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Relentless rain batters life in Dhaka, elsewhere

2024-07-01 00:00:00

FE REPORT The capital, Dhaka, and other areas of the country witnessed incessant rain on Sunday that disrupted normal public life and their daily routine activities.Rainfalls intensified due to the monsoon, with active condition prevailing over the country, particularly in...

HSC examinees bear brunt of heavy rain

2024-07-01 00:00:00

Students sitting for the Higher Secondary Certificate and equivalent exams had to brave the heavy rain on Sunday morning to reach their exam centres.The rain dwindled the transports available on the roads and traffic congestion caused further delays for examinees...

Court appoints magistrate for entry into Benazir's flats

FE REPORT | 2024-07-01 00:00:00

A Dhaka court on Sunday appointed a first-class magistrate to make an entry into the four confiscated flats owned by former Inspector General of Police (IGP) Benazir Ahmed and his family members.Judge of the Dhaka Metropolitan Senior Special Judge's Court...

Tax official transferred to Bogura after court's order to confiscate his wealth

2024-07-01 00:00:00

FE REPORT The revenue board has transferred its First Secretary (current charge) Quazi Abu Mahmud Faisal to its Bogura office, following an allegation of accumulating wealth earned through illegal means. The Additional Commissioner at the tax legal and enforcement wing...

LNG subsidy may spike 27pc in FY25 despite tariff hikes

M AZIZUR RAHMAN | 2024-07-01 00:00:00

Government's subsidy for liquefied natural gas (LNG) procurement is set to surge 27.27 per cent year on year to Tk 70 billion in FY2024-25, starting from today (Monday). This comes despite the authorities raising gas tariffs at least five times...

Bank holiday today, stock mkts closed

2024-07-01 00:00:00

All forms of bank transactions will be closed on Monday, as they are on July 1 every year.As banks are closed, there will be no transactions on the Dhaka Stock Exchange or the Chittagong Stock Exchange either, reports bdnews24.com.Though transactions...

Govt launches ‘Prottoy’ pension scheme today

FE REPORT | 2024-07-01 00:00:00

The government will launch a new pension scheme called 'Prottoy' today (Monday) for employees of self-governing, autonomous, state-owned, statutory or similar organisations and their subordinate bodies.New employees joining these organisations from 1 July will be mandatory members of the Prottoy...

IMF-set reserves target met

JUBAIR HASAN | 2024-07-01 00:00:00

Bangladesh finally meets the IMF-set net international reserves (NIR) mark for the country's creditworthiness, days before the deadline expired, as the central bank adopted a waste-not, want-not strategy to boost dollar stock.As part of the lending package for stabilising the...

JS endorses Tk 7.97t budget with conflicting goals

FE REPORT | 2024-07-01 00:00:00

Black money and stock investors' capital gains are equally taxed at 15 per cent while lawmakers can import cars tax-free as the government-crafted Tk 7.97-trillion budget got through the Jatiya Sangsad (JS) on Sunday.Overwhelming 'ayes' drowned out 'nays' by a...

BB fund feeding to banks squeezes

FE REPORT | 2024-07-01 00:00:00

Fund feeding to commercial banks squeezes as the central bank lowers REPO-auction frequency to twice a week from five working days in a tight-fisting action evidently meant for inflation and NPL control. The Bangladesh Bank or BB has said this...

SC to hear NOAB's arguments today

2024-07-01 00:00:00

The Appellate Division of the Supreme Court (SC) will hear arguments from the Newspapers Owners Association of Bangladesh (NOAB) on a leave to appeal petition regarding the High Court's (HC) judgment on income tax of journalists and employees working in...

NCPSRR wants eviction of illegal Buriganga structures, dockyards

2024-07-01 00:00:00

The National Committee to Protect Shipping, Roads and Railways (NCPSRR) on Sunday demanded the immediate removal of all structures, including dockyards, built on the banks of Buriganga River, reports UNB.Mohammad Shahid Mia, president of the organisation and its general secretary...

BAF gets fifth C-130J Super Hercules

2024-07-01 00:00:00

Bangladesh Air Force (BAF) received their fifth C-130J Super Hercules aircraft from the UK recently, reports UNB."We are delighted..," said the British High Commission in Dhaka on Sunday.The UK and Bangladesh share a strong defence relationship established at the time...

What steps taken after failure to send workers to Malaysia?

2024-07-01 00:00:00

FE REPORT The High Court on Sunday ordered the agencies concerned of the government to inform it within seven days what steps have been taken against the persons responsible for the mismanagement that led to failure of a large number...

8th anniversary of Holey Artisan attack today

2024-07-01 00:00:00

The 8th anniversary of the Holey Artisan Bakery attack, the deadliest night of terror in the country's history that saw 22 people killed, will be commemorated today (Monday), reports UNB.Diplomats including Ambassador of Italy Antonio Alessandro will pay tribute to...

Finance Minister Abul Hassan Mahmood Ali speaking at the Jatiya Sangsad that passed

2024-07-01 00:00:00

Finance Minister Abul Hassan Mahmood Ali speaking at the Jatiya Sangsad that passed the budget for fiscal year 2024-25 on Sunday. — Focus Bangla

Govt should support small farms to save them: Experts

2024-07-01 00:00:00

FE REPORTThe government should give the small farm households logical policy support to keep them in agriculture and achieve the rice output target of 47.2 million tonnes by 2050, said experts at a seminar on Sunday.Without the policy support, commercialisation...

Indian Navy chief arrives in city today--

2024-07-01 00:00:00

Admiral Dinesh K Tripathi, Chief of the Naval Staff (CNS) of India, will pay a four-day official visit from July 1 to 4, aiming to consolidate bilateral defence relations between Bangladesh and India and to explore new avenues for Naval...

MP Pankaj demands commission to protect rights of minorities

2024-07-01 00:00:00

Independent MP elected from Barishal-4 Pankaj Nath has demanded formation of a commission to protect the rights of Hindus, Buddhists and Christians, reports UNB.He made the demand during a discussion on the cut motion proposal on Law Ministry in parliament...

Indian Navy chief arrives in city today

2024-07-01 00:00:00

Admiral Dinesh K Tripathi, Chief of the Naval Staff (CNS) of India, will pay a four-day official visit from July 1 to 4, aiming to consolidate bilateral defence relations between Bangladesh and India and to explore new avenues for Naval...

Barrister Sumon files GD seeking security

2024-07-01 00:00:00

Barrister Syed Sayedul Haque Sumon, lawmaker from Habiganj-4, has filed a general diary (GD) seeking protection for his life, reports UNB.Sumon filed the GD with Sher-e-Bangla Nagar thana in the city on Saturday night, confirmed Ahad Ali, officer-in-charge (OC) of...

Former BNP lawmaker Nadim Mostafa passes away

2024-07-01 00:00:00

Former lawmaker and executive committee member of BNP Nadim Mostafa has died at a city hospital. He was 58, reports UNB.Nadim breathed his last around 11 am on Sunday at United Hospital, said BNP media cell member Shayrul Kabir Khan.He...

'Unfit vehicles, factory emissions, dust major factors in air pollution'

2024-07-01 00:00:00

Addressing the Jatiya Sangsad (JS) on Sunday, Local Government and Rural Development Minister Tajul Islam identified unfit vehicles, factory emissions, and dust from urbanisation as primary contributors to air pollution, reports UNB.The minister said this while responding to a question...

Lawmakers criticise widespread graft in education system

2024-07-01 00:00:00

The opposition Jatiya Party and independent MPs have raised allegations of widespread corruption in the education system in parliament, reports UNB.They said there are various irregularities, corruption and discrimination in the education system."The level of corruption in education sector cannot...

Signing 10 MoUs with India ‘new version of slavery’: Fakhrul

2024-07-01 00:00:00

FE REPORT Bangladesh Nationalist Party (BNP) termed on Sunday the 10 memoranda of understanding (MoUs) signed with India as a 'new version of slavery' of the Awami League government. "In the name of connectivity, India was given corridor for railway...

BNP doing politics over Khaleda’s illness

2024-07-01 00:00:00

Awami League (AL) General Secretary Obaidul Quader has said BNP is doing politics over the illness of Khaleda Zia, reports BSS."BNP leaders are spreading falsehood over the health condition of Khaleda Zia. They are making confusion among the people through...

CHEVRON-SPONSORED AUW SUMMER SCHOOL PROGRAM 2024 LAUNCHED

2024-07-01 00:00:00

CHEVRON-SPONSORED AUW SUMMER SCHOOL PROGRAM 2024 LAUNCHED Asian University for Women (AUW) has launched its Summer School program for 2024, supported by Chevron Bangladesh. An inauguration ceremony was held on the AUW campus in Chattogram recently. Abu Taher, Vice Chancellor...

ASIA PACIFIC GENERAL INSURANCE HOLDS 24TH AGM

2024-07-01 00:00:00

ASIA PACIFIC GENERAL INSURANCE HOLDS 24TH AGMThe 24th AGM of the Asia Pacific General Insurance Co. Ltd. was held on a digital platform recently. Chairman of the Company Aftabul Islam presided over the meeting. Members of the Board of Directors...

Anwar Hossain joins EPB as vice-chairman

2024-07-01 00:00:00

Md. Anwar Hossain, Additional Secretary to the government, joined the Export Promotion Bureau (EPB) as its Vice-Chairman on Sunday, says a press release. Prior to this, he served as the wing Chief of the World Bank wing in the Economic...

RUPALI BANK SIGNS ANNUAL PERFORMANCE AGREEMENT

2024-07-01 00:00:00

RUPALI BANK SIGNS ANNUAL PERFORMANCE AGREEMENT Managing Director and CEO of Rupali Bank PLC Mohammad Jahangir signed Annual Performance Agreement (APA) for FY 2024-25 with general managers of local office and divisional offices of the bank at the head office...