BSS: Prime Minister Sheikh Hasina today asked owners of mills and factories to cut some luxuries in their lives to...
Day: May 1, 2024
UNB: Foreign Minister Hasan Mahmud will attend the 15th session of the OIC Islamic Summit in Banjul, The Gambia. The...
NN Online Desk: Times Higher Education (THE) recently released its 2024 Asia University Rankings which ranks 739 universities from 31...
Reuters, Los Angeles: Violent clashes erupted early on Wednesday morning on the campus of the University of California in Los...
City Desk : The National Committee to Protect Shipping, Roads, and Railways (NCPSRR), a prominent civil society group, has vehemently opposed Bangladesh Railway’s decision to eliminate fare discounts starting May 4, which will lead to a significant increase in train fares by 20 to 30 percent for journeys exceeding 100 km. Md Shahid Mia, the convener of NCPSRR, and Ashish Kumar Dey, the general secretary, expressed their concerns through a public statement on Tuesday, reports UNB. They highlighted the current...
Reuters : Moody’s, the international credit rating agency, on Tuesday said they expected the tightening of overdue recognition for fixed-term loans to result in increases in nonperforming loans and provisions. This, they believe, will strain banks’ profitability in the near term. They made the disclosure in a report released on Tuesday. On 9 April, the Bangladesh Bank finally reinstated its loan classification rule of 2012 by cutting the overdue time of a term loan by three months in line with...
Reuters : Indian security forces killed at least 10 Maoist rebels in a gun battle in the forests of central India on Tuesday, police said, the second major encounter this month amid national elections. Fighting in the Abujhmad area of the Maoist-riven Bastar region followed an April 16 clash in which 29 rebel fighters were killed in a nearby district. The rebels, who follow a form of communism propagated by late Chinese leader Mao Zedong, have waged a guerrilla-style struggle...
Dhaka Abahani Limited reached the semi-final of the Bashundhara Federation Cup Football Tournament’ 2023-24 eliminating Fortis Football Club by 3-1 goals in the 4th and last quarter-final at the Bashundhara Kings Arena in Dhaka on Tuesday. Dhaka Abahani will play the 2nd semi-final against BPL champions Bashundhara Kings on May 14, while defending champions Dhaka Mohammedan SC will face Bangladesh Police FC in the first semis on May 7. The final match will be held on May 21 ....
Business Report : Renata Limited – a manufacturer of pharmaceuticals and animal health products – has reported a 21.4% growth in profit and while its revenue grew by 9% in the January to March quarter of the current fiscal year over the same time of the previous fiscal year. During the Q3, it logged Tk72.62 crore profit, and Tk921.844 crore revenue, according to its consolidated interim financial statements for the nine months. However, its revenue grew by 14% to Tk2781.46...
Business Report : Individual investors’ capital gains from stocks will not be taxed, said Professor Shibli Rubayat Ul Islam, chairman of The Bangladesh Securities and Exchange Commission (BSEC). The International Monetary Fund (IMF) prescription to tax individual investors’ capital gains from listed securities, among many others, would not be possible to implement in the present context of Bangladesh, he said while talking to representatives of the Capital Market Journalists Forum (CMJF) at his office on Tuesday. “I had talks with...
Staff Reporter : A total of 45 police inspectors have been promoted to the posts of assistant police superintendent (ASP). The Security Division of the home ministry issued three separate notifications signed by Deputy Secretary Mahabur Rahman Sheikh in this regard on Monday. The lists of the police officers were published on the ministry’s website. The promoted members will get BCS (Police) cadre status. According to the notification, the promoted police officers include 22 inspectors (unarmed), 19 inspectors (armed) and...