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Mamata Banerjee, India's tallest political leader

Syed Badrul Ahsan | 2021-05-04 00:00:00

To paraphrase Charles de Gaulle, Mamata Banerjee has lost a battle, in Nandigram, but she has won the war in West Bengal. Having beaten the Bharatiya Janata Party (BJP) so decisively at the state elections, despite all the big guns...

10-month remittance above $20b

SIDDIQUE ISLAM | 2021-05-03 00:00:00

Despite the economic impact of the Covid-19 pandemic, the inflow of remittances crossed $20 billion mark in the first 10 months of this fiscal year (FY), registering an increase of nearly 39 per cent year on year, officials said.The inward...

Dancing in hospital corridor

Neil Ray | 2021-05-03 00:00:00

Physicians are unlikely to be adept in dancing like professional dancers nor are they supposed to practise a dancing session in hospitals while on duty. But in a most abnormal time, the most unthinkable happens ---and not necessarily to make...

Lockdown: Which way to go?

Shamsul Huq Zahid | 2021-05-03 00:00:00

The coronavirus, after a lull, has made a comeback in several countries located on different continents. Asia seems to be its prime target this time. Neighbouring India is now witnessing the worst of the pandemic as there have been records,...

China: The rise of a trade titan

Alessandro Nicita and Carlos Razo | 2021-05-01 12:00:00

China is perhaps one of the most unprecedented stories of economic development in recent history. In the last 25 years, the country's economy rapidly expanded, lifting more people out of poverty than anywhere else in the world.But all this wouldn't...

BSCCL to claim downtime payment from Bharat Sanchar

ISMAIL HOSSAIN | 2021-05-01 00:00:00

The Bangladesh Submarine Cable Company Ltd (BSCCL) is going to claim $120,000 in downtime payment from Indian state mobile service Bharat Sanchar Nigam Ltd (BSNL).Sources said the BSNL recently paid dues to the BSCCL, but the amount fell short of...

Barapukuria may host solar power plant

SYFUL ISLAM | 2021-05-01 00:00:00

The government has moved to turn a pollution zone into a clean energy source by setting up a floating solar power plant. The power plant is planned in a water-body of over 200 acres, created after extraction of coal from...

Govt unlikely to meet bank borrowing target this fiscal

SIDDIQUE ISLAM | 2021-05-01 00:00:00

The government's bank borrowing target is unlikely to be achieved by the end of this fiscal year (FY) due to lower implementation of the annual development programme (ADP) caused by the ongoing Covid-19 pandemic.Higher sales of national savings certificates (NSCs)...

Stocks keep gaining amid eased virus worries

BABUL BARMAN | 2021-05-01 00:00:00

Stocks extended the winning streak for the third straight week as investors' buying appetite continued on sector-wise issues based on the quarterly earnings and year-end dividend declarations.The week saw usual five trading sessions. Of them three sessions closed higher while...

Wider tax net, higher tax-GDP ratio

Abdul Hamid | 2021-05-01 00:00:00

Out of a population of about 164.7 million in our country, there are only 5.62 million e-TIN holders. And the number of regular e-TIN holders i.e. those who file returns and pay taxes is about 2.47 million. Despite positive economic...

The commercial regime of free gift

Nilratan Halder | 2021-05-01 00:00:00

'Buy one get one free', 'up to 50% discount' on this or that occasion, 'now an attractive mug' or a free tub with a packet of detergent (brand) ….these are but a few of the catchwords of aggressive sale of...

President Biden says goodbye to Afghanistan

Abdur Rahman Chowdhury from Falls Church, Virginia, USA | 2021-05-01 00:00:00

President Joe Biden announced on Wednesday April 14 that the United States would withdraw all troops from Afghanistan by September 11, 2021 on the 20th anniversary of Afghanistan invasion. In a sober address, Biden said, "I am now the fourth...

Trump, pandemic and the new world order

A K Enamul Haque | 2021-05-01 00:00:00

It was the former US President Donald Trump who initiated a big change and shook the centre of global economic order. His emphasis on 'America First' principle made the world wonder about the future of the global economy. Leadership in...

RHD waits for Padma Bridge opening

Munima Sultana | 2021-04-30 00:00:00

The Roads and Highways Department (RHD) is likely to bring the Dhaka-Mawa highway under toll system simultaneously with the Padma Bridge after its inauguration, officials said.They said the department has decided to delay the process of imposing tolls for the...

The attention they need

Selima Ahmad | 2021-04-30 00:00:00

Despite having a significant quantity of quality products at very low prices, the women  entrepreneurs are unable to sell the items in the international markets, even in the neighbouring countries like India, Bhutan, Nepal and Myanmar ---- Bangladesh Women Chamber...

Reflections on Bangladesh's development journey

Tanjim-Ul-Islam | 2021-04-30 00:00:00

In order to commemorate the birth centenary of the Father of the Nation Bangabandhu Sheikh Mujibur Rahman, Bangladesh Institute of Development Studies (BIDS) has published two volumes of Readings in Bangladesh Development. It is a set of selected research papers,...

Lower the stock is higher the prices

Shamsul Huq Zahid | 2021-04-30 00:00:00

One would always notice one or two or even more surprising or confusing developments involving the state agencies in this part of the world. Since the outbreak of Covid-19, the people have witnessed a few such developments in the country's...

Ensuring farmer's just share of the fruits of their toil

Nilratan Halder | 2021-04-30 00:00:00

The World Food Programme's (WFP's) latest prediction is dire: 265 million people in the low and middle-income countries may suffer acute hunger by the end of this year. This is almost double the number the Global Report on Food Crises...

Growth in terms of GDP -- no indicator of overall wellbeing

Asjadul Kibria | 2021-04-30 00:00:00

Although businesses are reeling under the pandemic, it appears that the country's policymakers find little to worry about economic growth. They are of the view that the economy is growing despite all odds and so, according to them, it will...

Road transport sector to come under digital security system

Munima Sultana | 2021-04-29 00:00:00

Road and transport sector has been brought under the digital security system for ensuring smooth highway connectivity and online payment system.The executive committee of the Digital Security Agency (DSA) in a meeting on April 25 approved the inclusion of the...

BSEC move to facilitate renewal of PPAs with listed power cos

Mohammad Mufazzal | 2021-04-29 00:00:00

The securities regulator has moved to facilitate the renewal of the power purchase agreements (PPAs) earlier signed between the government and some listed power companies.The officials of the Bangladesh Securities and Exchange Commission (BSEC) said the initiative has been taken...

Govt picks 17 items to promote export

SYFUL ISLAM | 2021-04-29 00:00:00

The government has selected 17 products to promote in the post-Covid era and to enhance their exports after Bangladesh graduates from least developed country (LDC) to lower middle income status, officials said.The products are selected from a list of items,...

Industry-academia collaboration at IUT Career Expo

Aseer Nehal-Ul-Islam | 2021-04-29 00:00:00

The Islamic University of Technology Career and Business Society (IUT CBS), a student association of IUT, has successfully arranged its first ever gamified career fair 'Career Expo 2021' powered by Spaces on April 18 and 19. After a brilliant first...

Social impact of pandemic: The good and the bad

Md Muksetul Islam | 2021-04-29 00:00:00

The pandemic has had a drastic impact on the socio-cultural aspects of people's lives. The lockdown and this new way of life have forced people to adapt countless changes which are called 'new normal.' as the pandemic is taking a...

Perils of vaccine nationalism

Helal Uddin Ahmed | 2021-04-29 00:00:00

As the richer nations engage in vaccine nationalism, many poorer countries are apprehensive about their prospects in the Covid-19 vaccination campaign. A convenient solution to this huge challenge of overcoming global 'Vaccine Divide' may lie in the vaccines produced by...

Yields on BGTBs drop notably

Siddique Islam | 2021-04-28 00:00:00

The yield on Bangladesh Government Treasury Bonds (BGTBs) dropped significantly on Tuesday, as the commercial banks preferred to invest their excess funds in the securities due to the ongoing lockdown, bankers said. The cut-off yield, generally known as interest rate,...

Mar tax revenue soars 22.65pc

DOULOT AKTER MALA | 2021-04-28 00:00:00

Tax revenue collection in the month of March registered a hefty 22.65 per cent growth despite Covid-19 pandemic thanks to surge in import of goods.According to data of the National Board of Revenue (NBR), import stage revenue grew by 46.97...

Why big data is all the buzz for statisticians

Irina Bernal, Tanja Sejersen, Ronald Jansen and Niels Ploug | 2021-04-28 00:00:00

Big data permeates many aspects of people's lives, from daily communication and interactions, to shopping and consumption and the medical treatments they receive. Big data is also transforming the way people and businesses make decisions and measure things. With an...

Diplomats' tales . . . in their memoirs

Syed Badrul Ahsan | 2021-04-28 00:00:00

Diplomats in our times have generally been an enviable lot. They occupy positions, beginning from the early stages in their careers all the way to superannuation, which enable them to understand and indeed initiate nuances in their nations' ties with...

Banks can form start-up fund with 1.0pc of their net profits

SIDDIQUE ISLAM | 2021-04-27 00:00:00

The central bank has amended its policy allowing all banks to form their own start-up fund with 1.0 per cent of net profits instead of operating ones earlier, officials said.To provide start-up entrepreneurs with loans, all the scheduled banks have...