Expressing concern over the growing trend of bank loan defaults, experts at a major banking conference yesterday urged the government to appoint more judges to the Money Loan Court, a special court dealing with loan defaults, to make it more effective, reports UNB. "It takes huge time to settle…

A sudden burst of rains in the afternoon disrupted the city life yesterday, catching many unprepared and streets waterlogged, and affecting the commuters, students and shoppers. It provided a bonanza for the rickshaw peddlers and auto-rickshaw drivers to charge extra fares from the people returning…

Robbers looted gold ornaments and cash money from a jewellery shop at Jinjira here yesterday night, reports UNB. Sub-inspector of Keraniganj Model Police Station Shahadat Hossain said a gang of hoodlums swooped on ‘Gobinda Jewellers’ at Kalachand Market of Jinjira around 8:30 pm. The bandits…

The second-in-command of Jamaatul Mujahideen Bangladesh (JMB) chief Bangla Bhai and a most wanted militant, Mahtab Khamaru, was arrested by police from Bagmara upazila in Rajshahi yesterday morning. Selim Hossain, officer-in-charge of Bagmara police station, said a close associate of the JMB surpemo…

A proposal has been made to raise Tk. 43,000 crore from the capital market to generate 15,000MW of power within seven years. The president of the ICMAB (Institute of Cost and Management Accountants of Bangladesh) presented the proposal to the state minister for power, energy and mineral resources, Nasrul…