Author Archives: News Net

Bangladesh Centre at Visva Bharati Coming Soon

Strengthening the cultural connect with neighbouring Bangladesh, the Visva Bharati University at Santiniketan in West Bengal is in talks to set up an exclusive centre at the campus, an official said Thursday. After centres were established by the governments of Japan and China at the campus, the varsity officials are chalking out plans for a

Export Earnings Mark 12pc Growth in Fiscal Year 2013-2014

Despite the failure to meet export earning target set for the fiscal 2013-2014, the country managed to fetch a record amount of foreign exchange worth $30,176 million, which is around 12 percent more than that of the previous fiscal. The export earning in the just-ended fiscal experienced a shortfall of target by 1.06 percent though

New Spying Row Hurts US Relationship With Germany

Fresh spying accusations are undermining US efforts to mend fences with Germany, only two weeks after both allies launched a diplomatic initiative to overcome the NSA surveillance row. The White House on Wednesday stayed mum on the alleged espionage, as German lawmakers vented their anger during a visit to Washington and criticized perceived indifference on

Dhaka South City Corporation Announced Proposed Budget

Dhaka South City Corporation (DSCC) on Thursday announced a proposed budget of Tk 1,565.75 crore for fiscal 2014-15. At the same time, the DSCC approved amended budget of Tk 672.84 crore of fiscal 2013-14. In the budget for 2014-15, the DSCC fixed a target of Tk 1,464.33 crore revenue and other income, which was Tk

Neymar Cheers On Messi as Argentina, Germany Prepare

Crocked Brazilian star Neymar declared on Thursday he wants Lionel Messi to lead fierce rivals Argentina to victory over Germany as the countdown to the FIFA World Cup Final™ began. Neymar, who missed Brazil’s 7-1 humiliation against Germany through injury, told a press conference he wanted Messi and Argentina to win the title. “Messi’s history

Sonali Bank Cuts Interest Rate

Considering the demand of the country’s entrepreneurs and investors, the state-owned Sonali Bank Limited has reduced interest rate against loans and advances for some specific sectors. The sectors are capital loan, project loan, SME loan, general loan and commercial loan. The bank has reduced interest rate by 1 percent from its existing rate of interest

Germany Beat Algeria To Set Up Quarterfinal Clash vs France

Three-time champion Germany, which has now advanced past the second round at nine consecutive World Cups, will next face 1998 winner France on Friday at the Maracana Stadium in Rio de Janeiro. With the temperature a chilly 14 degrees Celsius (57 degrees Fahrenheit) and a light rain falling at times, the pace was high at

Balanced Diet Can Prevent Hearing Loss

“People with healthy diets who eat adequate fruit and vegetables, have better hearing thresholds than people with a poor diet, according to large population databases,” Colleen Le Prell, professor at Florida University, was quoted as saying. Studies on animals have shown that dietary supplements such as vitamins A, C, E and magnesium can prevent hearing

New Budget – Doubling Tax Rate on High Earners.

Finance Minister AMA Muhith has proposed 30pc tax on high earners in his new budget for 2014-15 fiscal year. As per the proposal, presented in Parliament on Thursday, the tax rate would go up for those with annual income over Tk 4.42 million from the existing 15 percent to 30 percent. The budget proposal said

Rich Nations Should keep Climate Promise: PM

Developed nations should keep their promises to control the adverse affects of climate change, said Prime Minister Sheikh Hasina. “Bangladesh has no hand in global warming or climate shift. But it is us who suffered dangerously because of this,” she said. The prime minister was addressing the event to inaugurate an environment campaign at Bangabandhu