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Weather (2024-07-13)

2024-07-13 00:00:00

Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at most places over Rangpur, Mymensingh, Chattogram and Sylhet divisions and at many places over Dhaka, Rajshahi, Khulna and Barishal divisions with moderately heavy to very...

News in Brief -2024-07-13

2024-07-13 00:00:00

Mother dies falling from son's bikeA woman has died after falling off the back of her son's motorcycle in Chapainawabganj's Sadar upazila, reports bdnews24.com. The accident occurred in the Narendrapur area of the Sadar upazila around 10:00 am on Friday,...

Youth stabbed dead in capital

FE REPORT | 2024-07-13 00:00:00

An employee of a beverage company was stabbed to death by unidentified miscreants in Kadamtali area of the capital on Thursday night.The deceased was identified as Mahbub Alam, 52, who was engaged in supplying water and soft drink bottles to...

Agitating students of Jahangirnagar University brought out a torch procession

2024-07-13 00:00:00

Agitating students of Jahangirnagar University brought out a torch procession on the campus on Friday, protesting attacks on the anti-quota movement participants in various parts of the country. — FE Photo

Road accidents claim six lives in two districts

2024-07-13 00:00:00

At least six people were killed in separate road accidents in Chattogram and Jashore districts on Friday, report agencies. In Chattogram, three people, including a child, were killed after a CNG-run autorickshaw collided head-on with a salt-laden truck in Chattogram's...

BD, Indian FMs discuss Teesta, goods supply

FE REPORT | 2024-07-13 00:00:00

Teesta and supply of essential commodity issues, among others, were discussed during the bilateral meeting between foreign minister Dr Hasan Mahmud and his Indian counterpart Dr S Jaishankar.They sat in talks on the sidelines of the Second BIMSTEC Foreign Ministers'...

CMP recommends suspension of ADC Karmul

2024-07-13 00:00:00

CHATTOGRAM, July 12 (UNB): Chattogram Metropolitan Police (CMP) has written to the police headquarters in Dhaka recommending suspension of Additional Deputy Commissioner (ADC-Crime) Mohammad Kamrul Hasan after an internal police probe confirmed his involvement in graft.The recommendation of the suspension...

Govt taking multifaceted approach to cut poverty

2024-07-13 00:00:00

Chattogram, July 12, (UNB): State Minister for Finance Waseqa Ayesha Khan said that over the past 16 years, approximately Tk 9.0 trillion (9 lakh crore) has been allocated to the social security sector, a rare feat in the South Asian...

Modi focuses on BIMSTEC as engine for economic, social growth

2024-07-13 00:00:00

Foreign ministers from the BIMSTEC Member States jointly met Indian Prime Minister Narendra Modi in New Delhi on Friday, reports UNB.He had 'fruitful discussions' with the group of Ministers on further strengthening the regional cooperation in diverse areas including connectivity,...

Lalmonirhat district AL meeting held

2024-07-13 00:00:00

LALMONIRHAT, July 12 (BSS): A monthly meeting of Lalmonirhat District unit of Awami League was held at AL office on Thana road in district town on Friday.Lalmonirhat District AL President Motahar Hossain, MP, presided over the meeting and its General...

BNP leader killed in Ctg road crash

2024-07-13 00:00:00

CHATTOGRAM, July 12 (UNB): A BNP leader from Mirsharai upazila of Chattogram was killed in a road accident on the Dhaka-Chattogram highway on Friday morning.The dead, Kamrul Alam (38), was the convener of the Maghadia union BNP unit, said Kumira...

Protesting students should leave the streets: Anisul

2024-07-13 00:00:00

BRAHMANBARIA, July 12 (UNB): Law Minister Advocate Anisul Huq said on Friday ghosts of anti-independence elements are conspiring in the name of quota reform movement.He said the protesting students should leave the streets and return to classes following the decision...

Myanmar sounds positive in taking back Rohingyas, says Hasan

2024-07-13 00:00:00

Myanmar Foreign Minister Than Swe has responded positively to the start of repatriation of the Rohingyas to their homeland, Myanmar, reports UNB.Myanmar's foreign minister expressed this positive approach during a bilateral meeting with Foreign Minister Hasan Mahmud on the sidelines...

Nepalese Prime Minister loses parliamentary confidence vote

2024-07-13 00:00:00

KATHMANDU, July 12 (AFP): Nepali Prime Minister and former Maoist guerrilla commander Pushpa Kamal Dahal lost a parliamentary vote of confidence on Friday barely 18 months after taking office, throwing open the Himalayan republic's revolving door leadership.Better known by his...

Fight for voting rights like fight against quota

FE REPORT | 2024-07-13 00:00:00

Bangladesh Nationalist Party (BNP) has called upon the students to engage themselves in the movement for restoring democracy and getting back voting rights of people - apart from their ongoing agitation for quota reforms in the government services.BNP Standing Committee...

Don’t be abused as anyone’s political tools

2024-07-13 00:00:00

Urging the quota protesters not to be abused as political tools of anyone, Awami League (AL) General Secretary Obaidul Quader has said his party is always sincere about the logical demand of the country's people, reports BSS."No logical demand was...

Unilever to cut a third of jobs in Europe

2024-07-13 00:00:00

Unilever plans to cut a third of all office roles in Europe by the end of 2025 as a part of a push by the CEO to revive growth at the consumer goods giant, reports Reuters.The company, whose shareholders include...

Global bond funds see hefty inflows on rate cut hopes

2024-07-13 00:00:00

Global debt funds attracted inflows for a 29th straight week in the seven days to July 10 on expectations of a Federal Reserve rate cut amid weakening labour market conditions and easing inflation levels, reports Reuters.According to LSEG data, global...

BRAC BANK CELEBRATES ACHIEVEMENT

2024-07-13 00:00:00

BRAC Bank Distribution Network has achieved a net deposit growth of Tk 55 billion in the first half of 2024, breaking all-time industry records in the past. Meheriar M Hasan, Chairperson, Selim R F Hussain, Managing Director & CEO, and...

Stock rally loses steam on profit-taking

FE REPORT | 2024-07-13 00:00:00

The stock market managed to stay positive this week, extending the gaining streak for the fourth straight week even as cautious investors opted to book profit on quick-gaining stocks.As many stocks saw price appreciation by 10 to 15 per cent...

Speculation of Japan forex intervention after yen rally

2024-07-13 00:00:00

TOKYO, July 12 (AFP): A surge in the yen triggered speculation among analysts on Friday that Japanese authorities may have again intervened in forex markets to prop up the ailing currency.In New York, the dollar shed more than two percent...

US unveils $1.7b boost to electric vehicle manufacturing

2024-07-13 00:00:00

WASHINGTON, July 12 (AFP) : US President Joe Biden's administration said Thursday it is issuing $1.7 billion in grants to help expand or revive auto facilities for making electric vehicles and parts -- including in election battlegrounds Michigan and Georgia.The...

India's opposition Congress asks Modi to tax billionaires more

2024-07-13 00:00:00

NEW DELHI (Reuters): India's main opposition Congress party asked Prime Minister Narendra Modi on Friday to impose an additional tax on the country's billionaires to generate funds for stretched public services like education and health.The annual budget will be presented...

Africa proposes WTO chief for 2nd term

2024-07-13 00:00:00

GENEVA (Reuters): The African Group has asked World Trade Organization (WTO) chief Ngozi Okonjo-Iweala to run for a second term as the head of the global trade watchdog, a document showed on Friday.Okonjo-Iweala, a former Nigerian finance minister, made history...

BIMSTEC urged to establish a 'free trade area'

FE REPORT | 2024-07-13 00:00:00

Discussants at the 3rd Bay of Bengal Economic Dialogue 2024 have called upon the BIMSTEC leaders to establish a 'BIMSTEC free trade area' to expedite trade and investments among the member nations.They also called for the creation of a 'BIMSTEC...

Russia tests armoured plating to protect energy infrastructure

2024-07-13 00:00:00

MOSCOW (Reuters): Russia's state-owned Rostec corporation said on Thursday it had successfully conducted trials of armoured plating designed to protect critical infrastructure from drone attacks, grenades and bullets.Rostec said each plate weighed 30 kilogrammes and that such plates could potentially...

Oil trades in narrow range since 2022 on OPEC+, sanctions and demand worries

2024-07-13 00:00:00

LONDON (Reuters): Brent crude oil has been trading in a tight range of $75-$90 a barrel since late 2022 as OPEC+ cuts keep a floor under prices while sizeable spare capacity, demand uncertainty and sanctions policy prevent the market breaking...

News in Brief 2024-07-13

2024-07-13 00:00:00

Billionaire bash: India's lavish Ambani nuptialsMUMBAI, July 12: Billionaire Indian tycoon Mukesh Ambani celebrates the lavish finale of his son's wedding this week, highlighting his staggering wealth, as well as India's rapid economic growth and stark financial inequalities. Ambani's younger...

NATO summit highlights defence deals for RTX, Boeing and others

2024-07-13 00:00:00

WASHINGTON (Reuters): The NATO summit in Washington showcased a series of significant deals for top U.S. defence companies and others, including RTX, Lockheed Martin, Boeing, Norway's Kongsberg Defense and Sweden's SAAB. Here are some of the weapons procurements that were...

Meloni upstaged in Europe after challenging weeks

2024-07-13 00:00:00

ROME, July 12: Italy's Prime Minister Giorgia Meloni has carved a reputation for herself as a leader and unifier of Europe's fractured far right, but political turmoil on the continent has shaken her position.Close ally Viktor Orban of Hungary has...