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Nine banks face Tk 16,507cr capital shortfall

A file photo shows Agrani Bank headquarters in Dhaka. Nine scheduled banks, including Agrani Bank, faced capital shortfall of Tk 16,507.38 crore as of March 31 this year. — New Age photo Nine scheduled banks, burdened with huge amounts of defaulted loans, faced capital shortfall of Tk 16,507.38 crore as of March 31 this year Bangladesh […]

The severe cyclonic storm, Mora, over north Bay moved northwards and started crossing Cox’s Bazar-Chittagong coast near Kutubdia at 6:00am on Tuesday, a special bulletin of Bangladesh Meteorological Department said today. It is likely to move in a northerly direction further, it said. Under its influence, gusty or squally wind with rain or thunder showers […]

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How Did Savarkar, a Staunch Supporter of British Colonialism, Come to Be Known as ‘Veer’? By Pavan Kulkarni on 28/05/2017 Not only did Savarkar pledge his allegiance to the British in return for being released from prison, his propagation of Hindutva hurt the freedom movement by dividing society along sectarian lines. Prime Minister Narendra Modi […]

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The High Court has summoned a police officer to explain why a Jahangirnagar University student detained during demonstration was handcuffed while being treated in hospital. On Monday, Justice Salma Masud Chowdhury and Justice AKM Zahirul Hoque ordered Ashulia police OC Mohsinul Kadir to appear on May 31 and give an explanation. A bus ran over […]

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As Cyclone Mora moved slightly north and now centres within 500km of the Bangladesh coast, the meteorological department has advised ports in Chittagong and Cox’s Bazar to hoist danger signal No. 7. Mongla and Payra ports will have to follow danger signal No. 5, the Met office said in a special weather bulletin. Meteorological Department […]

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It has been planned by the government to borrow Tk 73,828 crore from banking and the non-banking sectors in the new fiscal year (2017-18). Tk 48,000 of the total amount will be come from the banking sector while Tk 25,828 crore from the non-banking sector. The government is going for the increased borrowing as it […]

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Chief Justice Surendra Kumar Sinha today said the consequence will be very serious if the law ministry officials try to dominate the Supreme Court. “A little learning is a dangerous thing,” the chief justice said out of frustration. “Those in the law ministry rank from assistant judges to senior district judge. If they feel that […]

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The reinstallation of the Lady Justice statue inside the Supreme Court premises has enraged radical group Hifazat-e Islam. The authorities by reinstalling the statue in front of the annex building has ‘toyed with the nation’s religious beliefs and sentiments’, said Shah Ahmad Shafi, who heads the Qawmi madrasa-based organisation. The statue of Lady Justice, a […]

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A file photo shows clients conducting banking activities at a bank branch in Dhaka. Bank clients with relatively small-sized savings are worried as the government is set to hike excise duty on deposits in banks and financial institutions by up to 100 per cent in the national budget for the next fiscal year of 2017-2018. […]

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Swedish director Ruben Ostlund celebrates with his trophy during a photocall on May 28, 2017 after he won the Palme d’Or for his film ‘The Square’ at the 70th edition of the Cannes Film Festival in Cannes, southern France. — AFP photo ‘The Square’, a Swedish movie about the curator of a museum filled with […]

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