FE Today Logo

Search results for:


India's April-Dec steel imports hit five-year high as demand soars

2024-02-03 00:00:00

NEW DELHI, Feb 2 (Reuters): India's steel imports touched a five-year high in the first nine months of the fiscal year to the end of March, turning the country into a net importer of finished steel, according to provisional government...

Ryanair Q3 profit dives 93pc on higher fuel cost

2024-02-03 00:00:00

LONDON, Feb 2 (AFP): Irish no-frills airline Ryanair said net profit dived 93 percent in its third quarter as higher fuel costs offset rising revenues, resulting in a lower full-year earnings forecast.The carrier, which flies mostly throughout Europe, said net...

US thermal coal exports hit 5-year highs and top $5 bln in 2023: Maguire

2024-02-03 00:00:00

LITTLETON (Colorado), Feb 2 (Reuters): United States exporters of thermal coal earned more than $5 billion in 2023 as they shipped out more than 32.5 million metric tons of the high-polluting power fuel, data from ship-tracking firm Kpler shows.The thermal...

Russian tycoon sells Polymetal stake to Omani-owned consortium

2024-02-03 00:00:00

MOSCOW, Feb 2 (Reuters): Investment company ICT Holding, owned by Russian businessman Alexander Nesis, has sold its 23.9 per cent stake in gold and silver producer Polymetal International to a consortium led by the Omani government, Polymetal said in a...

Gold drops as dollar, yields rise on stronger US jobs data

2024-02-03 00:00:00

Gold prices slipped on Friday as the dollar and yields jumped following a strong U.S. nonfarm payrolls report, which created some uncertainty about whether the Federal Reserve might start cutting interest rates soon, reports Reuters.Spot gold was down 0.9% to...

Oil prices gain after OPEC+ maintains output cuts

2024-02-03 00:00:00

SINGAPORE, Feb 2 (Reuters): Oil prices rose in early trade on Friday following a decision by OPEC+ to keep its oil output policy unchanged, clawing back some losses from the previous trading session triggered by unsubstantiated ceasefire reports between Israel...

Our Days

IG Chowdhury | 2024-02-03 00:00:00

Elon Musk is said to have a list of books that influenced him most. Such a list can be helpful in two ways: one, to understand the person and, two, to find names that may have escaped one's reading habit....

Why businesses need procurement specialist

Md Munirul Islam | 2024-02-03 00:00:00

Procurement practices have been existing for thousands of years. This practice dates back to as early as 3000 BC. In Egypt, during pyramid design, papyrus was used to record the amount of labour and materials needed for construction. Ancient Romans...

Language and interaction between man and animal

Nilratan Halder | 2024-02-03 00:00:00

If language is an expert way of producing meaningful sounds out of the vocal cord, the human species has perfected the art at its most efficient. Other species---birds and animals---lag behind but it would be foolish to subscribe to the...

More than 150 countries celebrate 12th annual World Hijab Day

2024-02-03 00:00:00

LONDON, Feb 02 (Arab News): People in more than 150 countries celebrated World Hijab Day on Thursday with events designed to counter hijabophobia through raised awareness and improved education about the traditional Muslim head covering.The headline event hosted by the...

Malaysia halves ex-PM Najib Razak’s jail term in 1MDB scandal

2024-02-03 00:00:00

KUALA LUMPUR, Feb 02 (Reuters): Former Malaysian premier Najib Razak, who was convicted of graft over the multibillion-dollar 1MDB scandal, could be released by 2028 after his jail sentence was halved by a pardons board on Friday, prompting an uproar...

Pak army kills 24 militants in Balochistan

2024-02-03 00:00:00

KARACHI, Feb 02 (Reuters): Pakistan's military has killed 24 militants in three days in the restive southwestern province of Balochistan, the military said in a statement on Friday, less than a week before national elections.Four law enforcement personnel and two...

Israel approves terms of deal with Hamas, reached in Paris: Qatar

2024-02-03 00:00:00

WASHINGTON, Feb 02 (Agencies): Israel has given its consent to general provisions of a deal with Palestine's Hamas movement, drafted during the recent negotiations in Paris, Qatari Foreign Ministry's spokesperson Majed al-Ansari said."The meeting in Paris succeeded in consolidating their...

Smith, Green guide Australia to crushing win in 1st Windies ODI

2024-02-03 00:00:00

MELBOURNE, Feb 02 (AFP): Skipper Steve Smith and Cameron Green eased Australia to a crushing eight-wicket victory over the West Indies with a dominant 149-run stand in the first one-day international in Melbourne on Friday.Smith finished unbeaten on 79 off...

Dhaka Abahani bounce back with win over Police FC

2024-02-03 00:00:00

Former champions Dhaka Abahani Limited returned to winning ways in the 10-team ABG Bashundhara Bangladesh Premier League (BPL) Football beating Bangladesh Police FC by 2-1 goals in the 6th round match at the Rafiq Uddin Bhuiyan Stadium in Mymensingh on...

Mithun, Ngarava help Sylhet snap losing streak in BPL

2024-02-03 00:00:00

Sylhet Strikers finally snapped a painful five-match losing streak on Friday after beating Durdanto Dhaka by 15 runs in their last match of the Sylhet phase of Bangladesh Premier League (BPL) at Sylhet International Cricket Stadium in Sylhet, reports BSS.Mohammad...

Data integrity, empirical research and economic planning-

Farzana Zaman Toshi and Abdullah A Dewan | 2024-02-03 00:00:00

In his recent article entitled, “The riddle of the missing figures” (FE, 27, 2023), Dr Helal Ahmed gave several examples of discrepancies in data published by Bangladesh Bureau of Statistics (BBS). The concluding paragraph of the article is reproduced as...

Goodbye clay bricks, welcome concrete blocks

2024-02-03 00:00:00

Traditional fire-burnt clay bricks have been used in different countries around the world since ancient times. Their popularity and usage are highest due to their availability and low cost. In Bangladesh, hundreds of hectares of agricultural land are being wasted,...

Air pollution: A silent killer

2024-02-03 00:00:00

Dhaka City has been grappling with air pollution for the past few years, with media consistently reporting that it often tops the list of cities worldwide with the worst air quality. Many researchers think that the capital is now becoming...

Pursuing multilingual skills

Tanim Asjad | 2024-02-03 00:00:00

Learning more than one language in addition to the mother tongue is not a luxury at all. It is always a necessary skill that helps expand the horizon of knowledge. English is the second but essential language to learn besides...

Regulator getting tough on banks!

Syed Mansur Hashim | 2024-02-03 00:00:00

The Bangladesh Bank (BB), the country's central bank, has issued new directives to private banks on a host of issues. The instruction essentially calls on banks to stop 'overrated' lending, i.e. "commercial banks to heed the prompt corrective action (PCA)...

Cleaning banking sector's Augean stables

2024-02-03 00:00:00

When plagued by indiscipline, mismanagement, unethical practices including outright plundering of deposit money from banks the banking sector has suffered erosion of public trust in it, its regulator, the Bangladesh Bank (BB), seems to have put its foot down to...

BSF regrets recent border killing: Foreign ministry

2024-02-02 12:00:00

India's Border Security Force (BSF) has officially regretted the recent border killing and expressed willingness to address the border issues through joint efforts, reports UNB.The BSF and Border Guard Bangladesh (BGB) will also work together to prevent any such incident...

More trains on MRT-6 imminent

MUNIMA SULTANA | 2024-02-02 00:00:00

Amid rising passenger pressure, the Dhaka metro-rail company is actively considering increasing the number of trains and frequency of headways to reduce the time of arrival.The operations and technical team of the Dhaka Mass Transit Company Limited (DMTCL) was working...

Quota for nearly 50k still unfulfilled

FE REPORT | 2024-02-02 00:00:00

A total of 78,757 Bangladeshi pilgrims have completed registration to perform the holy hajj this year as the deadline ended on Thursday.Of them, 4,165 have so far been enlisted under government arrangement while 74,592 under private arrangement till the filing...

Banks asked to submit accurate data on time

FE REPORT | 2024-02-02 00:00:00

The Bangladesh Bank (BB) issued a master circular on Thursday mandating commercial banks to submit accurate deposit-insurance premium information semi-annually without delay.The directive stressed timely and correct data submission, threatening penalties for violations under the Bank Company Act, 1991."Banks must...

Fakhrul, Abbas denied bail again---

2024-02-02 00:00:00

BNP Secretary-General Mirza Fakhrul Islam Alamgir and BNP leader Mirza Abbas have been denied bail, reports bdnews24.com. BNP Secretary General Mirza Fakhrul Islam Alamgir has been denied bail in a case over an attack on the residence of the chief...

Veg still costly this peak harvest period

FE REPORT | 2024-02-02 00:00:00

Prices of various types of vegetable have risen further in different city markets in the last one week, keeping the winter items beyond the reach of commoners.Spicy kitchen items like onion, garlic and ginger have also witnessed a hike during...

1st phase of Biswa Ijtema begins today--

2024-02-02 00:00:00

The first phase of three-day 'Biswa Ijtema', a large congregation of Muslims in the world, is set to begin this (Friday) morning on the bank of the Turag River in Gazipur's Tongi, reports UNB.The authorities concerned have completed the necessary...

PM stresses digital book publication to promote Bengali literature globally

2024-02-02 00:00:00

Prime Minister Sheikh Hasina on Thursday stressed the need for digital publication of books and their translations to promote Bengali language, literature and culture throughout the world, reports UNB."If we want to spread our language, literature and culture massively, we...