The Daily Star

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Saturday, November 29, 2014


News of: Sunday, 9th of September, 2012

Front Page

Scam dug out at Krishi Bank

The state-run Bangladesh Krishi Bank has suspended its Kushtia branch manager after recent investigations found irregularities over Tk 174-crore worth of letters of credit (LC) opened for five companies.

Bribery alleged at public banks

Some politically appointed directors in state-owned banks in collusion with management officials demand bribes to clear outstanding commissions for loan recovery agents, leading banking expert Khondkar Ibrahim Khaled complained yesterday.

PDB fails to repair it in two years

The Power Development Board (PDB) is failing to repair a major gas- fired power plant in Ghorashal that went out of order in July 2010, as it picked a trading company for the work instead of the plant's original manufacturer through a restricted tender two months ago.

Sylhet region rice raises new hope

In a major headway in rice research, field tests of some new varieties of the food grain with 20 percent higher yield are going to be conducted in the country.

Bangladesh must rely on WB

Bangladesh must rely on loans of the World Bank to build the proposed Padma bridge as the idea of constructing the South Asia's biggest infrastructure with domestic resources seems unworkable, The Economist said in a report published yesterday.

15 killed in 2 road crashes

Fifteen people were killed in two different road accidents in Rajshahi and Faridpur yesterday.

PM flays Buet agitators

Prime Minister Sheikh Hasina yesterday severely condemned a section of Buet teachers and students over their “perverted” protest and warned them not to repeat such incidents on the campus.

Classes may resume today

Classes at Buet are likely to resume today as the agitating teachers and students hinted they might go back to classes trusting the assurances of the education minister of removing the pro-VC and withdrawing cases against the agitators.

Tortured for dowry, girl dies in city

A 16-year old girl who was allegedly tortured over dowry, died at a hospital in the capital's Khilgaon on Friday night.

Akbar Ali proposes lottery formula

Former caretaker government adviser and prominent economist Dr Akbar Ali Khan yesterday proposed a lottery system to pick the head of the non-partisan government during polls time to oversee the next general election.

Saarc summit uncertain

The 18th Saarc summit scheduled for Kathmandu in May next year has become uncertain due to political turmoil in Nepal and the Maldives.

2 killed in Rab 'crossfire'

Two alleged gang members of notorious Mortuza Bahini were killed in a “shootout” with the members of Rapid Action Battalion (Rab) at Sharankhola range of the East Sundarbans in Bagerhat yesterday.

House help killed him for money

A male servant had killed businessman Fazlul Haque at his Gulshan house on July 29, detectives claimed yesterday.

Cop closed for murder link

Assistant Sub-Inspector Masudur Rahman, in-charge of Gorpara police outpost under Sharsha Police Station, was closed to Jessore police lines yesterday after the Rapid Action Battalion found his involvement in the killing of a journalist.

Close watch on scamsters

The home ministry has directed the law enforcement and immigration authorities to stay alert so that Tanvir Mahmud, managing director of Hall-Mark Group, and his wife Jasmine Islam, its chairperson, cannot leave the country.

Muhith, quit

Once again urging the finance minister to resign, BNP acting secretary general Mirza Fakhrul Islam Alamgir yesterday said it was the moral responsibility of the prime minister to quit power over corruption allegations.

Rail holds the key

Multi-lane commuter train service around the capital and metro are vital to resolving the perennial traffic chaos in the city, the director general of Bangladesh Railway said yesterday.

Grandmother gives birth to grandchild

It is perhaps one of the greatest gifts a mother could give.

China quake toll hits 89

Rescuers in southwestern China yesterday tried to reach remote communities rocked by back-to-back earthquakes that killed at least 89 people and damaged many thousands of buildings, state media reported said.

Pakistan frees all Indian fishermen

Pakistan yesterday released all Indian fishermen in its jails as a goodwill gesture for External Affairs Minister SM Krishna's visit here.

Editorial

Biman flight suspension on five routes

Bangladesh Biman has been ailing for as long as anyone can remember. It has more often than not failed to maintain its flight schedule; it has broken down on the way; and tales of corruption and malfeasance among those whose job is to keep it going have been public knowledge over the years. The fact that many people, including very large numbers of Bangladeshis, prefer foreign airlines to the national carrier when they travel abroad has been a recurrent embarrassment for Biman. Add to that the conditions of many of the aircraft in Biman's fleet. It certainly goes to the credit of Biman pilots that they have so far managed to fly these aircraft without any serious accident happening.

Abysmal condition of bailey bridges

A photograph carried in the front page of yesterday's issue of The Daily Star shows that a bailey bridge at Pekua Upazila in Cox's Bazar broke down with a stone-laden truck precariously hanging down by the side. Quite an unnerving scene indeed! It worries us to think what would have happened if there were a passenger carrier instead of a truck!

Sports

Kamal wants BCB polls on time

The Bangladesh Cricket Board (BCB) president AHM Mustafa Kamal said yesterday that he would prefer to see the board elections taking place on time.

Siddikur's late surge

Siddikur Rahman finished joint third in the Worldwide Holdings Selangor Masters which concluded in the Shah Alam province of Malaysia yesterday. After making the halfway cut right on the number, Bangladesh's first winner on the Asian Tour capped a memorable comeback with two successive 66s to finish joint third.

Super over Pakistan's

Pakistan won the second Twenty20 against Australia in a thrilling Super Over finish at the Dubai Stadium here on Friday, taking a winning 2-0 lead in the three-match series.

Tigers notch second win

Mushfiqur Rahim's men continued their winning spree as they cruised to an eight-wicket victory over Afghanistan in their second match of the Trinidad Quadrangular T20 competition at the Queen's Park Oval, Port of Spain on Friday night.

Women play decider today

The Bangladesh women's cricket team take on their South African counterparts today in the series-deciding third and final one-day international.

Serena-Victoria finale

Three-time champion Serena Williams cruised into her sixth US Open final on Friday with a 6-1, 6-2 mauling of Italian Sara Errani and will tackle world number one Victoria Azarenka in the final.

China keep volley gold

China beat the United States 3-1 to take the London 2012 women's sitting volleyball gold medal -- then jokingly threatened to beat up their assistant coach for pushing them so hard.

Kala Ghafoor no more

Legendary footballer Abdul 'Kala' Ghafoor Majna, who was a superstar of the Dhaka football scene in the 1960s, passed away on Friday at the age of 71 in Karachi after a long battle with paralysis. The iconic footballer, dubbed the Pele of Pakistan, is survived by his wife, two sons and three daughters.

London says goodbye to summer of sports today

London 2012 organisers on Saturday promised an emotional celebration to bid farewell to the Olympics and Paralympics, as the curtain falls on a summer of elite sport in the British capital.

SA restrict England

South Africa restricted World Twenty20 champions England to just 118 for seven in the first Twenty20 international here on Saturday.

Women, men win

Bangladesh men's and women's teams both won their respective matches of the 10th round of the 40th World Chess Olympiad in Istanbul, Turkey on Friday.

PCB demands visa for fans

Pakistan's cricket chief on Friday urged the visiting Indian Foreign Minister SM Krishna to ensure fans would get visas so they can see the first series between the two countries in five years.

Rankings bemuse Bailey

Australia captain George Bailey was left scratching his head as to how his side was now ranked below Ireland in the Twenty20 rankings after their super over defeat in the second Twenty20 international against Pakistan on Friday.

Kevin struck off the rolls

There was no place for Kevin Pietersen among the 10 England players awarded central contracts on Friday by the England and Wales Cricket Board for the 2013 season.

Big guns win sans Italy

England, Germany, France and the Netherlands all started the long road to the 2014 World Cup finals in Brazil with victories but Italy stumbled out of the blocks when the European qualifying campaign began on Friday.

Jamaica stun USA

Jamaica surprised the United States 2-1 to seize the Group A lead on Friday as Mexico moved closer to the final round of 2014 World Cup qualifying in North and Central America and the Caribbean (CONCACAF) region.

Argentina end 39 year wait

Lionel Messi's Argentina brushed aside Paraguay 3-1 to go top of the South American 2014 World Cup qualifiers at the Mario Kempes stadium on Friday.

World champs cruise

David Villa made a scoring return for Spain and Fernando Torres won his 100th cap as the world and European champions cruised to a 5-0 friendly win over Saudi Arabia in Pontevedra on Friday.

Hulk, the difference

Substitute Hulk scored 15 from time to give Brazil a 1-0 win over South Africa in a friendly match at Estadio do Morumbi Friday.

Jones suffers knee injury

Manchester United defender Phil Jones could be out of action for up to eight weeks with a knee injury, the English Premier League giants said Saturday.

Nice coach breaks his nose

The coach of Ligue 1 club Nice, Claude Puel, suffered a broken nose on Friday after going up to challenge for a high ball in training with one of his players.

Piatti breaks his arm

Valencia's attacking midfielder Pablo Piatti will be out of action for eight to 10 weeks after breaking his right arm in training, the Spanish soccer club said on Friday.

Business

Banks' surplus capital at adequate levels

The surplus capital in banks stands at Tk 4,218 crore, setting them at good stead for the Basel III preparations starting next year.

Experts call for policy coherence for trade growth

Ministers, bureaucrats and experts yesterday called for coordination among all government agencies over trade policies for the sake of economic growth.

Garment makers urge Muhith to ease bill purchase conditions

Garment makers urged Finance Minister AMA Muhith on Friday to ease conditions for inland bill purchase (IBP) at a time when the country's largest state bank, Sonali Bank, is tainted with a loan scam.

No Ticfa until difference of opinion ends: Quayes

Bangladesh will not sign the proposed Trade and Investment Cooperation Framework Agreement (Ticfa) with the USA if any difference of opinion remains between the two countries, Foreign Secretary Mijarul Quayes said yesterday.

Intel jolts sector with lowered outlook

Intel Corp stunned the tech sector Friday by sharply cutting its revenue outlook for the current quarter, citing weak demand for personal computers.

Citi Financial IT Case competition starts

The Citi Financial IT Case Competition (CFICC) was launched yesterday with the hope to find unique information system solutions to enhance Bangladesh's financial sector.

Sylhet gas station owners threaten strike

Owners of CNG filling stations in Sylhet yesterday demanded an immediate arrest of the Bangladesh Chhatra League (BCL) group that vandalised a gas station on Wednesday.

GP, Prothom Alo launch internet festival

This year's Grameen-phone-Prothom Alo Internet Utshab was launched yesterday with an aim to educate more than five lakh school and college students about the internet.

Chittagong C&F agents go on strike today

Clearing and forwarding agents at Chittagong port yesterday called indefinite work abstention from today, making allegations against the customs authorities of charging excessive fines.

Repeal changes to ordinance, say friends of Grameen Bank

Friends of Grameen Bank yesterday staged a sit-in at the Chittagong Central Shaheed Minar to urge the government not to amend the Grameen Bank Ordinance.

NBR to honour 360 taxpayers

The National Board of Revenue (NBR) will recognise 360 taxpayers to encourage people pay taxes regularly.

Indian markets stuck in a rut

It's now been close to four years since domestic and global financial markets have been in a state of flux, plagued by uncertainty, as a slowdown ensures that government after government revises its growth forecast downwards.

India generics giant wins cancer drug patent case

Indian generics giant Cipla says it has scored a "landmark" court win in a patent challenge launched by Switzerland's Roche Holding over the Mumbai firm's version of a lung-cancer drug.

Emirates discounts airfare

Emirates has offered a 10 percent discount for economy and business travellers from Dhaka to all online destinations of its worldwide network, except Jeddah and Madinah, the airline said in a statement yesterday.

Stocks slip back into red amid market pessimism

Stocks returned to the red last week, breaking a three-week gaining streak, as many investors sold shares to profit as some observed the market carefully.

Metropolitan

Breastfeeding, complementary feeding both are must

Exclusive breastfeeding for the first six months of life and nutritious complementary feeding must be ensured to rehabilitate around half of Bangladesh's under-five children who are malnourished, said doctors and public health experts yesterday.

Ctg Wasa, RHD at loggerheads

In the face of opposition from the Roads and Highways Department (RHD), Chittagong Wasa has failed to start installing pipelines for Karnaphuli Water Supply Project in a 21-kilometre stretch of Kaptai road.

New study suggests finance through local govt

A new study has suggested channeling climate adaptation finance to the local government institutions for helping vulnerable communities more effectively.

Repeated amendments to constitution is abusive

Terming the constitution the nation's biggest achievement after independence, eminent jurist Dr Kamal Hossain yesterday said people should be made aware of its integrity and dignity and be ready to sacrifice life to protect it.

Annisul Huq's panel wants direct voting

Ganatantrik Parishad, a panel in the upcoming FBCCI election, yesterday demanded restoration of direct voting system.

Suranjit for Supreme Judicial Council to end JS-judiciary row

Minister without portfolio Suranjit Sengupta yesterday demanded formation of the Supreme Judicial Council to resolve the existing row between the judiciary and the parliament over a ruling of the Speaker, which was subsequently overturned by a High Court verdict.

BCL men beat up CU journo

Some 20 self proclaimed pro-Awami League Bangladesh Chhatra League (BCL) activists beat up a journalist inside a classroom of communication and journalism department yesterday.

Charge-sheet against 33 BCL, Jubo League men filed

Police yesterday filed a charge-sheet accusing 33 activists of Bangladesh Chhatra League (BCL) and Jubo League, pro-Awami League organisations, for attacking residents of Chhalia village in Sylhet sadar upazila on May 14.

AL leader held for beating education officer in Rajshahi

Bagmara upazila unit president of ruling Awami League Motiur Rahman and his associates beat up an upazila education officer in Rajshahi on Friday.

Permanent repairs to begin in Nov

Communications Minister Obaidul Quader yesterday said permanent repairs to the Meghna and Meghna-Gumti bridges will begin in November this year.

Price hike of JU admission forms protested

Students under the banner of “Sadharan Chhatra Sangram Parisad” of Jahangirnagar University yesterday brought out a procession on the campus protesting price hike of admission forms for the first year honours programmes in 2012-13 academic session.

BCL men foil DU students' human chain

Pro-Awami League Bangladesh Chhatra League (BCL) activists of Dhaka University unit yesterday foiled a human chain of DU students demanding reduction of the quota ratio in Bangladesh Civil Service and other government job recruitment exams.

10 Shibir activists arrested

Police arrested 10 activists of Islami Chhatra Shibir, a pro-Jamaat student organisation, yesterday after a clash with the law enforcers in Nayasarak area of Sylhet city.

Man held for BCL leader's murder

Rapid Action Battalion (Rab)-7 produced a man, at a press conference yesterday, allegedly involved in murdering a leader of Bangladesh Chhatra League (BCL), a pro-Awami League student organisation, on August 11.

Seven killed in road crashes

Seven people, including a garment worker, were killed and two others injured in separate road accidents in Dhaka, Feni, Madaripur and Netrakona yesterday.

Schoolteacher held for molesting class III student

A schoolteacher allegedly molested a class III boy student during private tuition at the student's residence at Uttar Kafrul in the capital yesterday evening.

Oct 22 as National Road Safety Day demanded

Nirapad Sarak Chai (NISCHA) yesterday urged the prime minister to declare October 22 as the National Road Safety Day.

2 killed in clash in Sylhet

Two people were killed and 50 others injured in a clash between two rival groups at Paschimgaon village in Bishwanath upazila of Sylhet yesterday.

School headmaster sent to jail for attempted rape

A special court in Moulvibazar on Thursday sent the headmaster of a high school to jail for attempting to rape a woman.

Man run over by train

A man was fatally run over by a train in Kagojpukur railway crossing area under Benapole Port Police Station in Jessore yesterday.

Golden jubilee of Ispahani Public College on Sept 29

The golden jubilee celebration programme of Ispahani Public School and College, Comilla will be held on the college premises at Comilla cantonment on September 29.

Death anniversary

The 40th death anniversary of AKM Fazlul Kabir Chowdhury will be observed at Gohira of Raozan upazila in Chittagong today.

National

Diligence, handiwork pay

Otherwise an ordinary homemaker, Ismat Ara of Jorapukuria village under Harinakundo upazila in Jhenidah is now a well-known name in the area.

No fire stations in about half of 58 upazilas

Properties worth crores of taka are gutted every year as there is no fire service and civil defence station in about half of the upazilas in eight northern districts under Rangpur division.

Teachers lock classrooms, take out processions

Teachers and employees of non-government high school in Barisal division yesterday started a week long strike to press home their 17-point demand including nationalisation of job.

Record revenue collection by Mongla customs house

Mongla Customs House has collected a record amount of revenue in the last financial year.

Gamblers stab 4 teenage boys

Gamblers stabbed four teenage boys at Sadhupara village in Sadar upazila on Friday evening.

5 Hizb-ut Tawhid men held, jihadi books, leaflets seized

Chandpur Model Police yesterday arrested five members of banned Islamist outfit Hizb-ut Tawhid and seized jihadi (Islamic uprising) books, leaflets, and CDs from their possession at Koralia road in the district town.

Four kids drown

Four children drowned in Pabna and Khulna districts yesterday and the day before

Housewife set afire for dowry, 5 arrested

A housewife was set afire allegedly by her mother-in-law for dowry at Loshkarpur village in Sadar upazila yesterday noon.

Gaibandha panel mayor feared drowned

Matiur Rahman Liton, ward councillor and panel mayor of Gaibandha municipality, went missing as he fell into the Jamuna River from a country boat on Friday evening.

Lightning kills 3

Three people were killed and another was injured by lightning in Provatkarbaripara area of Dighinala upazila on Friday night. The deceased were identified as Kala Mia Chakma, 30, Shontu Bikash Chakma, 35 and Gita Rani Chakma, 40, of the area. Meanwhile, the injured, Prokash Jyoti Chakma, was admitted to Khagrachhari Adhunik Sadar Hospital. Mohammad Israfil Majumder, officer in-charge at Dighinala police station, said the victims were struck by lighting at around 7:30pm when they were gossiping in the area. They were rushed to the upazila health complex where the doctors declared the trio dead, said the OC.

College girl found dead

Police recovered the body of a college girl at her residence in east Katpatti area of Jhalakathi district town yesterday. The victim, Ishita Akter, 17, daughter of Rafiqul Islam of the area, was a second year student at Jhalakathi Govt. Women's College. Family members said they found Ishita's body hanging from the ceiling fan of her room in the morning and informed police.

17 injured in wall collapse

At least 17 students and teachers were injured as a wall of Kadambari Union College in Rajoir upazila collapsed on them during a storm yesterday afternoon. Of the injured, 14 were identified as students and the rest teachers. College sources said the storm lashed the area at about 2:00pm when the first year examination was in progress. Suddenly, the side wall of the institution fell on the victims, leaving them seriously injured. They were rushed to Gopalganj Sadar Hospital.

Man held for killing woman

Police yesterday arrested a youth in connection with killing of a woman by some criminals during their attempt to abduct her daughter in Komolnagar upazila Friday. Acting on secret information, police arrested Mansur, son of Shah Alam, from Motirhat area of the upazila at about 7 am. Shahinur Akhter, 45, was stabbed to death and her husband injured in an attack by some criminals when they resisted a bid to abduct their daughter Munni Akhter at Char Kalkini village in the upazila early Friday.

International

It's time for greater understanding

Pakistan President Asif Ali Zardari said the time has come for India and Pakistan to show greater understanding of each other's concerns and sensitivities and to “move beyond reiteration of their positions to more substantive results” in the peace process.

India, Pak ink liberal visa deal

India and Pakistan yesterday signed the much-awaited liberalised visa agreement, introducing for the first time group tourist and pilgrim visas, separate visa for businessmen and visa on arrival for those over 65 years of age.

EU agrees to beef up Syria sanctions

EU foreign ministers agreed on the need to beef up sanctions against Syrian President Bashar al-Assad's regime at talks in Cyprus yesterday, said Cypriot Foreign Minister Erato Kozakou-Marcoullis.

APEC summit begins

Asia-Pacific leaders yesterday called for unity in tackling a raft of economic challenges, as an annual summit began amid deep divisions over worsening territorial disputes and other rows.

US campaign opens amid jobs data row

US President Barack Obama and challenger Mitt Romney have hit the campaign trial on Friday in swing states in the wake of a disappointing jobs report.

Social media posses risk

Indian Premier Manmohan Singh yesterday warned over the use of social media to inflame ethnic tensions after online threats and text messages sparked a mass exodus of migrants from southern cities.

Hong Kong scraps China's plan

Hong Kong's government yesterday backed down on a plan to force school children to take Chinese patriotism classes, after weeks of protests and on the eve of crucial legislative polls.

Canada breaks off relations with Iran

Canada has closed its Tehran embassy and ordered Iranian diplomats expelled yesterday as The EU threatened to expand sanctions on the already sanction-burdened Islamic Republic.

Sudan clashes kill dozens

Sudan's army and rebels said on Friday that they have clashed on two fronts, reportedly leaving dozens of people dead.

Pranab's son to contest by-poll

A section of West Bengal state's ruling Congress party favour Abhijit Mukherjee, son of Indian President Pranab Mukherjee, to contest a by-poll to Jangipur Lok Sabha seat in Murshidabad district.

Blast kills six in Kabul

A 14-year-old suicide bomber detonated explosives near the heavily barricaded Nato headquarters in Kabul on Saturday, killing six civilians including children, Nato and local officials said.

32 'criminals' killed in Sinai

Egypt's armed forces have killed 32 "criminal elements" in an ongoing operation against Islamists in the lawless Sinai peninsula, a military spokesman said yesterday.

McCartney honoured in France

Ex-Beatle Paul McCartney yesterday received the French Legion of Honour award at the Elysee presidential palace in Paris, the president's office said.

Arts & Entertainment

Aspects of the Liberation War

A daylong photo exhibition was held at the Mymensingh Cantonment on September 6.

Painting and essay competitions held

To mark International Literacy Day, painting and essay competitions were held at Thakurgaon Zila Parishad auditorium on September 7.

The Khan who epitomises being different

Once upon a time there came this boy next door who captivated the movie audience with his innocent look and naïve romantic performance in “Qayamat Se Qayamat Tak”, the evergreen super hit Bollywood film. Over time, this boy spent more than two decades in the Indian film industry and won zillion hearts, not only with his performances but also through his passion for film making, selection of scripts, innovative marketing techniques and his fresh and out of the box thinking.

Beauty and glamour come together

The glitzy grand finale of 'Lux Channel i Superstar 2012' was held at the Bangabandhu International Convention Centre on September 7. Jointly organised by Unilever, Bangladesh's brand Lux and Channel i, the highlight of the event was the announcement of the 'Superstar' of 2012. The programme also featured performances by the finalists as well as popular singers and models.

Royals to attend James Bond Skyfall world premiere

British royal couple Prince Charles and his wife, Camilla, will attend the world premiere of the newest James Bond film, "Skyfall," at the Royal Albert Hall in London on October 23, producers said on Friday.

Pragoitihashik: Love, rage and other instincts

One of the leading lights of modern Bengali fiction Manik Bandopadhyay carefully sketches the primitive instincts of human being in his short story “Pragoitihashik”. Such core instincts are articulated through a group of people belonging to marginalised communities.

DS Café

Popular actor and model Apurbo is the featured celebrity of this month at DS Café. He will be on the hot seat and take your calls at The Daily Star Centre today (September 9), between 5 and 6pm. Readers, fire away all your questions at him! The best question will be highlighted in the transcription. Call 8126155, 01711623915 and 01711623917 to speak to Apurbo.

OP-ED

A question of governance

When the Awami League contested the national elections, under the last caretaker government, it had pledged two very important things. One was to change the way the country was governed. It called this Din Bodol. The change would be for the better. The other was to present a vision of a modern Bangladesh, which would be implemented in stages.

Has 'Europe' failed?

Recently, European leaders met in Berlin amid new signs of an impending recession and an emerging consensus that Greece could leave the eurozone within a year -- a move that would have dire consequences for the currency's future. There are many reasons behind the crisis, from corruption and collective irresponsibility in Greece to European institutional rigidities and the flawed concept of a monetary union without a fiscal union.

Hall-Mark fraud: Lessons for the banking system

Many wonder if, but not all agree that the failure of Sonali Bank, Ruposhi Bangla Branch to prevent the fraudulent misappropriation of Tk.3,607 crores by Hallmark Group (Tk.2,668 crores) and others is the biggest scandal in the banking industry. In recent times, several such frauds -- (a) misappropriation of Tk.622 coroes by one Nurunnabi in Chittagong in 2007 through a false local letter of credit, (b) embezzlement of Tk.596 crores withdrawn without cheque from Oriental Bank in 2006 (alleged Hawa Bhaban connection), and (c) transfer of Tk.300 crores by forgery from five banks by one Om Prokash in 2002 -- were not as heinous as bank defrauding. Perhaps more damaging has been the transfer in their personal accounts of more than Tk.4,500 crores by the powers that be from the mother account of the infamous Destiny Group before the eyes of the banking authorities several months into the first sighting of the alleged fraudulent and illegal deposit taking from the members of the public.

Eidonomics: Linkages and leakages from consumption

During the days leading to Eid, news on both electronic and print media had been replete with stories of people shopping, going home, going on vacation, etc. The messages conveyed through them have focused on issues like high prices of goods, difficulty in getting tickets for travel, crowded trains, buses and launches, bad state of roads, traffic jam, etc. But there is one message running through all of them, though not mentioned explicitly, viz., the role of domestic market in the economy of Bangladesh.

'Eat, pray and love'

As one gets older, one is bombarded with advice from friends, doctors and health freaks on how to prolong one's life and live "healthy." The discussions usually focus on long lists of "things to do and not to do." The common presumption is that everyone wants to live to be ninety and that, too, a productive ninety!

This Day In History

September 9
1493

Battle of Krbava field, a decisive defeat of Croats in Croatian struggle against the invasion by the Ottoman Empire.



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