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Green chilli now sells at Tk 300

FE REPORT | 2023-07-04 00:00:00

Green chilli prices have started coming down both at wholesale and retail levels amid a rise in import as well as in local supply of this hot spice.The essential cooking item retailed at Tk 280-300 a kg in Dhaka city...

Israel strikes West Bank targets, killing 7 Palestinians

2023-07-04 00:00:00

JERUSALEM (AP): Israel used drones to strike targets in a militant stronghold in the occupied West Bank early Monday and deployed hundreds of troops in the area, in an incursion that resembled the wide-scale military operations carried out during the...

Mixed bag for banks in H1 of 2023

FE REPORT | 2023-07-04 00:00:00

Banks in Bangladesh had a mixed bag as some booked better operating profits in the past six months to June while others suffered from volatility on the forex market and ballooning non-performing loans.People familiar with the industry told the FE...

LPG price gives little letup

FE REPORT | 2023-07-04 00:00:00

Liquefied petroleum gas (LPG) price is cut by around 7.0 per cent for July marketing of the fuel by private operators, amid downturn in global energy prices from crisis-time peaks. Bangladesh Energy Regulatory Commission (BERC) announced the monthly readjustment of...

June inflation sees slight drop despite rising food prices

FE Report | 2023-07-04 00:00:00

Bangladesh experienced a marginal decrease in overall inflation to 9.74 per cent in June, despite a 0.59-percentage-point rise in food prices, according to official statistics released on Monday. This comes after May recorded the highest point-to-point inflation rate of 9.94...

Merchandise export highest, yet misses annual target

FE REPORT | 2023-07-04 00:00:00

Bangladesh bagged a record-high US$55.55-billion earning from merchandise export in the just-past fiscal year, riding on a double-digit growth for readymade garments, in a little relief amid forex crunch.Yet, the export growth of 6.67 per cent missed the annualized target...

Rain likely today---

2023-07-04 00:00:00

Light to moderate rain/thunder showers accompanied by temporary gusty wind is likely to occur at most places over Rangpur, Rajshahi, Mymensingh and Sylhet divisions in the next 24 hours from 06:00 am today (Tuesday), according to the Met Office.The highest...

BD logs 66 Covid cases

2023-07-04 00:00:00

Bangladesh has recorded 66 new cases of COVID-19 in a day, taking the overall tally of infections to 2,042,768, reports bdnews24.com.The death toll from the disease remained unchanged at 29,462 over the 24-hour period, according to the latest government data...

Biman's 1st return hajj flight arrives

2023-07-04 00:00:00

The first return hajj flight of Biman Bangladesh Airlines carrying 418 pilgrims arrived in Dhaka Monday at 07:15am, reports BSS.After landing at Dhaka's Hazrat Shahjalal International Airport, the pilgrims were provided with Zamzam water from Biman's well-equipped counter adjacent to...

City caretaker electrocuted

2023-07-04 00:00:00

FE REPORT A caretaker of a building was electrocuted in the capital's Tejgaon area on Monday. The deceased was identified as Md Faizu, 35, hailed from Narsingdi. According to police, the incident happened at around 1:00 am while he was...

BSMMU residency programme doctors to go on strike

2023-07-04 00:00:00

Physicians attending postgraduate residency programmes at Bangabandhu Sheikh Mujib Medical University, or BSMMU, have announced an indefinite work stoppage to press home their demands for increased allowances, timely payments, and clearance of dues.The work abstention programme will begin on July...

Teesta river erosion takes serious turn in Kurigram

2023-07-04 00:00:00

KURIGRAM, July 03 (UNB): The Teesta River erosion has taken a serious turn in Ulipur upazila of the district as the river gobbled up 50 homes while it destroyed a vast area of cropland and a government primary school in...

Lack of preventive measures worsening dengue situation

2023-07-04 00:00:00

SAIF UDDINDengue situation is worsening in the capital as elsewhere in the country - mainly due to absence of time-befitting preventive measures by the authorities concerned. Besides, lack of a long-term comprehensive strategy, emergence of new mosquito variety, and poor...

President back home after performing Hajj

2023-07-04 00:00:00

President Mohammed Shahabuddin on Monday returned home from Saudi Arabia after performing the holy Hajj as a royal guest of the Saudi King, reports UNB. A VVIP aircraft of Biman Bangladesh Airlines carrying the President and his entourage members landed...

Murder accused arrested in city

2023-07-04 00:00:00

The Rapid Action Battalion (RAB) has arrested an accused of a murder case from the city's Mirpur area, reports BSS.The arrested Md Alif, 19, son of Golam Mostofa from Omanpur Khierpara area under Pirganj police station of Rangpur district, is...

Newly-elected RCC mayor pays homage to Bangabandhu

2023-07-04 00:00:00

The newly-elected Mayor of Rajshahi City Corporation (RCC) AHM Khairuzzaman Liton on Monday paid rich tributes to Father of the Nation Bangabandhu Sheikh Mujibur Rahman by laying a floral wreath on his portrait in front of Bangabandhu Memorial Museum in...

Leave cancelled for DNCC staff until further notice

2023-07-04 00:00:00

Leave of all level officials and employees, including master role workers, under concerned department and section of Dhaka North City Corporation (DNCC), has been cancelled until further order for conducting mosquito control activities and proper waste management to mitigate waterlogging...

No dialogue with BNP on caretaker govt: Hasan Mahmud

2023-07-04 00:00:00

Information and Broadcasting Minister Hasan Mahmud on Monday ruled out possibility of holding any dialogue with the BNP on its demand to hold the upcoming national election under a neutral caretaker government, reports UNB."There is no question of holding any...

Fakhrul reiterates demand for holding polls under caretaker govt

2023-07-04 00:00:00

FE REPORT BNP secretary general Mirza Fakhrul Islam Alamgir on Monday reiterated his party's demand for holding upcoming national elections under a neutral caretaker government. He alleged that the opposition parties and their views are now being suppressed by the...

HDFC Bank at record high post-HDFC-merger, among world's top 10 banks by value

2023-07-04 00:00:00

MUMBAI, July 03 (Reuters): Shares of India's HDFC Bank hit an all-time high on Monday after it completed its merger with parent Housing Development Finance Corp (HDFC), entering the coveted list of the world's top 10 banks by market capitalisation.HDFC...

BARI alerts farmers to pest infestation in ginger crops

2023-07-04 00:00:00

FE DESK Scientists from the Entomology Division of Bangladesh Agricultural Research Institute (BARI) spotted the occurrence of a destructive insect known as 'Fall armyworm' in ginger crops in June at the experimental farm of Spices Research Centre, located in Shibganj,...

Chartered Life Insurance Company Limited has introduced the Chartered critical illness protection plan,

2023-07-04 00:00:00

CHARTERED LIFE INTRODUCES NEW PRODUCT Chartered Life Insurance Company Limited has introduced the Chartered critical illness protection plan, 'Chartered Suraksha'. This plan provides financial security and life insurance coverage for 45 critical illnesses, including stroke, cancer, first heart attack, major...

Nurun Nahar new deputy governor of Bangladesh Bank

2023-07-04 00:00:00

Nurun Nahar took over as deputy governor of Bangladesh Bank on Sunday, according to a statement.She was serving as the senior-most executive director of Bangladesh Bank (grade-1) prior to her new role at the central bank.Nurun Nahar will serve the...

Govt plans reform initiatives aimed at bolstering macroeconomic stability

2023-07-04 00:00:00

The government has undertaken a series of medium-term (2025-26) reforms aimed at bolstering macroeconomic stability and promoting long-term growth apart from immediate policy responses due to the global and national economic contexts, reports UNB. The main objectives of these reforms...

Dubai leads Gulf markets higher; Abu Dhabi falls as oil slips

2023-07-04 00:00:00

Most major stock markets in the Gulf rose in early trade on Monday, with the Dubai index outperforming the region, although the Abu Dhabi index bucked the trend, reports Reuters.Dubai's main share index - which traded after a four-session break...

Indian shares extend rally, end at fresh highs on financials boost

2023-07-04 00:00:00

BENGALURU, July 3 (Reuters): India's blue chip indexes Nifty 50 and Sensex ended at fresh highs for the third consecutive session on Monday, aided by broad sectoral gains, with financial services in the lead.The Nifty rose 0.70 per cent to...

World stocks firm, Nikkei closes at 33-year peak

2023-07-04 00:00:00

LONDON, July 3 (Reuters): World stocks rose to a two-week peak on Monday, with Japan's Nikkei closing at its highest level in 33 years, drawing support from signs that cooling inflation might temper central banks' appetite to further hike rates.European...

AstraZeneca shares drop as lung cancer trial update lags expectations

2023-07-04 00:00:00

AstraZeneca said on Monday an experimental precision drug slowed progression of lung cancer in a late-stage trial, but the company's shares fell as much as 6 per cent as analysts said the benefits may not be as pronounced as hoped,...

Nasdaq futures rise before holiday as Tesla rallies

2023-07-04 00:00:00

Nasdaq 100 futures rose on Monday, with the tech-heavy index set to extend its rally to the second half of the year, as shares of electric vehicle maker Tesla surged after reporting a record number of vehicles deliveries in the...

Apple's growing stock market heft poses dilemma for fund managers

2023-07-04 00:00:00

NEW YORK, July 3 (Reuters): The massive rally in Apple's shares is forcing some fund managers to revisit a thorny dilemma: they may not own enough of the stock.Apple's share price has soared 49 per cent so far this year,...