procession, led...

Nasim warns errant doctors again

2014-02-06 00:00:00

Issuing a warning to the doctors working in rural areas, Health Minister Mohammad Nasim Wednesday said stern actions will be taken against those who will be found absent in their workplaces, reports UNB. "If the agricultural officials and upazila officers...

Education UK expo begins in 3 divisions on Feb 13

DU Correspondent | 2014-02-06 00:00:00

British Council, Bangladesh is going to organise the 16th 'Education UK Exhibition-2014' in major divisions of the country to facilitate the local students to study in the United Kingdom (UK). Director Partnerships and Programmes of British Council Robin Davies said...

ACC quizzes top bosses of two banks

FE Report | 2014-02-06 00:00:00

The Anti-corruption Commission (ACC) Wednesday quizzed Managing Directors (MDs) of two commercial banks over their alleged involvement in Bismillah Group loan scam. The five-member probe team of the ACC quizzed them from 2.30pm to 4.00pm at the commission's head office...

Officials asked not to harass tax payers

Our Correspondent | 2014-02-06 00:00:00

CHITTAGONG, Feb 5: NBR chairman Ghulam Hossain today said that Income Tax (IT) will be one of the major sources of revenue of the government. The earning from Income Tax will be greater in terms of money than that of...

Auto-rickshaw driver killed in city road crash

2014-02-06 00:00:00

A CNG-run auto-rickshaw driver was killed in a road accident in the capital's Sher-e-Bangla Nagar area early Wednesday, reports UNB. The deceased was identified as Sukkur Ali (38), while details of him could not be known immediately. Sher-e-Bangla Nagar Police...

Cop missing in gunfight found dead in Meghna

2014-02-06 00:00:00

MUNSHIGANJ, Feb 5 (UNB): A police constable, who went missing in the Meghna river after being hit by bullets in a shootout with pirates at Baluakandi village in Gazaria Upazila early Wednesday, was found dead in the river eight hours...

BD eyes 25,000 sq km in Bay

2014-02-06 00:00:00

Bangladesh expects to have control over nearly 25,000 square kilometres of maritime areas if it wins the case related to the Bay of Bengal maritime boundary dispute between Bangladesh and India, reports UNB. "We'll be able to know exactly how...

News in Brief

2014-02-06 00:00:00

Biruni Int'l Confce begins A two-day Biruni International Conference began at Nabab Nawab Ali Choudhury of Dhaka University Wednesday on the occasion of 965th birth anniversary of Iranian scholar Abu Raihan Biruni. Vice-chancellor of Dhaka University AAMS Arefin Siddique inaugurated...

Dr MA Hai passes away

2014-02-06 00:00:00

Prof Dr MA Hai, former head of Physiology Department at BSMMU, passed away due to old age complications at United Hospital in the city Wednesday. He was 78. His namaz-e-janaza was scheduled to be held at Dhanmondi Eidgah Mosque after...

weather

2014-02-06 00:00:00

Weather is likely to remain mainly dry with temporary partly cloudy sky over the country today (Thursday). Moderate to thick fog may occur over Rangpur division river-basins of the country and light to moderate fog elsewhere over the country during...

Photo: Savar-bound bus Dipu Delux from Dhaka

2014-02-06 00:00:00

Photo: A host of well-wishers presenting as wreath to poet Fazal Shahabuddin

2014-02-06 00:00:00

Rice import in pvt sector rises significantly in recent months

FHM Humayan Kabir | 2014-02-06 00:00:00

The private sector has significantly raised rice import in recent months, taking the advantage of poor government food stock and higher price in domestic market, sources said Wednesday.   Experts and business circle fear that the private sector would dominate the...

BB purchasing dollars from banks to keep market stable

FE Report | 2014-02-06 00:00:00

The central bank increased purchase of the US dollar from the commercial banks directly aiming to keep the inter-bank foreign exchange (forex) market stable, officials said Wednesday.  "We've expedited the purchase of US dollar from the banks to offset the...

HC issues rule on ACC Act clause

2014-02-06 00:00:00

The High Court issued on Wednesday a rule upon the government to explain in two weeks as to why a clause in the Anti Corruption Commission (Amendment) Act to penalise someone for providing false information will not be declared cancelled...

B\\\'desh to apply for models to estimate economic indicator

FE Report | 2014-02-06 00:00:00

For the first time, Bangladesh is going to apply for two new macroeconomic models in order to estimate the potential GDP and for raising the external debt management skills of the Economic Relations Division (ERD). A macroeconomic model is an...

PM instigating terrorists against democratic forces: Fakhrul

2014-02-06 00:00:00

Criticising the Prime Minister for what she said defending her party activists' action on the Rajshahi University campus, BNP alleged on Wednesday that Sheikh Hasina is pampering terrorists and instigating them against democratic forces, reports UNB. "The Prime Minister's remark...