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India pharma exports soaring

2023-07-27 00:00:00

NEW DELHI, July 26 (Reuters): India's pharmaceutical exports this fiscal year are set to grow nearly twice as fast as last year to hit sales of $27 billion, driven by strong US buying, a government-backed trade body told Reuters, despite...

GLOBAL ISLAMI BANK HOLDS 10TH AGM

2023-07-27 00:00:00

The 10th Annual General Meeting (AGM) of Global Islami Bank PLC was held virtually on Tuesday. Nizam Chowdhury, Chairman of the bank, presided over the meeting. Vice Chairperson Maimuna Khanam, directors, shareholders and Managing Director Syed Habib Hasnat were present...

EU Special Rep holds meeting with trade unions

2023-07-27 00:00:00

European Union's Special Representative for Human Rights Eamon Gilmore had a meeting with trade unions and labour rights experts in Dhaka on Wednesday, reports UNB. They discussed wages, working conditions and trade union recognition in the context of EU trade...

Purchase body approves import of 1.7m tonnes refined fuel oil

FE REPORT | 2023-07-27 00:00:00

The cabinet committee on government purchase on Wednesday approved a number of proposals, including import of nearly 1.7 million tonnes of refined fuel oil from five countries.Finance Minister AHM Mustafa Kamal chaired the meeting. Cabinet division additional secretary Sayed Mahbub...

Electronic fresh flower auctioning at Dounan flourishes beyond borders

JASIM UDDIN HAROON, back from Kunming, Yunnan, China | 2023-07-27 00:00:00

Transactions at Asia's largest flower market in Kunming, China, have witnessed a rapid growth, surging to double digits in recent times, thanks to the adoption of cutting-edge digital technology.Known as Kunming International Flora Auction Trading Centre (KIFA), the market, situated...

Volvo Eicher to remain No. 1 bus in BD market

ISMAIL HOSSAIN | 2023-07-27 00:00:00

"Volvo Eicher bus is the number one in Bangladesh market, and it will remain the number one here," said SS Gill, a top executive of VE Commercial Vehicles Ltd (VECV), a joint venture of Volvo Group and Eicher Motors Ltd....

East West University Investment and Finance Club launches FINXCEL

TAZIN SUMAYA | 2023-07-27 00:00:00

Sumaya, an ambitious undergraduate student in the BBA programme of East West University (EWU), always used to score well in her academic studies. However as the course work diverged in senior years, she realised that her lack of proficiency in...

Empowering youth diplomacy through DUNMUN 2023

MAYESHA MOMTAZ | 2023-07-27 00:00:00

The Dhaka University National Model United Nations (DUNMUN) 2023, conference that started on July 19, concluded with its inspiring closing ceremony on July 22. The event served as a catalyst, uniting delegates from Bangladesh and beyond, providing them an invaluable...

Digital SAT: Preparing for the new format

Afra Ibnat | 2023-07-27 00:00:00

SAT (Scholastic Assessment Test) is a standardised test to test a student's reading, writing and mathematical ability. The questions spark analytical and critical thinking in a student and bring out aspects like the ability to work under pressure. The universities...

News in Brief(2023-07-27)

2023-07-27 00:00:00

Modi to face no-confidence vote in parliament over Manipur violence NEW DELHI, July 26: Indian Prime Minister Narendra Modi's government will face a no-confidence vote in parliament amid deadlock with the opposition over violence in the state of Manipur. A...

Taliban orders beauty salons in Afghanistan to close despite concern by UN

2023-07-27 00:00:00

ISLAMABAD, July 26 (AP): The Taliban announced Tuesday that all beauty salons in Afghanistan must now close as a one-month deadline ended, despite rare public opposition to the edict.Sadiq Akif Mahjer, spokesman for the Taliban-run Virtue and Vice Ministry, did...

Imran will face fresh contempt charges

2023-07-27 00:00:00

ISLAMABAD, July 26 (AP): Pakistan's election oversight body said on Tuesday it would indict the country's former Prime Minister Imran Khan next week on charges of publicly insulting its officials last year.Khan appeared before a special tribunal of t Election...

Hun Sen will hand over power to son Aug 10

2023-07-27 00:00:00

PHNOM PENH, July 26 (BBC): Cambodia's Prime Minister Hun Sen, one of the world's longest-serving leaders, has announced he will resign and hand over to his son in early August. The anticipated announcement came three days after his party again...

Russian Defence Minister visits North Korea

2023-07-27 00:00:00

PYONGYANG, July 26 (BBC): A Russian delegation led by Defence Minister Sergei Shoigu has arrived in North Korea, to be joined by a Chinese delegation later on Wednesday.They will attend Pyongyang's celebrations of the 70th anniversary of the end of...

Prepaid system for gas use

2023-07-27 00:00:00

The use of gas for various purposes is increasing day by day. However, gas reserves in Bangladesh are not increasing proportionately. One of the main causes for gas crisis in the country is the misuse of gas. It is sad...

Planting trees in monsoon

2023-07-27 00:00:00

We know that we cannot eat money. But we are running after it, and for this we are destroying our natural environment. Thousands of trees are cut down each day in Bangladesh and only a few are being planted. Trees...

Converting UHCs into 250-bed hospitals

2023-07-27 00:00:00

As most of our rural people have financial constraints, it is difficult for them to go to district or divisional hospitals to get medical treatment. They need health care facilities at their doorsteps. In this case, upazila health complex (UHC)...

Have AI newsreaders come to stay?

Imam Hossain | 2023-07-27 00:00:00

Aparajita has a tidy appearance. Wearing a brown jacket over a black shirt, she looks human. She even sounds human. But last week she was introduced as the first television presenter in Bangladesh who is a robot run by artificial...

Wang Yi, Qin Gang . . . and foreign ministers' tales

Syed Badrul Ahsan | 2023-07-27 00:00:00

Wang Yi, the senior Chinese diplomat, is back in his old job as his country's foreign minister. He replaces his successor Qin Gang, who was in the job for slightly over six months. In the past few weeks, there has...

DNCC budget, 2023-24

2023-07-27 00:00:00

The budget announced by the Dhaka North City Corporation (DNCC) for the fiscal year 2023-24 on Monday last is certainly not an ambitious one. It has increased by just Tk2.20 billion from Tk50.49 billion in the previous fiscal, 2022-23. Given...

Tata Steel's first-quarter profit slumps

2023-07-27 00:00:00

BENGALURU, July 26 (Reuters): India's Tata Steel on Monday reported a staggering 92 per cent slump in quarterly profit, hurt by the lower prices of alloy and expenses related to a pension scheme in Britain.Consolidated net profit came in at...

UN watchdog delays deep-sea mining

2023-07-27 00:00:00

MELBOURNE, July 26 (Reuters): Plans to begin mining the seafloor for metals that could be used in the energy transition have been pushed back to at least next year after a meeting of the UN-backed regulator in Jamaica ended without...

Saudi oil exports down 40pc in May

2023-07-27 00:00:00

DUBAI, July 26 (Reuters): Saudi oil exports fell almost 40 per cent in May from the same period a year ago, latest government data released on Tuesday showed, weighing on overall total exports, amid an extension of voluntary production cuts...

Gold prices climb

2023-07-27 00:00:00

Gold prices climbed on Wednesday due to some safe-haven demand ahead of the US Federal Reserve's decision on a rate hike, as traders see the fight to tame inflation nearing its endgame, reports Reuters.Spot gold rose 0.4 per cent to...

Boeing boosts monthly 737 production

2023-07-27 00:00:00

Boeing said on Wednesday it was lifting production of its bestselling 737 narrow-body jet, a sign the planemaker was recovering from a supplier error that had scuttled its plans for an early ramp-up, reports Reuters.Shares of the company rose as...

Oil prices dip ahead of Fed rate decision

2023-07-27 00:00:00

LONDON, July 26 (Reuters): Oil prices slipped on Wednesday, with investors cautious ahead of an expected Federal Reserve rate hike and a possible increase in US crude supplies.Brent crude futures were down 93 cents to $82.71 a barrel by 1317...

Spain, Japan first teams to reach Women's World Cup last 16

2023-07-27 00:00:00

AUCKLAND, July 26 (AFP): Rampant title contenders Spain and former champions Japan became the first teams to reach the Women's World Cup last 16 on Wednesday as both won with ease.Two-times Ballon d'Or winner Alexia Putellas started for Spain following...

Messi scores twice as Miami crush Atlanta

2023-07-27 00:00:00

FORT LAUDERDALE, United States, July 26 (AFP): Lionel Messi's instant impact in the United States continued on Tuesday as he scored twice in Inter Miami's 4-0 victory over Atlanta United, firing his team into the knockout rounds of the Leagues...

Saud Shakeel creates Test history

2023-07-27 00:00:00

KARACHI, July 26 (Geo Tv): Left-handed batter Saud Shakeel scored another fifty on Wednesday, becoming the first-ever batter in the history of Test cricket to score a half-century in each of the first seven matches to start the career.The stylish...

Australia keen to end 22-yr wait for Ashes series win in England

2023-07-27 00:00:00

LONDON, July 26 (AFP): Australia may have retained the Ashes but a chance to win a Test series in England will spur them on after they "got away" with a draw in Manchester.Ashes-holders Australia have arrived in London for a...