- Zelensky 'not ready' to sign minerals deal with US: source
- BNP’s goal is to establish government of the people: Mintoo
- Hamas hands over 6 hostages to Red Cross
- England makes highest team total as Duckett hits 151 in Champions Trophy
- EC suspends six employees over NID fraud
- CEC wants to hold elections like the Eid festival
- None can survive by means of corruption: Shafiqur Rahman
- AP sues three Trump administration officials
- Environmental protection will shape our future: Rizwana
- Israeli forces kill two Palestinian teenagers
- Disney’s 'Snow White' live-action remake drops motion poster
- Vietnam govt approves $8.36B railway project to China
- Creatinine levels: the silent indicator of kidney health
- No load shedding during Ramadan, summer, says energy advisor
- Robbery and molestation in bus: 3 arrested in Tangail
- Fakhrul urges democratic forces to build livable Bangladesh
- 'History will not forgive' failure to seal pandemic deal: WHO
- 85 Bangladeshis among 598 immigrants detained in Myanmar
- Hamas to free 6 Israeli hostages as Israel releases 600 Palestinians
- Apple disables encryption feature for UK users
The politics of ‘Radha Chakra’ and its terrible consequences!
Lets start with a story of a helpless businessman. He is 73 and has been engaged in business for 50 years. He used to run a big garments factory in Narayanganj. However, in the period of Covid-19, he suffered a loss of Tk 35 crore, which was followed by a series of crises. At first he was engaged...
Crisis deepens as debt discipline remains absent
Bangladesh is grappling with a mounting financial crisis, marked by escalating government debt and surging defaulted loans. The governments total debt now stands at an alarming Tk 20.49 trillion, with domestic debt comprising Tk 10.20 trillion and foreign debt totaling Tk 10.13 trillion, equivalent...
US to hit new debt limit as soon as Jan 14: Yellen
Extraordinary measures will be needed to keep the US from defaulting on its obligations if the nations debt ceiling isnt raised or suspended by mid-January, Treasury Secretary Janet Yellen warned Congress on Friday. Yellen, in a letter to House and Senate leaders, noted that the nations debt...
Govt faces challenges in settling huge debts to Adani
Adani Power has escalated its efforts to recover dues from Bangladesh, with the companys Chairman Gautam Adani threatening to cut off the power supply unless payments were made. The warning was issued in a letter to the chief advisor of the interim government Prof Muhammad Yunus. The interim...
Heavy burden of foreign debt
Bangladesh is grappling with a mounting foreign debt burden, which has surged by 282% over the 14 years of the Sheikh Hasina government. When the Awami League assumed power following the December 2008 elections, the countrys foreign debt stood at $26.572 billion by the end of 2010. By the close...
Sri Lanka eases monetary policy, sets new single benchmark rate
Sri Lankas central bank set a new single policy rate of 8 per cent on Wednesday, easing monetary settings below previously used benchmarks, in an effort to shore up the island nations fragile recovery from a deep financial crisis. The Central Bank of Sri Lanka (CBSL) said late on Tuesday that it...