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UAE residents reel under soaring rice prices

2008-07-13 00:00:00

DUBAI, Jul 12 (PTI): Consumers in the UAE are reeling under the skyrocketing prices of basmati rice, mostly imported from India and Pakistan, which has almost doubled in past few days.While local retailers and distributors say the authorities are not...

StoneFly introduces high-availability IP SAN

2008-07-13 00:00:00

StoneFly introduced SAN-based encryption capabilities that give enterprise customers another layer of protection in combating damaging internal and external security breaches while also simplifying compliance initiatives. Now available as an integrated part of the StoneFly Integrated Storage Concentrator (ISC) line...

Optimum use of urea thru

2008-07-13 00:00:00

RANGPUR, July 12 (BSS): Experts here have said that popularising the use of Guti urea and application of urea through adopting Leaf Colour Chart (LCC) method can save over 25 per cent urea annually in the country.Reduced use of urea...

Information Technology is "broken"

Mike Eaton | 2008-07-13 00:00:00

Information Technology is fantastic, absolutely essential, and largely responsible for this country's increase in productivity over the past decade or so. It's also broken. IT is overly complex, difficult to implement correctly, and expensive to maintain over its short lifespan.I...

Footsie joins bear market roll-call

By Neil Hume | 2008-07-13 00:00:00

FT Syndication ServiceLONDON: The UK became Friday the last of the world's leading stock markets to enter bear market territory amid fresh concerns that the credit crisis was entering a new phase and a record high for oil prices.The FTSE...

Bangladesh face Oman today in Junior Asia Cup Hockey

2008-07-13 00:00:00

Bangladesh Under-21 Hockey team play their 2nd match against Oman today (Sunday) in the 6th Men's Junior Asia Cup Hockey at Hyderabad in India, reports UNB.The junior Bangladesh is expected to win the match against their Oman counterparts as Bangladesh...

Bush ex-spokesman Tony Snow dies

2008-07-13 00:00:00

Former White House press secretary Tony Snow has died of cancer, US television station Fox News has announced.Mr Snow (53) had been suffering from colon cancer, it said, BBC reports.He resigned as President George W Bush's spokesman in August 2007...

N Korea agrees to nuclear checks

2008-07-13 00:00:00

Negotiators from six-nation talks in China have agreed steps to verify North Korea's nuclear disarmament, reports BBC.Officials from China, the US, Russia, Japan and the two Koreas, agreed Pyongyang would finish disabling its main nuclear facility by October.The other nations...

AC Milan ready to clinch Ronaldinho deal

2008-07-13 00:00:00

ROME, July 12 (AFP): AC Milan are on the brink of completing their purchase of Barcelona's Brazilian playmaker Ronaldinho, the Italian press reported Saturday.According to La Gazzetta dello Sport an agreement has been reached between AC Milan's vice-president Adriano Galliano...

Govt won't agree to anything against national interest: Iftekhar

2008-07-13 00:00:00

Foreign Affairs Adviser Dr Iftekhar Ahmed Chowdhury Saturday made an unequivocal and firm resolve regarding the question of transit to India, saying the Foreign Ministry will never ever agree to any arrangement that is contrary to Bangladesh's sovereign national interest,...

Soaring energy costs and options for the economy

Amirul Islam | 2008-07-13 00:00:00

THE world might have to live with the higher cost of fuel oil for a longer time than anticipated, prompted by escalating demand for oil rather than lapses on the part of producers to pump out more oil. Even at...

Rajshahi 14-party extends support to Liton for mayoral post

2008-07-13 00:00:00

RAJSHAHI, July 12 (UNB): The local unit of 14-party alliance today (Saturday) extended support to Awami League candidate Khairuzzaman Liton for mayoral post in Rajshahi City Corporation (RCC) election.The alliance centrally nominated Workers' Party leader Fazle Hossain Badsha as its...

Obama won't change nuclear deal with India

2008-07-13 00:00:00

NEW DELHI, Jul 12 (AFP): US Democratic presidential candidate Barack Obama said he would not seek changes in a controversial nuclear deal with India and hoped it would be finalised by year-end, a magazine reported Saturday."The existing agreement effectively balanced...

Takeover of two largest US mortgage banks

2008-07-13 00:00:00

Fazle Rashid from New YorkThe US government is taking over nation's two largest beleaguered mortgage banks. Leave alone something like this taking place, even such ideas are reprehensible. The Bush administration is seriously considering the take-over of nation's two largest...

America's president must back the Group of Twenty

William Drozdiak | 2008-07-13 00:00:00

One of the biggest foreign policy challenges facing the next US president will be how to modernise the main forums of global decision-making. Crises in Iraq, Afghanistan and Iran will consume much of his time, but Barack Obama or John...

India's economic woes further compounded with inflation zooming to 11.89pc

2008-07-13 00:00:00

NEW DELHI, (Internet): India's economic woes have been further compounded with headline inflation zooming to 11.89 per cent for the week ended June 28, and industrial production rate plummeting to 3.8 per cent in May -- against 10.6 per cent...

RAKUB board meet held

Our Correspondent | 2008-07-13 00:00:00

RAJSHAHI, July 12: The 320 th meeting of the board of directors of Rajshahi Krishi Unnayan Bank (RAKUB) was held at the board room of the bank on July 10.RAKUB Chairman Mohammad Yeahea Mollah presided over the meeting.A decision was...

UniversityResearch Fellowships

2008-07-13 00:00:00

The University Research Fellowships scheme aims to provide outstanding scientists, who should have the potential to become leaders in their chosen field, with the opportunity to build an independent research career. Those appointed are expected to be strong candidates for...

Totti not ruling out national team return

2008-07-13 00:00:00

ROME, July 12 (AFP): Roma captain Francesco Totti has hinted that he may be open to a national team recall following the return of World Cup wining coach Marcello Lippi.Totti won the last of his 58 caps for Italy in...

Roche to drop HIV therapy research

Andrew Jack | 2008-07-13 00:00:00

FT Syndication ServiceLONDON: Roche, one of the world's largest international pharmaceuticals groups, has decided to abandon research on medicines to treat HIV in a significant blow to doctors treating the spiralling international Aids epidemic.In a memo circulated this week to...

49 licences of rice millers cancelled in Nilphamari

Our Correspondent | 2008-07-13 00:00:00

NILPHAMARI, July 12: Out of 324 licence holders of rice husking mills in Nilphamari district, 49 licences of different mill owners have been cancelled and their electricity lines have also been disconnected because of non-fulfilment of the contract they have...

US to conduct intl pharma inspections in India, China

2008-07-13 00:00:00

WASHINGTON, Jul 12 (PTI): The US will team up with Australia and European Union to conduct international pharmaceutical inspections in countries like India and China that make an increasing share of the active ingredients in medications."... Food and Drug Administration...

Bangladesh A score 183/6 against Warwickshire

2008-07-13 00:00:00

Visiting Bangladesh A team scored 183 runs for 6 wickets in 55.5 overs in the 1st innings against Warwickshire when the second day's play of the second three-day match was halted due to rain at Edgbaston in Birmingham Saturday, reports...

Al Quran Academy to observe 200 years of translating Holy Quran into Bengali

A Correspondent | 2008-07-13 00:00:00

BARISAL, Jul 12: Al Quran Academy of London announced an elaborate programme to observe two hundred years of translating the Holy Quran into Bengali.Hafiz Munir Uddin Ahmed, director general of Al Quran Academy London, publisher and chief executive of International...

Delwar for release of Khaleda to join dialogue

2008-07-13 00:00:00

BNP Secretary General Khandaker Delwar Hossain reiterated the demand Saturday for immediate release of detained party chairperson Khaleda Zia to make way for joining the dialogue with the government and the general elections, reports UNB."Give up all other thinking, devote...

Garment workers of DEPZ factory go on strike

2008-07-13 00:00:00

SAVAR, Jul 12 (UNB): The workers of a foreign-owned garment factory in Dhaka EPZ area Saturday observed a daylong work abstention to press home their demand for higher wages. Sources said some 3,500 workers of Hopelone (BD) Limited, owned by...

Comprehensive training course on capital market in Ctg ends

2008-07-13 00:00:00

CHITTAGONG, July 13: The month-long comprehensive training course on 'Capital Market' organised by Chittagong Stock Exchange (CSE) concluded in the city recently.The participants of the course were awarded certificates at the concluding ceremony, said a press release.CSE Chief Executive Officer...

Russia's Putin tours new rig in Arctic oil drive

2008-07-13 00:00:00

SEVERODVINSK, Russia, July 12 (AFP): Russian Prime Minister Vladimir Putin yesterday toured a new Arctic oil rig that is being built to boost Moscow's position in an intensifying competition for northern energy reserves.Putin also met ministers and top oil executives...

Greenback stable against BDT

Sarwar Zahan | 2008-07-13 00:00:00

US dollar maintained a stable level against Bangladesh taka (BDT) in the inter-bank foreign exchange market last week despite lower demand for the greenback, fund managers said.The demand for dollar was attributed to the combined effect of lower import payments...

Santoro, Spadea advance to ATP semi-finals

2008-07-13 00:00:00

NEWPORT, Rhode Island, July 12(AFP): Second seed Fabrice Santoro of France advanced to the semi-finals of the 385,000-dollar ATP Hall of Fame Championship grass-court tournament with a straight-sets victory here Friday.Santoro defeated Spain's Ivan Navarro 6-3, 7-6 (7/4) to book...