When recessions officially begin and end may not mean much to consumers feeling harsh economic pain. But now that the "R" word is official in the United States, President-elect Barack Obama may find it easier to power his economic agenda...
With the shadow of extremism reaching beyond the borders of Pakistan and India, analysts say the stakes -- as the nuclear-armed rivals try to hang on to an uneasy peace -- are higher than ever in the wake of the...
India's economy may outperform expectations as long as relations with neighbouring Pakistan aren't derailed by last week's terrorist attacks on Mumbai, said Jim O'Neill, chief economist at Goldman Sachs Group Inc. "So long as Indian and Pakistani policy makers don't...
India's new home minister has admitted that there were security lapses in last week's militant attacks on Mumbai, reports BBC.Palaniappan Chidambaram said the lapses were being "looked into" and their "causes would be addressed soon".Officials have now revised the death...
The US elections with victorious Barack Obama was all about change. For the Bushes, it is all about changing their residential address once out of the White House, according to Internet. The outgoing president George W Bush and his wife...
COLOMBO, Dec 5 (AFP): Sri Lanka's military says it has entered a town in the north-east of the country used as a naval base by the Tamil Tiger rebels.Government troops have entered Alampil, six miles (10km) south of Mullaitivu, the...
PESHAWAR, Dec 5 (AFP): Pakistani troops killed at least 10 militants in the northwestern Swat valley, where the military is waging an offensive against the Taliban, officials said Friday. Troops killed six militants in a ski resort town in the...
Zimbabwe's President Robert Mugabe must resign or be sent to The Hague for the "gross violations" he has committed, Archbishop Desmond Tutu has said, reports BBC.The Nobel Prize winner also told Dutch television that Mr Mugabe should be removed by...
NASA lands a cosmic first with 'tweets' from Mars SAN FRANCISCO, Dec 5: If the Phoenix Lander comes back to life on Mars, Twitter users could be among the first to know. NASA gave the historic Space Age mission an...
FE Report The global financial hurricane will put "a mild brake" on Bangladesh's growth pattern in the current fiscal, the Asian Development Bank (ADB) warned Friday, hoping the next government will speed up reforms to spur growth and create jobs....
S M JahangirThe government has taken steps to maintain a buffer stock of urea fertiliser to ensure its uninterrupted supply to the farmers during the current 'Boro' cultivation season for the sake of achieving the target of producing 1.8 million...
FE Report The government and the World Bank are locked in a catfight over the future appointment of the chief executive at Rupali Bank as the global lender pushes anew for corporatising the ailing commercial bank, finance officials said last...
Jasim Uddin Haroon Sales of sacrificial animals at the city's makeshift and permanent markets have started amid inadequate supply with the Eid-ul-Azha festival only four days away.The prices of the animals are higher than that of the previous year mainly...
The National Board of Revenue (NBR) has now set its sight on the country's cattle markets ahead of Eid-ul-Azha as part of its intensified drive against tax evaders, reports UNB. The revenue board thinks that the rich and upper class...
Ganotantri Party President Nurul Islam, who died in the city Thursday after 36 hours' intense fight for life, was laid to eternal rest at Mirpur Shaheed Buddhijibi (martyred intellectual) graveyard with full state honour, reports BSS. Earlier, a contingent of...
US Congressman Joseph Crowley said the upcoming election holds a great potential for Bangladesh, as it was time to return power to the people, reports BSS."Bangladesh could perhaps take some idea from 'Obama playbook' to strengthen democratic process in the...
Making a U-turn, Chief Election Commissioner Dr ATM Shamsul Huda Friday said there will be no code of conduct for mass media to cover the coming elections as the Election Commission (EC) found it hazardous at the moment, reports UNB....
LONDON, Dec 5: Oil fell toward $42 a barrel Friday, sinking to its lowest level since January 2005, after a US government report showed more than half a million Americans lost their jobs last month. US employers axed payrolls by...
All commercial banks have been instructed to keep open all branches or specific branches today (Saturday) after taking necessary security measures to facilitate transactions ahead of Eid-ul-Azha, said Bangladesh Bank (BB) in a circular. Besides, branches of different banks at...
The depression over the southeast Bay and adjoining areas moved slightly west-northwestwards over the last 12 hours, a Met office special weather bulletin said. The depression was centred about 1650 kilometres south-southwest of the Chittagong Port, 1560 km south-southwest of...
FE ReportBangladesh Bank governor Dr Salehuddin Ahmed inaugurated Thursday the real time online banking system of the NCC Bank Limited saying automation in banks is essential to delivery quick services to customers.Speaking as chief guest at a city hotel the...
Doulot Akter MalaThe government has decided to set up an automated duty exemption and drawback office (DEDO) aiming to reduce time on collection of bill of entry from the customs house across the country.The decision was taken at a meeting,...
FE Report Trade unions represent only 4.0 per cent of the country's total labour force of 47.4 million, said a Bangladesh Bank report.Although labour unions are often considered as a major source of labour market rigidities, they represent a small...
FE ReportDhaka stocks edged higher amid dull trading in the week that ended Thursday after heavy losses in the previous two straight weeks. The benchmark DSE General Index gained 3.46 per cent or 85.18 points, to close at 2544.66 on...
NEW DELHI, Dec. 5 (Agencies): India cut retail fuel prices for the first time since February 2007, joining other Asian nations in lowering energy costs, after global crude oil prices slumped from a record and economic growth slowed. Gasoline prices...
FHM Humayan Kabir back from SwedenDemand for Bangladeshi garments in Sweden is growing gradually as the consumers, facing hardship following the financial downturn in Europe, are preferring cheaper goods, businessmen said."Now-a-days consumers look for cheap garments. Since the Bangladeshi products...
Many eligible candidates have been left out of the polls race because of the tough new electoral laws, the BNP Secretary General Khandakar Delwar Hossain has complained, reports bdnews24.com. "A number of otherwise competent candidates are being deprived of the...
BNP chairperson and former premier Khaleda Zia and Bangladesh Awami League president and former premier Sheikh Hasina Friday greeted the countrymen on the occasion of the 'Democracy Day', reports BSS.In a message on the eve of the day, Khaleda Zia...
Jatiya Party (JP) Friday announced the name of 47 candidates out of a total of 50 seats allocated to it as nominees of the 14-party grand combine to contest the upcoming ninth Jatiya Sangsad polls, reports BSS.The rest three seats...
The people of the country are only hoping that things would change for the better and the beginning would be made through the forthcoming general election. They are thinking that the events of the last two years, plus exposure to...
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