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Five Eid congregations at Baitul Mukarram Mosque

2024-04-08 00:00:00

Five Eid-ul-Fitr congregations will be held at the Baitul Mukarram National Mosque in the city, starting from 07:00 am on Eid day, reports UNB The first Eid jamaat will be administered by Hafez Maulana Mizanur Rahman, Senior Pesh Imam of...

Scouts Day to be observed today

2024-04-08 00:00:00

The 52nd Bangladesh Scouts Day will be observed with the theme "Smart Scouting, Smart Citizen" throughout the country today (Monday), reports UNB.President Mohammed Shahabuddin and Prime Minister (PM) Sheikh Hasina issued separate messages on the eve of the day, greeting...

General SM Shafiuddin Ahmed addressing Army personnel

2024-04-08 00:00:00

Chief of Army Staff General SM Shafiuddin Ahmed addressing the Army personnel during his visit to Bandarban region on Sunday — ISPR

Five die in lightning strikes in three districts

2024-04-08 00:00:00

Five people, including a child, have died from lightning strikes in three districts. Three people were killed in Jhalakathi, and one each in Netrokona and Jashore, reports bdnews24.com.Another person was injured in the incidents, which occurred from Sunday morning to...

Eid trippers to pay Tk 9.84b extra fare

FE REPORT | 2024-04-08 00:00:00

Public transport operations will extract additional Tk 8.84 billion from passengers before this Eid despite the government efforts to stop collecting extra fare.About 10.6 million people are going home from Dhaka and surrounding areas on this Eid trip.The Passenger Welfare...

January online card purchase surges

SAJIBUR RAHMAN | 2024-04-08 00:00:00

Bangladeshi consumers are increasingly turning to online shopping, with e-commerce transactions through cards showing a steady rise in recent months. This trend mirrors the increasing popularity of online shopping due to its convenience plus affordability, as online purchases save time...

Police to deploy drones to manage highway traffic during Eid exodus

2024-04-08 00:00:00

Police will use drones for highway traffic control during heightened pressure of Eid-ul-Fitr holidaymakers, reports bdnews24.com. Additional Inspector General Md Shahabuddin Khan, chief of Highway Police, briefed the media about measures taken to ease the suffering of travellers while visiting...

Five 'KNF members' held, two firearms recovered

2024-04-08 00:00:00

BANDARBAN, Apr 7 (UNB): Rabid Action Battalion (RAB) members arrested five suspected members of Kuki-Chin National Front (KNF) and recovered two firearms from a hilly area in Sadar upazila on Saturday night.However, it is not yet known whether the recovered...

Saber hands over Tk 1.5m to family of slain forest officer

2024-04-08 00:00:00

MUNSHIGANJ, Apr 07 (BSS): Environment, Forest and Climate Change Minister Saber Hossain Chowdhury on Saturday said his ministry is working to ensure maximum punishment for those involved in killing Md Sajjaduzzaman, a beat officer of the forest department in Cox's...

BNP demands release of its leaders, activists before Eid

2024-04-08 00:00:00

BNP Senior Joint Secretary General Ruhul Kabir Rizvi on Sunday demanded unconditional release of the party's detained leaders and activists before Eid-ul-Fitr, the biggest religious festival of the Muslims, reports UNB.He made the call at a press conference at the...

Armed activities of Kuki-Chin in hills an isolated incident: Quader

2024-04-08 00:00:00

Awami League (AL) General Secretary Obaidul Quader on Sunday said the armed activities of Kuki-Chin in the Chittagong Hill Tracts (CHT) was a sporadic incident, while the government had taken a cautious and rigid stance to this end, reports BSS."Kuki-Chin...

China's commerce minister due in Paris for electric vehicle talks

2024-04-08 00:00:00

PARIS, Apr 07 (Reuters): China's commerce minister Wang Wentao is due in Paris on Sunday for talks that are expected to cover China's fast growing export of cheap electric vehicles (EVs) into the European market.Four sources briefed on Wang's trip...

Dutch set to comply with US demands on China exports

2024-04-08 00:00:00

AMSTERDAM, Apr 07 (Reuters): US demands that chipmaking giant ASML stop servicing some equipment it has sold to Chinese customers are a diplomatic and business headache for the Dutch government, but signs are it will continue to align with Washington...

India EV sales to rise 66pc this year

2024-04-08 00:00:00

NEW DELHI, Apr 07 (Reuters): Electric-vehicle sales in India are expected to rise 66 per cent this year after nearly doubling in 2023 as state subsidies help fuel demand and supporting infrastructure comes up in the country, according to research...

KSA banks’ deposits reach $677b in Feb, reflecting economic resilience

2024-04-08 00:00:00

RIYADH, Apr 07 (Arab News): Saudi banks' total deposits reached SR2.54 trillion ($677 billion) in February, marking a 10.26 per cent increase from the same month last year, the official data showed. Analysis conducted on the data released by the...

Wipro CEO Delaporte resigns

2024-04-08 00:00:00

BENGALURU, Apr 07 (Reuters): Wipro Chief Executive Officer Thierry Delaporte resigned on Saturday following a fraught few years for India's No. 4 IT services company, to be succeeded by the head of its biggest market.Srinivas Pallia, a veteran of the...

Iraq signs 12 MoUs with S Arabia in investment push

2024-04-08 00:00:00

RIYADH, Apr 07 (Arab News): Economic ties between Saudi Arabia and Iraq are poised to strengthen further with the signing of 12 memorandums of understanding for quality investment projects. The Kingdom's Ministry of Investment announced on 'X' that this agreement...

India must keep e-scooter subsidies to boost adoption

2024-04-08 00:00:00

BENGALURU, Apr 07 (Reuters): India will need to keep subsidies for electric scooters for another few years to boost the switch from polluting motorbikes, the CEO of e-scooter maker Ather Energy told Reuters on Saturday.Industry experts believe subsidies such as...

Yellen tells Chinese premier

2024-04-08 00:00:00

BEIJING, Apr 07 (Reuters): US Treasury Secretary Janet Yellen on Sunday raised her concerns about China's excess industrial capacity with Chinese Premier Li Qiang, telling him that bilateral relations were now more stable because the two sides can have "tough"...

STANDARD BANK DISTRIBUTES IFTAR

2024-04-08 00:00:00

Shari'ah-based Standard Bank PLC distributed iftar in the holy month of Ramadan. Mohammad Mohon Miah, Managing Director & CEO (Current Charge), inaugurated the programme and handed over iftar items among pedestrians in front of the under-construction head office building of...

AI might rewrite Samsung's memory chip past

2024-04-08 00:00:00

HONG KONG, April 7 (Reuters Breakingviews): Samsung Electronics investors are used to the chip market's notoriously brutal boom-and-bust cycles. Artificial intelligence, though, might help ease future swings.On Friday, the $420 billion tech conglomerate estimated, first-quarter operating profit to be 6.6...

Hot US jobs report tempers Fed rate cut outlook

2024-04-08 00:00:00

NEW YORK, April 7 (Reuters): Stocks on Wall Street rallied and the dollar rose on Friday, as bond prices fell, after another blowout US jobs report suggested the Federal Reserve may delay cutting interest rates while it awaits further inflation...

Bourses should be first layer of defence against frauds: Experts

FARHAN FARDAUS | 2024-04-08 00:00:00

The country's stock market experts suggest strengthening stock exchanges for another layer of supervision under the securities regulator so they can take prompt actions against brokers for any fraudulent activities. At present, the Bangladesh Securities and Exchange Commission (BSEC) is...

Tesla begins making cars in Germany for export to India

2024-04-08 00:00:00

NEW DELHI/BERLIN, Apr 7 (Reuters): Tesla has begun production of right-hand drive cars at its plant in Germany for export to India later this year, three people aware of the company's plans told Reuters, as it moves ahead with a...

Samsung flags 10-fold rise in Q1 profit as chip prices recover

2024-04-08 00:00:00

SEOUL, Apr 7 (Reuters): Samsung Electronics estimated on Friday its first-quarter operating profit would rise more than 10-fold, topping market expectations, as chip prices have started to rebound from a severe downturn thanks to a boom in artificial intelligence.But the...

UAE property tycoon withdraws from Belarus, collaborates with Kushner

2024-04-08 00:00:00

The Emirati real estate developer behind Dubai's signature skyscraper, the Burj Khalifa, has initiated the sale of property assets he owns in Belarus, a country targeted by Western sanctions, according to two people familiar with the matter, as he collaborates...

DBCCI holds business networking seminar

2024-04-08 00:00:00

Dutch-Bangla Chamber of Commerce & Industry (DBCCI) hosted a business networking seminar on "Rewarding Relation between the Netherlands and Bangladesh" at DBCCI Iftar party held at a hotel in Dhaka on Saturday. Sara van Hoeve, First Secretary, Economic Affairs, Embassy...

AI seen cutting worker numbers: Survey

2024-04-08 00:00:00

ZURICH, Apr 7 (Reuters): Artificial intelligence will lead to many companies employing fewer people in the next five years, staffing provider Adecco Group said on Friday, in a new survey highlighting the upheaval AI will bring to the workplace.Some 41%...

Govt to gradually hike recurrent expenditure to 9.5pc by FY ’26

2024-04-08 00:00:00

The government is set to increase its recurrent expenditure from 8.7 per cent of the Gross Domestic Product (GDP) in the current fiscal year 2023-24 to 9 per cent in 2024-25, with a further rise to 9.5 per cent in...

Minimum wage for cotton textile workers set at Tk 10,001

FE REPORT | 2024-04-08 00:00:00

The government has fixed minimum monthly wages for the workers of cotton textile industry, making a little change in basic pay and house rent from the proposed ones. The Ministry of Labour and Employment (MoLE) on April 04 issued a...