India’s first billionaire investor Rakesh Jhunjhunwala, who started his investing career with 100 US dollars, died at a hospital in Mumbai on Sunday morning. He was 62.Jhunjhunwala was rushed to Mumbai’s Breach Candy Hospital around 7am (local time) af…
Saudi energy company Aramco said Sunday its profits jumped 90% in the second quarter compared to the same time last year, helping its half-year earnings reach nearly $88 billion. The increase is a boon for the kingdom and the crown prince’s spending po…
The government will start open market sale (OMS) of rice at Tk 15 per kg from September 1 for 4 crore people of 50 lakh families across the country, said Food Minister Sadhan Chandra Majumder on Sunday.”This programme will run simultaneously in distric…
Swiss Ambassador Nathalie Chuard’s statement that Dhaka didn’t ask for information about Bangladesh money deposited in Swiss banks put the country in an embarrassing situation, said the High Court on Sunday.A High Court bench of Justice Md Nazrul Islam…
Prime Minister Sheikh Hasina on Sunday said that she fully understands the sufferings of the people due to the recent price hike of fuel oil and electricity rationing. “We can realise the sufferings of the people,” she said while speaking at the meetin…
Bangladesh Financial Intelligence Unit (BFIU) on Sunday submitted a report to the High Court (HC) stating that the information regarding deposits of 67 Bangladeshis in various Swiss banks were sought from the authorities concerned of Switzerland.But th…
A seminar here on Sunday heard complaints that excessive tax and customs harassment of businesspeople are obstructing the growth of Bangladesh’s foreign trade and hurting businesses.The seminar, organized by Dhaka Chamber of Commerce and Industry (DCCI…
The commercial banks are reluctant to provide loans to small and medium enterprises (SMEs) although the sector is the backbone of the country’s economy, the experts said Sunday.”Commercial banks provide only 18 percent of their total disbursed loans to…
Around $34 billion, the funding shortfall for aid operations is the biggest it has ever been, the United Nations humanitarian agency (OCHA) said recently amid a time when global needs are at an all-time high, with a record 303 million people in crisis….
Bangladesh Bank (BB) has revised guidelines easing its policy and definition of cluster financing to grow specialized products in a specific area in the country.SME and Special Programmes Department of BB issued the new guidelines in a circular on Sund…
State Minister for Power, Energy and Mineral Resources Nasrul Hamid has urged all to be patient for a couple of months terming the current energy and gas crisis as temporary.“I can assure you, if and when the prices of petroleum and gas decline in the …
Experts have emphasised reining in corruption in the energy sector and exploring alternative energy sources to tackle a crisis that looms large.They called for promoting green energy and focusing more on electric vehicles to cut dependency on expensive…
The Bangladesh News Gazette is a leading news publication that works with the long-term responsibility of strengthening public opinion on how the democratic system should work and how to sustain and nurture democratic norms effectively. The publication has been privileged to be part of a change while upholding the duties of a free press.