Adani Group lost nearly $55b as US charges sparked rout
India’s Adani Group conglomerate said Wednesday it had lost almost $55 billion in a stock market rout since US prosecutors last week accused its founder and other officials of fraud.
India’s Adani Group conglomerate said Wednesday it had lost almost $55 billion in a stock market rout since US prosecutors last week accused its founder and other officials of fraud.
The Executive Committee of the National Economic Council on Monday approved five projects involving an overall estimated cost of Tk 5,915.99 crore, including one for improving the sewerage system of Chattogram (catchment 2 and 4) with around Tk 5,152.55 crore...
US president-elect Donald Trump on Friday named billionaire Scott Bessent as his Treasury secretary, choosing the hedge fund manager to help execute an agenda promising tax cuts and tariffs...
Finance adviser Salehuddin Ahmed on Wednesday said that tariff cuts hardly helped in checking price hike of essentials making majority people impatient...
Taliban authorities in eastern Afghanistan on Wednesday executed a convicted murderer by gunfire at a sports stadium, the sixth public execution since their return to power...
Iran is to impose electricity rationing in Tehran and other provinces from Monday because of a shortage of fuel in power stations, the official IRNA news agency said on Sunday.
Intermittent power outages despite substantial drop in the electricity demand together with the new austerity instruction issued on Monday underscore the country’s declining energy capacity...
Three members of a family died from electrocution at a house at Kadamtala in Sadar upazila of Kurigram district on Wednesday.
Shares slipped in New York and Europe Thursday as the latest US inflation report strengthened the case for a slower pace of interest rate cuts...
The Executive Committee of National Economic Council on Monday approved a Taka 11,560.77 crore new rail-cum-road bridge project over the River Karnaphuli at Kalurghat beside the existing old bridge to ensure smooth and uninterrupted communication system between Chattogram and Cox’s Bazar.
Pakistan’s capital was locked down on Saturday, swarmed by security forces with mobile internet cut as supporters of jailed ex-prime minister Imran Khan attempted to seize the streets in protest...
THE government’s not effectively minding the absence, or presence, of public prosecutors and government pleaders in lower courts is delaying justice as judges are compelled to adjourn hearing during cross-examination of or deposition by witnesses, which undermines the delivery of justice. The law officers, including public prosecutors and government...
Mohammad Mamdudur Rashid has been appointed as managing director and chief executive officer of United Commercial Bank PLC recently, said a press release...
Asian and European stocks markets rallied Thursday, with a record high in Frankfurt, after the Federal Reserve announced a bumper interest-rate cut and pledged further reductions as inflation cools...
The Executive Committee of the National Economic Council on Wednesday approved a total of four development projects involving an overall estimated cost of Taka 1,222.14 crore.
Bangladesh Nationalist Party on Tuesday said that the frequency of power cuts had increased dramatically in the country due to the looting and laundering of huge amounts of money by the previous Awami League government.
International Crimes Tribunal chief prosecutor Md Tajul Islam on Monday said that efforts were on to collect evidence of genocides those had been allegedly committed by past Awami League government while attempting to quell the recent anti-discrimination student movement...
The government recently cancelled the appointment of 17 special public prosecutors in an Explosive Substances Act case, filed with Lalbagh police station over the 2009 BDR mutiny...
Newly appointed chief prosecutor of the International Crimes Tribunal Md Tajul Islam on Sunday said that necessary steps would be taken to bring ousted prime minister Sheikh Hasina back to the country to stand trial over alleged crimes against humanity and genocide during the recent anti-discrimination student movement in Bangladesh...
Major stock markets mostly fell Monday as more weak Chinese economic data offset optimism over an expected US interest-rate cut...
Salahuddin Alamgir has been elected executive committee chairman of Modhumoti Bank PLC during the bank’s 79th board meeting held on August 28, said a press release...
Two brothers died from electrocution in Matlab Uttar Upazila of Chandpur district on Monday night, police said...
Planning and education adviser Wahiduddin Mahmud on Monday said that projects awaiting approval of the Executive Committee of the National Economic Council...
Global stock markets diverged on Wednesday after data showing US consumer price inflation eased last month raised the prospect of a September interest rate cut...
Two workers were electrocuted and five more injured while installing new poles for Palli Bidyut at Raipura upazila in Narsingdi on Tuesday...
A leak in the pipeline supplying liquefied natural gas at Anwara in Chattogram more than doubled load shedding on Wednesday compared with the day before...
A five member committee has been formed to investigate the deaths of five people from electrocution during Rath Yatra (a Hindu religious festival) in Seujgari Amtai intersection of Bogura district town on Sunday...
At least five Hindu devotees were killed and fifty more were injured in electrocution while they were participating in a Ratha Yatra procession in Bogura district on...
MA Khan Belal has been elected executive committee chairman of Mercantile Bank PLC’s board of directors during the bank’s 443rd board meeting held on June 30, said a press release...
A woman died after being electrocuted in Lalmonirhat’s Aditmari upazila on Thursday.