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Kartik leaves Australia in a spin

2007-10-18 00:00:00

MUMBAI, Oct 17 (BBC): India spinner Murali Kartik claimed a maiden five-wicket haul as Australia were all out for 193 in the seventh and final one-day international in Mumbai. Only Ricky Ponting defied the bowlers, with nine fours in his...

26 booters picked up for residential camp

2007-10-18 00:00:00

Bangladesh Football Federation (BFF) Wednesday picked up 26 under-19 booters for the residential training camp that will begin Saturday at BKSP, reports UNB. The camp has been arranged for the second Indo-Bangla Games to be held here in February next.The...

Messi strike helps Argentina to 2-0 win over Venezuela

2007-10-18 00:00:00

MARACAIBO, Venezuela, Oct 17 (Reuters): Lionel Messi added another superb goal to his collection to help Argentina beat Venezuela 2-0 away in a World Cup qualifier Tuesday. Messi struck two minutes before halftime after his Barcelona team mate Gabriel Milito...

FIFA satisfied with World Cup 2010 progress

2007-10-18 00:00:00

SOWETO, South Africa, Oct 17 (AFP): A senior FIFA official gave his seal of approval Tuesday to South Africa's preparations for the 2010 World Cup, playing down concerns about stadium construction after a recent strike. "I am satisfied with the...

Big-hitting McMillan pulls stumps on NZ cricket

2007-10-18 00:00:00

WELLINGTON, Oct 17(AFP): Big-hitting Craig McMillan announced his retirement from New Zealand cricket Wednesday for health and personal reasons-but indicated he may join the rebel Indian-based Twenty20 cricket league. The abrasive middle order batsman belted a tournament high 13 sixes...

Jones decides to leave Glamorgan

2007-10-18 00:00:00

England fast bowler Simon Jones has decided to leave Glamorgan and is poised to sign for Worcestershire, reports BBC. Jones is a free agent after the end of his contract with the Welsh club, and opted to move to New...

England fans attacked in Moscow

2007-10-18 00:00:00

Four England football fans have been beaten up in Moscow ahead of the Euro 2008 qualifying match with Russia, the Foreign Office has said, reports BBC. A spokesman said two of the fans - among 4,000 in the city -...

Serena retires from Zurich Open

2007-10-18 00:00:00

ZURICH, Oct 17 (AFP): Serena Williams retired from the Zurich Open with a right adductor injury after losing the first nine games to Swiss left-hander Patty Schnyder Tuesday. The sixth-seeded American had in the past two weeks reached the Stuttgart...

Giggs signs new deal with United

2007-10-18 00:00:00

MANCHESTER, Oct 17 (AFP): Manchester United winger Ryan Giggs signed a one-year contract with the Premier League champions Tuesday. Giggs's current deal expired at the end of this season but he will now remain at Old Trafford until at least...

NBR proposes recovery of evaded tax from seized property

2007-10-18 00:00:00

Doulot Akter MalaThe National Board of Revenue (NBR) is contemplating realisation of the amounts equivalents to tax evaded from property seized by it.The NBR will soon send a proposal to the government for taking measures to realise outstanding tax from...

Will lease-out of mills revitalise jute sector?

2007-10-18 00:00:00

Shahiduzzaman KhanIn a well-thought-out decision, the government is going to lease out eight state-owned jute mills to the private sector. According to a report published in the FE last week, the decision was taken by the cabinet committee on economic...

Port equipment charges likely to go up

2007-10-18 00:00:00

Jasim Uddin Haroon The user charges of port equipment and other related services at Chittagong port are likely to be increased shortly that will push the cost of doing business further up, port sources said.Cost of using rail mounted quay...

Inflation down to 9.6pc in Sept

2007-10-18 00:00:00

FE Report The country's point to point inflation for the month of September stood at 9.6 points according to provisional figures, official sources said.The estimated level will be welcome news for the present caretaker administration as the point to point...

Jamuna Oil shares to make debut on DSE soon

2007-10-18 00:00:00

FE ReportShares of state-run Jamuna Oil Company will make a debut on the Dhaka Stock Exchange (DSE) soon as formalities on its listing with the bourse have been completed.State-owned Investment Corporation of Bangladesh (ICB), responsible for offloading the shares of...

Separation of judiciary a great challenge: CJ

2007-10-18 00:00:00

Chief Justice (CJ) M Ruhul Amin Wednesday said current favourable atmosphere has made it possible to separate the judiciary from the executive control, reports UNB.Addressing a special orientation programme for the Additinal District Judges at the Judicial Administration Training Institute...

India calls for calm after market plunge

2007-10-18 00:00:00

Jo Johnson, FT Syndication ServiceNEW DELHI: India's financial markets plummeted at the start of trading but pared their losses on Wednesday after the finance minister sought to clarify the stock exchange regulator's proposed moves to restrict foreign portfolio inflows of...

GATCO scam report by mid-Nov

2007-10-18 00:00:00

The investigation report in the GATCO scam case against former prime minister Khaleda Zia is nearly complete, and the investigating officer (IO) Wednesday said that the file would be placed before the authorities by mid-November, report bdnews24.com and UNB. Meanwhile,...

Chargesheet in Aug 21 grenade attack on AL rally soon: IGP

2007-10-18 00:00:00

Inspector General of Police (IGP) Nur Mohammad Wednesday said the chargesheet in the August 21 grenade attack on Awami League rally would be submitted soon. 'Investigation in the case is almost finished. I hope the case will be disposed of...

Telecom ministry moves to dispose of audit objections

2007-10-18 00:00:00

The Ministry of Telecommunications has expedited its work to dispose of 21,630 accumulated audit objections involving over Taka 92.34 billion (9,234 crore.) Of the total audit objections, 14,136 involving over Taka 23.50 billion are against BTTB and 7,494 involving over...

Bank holiday Sunday

2007-10-18 00:00:00

Bangladesh Bank (BB) and all other scheduled banks will remain closed on Sunday (October 21) on the occasion of the Durga Puja (Bijoya Dashami), a BB press release said Wednesday. —BB

Durga Puja begins amid great enthusiasm

2007-10-18 00:00:00

Five-day celebration of Durga Puja, the greatest religious festival of the Hindu community, got off to a festive start Wednesday evening across the country. The puja began with 'Sasthi' rituals in the evening with the devotees ringing bells and beating...

Forex reserve likely to touch $5.5b by Nov

2007-10-18 00:00:00

FE Report The country's foreign exchange reserve is expected to touch US$5.50 billion by early November for the first time because of disbursement of a soft loan by a multilateral donor agency and robust growth of remittances.The World Bank (WB)...

New Delhi considering trade measures to pressurise Dhaka to 'take action'

2007-10-18 00:00:00

FE Report Trade measures to pressurise Dhaka to take action against the alleged terror groups "acting out of its soil" would be discussed at a meeting with chief ministers of all Northeast states, hosted by External Affairs Minister Pranab Mukherjee...

Mirza Aziz off to Washington

2007-10-18 00:00:00

FE Report Finance Adviser AB Mirza Azizul Islam left Dhaka for Washington Wednesday to attend the three-day annual meeting of World Bank (WB) and International Monetary Fund (IMF) beginning Saturday. Bangladesh Bank (BB) Governor Salehuddin Ahmed will leave Dhaka today...

IMF cuts world growth forecast

2007-10-18 00:00:00

WASHINGTON, Oct 17 (Bloomberg): The International Monetary Fund cut its forecast for global growth next year and warned that even its new prediction may be too optimistic given threats posed by the sell-off in credit markets. The IMF lowered its...

EC to remain neutral on national govt issue: Sohul

2007-10-18 00:00:00

The Election Commission (EC) wants to remain neutral about the national government issue, as it thinks the country's intellectuals and constitutional experts should decide the matter, reports UNB."We have no comment at the moment. Let the concept be matured. Let's...

AL opposes expansion of caretaker govt

2007-10-18 00:00:00

Acting Awami League (AL) president Zillur Rahman said that it would not be wise to expand the caretaker government (CG) with the appointment of new advisers, reports UNB."Only a few months left… I don't think it will be wise to...

BNP is victim of 'dual policy' of CG: Hannan

2007-10-18 00:00:00

BNP Chairperson's advisor Brig Gen (retd) Hannan Shah Wednesday said Bangladesh Nationalist Party (BNP) has become victim of 'dual policy' of the caretaker government (CG), reports UNB."Our office has been kept closed. As a nationalist political party BNP is failing...

NBR chairman, four other secretaries shuffled

2007-10-18 00:00:00

Badiur Rahman who was appointed as the country's chief revenue collector on Jan 21 was transferred in a major administrative reshuffle Thursday. According to an establishment ministry circular, Badiur Rahman, secretary of the Internal Resources Division and chairman of the...

AOL to reduce workforce by 2,000

2007-10-17 00:00:00

Internet firm AOL is to shrink its workforce further as it refocuses its business on online advertising, cutting 2,000 jobs worldwide. About 1,200 jobs are going at its US operation - including 750 at its Virginia headquarters - while a...