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Government fails to protect people's fundamental rights, alleges BNP

FE REPORT | 2024-03-23 00:00:00

Bangladesh Nationalist Party (BNP) alleged on Friday that the government has failed to protect the country people's fundamental rights after the dummy election on January 7, 2024.BNP Chairperson's Adviser Zainul Abdin Farroque made the allegation while talking to the media...

BNP conspiring to destabilise country's market system, says Quader

2024-03-23 00:00:00

Awami League (AL) General Secretary Obaidul Quader on Friday said BNP has indulged in a deep conspiracy to destabilise the country's market system in the name of boycotting Indian products, reports BSS."But the country's people will not respond to their...

Global equity funds see big inflows on China data and Fed rate cut hopes

2024-03-23 00:00:00

Global equity funds attracted substantial inflows in the week to March 20, driven by strong industrial and retail data from China and optimism about anticipated rate cuts by the US Federal Reserve later in the year, reports Reuters.According to data...

India bond yields edge higher on record supply from states

2024-03-23 00:00:00

MUMBAI, Mar 22 (Reuters): Indian government bond yields ended higher on Friday as states surprised the market with plans of another record debt sale in the holiday-truncated last week of the financial year.The drop of the local currency to a...

Khulna Power set to shut two plants on expiry of deals with BPDB

FE REPORT | 2024-03-23 00:00:00

The business of Khulna Power Company may come under pressure as its two existing power plants are set to close down upon the expiration of power purchase agreements with the Bangladesh Power Development Board (BPDB).The amended power purchase agreements (PPAs)...

Stocks extend losses for sixth week despite institutional support

FE REPORT | 2024-03-23 00:00:00

Stocks extended the losing streak for the sixth week to Thursday although the institutions stepped up to support the market from the front to revive investor confidence.This week, the market saw four trading days as Sunday was a public holiday...

Global music biz sees 10.2pc growth in 2023: industry

2024-03-23 00:00:00

PARIS, March 22 (AFP): Global music revenues were up 10.2 percent last year to $28.6 billion, according figures released Thursday, but record firms are concerned over how to maintain growth in the streaming era.The biggest artist in the world was...

Singer reveals new initiative "Transform for Growth"

2024-03-23 00:00:00

Singer Bangladesh Ltd, a subsidiary of Arcelik, flagship of Türkiye's Koc Group, revealed its new initiative as "Transform for Growth" at a press conference held on Thursday. The company's Managing Director and CEO MHM Fairoz, Chief Commercial Officer Türkiye and...

Grid integration guideline fails to make a success of solar irrigation

2024-03-23 00:00:00

The government's guideline for purchasing electricity from solar irrigation pumps failed to draw adequate response from stakeholders and the government is now thinking of forming a high-powered inter-ministerial committee involving concerned ministries and entities in the sector, reports UNB.According to...

Ctg int'l trade fair to end Tuesday

OUR CORRESPONDENT | 2024-03-23 00:00:00

CHATTOGRAM, Mar 22: The Chittagong International Trade Fair (CITF) has been extended and will now run until Tuesday this week at the Polo Grounds in the city. The decision to extend the month-long fair, which began on February 15, was...

Work on Chattogram-Cox's Bazar expressway likely to start soon

NAZIMUDDIN SHYAMOL | 2024-03-23 00:00:00

CHATTOGRAM, Mar 22: Work on the construction of a 136-kilometre six-lane Chattogram-Cox's Bazar Expressway under the public-private partnership (PPP) modality is likely to start soon.Sources said the work was yet to begin for a delay in a holding meeting of...

EU tariffs on Russian grains to impact world food security: Russian spokesperson

2024-03-23 00:00:00

MOSCOW, March 22 (XINHUA): The European Commission's plans to impose tariffs on agricultural products from Russia and Belarus will impact global food security, Russian Foreign Ministry Spokesperson Maria Zakharova said Friday."They will only aggravate the food situation in the world,...

Soybeans extend fall off two-week highs; corn, wheat also lower

2024-03-23 00:00:00

PARIS, March 22 (Reuters): Chicago Board of Trade (CBOT) soybeans futures fell on Friday after surging to a two-month high in the previous session as concerns around inclement weather in Argentina triggered speculative buying and short-covering.Corn and wheat futures were...

Gold prices dip as dollar strengthens on Fed-driven rally

2024-03-23 00:00:00

Gold prices slipped on Friday due to a stronger dollar, although they were set for a fourth weekly gain in five as the U.S Federal Reserve's decision to retain its interest rate-cut projections for 2024 bolstered bullion's appeal, reports Reuters.Spot...

Oil prices stay steady

2024-03-23 00:00:00

Oil prices were little changed on Friday, with global benchmark Brent hovering above $85 per barrel, as the possibility of a ceasefire in Gaza gained traction, reports Reuters.Brent crude futures were down 2 cents to $85.76 a barrel by 1017...

Global warming to raise food prices, inflation: study

2024-03-23 00:00:00

PARIS, March 22 (AFP): Global warming and heatwaves are expected to further increase food prices and overall inflation across the world in future, according to new research from scientists and the European Central Bank.The impact will vary but be felt...

Rape convict Robinho arrested in Brazil

2024-03-23 00:00:00

SANTOS, Brazil, Mar 22 (AFP): Former Manchester City and Real Madrid footballer Robinho was arrested Thursday in Brazil, after losing a last-minute court bid to delay serving his nine-year sentence for raping a woman a decade ago.Supreme Court Judge Luiz...

T20 World Cup stars can boost US cricket: Plunkett

2024-03-23 00:00:00

LONDON, Mar 22 (AFP): England World Cup winner Liam Plunkett says cricket superstars such as Virat Kohli and Babar Azam can help bolster the game in the United States when it hosts the T20 World Cup.The Twenty20 showpiece, which starts...

DPRK's home WC qualifier against Japan to take place at neutral venue

2024-03-23 00:00:00

KUALA LUMPUR, Mar 22 (AFP): North Korea's home World Cup qualifier against Japan on Tuesday will be held at a neutral venue and not in Pyongyang, the Asian Football Confederation said, four days before the game."Normally it's the responsibility of...

Players of the Ukrainian national football team celebrate

2024-03-23 00:00:00

Players of the Ukrainian national football team celebrate after winning the UEFA's EURO 2024 qualification play-off match between Bosnia and Herzegovina and Ukraine in Zenica on Thursday — AFP

Murray beats dizzy Berrettini, Stephens, Osaka advance

2024-03-23 00:00:00

MIAMI, Mar 22 (AFP): Two-time Miami Open champion Andy Murray fought back for a 4-6, 6-3, 6-4 win over struggling Italian Matteo Berrettini in the first round at Hard Rock Stadium on Wednesday.Berrettini needed medical attention near the end of...

Bangladesh suffer massive defeat to Palestine

2024-03-23 00:00:00

Palestine thrashed Bangladesh by 5-0 goals in the FIFA World Cup 2026 Qualifier match held at the Jabir Al-Ahmad International Stadium in Kuwait on Friday, reports BSS.Forward Oday Dabbagh slammed a hat-trick with three goals while Shaheb Qunbar supported him...

MS Dhoni gives up captaincy of IPL champions Chennai

2024-03-23 00:00:00

NEW DELHI, Mar 22 (AFP): Veteran star MS Dhoni has handed the captaincy of IPL champions Chennai Super Kings to Ruturaj Gaikwad, the club said Thursday ahead of the league's first match.Chennai Super Kings take on Royal Challengers Bengaluru as...

Fahad shares points with Quizon of Philippines

2024-03-23 00:00:00

Bangladeshi IM Mohammad Fahad Rahman drew with IM Quizon Quang of Philippines in the 3rd round match of the Hanoi Grandmaster-2 Chess Tournament'2024 held in Hanoi, Vietnam on Wednesday, reports UNB.IM Mohammad Fahad Rahman played with white pieces against Sicilian...

Seamers put SL in control as Tigers chase 280

2024-03-23 00:00:00

SYLHET, Mar 22 (AFP): Dhananjaya de Silva and Kamindu Mendis both hit knocks of 102 to help Sri Lanka post 280 in their first innings before their seamers rattled Bangladesh on the opening day of the first Test in Sylhet...

News in Brief(2024-03-23)

2024-03-23 00:00:00

Indian PM Modi in Bhutan to shore up ties with eye on ChinaNEW DELHI, Mar 22: Indian Prime Minister Narendra Modi landed in Bhutan on Friday for a two-day state visit to the tiny but strategic Himalayan nation also being...

Global sea level jumped due to El Nino and climate change: NASA

2024-03-23 00:00:00

WASHINGTON, Mar 22 (AFP): Global average sea level rose by about 0.3 inches (0.76 centimeters) from 2022 to 2023 -- nearly four times the increase of the previous year -- NASA said Thursday, attributing the "significant jump" to a strong...

Over 70 Rohingya dead or missing after boat capsizes off Indonesia’s Aceh

2024-03-23 00:00:00

ACEH, Mar 22 (Reuters): More than 70 Rohingya are "presumed dead or missing" after a boat they were on capsized off the coast of Indonesia's Aceh province, while 75 have been rescued, the UNHCR refugee agency said on Friday.The UNHCR...

UN declares 2025 as int'l year of peace, trust

2024-03-23 00:00:00

UNITED NATIONS, Mar 22 (Xinhua): The General Assembly on Thursday adopted a resolution to declare 2025 as the International Year of Peace and Trust.The resolution calls on the international community to resolve conflicts through inclusive dialogue and negotiation in order...

Macron says Ukraine may soon 'fall'

2024-03-23 00:00:00

BRUSSELS, Mar 22 (TASS): French President Emmanuel Macron believes that Ukraine's fall is imminent, says the European edition of Politico, referring to its sources.According to the paper, on Wednesday Macron held a political event at the Elysee Palace, where, among...