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Bus-microbus collision kills 6 in Tangail

2022-10-07 00:00:00

At least six people, including two children, have been killed in a head-on collision between a bus and a microbus in Tangail's Kalihati Upazila, reports bdnews24.com. The incident took place in the Golattor area on the Bangabandhu Bridge's east end...

Rain restricts BRT project execution after resumption

MUNIMA SULTANA | 2022-10-07 00:00:00

Resumed with enhanced safety measures after a six-week suspension, the implementation work on the under-construction dedicated bus corridor between Gazipur and Hazrat Shahjalal International Airport (HSIA) is now being affected due to heavy rain. Sources said rains might hinder completing...

Import orders fall 12pc in Q1

Jubair Hasan | 2022-10-07 00:00:00

Import orders plummeted by 12 per cent in the first quarter (Q1) of the current fiscal year (FY 2022-23) from the corresponding period of last FY, thanks to regulatory measures for holding back the country's falling foreign-exchange reserves.The value of...

SDGs seen not on track amid current geopolitics

FE REPORT | 2022-10-07 00:00:00

Achieving SDG goals for Bangladesh and other developing countries is quite uncertain under the current state of economy and geopolitical situation, development experts told a seminar on Thursday.They emphasised immediate arrangements for financing the developing world to help them meet...

Briefing 2022-10-07

2022-10-07 00:00:00

Dhaka stocks edge upThe benchmark equity index rose on Thursday, boosted by pharmaceuticals and chemical sector stocks, even as cautious investors adopted wait-and-see policy amid no signs of improvement in economic outlook. However, the turnover on Dhaka Stock Exchange (DSE)...

Prayer Timings (2022-10-07)

2022-10-07 00:00:00

HC can't pass order on govt’s policy decision, says SC

FE REPORT | 2022-10-07 00:00:00

In the full text of a verdict, the Appellate Division of the Supreme Court observed that the High Court cannot pass any order or direction on a matter of administrative policy of the government or any policy-decision matter following a...

Sugar price hiked afresh

FE REPORT | 2022-10-07 00:00:00

Sugar turns a bit bitter as the government raised the price of the sweetener afresh, adding to consumers' woes for rising general inflation. However, an official declaration said, palm-oil rate was lowered through Thursday's price adjustments with import costs. Loose...

Live trading in govt bonds on DSE, CSE from Monday

FE REPORT | 2022-10-07 00:00:00

A total of 253 government bonds will be traded live from Monday next in a move to help diversify the local capital market. The Bangladesh Bank (BB) on Thursday issued a circular in this connection. Currently, the local capital market...

Ex-cop kills 23 children, 12 others in Thailand

2022-10-07 00:00:00

BANGKOK, Oct 6 (AFP): A former police officer shot dead at least 35 people, most of them children, when he stormed a nursery in Thailand on Thursday in one of the kingdom's deadliest mass killings.Following the attack, gunman Panya Khamrab...

Import cuts, demand squeeze contain fiscal deficit

JASIM UDDIN HAROON | 2022-10-07 00:00:00

Belt-tightening to weather a global crunch yields contrasting outcomes for Bangladesh as it enjoys lower fiscal deficit for demand shrinkage and higher taxes from expensive imports while economic growth falters. High-rated inflation driven particularly by global and local price rises...

French author wins Nobel Literature Prize

2022-10-07 00:00:00

STOCKHOLM, Oct 6 (AFP): French author Annie Ernaux, known for her deceptively simple novels drawing on personal experience of class and gender, was on Thursday awarded the Nobel Literature Prize.Ernaux, 82, was honoured "for the courage and clinical acuity with...

Will overcome all economic challenges: PM

2022-10-07 00:00:00

Prime Minister Sheikh Hasina on Thursday vowed to overcome all economic challenges despite global economic downturn and other hurdles at home, report agencies.Briefing journalists at her official residence Ganabhaban on her recent participation in the UN General Assembly, she said...

Bangladesh may see slower GDP growth at 6.1pc

FE REPORT | 2022-10-07 00:00:00

Bangladesh may see slower economic growth at 6.1 per cent in the current fiscal year, the World Bank says in a downbeat update citing umpteen adversities inside and abroad. The latest forecast growth rate is 0.6-percentage-point down from its June...

Weather (2022-10-07)

2022-10-07 00:00:00

Light to moderate rain/thunder shower wind is likely to occur at a few places over Rangpur and Mymensingh divisions until 6:00pm today (Friday), according to Met office.Day temperature may remain nearly unchanged .The country's maximum temperature on Thursday was recorded...

Govt to fix service charges of pvt hospitals

2022-10-07 00:00:00

The government will fix the treatment costs of private hospitals in the country and divide those into three categories based on their quality of treatment , said Health Minister Zahid Maleque on Thursday, reports UNB.The private hospitals will be labeled...

More time needed to unearth causes of grid failure: Nasrul

2022-10-07 00:00:00

State Minister for Power, Energy and Mineral Resources Nasrul Hamid said on Thursday it would take some more days to find out the exact reasons behind the failure of the national power grid two days ago, sending much of the...

RAB nabs 7 over suspected link to radical groups

FE REPORT | 2022-10-07 00:00:00

Rapid Action Battalion (RAB) has arrested seven people, including four youths who went missing from their homes in Cumilla and elsewhere, over their suspected link to radical groups. The arrestees are: Hossain Ahmad (33) , Md Nesar Uddin alias Omaer...

Dr Shamsul Alam speaking at a seminar

2022-10-07 00:00:00

State Minister for Planning Dr Shamsul Alam speaking at a seminar on 'Bangladesh's Journey to SDGs: From Negotiations to Implementation' at Foreign Service Academy in the city on Thursday — PID

Awareness can redress child abuse

FE REPORT | 2022-10-07 00:00:00

Awareness among parents, teachers and society as a whole is needed to reduce child abuse, both psychical and mental, said state minister for planning Dr Shamsul Alam on Thursday."Children in the country are subjected to different types of abuse, especially...

BNP lying about electricity: Hanif

2022-10-07 00:00:00

KUSHTIA, Oct 06 (BSS): Mentioning that there is no shortage of electricity in the country, Awami League joint general secretary Mahabub-ul-Alam Hanif today said BNP is spreading falsehood regarding electricity as they are not finding anything to say against the...

JP to join polls even if EVMs are used, says Raushon

2022-10-07 00:00:00

Jatiya Party (JP) Chief Patron and Opposition Leader in the Parliament Raushon Ershad on Thursday said her party will take part in the next 12th general election even if the electronic voting machine (EVM) systems are used in the upcoming...

BNP to present caretaker govt formula at right time: Fakhrul

2022-10-07 00:00:00

BNP Secretary General Mirza Fakhrul Islam Alamgir on Thursday said their party will present a formula for a non-partisan polls-time caretaker government in the light of the repealed 13th amendment to the constitution, reports UNB."You'll know the outline of the...

BNP's politics hopeless: Quader

2022-10-07 00:00:00

Awami League General Secretary and Road Transport and Bridges Minister Obaidul Quader terms BNP's politics as 'hopeless' and 'unfruitful' on Thursday, reports BSS."BNP usually never walks on straight way and their only work is to spread confusion and untrue information",...

Japanese stocks see big foreign outflows

2022-10-07 00:00:00

Foreign investors were big sellers of Japanese stocks in the week to September 30 as the chances of a widespread global recession edged higher amid major central banks' interest rate increases to control inflation, reports Reuters.Foreigners dumped a net 1.65...

Indian shares soar to near 2-week high

2022-10-07 00:00:00

BENGALURU, Oct 5 (Reuters): A rally in metals stocks lifted Indian shares to close at near two-week highs on Thursday on the back of expected demand surge in top consumer China, while a surge in crude prices kept gains in...

European stocks swing lower

2022-10-07 00:00:00

European stocks pulled back on Thursday during another choppy trading session, as global markets struggled to recover from recent volatility, reports CNBC.The pan-European Stoxx 600 was down 0.2 per cent by mid-afternoon, having given back earlier gains of more than...

Arctic Wolf raises $401m in convertible debt

2022-10-07 00:00:00

Cybersecurity company Arctic Wolf has raised $401 million in convertible notes led by existing investor Owl Rock, the latest example of late-stage startups seeking alternative financing to bridge the longer-than-expected gap between funding rounds and an initial public offering (IPO),...

Emerging market sees another month of foreign outflows

2022-10-07 00:00:00

Emerging market portfolios saw another month of foreign outflows in September, the seventh of the last eight, as non-residents pulled money out of EM stocks and away from China, data from the Institute of International Finance showed on Wednesday, reports...

German factory orders fall sharply

2022-10-07 00:00:00

FRANKFURT, Oct 06 (AFP): German industrial orders fell more sharply than expected in August, official data showed Thursday, as soaring energy costs caused by the war in Ukraine take a toll on Europe's economic powerhouse.New orders-which usually provide a foretaste...