Although the prices of some daily commodities have decreased, middle- and low-income families are still struggling to make ends meet due to the recent hike in prices of essential grocery items such as eggs, chicken, onions, and potatoes.
Despite an upward trend in the overall catch, year-on-year growth rate of hilsa production has been declining in recent years. The reasons include illegal netting of brood and jatka hilsa, widespread use of banned gillnet and the impact of climate change such as erratic rainfalls.
The drop in the price of rice and flour could not bring relief among low income people as the vegetable price is soaring.
With the consumers already feeling the pinch of the soaring prices of essentials, most of the spices are becoming pricier ahead of the Eid-ul-Azha.
The government is set to distribute 10 kilograms of rice to each of the 1.25 crore ultra-poor and destitute families ahead of Eid-ul-Azha to soften the blow of a spiralling inflation.
The government is set to form the National Pension Authority (NPA) to execute the Universal Pension Scheme formulated to provide pension services for the common people.
Although tax returns are a key document for investigating illegal wealth, the Income Tax Bill 2023 proposes making it impossible for Anti-Corruption Commission officials to access a suspect’s tax files without a court order.
The government’s high-ups have talked about their “firm stances” against graft to protect the country’s GDP on multiple occasions. However, there is little reflection of that stance in the latest budget disclosure as to how the government will curb corruption and money laundering.
Investigators have unearthed how the top brass of International Leasing and Financial Services Limited (ILFSL) helped Prashanta Kumar Halder, known as PK Halder, embezzle and launder about Tk 70 crore from the institution.
Typically, when a lender receives a loan application, the repayment capacity of the applicant is assessed before signing off on the loan. But for Reliance Finance, under the stewardship of Proshanta Kumar Halder aka PK Halder, that was an afterthought.
The recent reshuffle in the Anti-Corruption Commission would hamper investigation of many high-profile corruption cases, said officials who have been transferred.
The prices of rice rose by Tk 8-10 per kg over the last two weeks even though it is the harvesting season and there is ample supply of paddy.
A senior secretary embarked on a study tour in Europe just before retiring from his job.
The prices of fine rice have gone up in the capital’s wholesale and retail markets, aggravating the suffering of the people from middle-income families who are already struggling to meet their household expenses due to spiraling prices of essentials, including edible oil and lentil.
Alarm bells were raised when PK Halder and his associates laundered around Tk 174 crore from a financial institution in 2016 by setting up companies that existed only on paper.
Eight officers have been selected as best assistant commissioners (AC land) of the country for their performance in providing service to people.
Former chief justice SK Sinha, who is convicted in a corruption case, used his elder brother and a nephew to cover up his ill-gotten wealth.
Amid the struggle to cope with the record hike in edible oil prices, a fresh surge in prices of other daily essentials has dealt a further blow to those with low incomes.
