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House hunting in Ramadan by Lamudi

The month of Ramadan is one of the slowest months of the calendar year, especially for the real estate market. Not only do prices drop but the rate of purchase, sales and rent take a significant dip. Prices for apartments, houses, commercial properties go down slightly whether for rent or for sale. Similarly, activities related to sale and purchase of land also become dry. During this quiet month where one can find enticing prices however, investors and buyers don’t jump on the wagon just yet, people tend to wait for the post Eid-ul-fitr days. Lamudi...

‘Domestic justice system requires reform to address extrajudicial executions’

Cases of extrajudicial executions are being frequently reported from Pakistan, Bangladesh, and India, says the Asian Legal Resource Centre (ALRC) in an oral statement to the 29th Session of the UN Human Rights Council (UNHRC) on extrajudicial, summary, or arbitrary executions. ALRC wished to bring to the attention of UNHRC about the fact that over the past four months happened in South Asian countries. It said, in addition to drone attacks by the United States in Pakistan that have killed civilians there, the armed forces and police in these three countries circumvent due process and engage in extrajudicial, summary, and arbitrary executions with impunity.

Millions mark 1st International Yoga Day

Millions of yoga enthusiasts bent and twisted their bodies in complex postures across India and much of the world on Sunday to mark the first International Yoga Day. Indian Prime Minister Narendra Modi, who had lobbied the U.N. to declare June 21 as the global Yoga Day, spread his mat among rows of people, including his Cabinet members and foreign diplomats, at New Delhi’s main thoroughfare that has been transformed into one sprawling exercise ground, reports AP. yoga 2Tens of thousands of schoolchildren, bureaucrats, homemakers, soldiers and ...

Special trains for Eid

Bangladesh Railway will operate seven pairs of special trains for commuters on the occasion of Eid-ul-Fitr. Five pairs of train would run for three days preceding the Eid (July 15-17, depending on sighting of moon) and for seven days (July 20-26) after the Eid day. Besides, two pairs of Solakia special train would run on the day of Eid, Railways Minister Md Majibul Haque told at a press conference at Railbhaban in the city. train 22Of the trains, he said, two pairs will operate on Chittagong- Chandpur-Chittagong route, one pair will run on Dhaka-Dew...

BB asks banks to provide loans to marginal groups

Bangladesh Bank (BB) on Sunday asked all banks to provide loans to the marginal groups including low-income professionals and small businessmen and the people affected by various natural disasters. bbThe central bank said it had issued the circular after observing that some banks were reluctant to provide loans to the marginal group people despite BB’s directive to do so. BB earlier asked all banks to provide loans to the marginal group people, having Taka 10 accounts. The central also launched a Taka 200 crore revolving scheme for the purpose.

Lease of ferry-launch terminals to be canceled from July 1

Shipping Minister Shahjahan Khan today said the lease of 14 ferry terminals and eight launch terminals would be cancelled from July 1 next to facilitate the passengers during the forthcoming Eid-ul-Fitr. The minister advised the passengers of cars, bus drivers and ferry operator not buy ticket from any place other than ticket counters. He also advised to lodge complains with the police in case of forceful selling of tickets by the outsiders. ferry ghatHe said this while presiding over an inter-ministerial meeting to ensure safe and sound journey...
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