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The country is now a role model in increasing inequality: Anu Muhammad

Bangladesh is now a role model of increasing inequality, said Anu Muhammad, a prominent economist and professor of economics at Jahangirnagar University. He made the remark at a seminar titled ‘National Budget 2022-23: Expectations and Realities of All,’ organised by the Department of Economics, Jahangirnagar University (JU) on Sunday (June …

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Stocks continue falling again

Stock market index tumbled yesterday for the second consecutive day amid low participation of investors. The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), dropped 49 points, or 0.76 per cent, to 6,356. Turnover of the Dhaka bourse also dropped, hitting Tk 823 crore, down from the previous …

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Budget failed middle class

The proposed national budget has not safeguarded the country’s middle class, which is facing a three-pronged challenge of a discriminatory domestic economy, spiralling product prices in international markets and ongoing floods, said economist Debapriya Bhattacharya yesterday. “(The finance minister) hasn’t paid attention to the middle class (in the proposed budget). …

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Floods wash away Tk 140cr fish in Sylhet

The current flooding in Sylhet has caused losses of more than Tk 140 crore for the local aquaculture industry, with farmers in Sunamganj district being the worst affected, according to a preliminary estimate by the Department of Fisheries (DoF). Some 32,802 farmers, who were raising fish such as carps on …

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