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Explosion in Pak political rally kills 40

2023-07-31 00:00:00

At least 40 people were killed and over 130 injured when an explosion tore through a political rally in Pakistan's northwestern Khyber Pakhtunkhwa province on Sunday, police said, reports Reuters. The police said there was no confirmation yet about the...

Dairy farmers to sell beef at Tk 50 less than market

FE REPORT | 2023-07-31 00:00:00

Dairy farmers on Sunday announced to sell per kilogram of beef at a price Tk 50 less than that of the mainstream market.They, however, urged the authorities concerned to reduce the sales tax (known as hasil) on animals across the...

Despair over inflation combat thru interest regulation alone

FE REPORT | 2023-07-31 00:00:00

Just-introduced interest-rate corridor (IRC) and reference lending rate known as SMART will not be enough to hold high inflation in check under the targeted 6.0 per cent, experts said.In stocktaking on outcomes the new monetary policy and its interest-rate regime...

BNP's arson violence returns: PM

2023-07-31 00:00:00

Prime Minister Sheikh Hasina on Sunday said the people once again witnessed the horror of arson violence unleashed by BNP as the activists from the opposition party set fire to a number of buses during their protests, reports UNB."We again...

Briefing 2023-07-31

2023-07-31 00:00:00

Prayer Timings (2023-07-31)

2023-07-31 00:00:00

Bamboos for sale at a floating market on River Shitalakkhya

2023-07-31 00:00:00

Bamboos for sale at a floating market on River Shitalakkhya near Kanchpur Bridge in Demra of Dhaka. These bamboos come from Demra, Narayanganj and surrounding areas. The photo was taken on Sunday — FE photo by Shafiqul Alam

Rosatom DG meets PM Hasina today on nuclear fuel delivery

FE REPORT | 2023-07-31 00:00:00

Director-General of Rosatom State Corporation Alexy Likhachev is scheduled to meet Prime Minister Sheikh Hasina today (Monday) to discuss issues related to shipping nuclear fuel and its loading in Rooppur Nuclear Power Plant. Scheduled to arrive here Sunday night, he...

Number of Dengue patients rises 7 times in a month

FE REPORT | 2023-07-31 00:00:00

Bangladesh reported eight deaths from dengue in 24 hours till Sunday morning as a record number of patients in a single day got admitted to different hospitals across the country. As many as 2,731 dengue patients were admitted to different...

Breakthrough for Jamuna tunnel project as China set to start study

MIR MOSTAFIZUR RAHAMAN | 2023-07-31 00:00:00

The long-awaited Jamuna tunnel-construction project has achieved a breakthrough as China selected Henan Communications Planning & Design Institute Co Ltd to conduct the preliminary feasibility study for it. This development follows the pullout of China Railway Design Corporation (CRDC) from...

Metro Rail company fined Tk 3.5m for loan payment delay

SYFUL ISLAM | 2023-07-31 00:00:00

The Finance Division has fined Dhaka Mass Transit Company Ltd (DMTCL), the government-owned company responsible for operating Dhaka Metro Rail, Tk 3.5 million for delay in making payment of loan instalment, officials said.To build the MRT Line-6, the country's first...

Tax exemptions deliver little goods

DOULOT AKTER MALA | 2023-07-31 00:00:00

Direct-tax exemptions aimed at cooling overheated market and incentivizing industries and investment cost the public exchequer around Tk 3.0 trillion in the past fiscal, to little avail though, sources say.Latest available official data show growth in investment in proportion to...

Mild heat wave sweeping some disticts

2023-07-31 00:00:00

Mild heat wave is sweeping over Rajshahi and Sylhet divisions and the regions of Dhaka, Tangail, Madaripur, Rangpur, Netrokona, Sitakunda, Rangamati, Feni, Cumilla, Mongla, Jashore and Chuadanga and it may abate from some places in the next 24 hours until...

Polls schedule won't be announced before last week of Oct: CEC

2023-07-31 00:00:00

Chief Election Commiss-ioner (CEC) Kazi Habibul Awal on Sunday said that the schedule for the 12th parliamentary election will not be announced before the last week of October. The CEC was speaking to reporters at the Election Commission Secretariat on...

SCB condemns US congressmen's letter for deployment of UN peacekeeping forces

FE REPORT | 2023-07-31 00:00:00

Secular Citizens of Bangladesh (SCB) on Sunday expressed its dismay over the recent letter of the US congressmen who called for deploying United Nations peacekeeping forces in Bangladesh during the upcoming national elections "to prevent intimidation, harassment or assault on...

BD strongly condemns desecration of Holy Quran in Sweden

2023-07-31 00:00:00

Foreign Minister Dr AK Abdul Momen has shared Bangladesh's grave concerns with his Swedish counterpart over the repeated acts of desecrating and burning copies of the Holy Quran in Sweden in recent times, reports UNB.He held a telephonic conversation with...

Army chief off to Kuwait

2023-07-31 00:00:00

Chief of Army Staff General SM Shafiuddin Ahmed left Dhaka for Kuwait on a five-day state visit at the invitation of Kuwait Army Chief of General Staff Lt General Ghazi Hassan Al-Shammari, reports BSS.During his stay in Kuwait, Shafiuddin Ahmed...

Professor Emeritus Dr Serajul Islam Choudhury speaking

2023-07-31 00:00:00

Professor Emeritus Dr Serajul Islam Choudhury speaking at the inaugural session of a two-day international conference on 'Teaching Literature and Interdisciplinarity', jointly organised by the Department of English of East West University and Association of Teachers of Literatures in English,...

Young generation will be key force in building Smart Bangladesh: PM

2023-07-31 00:00:00

Prime Minister (PM) Sheikh Hasina has said the country's young generation will be the key-force in building Smart Bangladesh, reports BSS."Our young generation would be the most skilled manpower in each field in building the Smart Bangladesh," she said while...

700 arrested over Saturday's clashes, says home minister

2023-07-31 00:00:00

At least 700 people have been arrested in connection with the clashes with police, violence and arson attacks during BNP's sit-in programme at the key entry points of Dhaka, Home Minister Asaduzzaman Khan said, reports UNB. "There are CCTVs everywhere...

BNP submits audit report to EC showing Tk 20.37m deposit

2023-07-31 00:00:00

BNP on Sunday submitted its annual financial statement to the Election Commission (EC) for the 2022 calendar year, showing a fund of Tk 20.37 million in reserve, reports UNB.A BNP delegation, led by its Senior Joint Secretary General Ruhul Kabir...

AL to continue rallies in city today

FE REPORT | 2023-07-31 00:00:00

The Awami League (AL) will continue its protest rallies in the capital city today (Monday) in response to the protest rally organised by the BNP.The ruling party also held peace rallies and day-long agitation programmes countrywide, including the capital city,...

BNP's countrywide rallies today

FE REPORT | 2023-07-31 00:00:00

Bangladesh Nationalist Party (BNP) will hold rallies across the country today (Monday) in protest against Saturday's attacks on its leaders and activists by Awami League activists and police in the capital. BNP secretary general Mirza Fakhrul Islam Alamgir made the...

A view of a clash that ensued between police and BNP activists

2023-07-31 00:00:00

A view of a clash that ensued between police and BNP activists during the party's sit-in programme in the city's Matuail area on Saturday — FE Photo

Bearish traders swarm AMC options as stock conversion plan faces doubts

2023-07-31 00:00:00

NEW YORK, July 30 (Reuters): Shares of AMC Entertainment Holdings Inc have been hit by a wave of bearish options bets amid uncertainty over the company's stock conversion plan.The one-month moving average of open puts versus call options on AMC...

India lets firms list on Modi's flagship finance hub to draw foreign capital

2023-07-31 00:00:00

NEW DELHI, July 30 (Reuters): India has allowed its firms to list on exchanges registered in a new financial hub in the western state of Gujarat, Finance Minister Nirmala Sitharaman said on Friday, to give companies access to easier and...

Hopes of 'Goldilocks' economy, rate peak buoy US stocks

2023-07-31 00:00:00

NEW YORK, July 30 (Reuters): A resilient US economy and expectations of a nearing peak in the Federal Reserve's monetary policy tightening cycle are emboldening stock investors, even as worries persist over rising valuations and the potential for inflation to...

Prime Bank Japan Desk signed 'Prime Payroll' agreement

2023-07-31 00:00:00

Prime Bank Japan Desk has recently signed a 'Prime Payroll' agreement with Adventure Dhaka Ltd, a subsidiary of Adventure Inc., which is the largest online travel agency in Japan. Mamur Ahmed, Head of Consumer Sales of Prime Bank, and Shigeyuki...

NCC Bank organised month-long '77th Foundation Training Course'

2023-07-31 00:00:00

NCC Bank organised a month-long '77th Foundation Training Course' for its newly recruited Management Trainee Officers (MTOs). Mohammad Mamdudur Rashid, Managing Director & CEO of the bank, inaugurated the training programme at the NCC Bank Training Institute on Sunday. A...

A training workshop --

2023-07-31 00:00:00

A training workshop on 'Prevention of Money Laundering & Combating the Financing of Terrorism' was held in Cox's Bazar with the participation of 150 officials of leading banks in the country. The training workshop was jointly organised by Bangladesh Financial...