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Rail disaster averted in Nilphamari

2023-12-15 00:00:00

A major rail disaster was averted in Nilphamari when locals chased away a group of criminals tampering with railway tracks, report agencies.Meanwhile, train communication on Gazipur's Joydebpur-Mymensingh route resumed early Thursday morning a day after a commuter train derailed in...

HC for holding public fund embezzlers accountable

FE REPORT | 2023-12-15 00:00:00

The High Court on Thursday said that those who misappropriate public funds must be held responsible and accountable. It further said the authorities should take appropriate action if the vice chancellor of any public university commits illegality, irregularity, and fund...

Political gatherings banned from December 18

2023-12-15 00:00:00

Following the instructions of the Election Commission, the ministry of Home Affairs ordered not to hold any kind of rallies except election campaigns from December 18, reports UNB.The Ministry of Home Affairs issued a notification in this regard on Thursday.According...

Uneven tariff rates may jeopardise growth: Report

FE REPORT | 2023-12-15 00:00:00

The tariffs of electricity generated from renewable energy sources vary widely in Bangladesh, with private producers getting the highest price for selling electricity.The private sector projects are charging US$0.13/Kwh of electricity as compared to the lowest $0.10/Kwh of public projects...

Arsonists, saboteurs have no right to do politics: Hasina

2023-12-15 00:00:00

Prime Minister Sheikh Hasina on Thursday said those who resorted to arson attacks, destructions, and removing fishplates from rail lines had no right to do politics in Bangladesh, reports UNB. "They are collaborators of the defeated forces of 1971," she...

Central bank bans transactions with MLM co 'Onpassive'

2023-12-15 00:00:00

The Bangladesh Bank has issued a directive urging individuals to refrain from aiding investments or engaging in transactions with the fraudulent organisation 'Onpassive' due to its alleged involvement in money embezzlement, reports UNB.The central bank issued a notification on Thursday...

Cooking oil simmers amid volatility in onion prices

FE REPORT | 2023-12-15 00:00:00

The past week saw severe volatile onion prices, spiking by 120 per cent, and escalating cooking oil costs, adding to the burden of households and prompting authorities to launch market raids.Market insiders, however, alleged that traders profited millions before the...

Briefing 2023-12-15

2023-12-15 00:00:00

Prayer Timings (2023-12-15)

2023-12-15 00:00:00

BD tops ship-breaking again, but dollar woes mask tonnage slide

MONIRA MUNNI | 2023-12-15 00:00:00

Bangladesh maintained its position as the world's top ship-breaking destination in the first nine months of 2023, with imports of scrapped vessels rising 36 per cent compared to the same period last year. However, industry insiders claimed that this surge...

Maiden land LNG terminal trapped in dilemmas

M AZIZUR RAHMAN | 2023-12-15 00:00:00

Bangladesh's planned maiden land-based LNG terminal remains trapped in land-acquisition dilemmas for long while temporary floating ones banking on swelling imports of the liquefied natural gas amid fuel shortages, said sources.The plan for building the state-sector plant was made around...

President, PM pay homage to martyred intellectuals

2023-12-15 00:00:00

President Mohammed Shahabuddin and Prime Minister Sheikh Hasina paid tributes to the martyred intellectuals on Thursday, reports UNB. The president and the Prime minister separately placed wreaths at the Martyred Intellectuals Memorial at Mirpur.They stood there in solemn silence for...

Import rebound elusive, falls further amid fund crunch

JASIM UDDIN HAROON | 2023-12-15 00:00:00

Import rebound still remains elusive as a double-digit contraction was recorded in five months of this fiscal with consumer goods accounting for the deepest dip by nearly 27 per cent. Economists feel such import fall, evidently following belt-tightening amid dollar...

Oil rises on weaker dollar, IEA demand upgrade

2023-12-15 00:00:00

LONDON, Dec 14 (Reuters): Oil prices rose on Thursday, extending the previous session's gains, boosted by a weaker dollar and as the International Energy Agency (IEA) lifted its oil demand forecast for next year.Brent futures were up $1.42, or 1.9...

New CIS-BCCI office bearers take over

2023-12-15 00:00:00

Mohammad Ali Deen has officially taken over as President of the Common-wealth of Independent States-Bangladesh Chamber of Commerce and Industry (CIS-BCCI) for the term of 2023-2026. The transition took place on Thursday as the outgoing Board of Directors, led by...

Health risks, environmental pollution low for IDCOL's improved cookstoves

2023-12-15 00:00:00

Considering environmental pollution and health risks, 25 million (2.5 crore) Improved Cook Stove (ICSs) will be replaced in the country by 2030. So far 4 million improved stoves have been replaced. This is helping check health risks of women and...

News in Brief -2023-12-15)

2023-12-15 00:00:00

House Republicans launch Bidenimpeachment inquiry NEW YORK, Dec 14: The US House of Representatives voted on Wednesday to formally authorise its ongoing impeachment inquiry into President Joe Biden, as Republicans unite behind the effort even though they have yet to...

Woman charged for stealing van with 10,000 doughnuts

2023-12-15 00:00:00

SYDNEY, Dec 14 (BBC): A woman in Australia has been charged with stealing a delivery van packed with 10,000 Krispy Kreme doughnuts. The van went missing from a petrol station in a Sydney suburb in the early hours of 29...

Melanoma vaccine could be available by 2025: Moderna

2023-12-15 00:00:00

WASHINGTON, Dec 14 (AFP): Moderna CEO Stephane Bancel told AFP his company's experimental vaccine against melanoma could be available in as little as two years, in what would amount to a landmark step against the most serious form of skin...

Israel bombs Gaza as rift with US grows

2023-12-15 00:00:00

GAZA, Dec 14 (AFP): Israel bombed Gaza on Thursday as a top White House advisor was due to arrive in Jerusalem with a rift growing over US calls for its ally to exercise restraint.The war, now in its third month,...

Japan's four ministers quit

2023-12-15 00:00:00

TOKYO, Dec 14 (BBC): Four cabinet ministers in Japan quit on Thursday over a fundraising scandal involving the ruling party's most powerful faction. More than 500m yen (£2.8m; $3.4m) is alleged to have ended up in slush funds over a...

15 India opposition MPs suspended for protests

2023-12-15 00:00:00

NEW DELHI, Dec 14 (BBC): Fifteen Indian opposition MPs have been suspended after they protested against a security breach in the parliament. At least four people were arrested after two intruders shouted slogans and set off coloured smoke inside parliament....

Developing new fighter jet aimed at

2023-12-15 00:00:00

TOKYO, Dec 14 (AP): The defense ministers of Japan, Britain and Italy signed an agreement on Thursday to establish a joint organization to develop a new advanced jet fighter, as the countries push to strengthen their cooperation in the face...

Documentation of Siliguri Conference

Debashish Mitra | 2023-12-15 00:00:00

We were the war generation Indian children, as India had fought three wars in our childhood years. 1948, 1962 and 1965. 1971 was still to happen. My father – Brigadier Ajit Kumar Mitra, AVSM, was born in Odisha in 1921,...

Street children need attention in winter

2023-12-15 00:00:00

Warm and cosy nights are not for everyone in winter. It is a difficult time for the children who spend night on city footpaths. The cold winds during the winter nights pierce their skin, but they have hardly anything to...

Onion ruckus and a hole in statistics

Zahid Huq | 2023-12-15 00:00:00

The slaughter of the consumers centring around prices of onion, the pungent bulb, is over. The noise over onion prices has been rather short-lived, as the price of the item has scaled down to the previous level at almost identical...

Rise of crorepatis and woes of the marginalised

Nilratan Halder | 2023-12-15 00:00:00

The Indian reality or game show 'Kaun Banega Crorepati' hosted by celebrated actor Amitabh Baccchan had its premiere in 2000 giving contestants the opportunity to win Rs 1.0 crore or 10 million in 96 minutes at the latest or even...

A major breakthrough in oil refinery sector

Soumya Bhowmick | 2023-12-15 00:00:00

In a significant policy shift, the government is poised to allow investments in the establishment of refineries and marketing of refined oil products, both for domestic consumption and export. A recent gazette notification has unlocked the previously restricted industry sector...

Onion shortage--a case of market failure

Abdullah A. Dewan | 2023-12-14 12:00:00

Is the current onion shortage a supply-demand imbalance or an episode of market failure? Whatever the reason, exorbitant onion price spirals are an indication of the failure of coordination of the market by the government. Despite multiple measures being taken...

Google, Meta, Qualcomm team up to push for open digital ecosystems

2023-12-14 00:00:00

BRUSSELS, Dec 13 (Reuters): Alphabet's (GOOGL.O) Google, Meta Platforms (META.O), Qualcomm (QCOM.O) and seven other tech companies on Wednesday teamed up to push for open digital ecosystems in response to new EU tech rules in a move that may also...