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India inflation likely eased below 4pc

2025-03-11 00:00:00

BENGALURU, Mar 10 (Reuters): India's February consumer inflation likely eased below the Reserve Bank of India's medium-term target of 4.0 per cent for the first time in six months on moderating food price rises, a Reuters poll showed, bolstering expectations...

Pakistan unexpectedly halts easing cycle, keeping key interest rate at 12 per cent

2025-03-11 00:00:00

KARACHI, March l0 (Reuters): Pakistan's central bank unexpectedly halted its easing cycle on Monday, keeping its key policy rate at 12 per cent, saying there could still be price risks including from an escalation in global tariffs even though inflation...

German spending boost to leave lasting impact on world bond markets

2025-03-11 00:00:00

LONDON/SINGAPORE, March 10 (Reuters): A sea change in German fiscal policy is rapidly transforming global bond markets as it is expected to increase the pool of top-rated, safe-haven debt and propel Germany into a new era of structurally higher government...

UCB, DMTCL SIGN AGREEMENT TO INSTALL CRMS, ATMS AT METRO RAIL STATIONS

2025-03-11 00:00:00

United Commercial Bank (UCB) and Dhaka Mass Transit Company Limited (DMTCL) signed an agreement at Metro Rail building in the capital on Monday. Under this agreement, cash recycling machines (CRMs) and ATM machines will be installed at metro rail stations,...

MTB PARTNERS WITH CWASA TO IMPROVE BILL PAYMENT SERVICES

2025-03-11 00:00:00

Mutual Trust Bank (MTB) signed an agreement with the Chattogram Water and Sewerage Authority (CWASA) at the latter's head office in Chattogram to enhance bill payment services with greater convenience and accessibility. Under this agreement, MTB customers can pay CWASA...

AKS rolls out new B700C-R steel bar, setting new standard in construction

2025-03-11 00:00:00

AKS, a leading manufacturer in Bangladesh's steel industry, has introduced a revolutionary new strength category, B700C-R. This groundbreaking product is poised to redefine the construction landscape, delivering stronger and safer structures for the nation, says a statement.The AKS TMT B700C-R...

Rupali Bank gets new director

2025-03-11 00:00:00

Mujib Ahmed Siddique has been appointed as a director on the board of Rupali Bank PLC for a three-year term, according to a notification from the Financial Institutions Division under the Ministry of Finance. On receiving approval from Bangladesh Bank,...

New GTCL Officers' Assoc committee

2025-03-11 00:00:00

The 12th Executive Committee of the GTCL Officers' Welfare Association officially assumed office in a grand ceremony held at the company's head office auditorium on Sunday, says a statement. Newly elected president Mohammad Shamsur Rahman and general secretary Md Moinul...

Japan, UNDP partner to improve waste management in Cox's Bazar

2025-03-11 00:00:00

The government of Japan and the United Nations Development Programme (UNDP) signed an agreement on Monday to launch the 'Sustainable Solid Waste Management' project in Cox's Bazar, reports UNB.This initiative aims to enhance waste management systems, improve health and hygiene,...

Relative calm at securities commission

FE REPORT | 2025-03-11 00:00:00

The chief of the stock market watchdog and three commissioners finally met other staffers of the organisation on Monday in a reconciliation attempt after the recent outburst of conflict. The forced retirement last week of an executive director over graft...

Factors behind recent increase in ownership stakes in companies

BABUL BARMAN | 2025-03-11 00:00:00

Sponsor-directors of some leading companies have been increasing their stake in their own firms at a time when institutional and general investors are selling shares, indicating that sponsors have confidence in the prospects of their companies.For example, three directors of...

Cheating in the name of tutoring?

2025-03-11 00:00:00

Recently, a growing number of fraudsters have been deceiving students by posing as providers of tutoring opportunities on Facebook. These scammers create various tutoring-related groups and lure students with the promise of high-paying tutoring jobs, only to swindle them out...

Extremism and violence against women must stop

2025-03-11 00:00:00

Bangladesh is witnessing a disturbing rise in gender-based violence, fuelled by ideological extremism. In recent months, women have been subjected to sexual harassment, violent attacks, and even mob lynching, all under the pretext of enforcing subjective moral standards. This alarming...

Growing number, power of the rich

Syed Fattahul Alim | 2025-03-11 00:00:00

Globally, the number of the superrich is rising at a faster rate than before. A global real estate consultancy, Knight Frank, in a recent report says, the US's billionaires own 40 per cent of the wealth (about USD5.7 trillion) owned...

Challenges in advancing China-Bangladesh ties

Mir Mostafizur Rahaman | 2025-03-11 00:00:00

As Chief Adviser Dr. Muhammad Yunus prepares to visit China from March 26 to 28 to attend the Boao Forum in Hainan, the diplomatic community is closely watching the developments. This visit comes at a critical juncture for Bangladesh, particularly...

Standard feasibility study for development projects

2025-03-11 00:00:00

The emphasis the Implementation Monitoring and Evaluation Division (IMED) under the Ministry of Planning laid on standard feasibility studies and analysis of expert opinions before taking up development projects may sound like a cliché. But in the context of reality...

Ethical challenges in development work

Matiur Rahman | 2025-03-11 00:00:00

Development work in Bangladesh, a nation marked by its dense population, vulnerability to climate change, and dynamic socio-political landscape, is a complex endeavour. Over the past five decades, the country has made significant strides in poverty reduction, healthcare access, and...

A diplomatic visit and future directions in South Asia

Serajul I Bhuyan | 2025-03-11 00:00:00

The recent diplomatic meeting between former Ambassador of the United States (US) to Bangladesh William B Milam and Deputy Ambassador Jon Danilowicz with Bangladesh's Chief Adviser Professor Muhammad Yunus marks a significant convergence of democratic aspirations and diplomatic outreach for...

Elderly man arrested for 'raping' a 5-year-old in Sherpur

2025-03-10 00:00:00

An elderly man has been sent to jail on charges of raping a 5-year-old child in Sherpur's Nokla Upazila, reports bdnews24.com.In the wake of the alleged incident on Saturday, the child's father initiated a case and the suspect was arrested...

Case filed over 'gang rape' of pregnant woman in Narsingdi, 1 arrested

2025-03-10 00:00:00

Narsingdi, Mar 9 (UNB): A case was filed against five people on Sunday over the alleged rape of a seven-month-pregnant woman in Pachdona union of Narsingdi's Madhabdi upazila.The 23-year-old victim lodged a complaint at Madhabdi Police Station on Saturday naming...

6 of a family burnt in Chandpur fire 'from gas line leakage

2025-03-10 00:00:00

Chandur, Mar 9 (UNB): Six members of a family including three women were burnt in a fire following a blast apparently from gas line leakage in a flat at Shah Bari in Chandpur Sadar upazila early Sunday.The injured are Abdur...

DMP arrests 199

FE REPORT | 2025-03-10 00:00:00

Dhaka Metropolitan Police (DMP) nabbed 199 individuals on various charges while 47 cases were filed during raids in different places in the capital from 6:00 am on Saturday to 6:00 am the following day.Following the strong directives from the government,...

Students of Dhaka University stage a demonstration

2025-03-10 00:00:00

Students of Dhaka University stage a demonstration on the campus on Sunday to protest recent incidents of violence against women, including rape, across the country. — FE Photo

Yields on T-bills rise slightly

FE REPORT | 2025-03-10 00:00:00

The yields on treasury bills (T-bills) increased slightly on Sunday as banks expressed unwillingness to invest their excess liquidity in the securities before Eid-ul-Fitr.The cutoff yield, generally known as interest rate, on the 91-Day T-bills rose to 10.35 per cent...

Govt achieves 70pc of target

FE REPORT | 2025-03-10 00:00:00

The government has been able to achieve 70 per cent of its rice and paddy procurement target from domestic sources during the Aman season.As of March 9, the Directorate General of Food (DGoF) has collected 0.53 million tonnes of rice....

Court orders freeze on 306 bank, BO accounts of three corporates

FE REPORT | 2025-03-10 00:00:00

A Dhaka court has ordered freezing 306 bank and beneficiary owner (BO) accounts of three corporates, including Summit Group, over corruption allegations. The court, at the first go, ordered the Anti-Corruption Commission (ACC) to freeze 191 bank accounts of Mohammed...

Names of eight military facilities changed

2025-03-10 00:00:00

Eight establishments of the armed forces, named after ousted prime minister Sheikh Hasina, her family members, or associates of her government, have been renamed.These include three each from the Navy and Air Force, along with one from the Defence Services...

India beat NZ to win third Champions Trophy title

2025-03-10 00:00:00

DUBAI, Mar 9 (AFP): Skipper Rohit Sharma top-scored with 76 as India beat New Zealand by four wickets for a record third Champions Trophy title on Sunday.Chasing 252 for victory, India got off to a fast start through Rohit's first...

Explore opportunities in Bangladesh's SEZs

FE REPORT | 2025-03-10 00:00:00

Chief Adviser Professor Muhammad Yunus has invited Kuwaiti investors to explore opportunities in Bangladesh's special economic zones (SEZs) and the upcoming Bangladesh Investment Summit in Dhaka on April 7-9. "Bring investors from Kuwait during the summit. It will be a...

Incomplete even after 10 years, CA orders ending 2 crucial projects

FE REPORT | 2025-03-10 00:00:00

Chief Adviser Dr Mohammad Yunus Sunday expressed his utter dissatisfaction over the stagnation in the works of the Meghna River Protection Master Plan and the Saydabad Water treatment plant phase -3 projects and directed the officials to complete the projects...