LITTLETON (Colorado), May 9 (Reuters): India's coal-fired electricity generation and power sector emissions hit record highs during the first quarter as above-average temperatures spurred higher air conditioner use and economic expansion drove greater overall power consumption.Coal-fired electricity output hit 338...
The National Board of Revenue (NBR) was putting a heavier tax burden on those already paying taxes, said Salman F Rahman, Private Industry and Investment Adviser to the Prime Minister, at a function on Thursday.He said all of those having...
Growing hopes that the US Federal Reserve and other central banks are close to cutting interest rates helped push Asian stocks higher on Friday, report agencies.Hong Kong led Asia-Pacific stocks higher as markets tracked Wall Street gains, with renewed hopes...
Demand for global equity funds rose sharply in the seven days to May 8, driven by renewed bets on Federal Reserve interest rate cuts after a softer than anticipated US employment report, reports Reuters.Investors bought a net $12.72 billion worth...
Southeast Bank PLC distributed special CSR fund among farmers for cultivation and purchasing agricultural machinery. Nuruddin Md. Sadeque Hossain, Managing Director of Southeast Bank, handed over the financial assistance to grassroots farmers at the bank's head office recently. The financial...
FE REPORT | 2024-05-11 00:00:00
IPDC Finance, one of the leading non-bank financial institutions, has reported more than 21 per cent growth in profit year on year in the January-March quarter, fuelled by higher investment income and reduction of operating expenses.The non-bank financial institution (NBFI)...
FE REPORT | 2024-05-11 00:00:00
Stocks reversed earlier gains this week but managed to log weekly gains as investors digested a policy rate hike by the central bank. The market faced a major setback in the last two days of the week as the Bangladesh...
The United Nations General Assembly on Friday backed a Palestinian bid to become a full UN member by recognizing it as qualified to join and recommending the UN Security Council "reconsider the matter favourably."The vote by the 193-member General Assembly...
Farmers cutting and bundling paddy into sheaves at Sariakandi upazila in Bogura district, as the Boro harvest season progresses across the country. — FE Photo
NEW DELHI, May 10 (PTI): The Supreme Court of India on Friday gave Delhi Chief Minister Arvind Kejriwal interim bail till June 1 for campaigning in the ongoing Lok Sabha elections.A bench of Justices Sanjiv Khanna and Dipankar Datta said...
FE REPORT | 2024-05-11 00:00:00
The Directorate General of Health Services (DGHS) has ordered to shut down the operation of all illegal canteens and unauthorized pharmacies at government hospitals.The order also restricted giving any fresh authorization to open new canteens or pharmacies."All illegal, unauthorized, expired...
FE REPORT | 2024-05-11 00:00:00
Investors go improvising as the central bank put planned live display of secondary money-market yield curves that inter alia indicate economic dynamics, like expansion, recession or uncertainty.Sources say the move is being delayed as the Bangladesh Bank is now taking...
REZAUL KARIM | 2024-05-11 00:00:00
Depositors are deserting the state-owned BASIC bank amid its merger troubles and the management seeks government intervention with bailout pending amalgamation with a private bank, sources said.Although the financial health remained poor previously following its loan scams, they said, the...
SYFUL ISLAM | 2024-05-11 00:00:00
Another Tk 52 billion has been sought for dredging just after the spending of Tk 65 billion mostly from Bangladesh's scarce forex reserves for conducting capital-and-maintenance dredging of Payra seaport's Rabnabad channel.Some appear pessimistic in commenting on the port's viability...
Tigers won a hard-fought game against Zimbabwe after a lot of drama on the field, managing to restrict Zimbabwe below the target and extending their series lead to 4-0, report agencies.The hosts earned a five-run victory in the fourth game...
GOPALGANJ, May 10 (UNB): Prime Minister Sheikh Hasina on Friday stressed the need for cooperatives in every area throughout the country in order to boost agricultural production, alleviate poverty and create scope for micro-savings."Our (political) leaders should be sincere to...
US President Joe Biden has nominated David Slayton Meale, currently Deputy Chief of Mission in Beijing, as the next US Ambassador to Bangladesh, reports UNB.The nomination has been sent to the Senate, according to the White House.David Meale of Virginia...
FE REPORT | 2024-05-11 00:00:00
The misery of consumers has reached its peak as prices of most essentials, including fish, meat, eggs, vegetables and spices, saw a notable hike last week.Beef price sold at Tk 800-860 and Sonali chicken at Tk 390-420 a kg, eggs...
Rain/thunder showers accompanied by temporary gusty/squally wind is likely to occur at many places over Dhaka, Mymensingh, Khulna, Barishal, Chattogram and Sylhet divisions and at a few places over Rajshahi and Rangpur divisions with hails at isolated places until 06:00...
Boy stabbed dead in teen-gang attack in Ctg An 18-year-old boy was stabbed to death and another injured in an attack allegedly by a teen gang in the port city of Chattogram on Thursday night. The dead, Md Mehedi Hasan,...
NAZIMUDDIN SHYAMOL | 2024-05-11 00:00:00
CHATTOGRAM, May 08: The Chattogram Water Supply and Sewerage Authority (CWASA) is going to implement the sewerage system in the port city finally after 53 years into independence.The aim of the project is to address the sewerage disposal problem in...
Bangladesh reported 22 more COVID-19 cases in the last 24 hours until Friday morning, reports UNB.With the new numbers, the country's total Covid-19 caseload rose to 2,050,134, according to the Directorate General of Health Services (DGHS).The official death toll from...
A Bangladeshi expatriate from Cumilla has died in Dubai, a city in the United Arab Emirates. Locals allege that the migrant worker 'died by suicide' due to financial stress and a family dispute, reports bdnews24.com.The dead, Mohammad Farooq Sarker (35),...
Dhaka University (DU) is set to introduce a card punch system at the entrance of residence halls next year to prevent outsiders and former students from residing in the dormitories, reports bdnews24.com.DU Vice chancellor Prof ASM Maksud Kamal revealed the...
Students seeking admission to 24 public universities coming out of an examination centre after appearing at the cluster entry test for Commerce unit (C-unit) for the 2023-24 academic session. The picture was taken from the city's Willes Little Flower School...
After a month-long heatwave, Bangladesh saw some relief thanks to the rain. But this relief is likely to be short-lived, reports bdnews24.com.The Bangladesh Mete-orological Department says temperatures will start rising again from tomorrow (Sunday) and a heatwave is expected from...
A peace and development rally of Awami League (AL) will be held in front of Aarong in city's Mohammadpur area at 3:30pm today (Saturday), reports BSS.AL General Secretary and Road Transport and Bridges Minister Obaidul Quader today informed this at...
Social Welfare Minister Dr Dipu Moni has said that Europe is a proven friend and development partner of Bangladesh, reports BSS."Europe is a proven friend and development partner of Bangladesh. Last year, Bangladesh-EU bilateral relations crossed 50 years," she said.The...
Foreign Minister Hasan Mahmud on Friday said there is a necessity for all the countries to work together to improve human rights records, including in the United States and Europe, reports UNB."Look, the human rights situation in Bangladesh is much...
Awami League (AL) General Secretary and Road Transport and Bridges Minister Obaidul Quader on Friday said if their party leaders and workers don't stay in field, BNP will carry out terrorist activities in the name of holding rally, reports BSS....
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