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Club Cup Hockey Usha KC blank Sonali Bank 2-0

2010-04-08 00:00:00

Usha Krira Chakra completed their Dhaka Bank Club Cup Hockey group B commitments with three consecutive wins as they registered a 2-0 victory over Sonali Bank at the Moulana Bhashani Hockey Stadium Wednesday, reports BSS. Usha emerged as the group...

V'nissa-Agargaon Ideal final match today

2010-04-08 00:00:00

Viqarunnissa Noon School & College meets Agargaon Ideal High School in the final of the Citycell School Football Thursday at 4 pm at the Bangabandhu National Stadium, reports UNB.Shipping Minister Shahjahan Khan will be the chief guest in the day's...

India, Yemen win in men's Handball

2010-04-08 00:00:00

India and Yemen won their opening matches in the IHF Men's Handball Challenge Trophy at the Suhrawardy National Indoor Stadium at Mirpur in the city Wednesday, reports UNB. In the day's matches, India beat Nepal 44-22 (1st half 22-5) while...

Akmal brothers appeal against Pakistan fines

2010-04-08 00:00:00

KARACHI, Apr 7 (AFP): Pakistan's cricketing brothers Kamran and Umar Akmal have appealed against fines and probation punishments meted out by the country's cricket board, an official confirmed Wednesday. The Pakistan Cricket Board fined elder brother Kamran three million rupees...

WASA desperate on tapping surface water from rivers

2010-04-08 00:00:00

Fazlur Rahman The government is seeking for funds to help Dhaka WASA implement a raft of its plans in order to alleviate the persistent water crisis as well as improve water quality in the capital, officials said. Dhaka WASA, which...

Severe power crisis cripples businesses, city life in Barisal

2010-04-08 00:00:00

BARISAL, Apr 7 (UNB): Frequent power outage, often for longer periods, is seriously hampering operations of industrial units and irrigation in the district.Common people, specially the HSC examinees, businessmen, and city dwellers, have been suffering badly due to acute load-shedding...

ACC argues graft case against Hasina is lawful

2010-04-08 00:00:00

The High Court has set April 13 as the date it will rule on whether to quash the barge-mounted power plant graft case lodged against Prime Minister Sheikh Hasina, reports bdnews24.comThe bench of justices Md Shamsul Huda and Md Abu...

Wife strangulated to death, RMG worker killed in Ctg

2010-04-08 00:00:00

Our CorrespondentCHITTAGONG, Apr 07: Two persons including a housewife were killed in separate incidents in the port city last night.Rokan Islam Rakib (22), a garment worker, was severely stabbed to death by a group of garment workers in Sagorika area...

HC orders 'no torture' of Bashundhara boss

2010-04-08 00:00:00

The High Court (HC) has ordered the police not to "physically or mentally torture" Bashundhara Group Chairman Ahmed Ali Akbar Sobhan alias Shah Alam when questioning him in connection with the murder of ward-17 commissioner Ahmad Hossain.

Journo's father dies

2010-04-08 00:00:00

Shafiul Haq, a language movement veteran, and a former EPCS officer died of brain cancer Wednesday night at city's Central Hospital (Inna …rajeun). He was 83. A retired headmaster, he authored several books, including Ideology of Islam, 'Janata Jago,' and...

Production goes haywire for power disruptions

2010-04-08 00:00:00

Jasim Uddin Haroon Frequent power outages have been taking its heavy toll on the country's trade, industries and other economic activities as the manufacturing units alone are losing at least 30-40 per cent of their production because of the disruption....

All about AC use and CNG price rise

2010-04-08 00:00:00

Shahiduzzaman KhanThe country's energy regulator prohibited the use of air conditioners (AC) during peak hours -- from 6.0pm to 11pm daily until further notice. This is an unprecedented move by the regulator.While announcing the restriction, the regulator said it is...

PM to talk power situation with officials today

2010-04-08 00:00:00

FE ReportPrime Minister Sheikh Hasina will discuss today (Thursday) the country's overall electricity generation situation and future programmes with the top officials of power ministry and state-owned power entities.From Thursday's meeting the PM, who is also the minister for power...

Taskforce formed to implement second stimulus package

2010-04-08 00:00:00

FE Report The government has formed a taskforce to implement the second stimulus package to help the exporters tide over the difficulties caused by nagging energy crisis and global recession.It has also decided to waive peak-hour electricity charge for garment...

Govt allows setting up power plants on unsolicited proposals

2010-04-08 00:00:00

M Azizur RahmanThe government has allowed building power plants by local and foreign firms on unsolicited proposals avoiding tendering process in an unprecedented move to face the country's worst-ever power crisis, officials said. No prior experience by private firms would...

Dhaka stocks edge slightly higher

2010-04-08 00:00:00

FE ReportDhaka stocks edged slightly higher in the heavily fluctuating market Wednesday with the turnover continuing to suffer.The market swung between negative and positive several times as it lost steadily in the opening hour of trading and turned around in...

NBR won't take any decision hurting small investors

2010-04-08 00:00:00

Doulot Akter MalaThe National Board of Revenue (NBR) will not take any decision that might hurt small investors in the share market, said NBR chairman Wednesday.The revenue board needs complete proposal from Dhaka Stock Exchange (DSE) to take any decision...

HC verdict on UCBL writ upheld

2010-04-08 00:00:00

FE ReportThe Appellate Division (AD) of the Supreme Court (SC) upheld Wednesday the verdict of the High Court (HC) on the writ petition of the United Commercial Bank Limited (UCBL) giving validity to the record date of July 30, 2008...

13 BDR men get 7 years in jail in Panchagarh trial

2010-04-08 00:00:00

A special BDR court Wednesday sentenced 13 rifles-men to seven years of rigorous imprisonment for committing rebellion in Panchagarh. In the first verdict involving charges linked to the Bangladesh Rifles (BDR) mutiny of Feb 25-26, 2009, the special court in...

30th BCS exam form submission till April 20

2010-04-08 00:00:00

Application forms for the 30th BCS examination can be submitted from April 11 to 20 to the Bangladesh Public Service Commission (PSC), an official release said. The application will be received at the newly-constructed building of the PSC at plots...

2 children drown in city pond

2010-04-08 00:00:00

Two children drowned in a pond at the city's Pallabi at around 12:00pm Wednesday. Helena Parvin, a sub-inspector of Pallabi Police Station said the incident happened when the two children, namely Sumon (8), and Momin (10) went to take a...

A turning of the tide

2010-04-08 00:00:00

Mahmudur RahmanThe garments industry brought in some of the biggest private sector investments this country has seen for decades. Along with it were increased job opportunities and subsequently support and back-up businesses. And in the hey-days entrepreneurs, doubling back to...

Vision paper 2021 gets nod of planning commission

2010-04-08 00:00:00

FE ReportThe planning commission Wednesday approved the country's vision paper 2021, the first of its kind, which targets double-digit growth and cutting poverty 14 per cent by the financial year 202l, officials said.A steering committee, headed by planning minister AK...

35pc FIs invest in polluting industries

2010-04-08 00:00:00

FE ReportThirty-five per cent of the country's financial institutions have invested in industries that pollute the environment, as they lack mechanism and in-house capacity to check such financing, a study said. These industries were not only doled out money as...

US, India pledge to enhance cooperations in finances

2010-04-08 00:00:00

From Fazle RashidNEW YORK, Apr 07: US treasury secretary Tim Geithner is in New Delhi for expanded Indo-US collaborations. Geithner and India's finance minister Pranab Mukherjee pledged to increase cooperations on macroeconomic issues and finances. They would soon meet in...

IMF asks NBR to shorten list of tax exemption beneficiaries

2010-04-08 00:00:00

FE ReportInternational Monetary Fund (IMF) has urged the revenue board to shorten the list of beneficiaries enjoying income tax exemptions, update the laws related to Value added Tax (VAT) and reduce customs duty on imported goods from next fiscal commencing...

IFC to pick up 9.92pc stake in Chola DBS

2010-04-07 00:00:00

CHENNAI, Apr 6 (Economic Times): International Finance Corporation (IFC), the private financing arm of World Bank, has proposed to pick up 9.92 per cent stake in Cholamandalam DBS Finance (CDFL), a part of Murugappa group, for a consideration of Rs...

SpiceJet shares surge on stake sale report

2010-04-07 00:00:00

MUMBAI, Apr 6 (Reuters): Shares of budget carrier SpiceJet Ltd surged Tuesday on a report that its promoters were in talks with a Religare group firm to sell stake, and analysts said the stock could rise further if a bidding...

Greek worries return to hit euro, world shares flat

2010-04-07 00:00:00

Frankfurt, Apr 6 (Reuters): The euro fell against both the dollar and yen Tuesday on renewed worries about Greek debt while world shares were flat with Europe higher.Jitters about Greece returned to the market after a newspaper report said it...

DLF ropes in Goldman for Aman Resorts stake sale

2010-04-07 00:00:00

NEW DELHI, Apr 6 (Economic Times): DLF, India's largest real estate company, has appointed Goldman Sachs as an adviser as it attempts to fund buyers for Aman Resorts, a luxury hotel chain it had acquired in November 2007 for $400...