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Met office forecasts rain until Tuesday

Dhaka, May 27 -- The Bangladesh Meteorological Department says the ongoing rain will persist until Tuesday and temperatures will start to rise slowly from Wednesday. Severe Cyclone Remal has weakened... Read More


Cyclone Remal: Power generation dips to one-fifth

Dhaka, May 27 -- Bangladesh's overall electricity generation dipped to 4,890 MW (megawatt), one-fifth of the country's overall electricity generation capacity of 26,354 MW, Monday afternoon due to sev... Read More


PM invites US businesses in Bangladesh

Dhaka, May 27 -- Prime Minister Sheikh Hasina on Monday extended an invitation to US business leaders to explore business opportunities in Bangladesh and partner with the country in its journey toward... Read More


Metro rail services resume after two hours

Dhaka, May 27 -- Adverse weather due to cyclonic storm Remal has caused a power outage that disrupted Dhaka metro rail service for two and a half hours. Afterwards, trains started running on a single ... Read More


Heavy rain causes water-logging, transport disruption

Dhaka, May 27 -- Heavy downpour triggered by Cyclone Remal caused immense suffering for the city-dwellers as transport services, including the metro rail, were seriously disrupted, besides water-loggi... Read More


ADP implementation at 3-year low in July-April

Dhaka, May 27 -- Government agencies have failed to implement even half of their planned development works in the first 10 months of the current fiscal year (FY) 2023-24, according to officials. This... Read More


Fitch again cuts BD's credit rating to 'B+'

Dhaka, May 27 -- After eight months since September last year, Fitch Ratings has again downgraded Bangladesh's long-term credit rating due mainly to a weakening of the country's external buffers. In ... Read More


Cyclone Remal kills 10, hits 3.8m people

Dhaka, May 27 -- At least 10 people were killed and 3.8 million affected in inundation by tidal surge as the cyclone Remal lashed at Bangladesh with rainstorm since Sunday night, sources said Monday. ... Read More


Musk's xAI raises $6b in fresh funding

Dhaka, May 27 -- Elon Musk's artificial intelligence startup xAI has raised $6 billion in a Series B funding round backed by investors including Andreessen Horowitz and Sequoia Capital among others, t... Read More


'Prof Yunus granted Tk 95m loan to a family firm'

Dhaka, May 27 -- The authorities of Grameen Bank have lodged a corruption allegation against its founder Noble Laureate Prof Dr Muhammad Yunus. They have submitted a complaint with the Anti-Corruptio... Read More