Mahendra Singh Dhoni's rapid career rise continued with his appointment Tuesday as captain of India's one-day team for the home series against Australia and Pakistan. The selectors, who made that decision in Mumbai today, also picked the squad for the...
LOS ANGELES, Sept 17 (AFP): Unbeaten fighters Floyd Mayweather and Ricky Hatton began the buildup to their December 8 duel in Las Vegas with some verbal sparring Monday. At a press conference in the Hollywood tourist haven of Universal City...
NAIROBI, Sept 18 (AFP): Kenyan prisons department has promoted world marathon title holder Catherine Ndereba owing to her exemplary performance in athletics, reports said Monday. Kenyan Prisons Commandant Gilbert Omondi promoted Nderebe from officer 2 to officer 1, owing to...
FE ReportBuckling under pressure from the business and civil society groups, the International Monetary Fund (IMF) has pulled back from pressing the caretaker authority to seal the much-debated Policy Support Instrument (PSI) pact. The global policy lender has, however, said...
FE Report Increase in the settlements of letters of credit (LC) against imports especially for Ramadan period has created a fresh pressure on the country's inter-bank foreign exchange market. The use of third currency has simultaneously increased with the US...
Shamsul Huq Zahid The government has frozen 35 fixed deposit receipts (FDRs) worth Tk 27 million, reportedly, belonging to former BNP minister Barrister Moudud Ahmed. Moudud invested his money in those FDRs against the names of some 'fake' individuals. That...
DU CorrespondentDhaka University teacher of Applied Physics Department Nimchandra Bhowmik was sent to jail after he surrendered before the Chief Metropolitan Magistrate's Court in Dhaka Tuesday. Bhowmik, also provost of the university's Jagannath hall, produced himself before the court of...
Former president and Jatiya Party Chairman H M Ershad has been acquitted in the gold smuggling case filed 16 years back, reports UNB.First Additional Metropolitan Sessions Judge Md Abul Bashar pronounced the verdict Tuesday.Earlier, the judgment was adjourned for seven...
Doulot Akter MalaThe National Board of Revenue (NBR) has decided to reduce duties and taxes levied against import of equipment for rental power plants to help them sell electricity to the power division at a reduced rates.The existing tax incidences,...
Shakhawat Hossain The Ministry of Finance (MoF) is likely to instruct commercial banks to maintain its relations with their clients neutrally, official source said.The MoF has already sought approval from Adviser Mirza Azizul Islam in this connection as part of...
The US government look forward to additional steps by Bangladesh to restore democracy as soon as possible, visiting American Deputy Assistant Secretary of State John Gastright said Tuesday during a meeting with the Chief Election Commissioner (CEC), report agencies."Full democracy...
SYLHET, Sept 18 (UNB/ bdnews24.com): Former BNP MP Naser Rahman, son of former finance minister M Saifur Rahman, was Tuesday jailed for nine years while three others for five years on charges of attempted extortion and physical assaults. Judge of...
FE ReportThe National Board of Revenue (NBR) in a clarification Tuesday said the taxpayers whose self-assessed returns are awaiting clearance would be entitled to avail themselves of SRO 98 and legalise their undisclosed money within November 30 next.The board has...
The Home Ministry Tuesday vested power to the Dhaka Metropolitan Police (DMP) commissioner to allow more than 50 members in an indoor political party meeting. But it will require permission of the DMP commissioner 48 hours before such meeting, said...
The Supreme Court (SC) Tuesday ordered the government to complete all procedures of separating the judiciary from the executive by Oct 31. A full bench of the Appellate Division of the SC, headed by Chief Justice Md Ruhul Amin, issued...
A three-member Bangladesh delegation has left the city for Malaysia Tuesday night to make a spot survey about the condition of the Bangladeshi workers in Malaysia. During the three-day official visit, the delegation, led by Secretary of Expatriate Welfare and...
FE Report The government is set to award the National Export Trophy (NET) to 86 companies for their outstanding export performance during the period 2002-03 to 2004 -05, sources said.The NET is being awarded after a gap of two years...
FE ReportThe stock prices on the Dhaka Stock Exchange (DSE) continued to decline for the third consecutive day Tuesday due to cautious trading by the investors.The cautious trading brought down the share prices of most of the banking, insurance and...
Eoin Callan FT Syndication ServiceWASHINGTON: The cross-border flow of illicit proceeds of corruption and corporate wrongdoing should be intercepted by rich countries and returned to the poor, the World Bank and United Nations said on Monday.The development bank and the...
FE Report The Bangladesh Bank (BB) has relaxed its rules relating to maintaining the general provision against off-balance sheet financing in line with bankers' request, official sources said. Under the amended rules, the banks will have to maintain 0.50 per...
Chief Adviser (CA) Fakhruddin Ahmed leaves for New York on September 22 (Saturday) to attend the 62nd session of the United Nations General Assembly (UNGA) in the UN headquarters, where he would present an update on Bangladesh affairs, reports UNB.It...
FE ReportThe government has been preparing itself for a legal battle in the United States (US) against a petition filed by a US non-government organisation (NGO) for withdrawal of the generalised system of preference (GSP) facility from Bangladesh claiming violation...
FE ReportThe listing sub-committee of the Dhaka Stock Exchange (DSE) Monday referred the matter relating to the listing of Phoenix Finance and Investments Ltd to the Securities and Exchange Commission (SEC) to avoid legal complexities.As per law, the company's listing...
The Election Commission (EC) would request the government in December to lift the ban on indoor politics across the country, reports UNB."We'll go to the government in December and request to lift the ban (on indoor politics) countrywide…Because we are...
Awami League (AL) Tuesday urged the caretaker government to lift ban on indoor politics and give permission to open political party offices across the country, reports UNB.Senior Awami League presidium member Sayeda Sajeda Chowdhury made the plea at the end...
FE Report Dhaka might urge the Asian Development Bank (ADB) for special financial support to Bangladesh aiming to recover losses caused by recent floods, official sources said.The appeal for aid will be made by Finance and Planning, and Commerce Adviser...
FE ReportThe US dollar was stable against the Bangladesh taka (BDT) Tuesday in the inter-bank foreign exchange market due to moderate demand for the greenback. The inter-bank call money rate was also steady ignoring withdrawal of cash through reverse repurchase...
The International Monetary Fund (IMF) delegation at the end of its two-week long Poverty Reduction Growth Facility (PRGF)-exploratory mission in Bangladesh held its concluding meeting with the central bank. After the meeting, the central bank governor told the press that...
Syed Fattahul AlimTWO disconcerting reports were front-paged by this paper on Saturday. One of the reports sent shivers down the spine of not only the exporters of garment products, but also of those who have any concern for the future...
Raphael Minder ASIA should weather the current credit market turmoil and report higher-than-anticipated growth this year and next, according to the Asian Development Bank (ADB).The ADB last Monday in its Asian Development Outlook 2007 Update raised its 2007 growth forecast...
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