Buffon saves Italy from Euro exit

Italian keeper Gianluigi Buffon's late penalty save from Adrian Mutu kept his side in Euro 2008 after a draw with Group C rivals Romania, reports BBC.Italy were denied the lead when Luca Toni was wrongly ruled offside before Mutu lifted...

15.5 times over-subscription by local investors, 3 times by NRBs

The ICB AMCL Second NRB Mutual Fund was oversubscribed by 15.5 times of the 2 (two) million shares on offer for resident Bangladeshis and three times of the 6 (six) million shares for Non Resident Bangladeshis (NRBs).The close-end mutual fund,...

BASIC Bank's branch shifted

BASIC Bank Limited shifted its Shantinagar branch from Kakrail to Concord Grand in the city recently.Chairman of the bank and Secretary for Industries Md Nurul Amin formally inaugurated the shifting ceremony as the chief guest.BASIC Bank Managing Director AH Ekbal...

Airlines issuing paperless tickets now

Airlines around the world started issuing paperless electronic tickets at the beginning of this month, when the deadline for its introduction ended.At midnight around the world on 31 May, 2008, travel agents stopped issuing IATA neutral paper tickets.Some of the...

U.S. unveils world's fastest supercomputer

The U.S. Department of Energy (DoE) announced last week that its new supercomputer "Roadrunner" had successfully performed 1,000 trillion calculations per second -- the fastest in the world.Roadrunner will be used by the DoE's National Nuclear Security Administration (NNSA) to...

BB seeks authority to penalise banks for violating forex rules

The central bank has sought authority to penalise any bank or financial institution violating foreign exchange rules and regulations.The Bangladesh Bank (BB) has already sent a proposal on amendments to the Foreign Exchange Regulation Act 1947 to the finance ministry...

'Handicaps exist only in the mind'

IT needs to be understood that people with disabilities are human beings and an indivisible contingent of the society. They are not cursed by Allah. Only the superstitious would believe so.They can overcome their disabilities, given education, training and care....

Arms, ammo recovered

SATKHIRA, Jun 14 (UNB): Members of the Rapid Action Battalion (RAB) recovered some arms and ammunition at Shriula village in Ashashuni upazila early Thursday.

Fateha Yazdaham

Khanqueh-e-Shaheed (Ra) Mia Saheb Maidan Khanqueh Sharif, situated at 56-57, Mia Saheb's Maidan Avenue (Old Municipal Street, Luxmi Bazar), in the old city of Dhaka, will hold religious discussion, Fateha khwani, zikir asker, milad and doa mahfil marking the holy...

Petition not needed for Khaleda Zia's release : Delwar

No petition is needed for releasing BNP Chairperson Khaleda Zia but the procedure will be followed if she advises so, party Secretary General Khandker Delwar Hossain said Saturday, reports UNB.He said recommendation of the medical board that Khaleda should be...

Academia takes a commercial route

Commercialising academic breakthroughs in science and technology is well-established, but financial innovation has largely been the preserve of industry practitioners.Now Frankfurt School of Finance and Management in Germany is planning to break the mould by launching a novel financial company...

US inflation jumps by biggest amount in six months

WASHINGTON, June 14 (AP): Soaring energy costs pushed inflation up in May at the fastest pace in six months. Food costs kept rising, too, and all signs are pointing to more bad news on gasoline, oil and food in the...

Major political parties' rebuttal to Dr Kamal's remark

In a latest fracas in the political arena, major political parties dismissed as 'wails from a broken heart' Dr Kamal Hossain's remarks perceivably against the release of Sheikh Hasina and a move to release Khaleda Zia, reports UNB.Awami League (AL),...

River slowly dropping, but Iowa town still flooded

CEDAR RAPIDS, (Iowa), June 14 (Agencies): Days after it swamped Cedar Rapids and forced thousands of people out of their homes, the Cedar River has begun falling. But the misery could stretch on for days.Officials guess it will be four...

Handy hard drive now in the market

There's no more need anymore to carry a big box of computer for a big work. The portable, mini-sized and thin hard drive is now in the marketTranscent has marketed USB portable hard dics with the capacity of 160 gigabyt...

Tamim for readjustment of energy prices

Special Assistant to the Chief Adviser Dr. M. Tamim Saturday supported readjustment of energy prices, albeit at an affordable level, and claimed that the subsidy provided to gas, power and diesel benefited only 5.0 to 10 per cent of the...

Heavy rain paralyses life in Rangpur region

Heavy rainfall was recorded at most places in greater Rangpur region during the last 24-hours that has paralysed normal life and caused water-logging in both the rural and urban areas, reports BSS.All major rivers and their tributaries marked rise following...

Buyers deceived in Ctg kitchen markets

CHITTAGONG, June 14: Buyers are frequently being deceived in the kitchen markets particularly the fish and flesh markets in the port city following suspension in mobile court drives against unfair practices in weighing.Expressing concern on the prevailing situation in this...

Netherlands reach last eight

Netherlands reached the last eight of Euro 2008 and topped Group C with a superb win against France, who are now fighting to survive in the tournament, repoprts BBC.Substitute Robin van Persie turned in Arjen Robben's cross on the hour,...

Leaving Zero Coupon Bond out of tax net

THE proposal for withdrawal of SRO on exemption of tax on Zero Coupon Bond (ZCB) is considered to be a big blow to the development of bond market in Bangladesh and thus proving the fact that the government is still...

Foreign adviser holds dialogue with retired diplomats

Foreign Adviser Iftekhar Ahmed Chowdhury held a dialogue on foreign policy with retired Bangladeshi ambassadors at the Foreign Ministry Saturday, reports UNB.Dr Chowdhury initiated the discussions by presenting a key-note paper which argued for a pro-active foreign policy, an idea...

Govt wants to move forward to elections along with AL, BNP

CHITTAGONG, June 14 (UNB): Commerce and Education Adviser Hossain Zillur Rahman said Saturday the government wanted to move forward to holding the national election ensuring the participation of Awami League (AL) and BNP, as both the parties represent the country's...

Tk 0.175m realised as fine from Sylhet clinics

SYLHET, Jun 14 (UNB): A mobile court, in a daylong drive in the city Thursday, realised Tk 0.175 million (Tk 1.75 lakh) in fine from a clinic and 12 diagnostic centres on various charges.The RAB-led mobile court, headed by Executive...

Slaying of a medical student points to moral bankruptcy

Reading the murder story of a student (suspected as a thief) of Bangladesh Medical College, Ehtesham Al Ziad, 22, I could not help shedding tears. Such an immature death of a promising student! Killing someone for such a small crime...

Essay competition news

Ashridge Business School and Guardian Public have invited people working or studying in any area of the public service, whether in the public, private or voluntary sector, to submit essays on the theme of leadership and public services.This year's essay...

Govt saves Tk 530m from food subsidy

The caretaker government has saved Tk 530 million (53 crore) from the projected allocation of Tk 7.86 billion on 'subsidised food' in the outgoing fiscal despite extending the food relief operation to cover general people also, ministry officials said.A record...

House rent on rise in capital

The financial pain of the city tenants is mounting as house owners have started hiking rent, cashing in on the budgetary bounty for government employees.Tenants and officials said house rent saw an abrupt rise of 10 to 25 per cent...

Concern voiced over heavily deficit budget

The Finance Adviser of the caretaker government announced recently the budget of the government for the financial year 2008-09, which is a heavily deficit budget, not placed before by any government of the country, said the People's Democratic Party (PDP).A...

Soaring oil, food prices emerging as serious threats to global economic growth: G8

OSAKA, June 14 (AP): Soaring oil and food prices are emerging as serious threats to global economic growth, finance ministers from the world's top industrialised nations said Saturday, while vowing to work together to address the problem.The world economy faces...

Inflation poses ratings threat to Middle East

FT Syndication ServiceLONDON: The growing threat of inflation could lead to rating downgrades in many Middle Eastern countries as price pressures from soaring commodity prices coupled with strong consumer demand destabilise these economies.With inflation increasingly seen as a worldwide concern,...