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Nationwide blackout hits Bangladesh DHAKA: A nationwide power blackout hit Bangladesh on Saturday after a transmission line failed, the government said.Engineers "are working to fix the outage" which hit all areas linked to the national electricity grid, Masud Alberuni, a senior power ministry official, told AFP."The national grid tripped" close to mid-day, Alberuni said."As a result, all the power generating stations automatically shut down," he said.Saturday is a weekend day in Bangladesh so the impact on industry was not as severe as if the blackout had occurred on a weekday.But homes and shops were without electricity to power appliances.Dhaka international airport was running on generator fuel, the power ministry official said.Alberuni did not identify the transmission line which had suffered the problem.But Bangladeshi media reported that it involved a transmission line transporting electricity from India to its northeastern neighbour.Bangladesh began importing power from India late last year through a transmission line stretching from India's ...

There were warning signs ahead of Sri Lanka mudslide: survivors KOSLANDA: Sniffer dogs were deployed Friday to search for mudslide victims in Sri Lanka as survivors said they had seen warning signs of the disaster, such as cracks in the ground and livestock fleeing.An estimated 100 people are still listed as missing, according to the national Disaster Management Centre (DMC), two days after dozens of tin-roofed homes were buried under tonnes of mud at the Meeriyabedda tea estate, 200 kilometres (125 miles) east of the ...
Iran parliament rejects Rouhani's third nominee for universities minister DUBAI: Iran's conservative-dominated parliament rejected President Hassan Rouhani's third nominee to lead the coveted Ministry of Higher Education, underscoring the difficult task he faces in implementing his promised social and political reforms.The choice of Minister for Science, Research and Higher Education is sensitive because the ministry sets the ideological direction for universities, which have been a hotbed of pro-democracy protests and clashes with security forces.Parliament, where Islamists hold a majority, voted 160 to 79 with ...
Taliban storm Afghan court, kill seven: officials KUNDUZ: Taliban militants stormed a court in northern Afghanistan on Monday and killed at least seven people including prosecutors, officials said.Four attackers wearing army uniforms attacked a provincial appeals court in the city of Kunduz, triggering a four-hour gunbattle with Afghan security forces, provincial police spokesman Sayed Sarwar Hussaini told AFP."They first blew up an explosives-laden car at the gate of the court and then entered the building," he said."The attackers killed six court officials ...
Modi takes tea, but no questions, in first press event as PM NEW DELHI: Indian Prime Minister Narendra Modi took tea, but no questions, on Saturday at his first staged meeting with the Indian press since coming to power five months ago, underscoring the delicate relationship he has with the fourth estate.Modi said he wanted to strengthen ties with journalists and thanked them for reporting on a 'Clean India' campaign he launched recently by taking a broom to a rubbish-strewn street in New Delhi."The prime minister cannot ...
India court jails five for life for gang-rape NEW DELHI: An Indian court Monday jailed five men for life for gang-raping a call centre worker in a case that occurred two years before a fatal sex attack on a student sparked global outrage. The men abducted the 30-year-old woman at gunpoint in 2010 as she was walking home with a colleague after a late shift in southwest New Delhi, the Press Trust of India (PTI) news agency reported.They took turns raping the woman, ...
Death toll in India from cyclone Hudhud climbs to 41 BHUBANESWAR: The death toll from a cyclone that hit India's east coast last week has risen to 41, as authorities struggle to restore power, transport and communication links and shelter 150,000 people forced to abandon their homes.Cyclone Hudhud slammed into the coast of Andhra Pradesh and Odisha states, tearing down tens of thousands of mud-and-thatch homes, and flattening rice, banana and sugarcane plantations."Electricity has been restored in about 60 percent of the affected area. In ...

 



 
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Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln