News
Hefty bank borrowing planned to meet budget deficit
News —6 June, 2024 20:06
The government plans to raise around 85.4% of its domestic funding to meet the budget deficit through borrowing from the banking sector. In the proposed…
Budget FY25: Primary and Mass Education sector to get higher allocation
The government has proposed to allocate Tk 38,819 cr in the…
Govt hopes to contain inflation at 6.5% in FY25
The government is hoping to containinflation at 6.5 percent…
Budget FY25: SIM enabled telecom services to be costlier
The mobile phone SIM-enabled telecommunication services will be costlier as the supplementary duty on the services was raised to 20 percent from 15 percent in the proposed National…
Putin warns Russia could provide weapons to strike West
Russian President Vladimir Putin has warned that Moscow could arm countries with a view to attacking Western targets. Mr Putin made the statement while criticising the West's delivery…
In China, weight-loss drugs are becoming big business
Ozempic is big business in China. Last year, the Danish pharmaceutical giant Novo Nordisk doubled its sales of the diabetes drug in the country to almost $700m – 5 percent of…
Ban fossil fuel ads to save climate, says UN chief
UN Secretary General António Guterres called coal, oil and gas corporations the “godfathers of climate chaos” who had distorted the truth and deceived the public…
30pc tax for legal income but 15pc for undisclosed money
In the FY 2024-25 budget, the maximum tax rate on legitimate income is proposed to be 30% while a 15% tax will be slapped on undisclosed money. This announcement is likely to discourage…
Cabinet approves budget
The cabinet has approved the proposed national budget for the fiscal year 2024-25 at special meeting held at Jatiya Sangsad Bhaban on Thursday. Prime Minister Sheikh Hasina has chaired…
Another budget amid pressure
Awami League-led government is introducing a mammoth budget of nearly Tk 8 trillion amid pressure on financial account and other macroeconomic indicators after asuming office for fourth…
India’s opposition looked down and out – now they’re back
The results of India’s general election announced on Tuesday are being interpreted in a rather unusual way. While the winners appear subdued, the runners-up are celebrating.…
PM Hasina to attend Modi's swearing-in ceremony in New Delhi on June 8
At the invitation of Prime Minister Narendra Modi, Prime Minister Sheikh Hasina is scheduled to leave Dhaka for New Delhi on Friday (June 7) to attend his swearing-in ceremony as the…
No government hospital has international certificate
The government hospitals or lab in the country have no certification of international standard, Health Minister Samanta Lal Sen said on Wednesday. The Health Minister gave this information…
PM congratulates Modi on NDA alliance’s win in Indian election
Prime Minister Sheikh Hasina in a message addressed to her Indian counterpart Narendra Modi, congratulated the victory of the National Democratic Alliance (NDA) led by the Bharatiya…
Modi set for third term as coalition backs him for PM
The BJP has now posted a statement on X saying that Modi has been "unanimously" chosen the leader of the National Democratic Alliance. More significantly, the statement has the names…
Law is taking its own course: Hasan Mahmud says on Dr Yunus case
Foreign Minister Hasan Mahmud on Wednesday said the law is taking its own course regarding the case against Nobel Laureate Professor Muhammad Yunus. “With due respect for Dr…
HC for reinstating 30pc FF quota in govt service
The High Court (HC) today declared illegal a government circular issued in 2018 that abolished the 30 percent quota system in recruiting first class and second class officers in government…