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Saturday, August 29, 2009

Inflow of FD Investment rises by 26 % in Bangladesh

AHN, Dhaka, 29 August : The inflow of Bangladesh's foreign direct investment (FDI) grew by nearly 26 % with the telecommunication sector making the highest growth in the fiscal 2008-09 (FY09) over that of the previous fiscal.
The flow of net FDI reached $941 million in the last fiscal year (FY09) against $748 million of the previous fiscal year, according to the central bank provisional statistics, released on Thursday. A total of around $430 million was invested in the country's telecommunication sector, particularly by fast-growing mobile phone companies in FY09, the central bank officials told AHN in Dhaka on Saturday.
"We've been able to attract a significant amount of FDI in FY09 despite the global economic recession," a senior official of the Bangladesh Bank (BB), the country's central bank, told AHN in Dhaka, preferring anonymity.

India Govt may allow pvt radio channels to broadcast agency news
PTI, New Delhi, 29 August : Private radio channels may be able to broadcast news sourced from agencies like PTI and UNI if the government accepts their long pending request to allow them to do so.
FM radio broadcasters have been demanding that they should be allowed to use news provided by the agencies in their bulletins. "The matter is still under consideration," according to a top official of the information and broadcasting ministry. The demand, being considered by the ministry, could form a part of the phase-III roll out of FM radio stations bidding.
At present, there are around 100 FM radio channels in India and a number of private companies have applied for licence to launch new channels.

Two killed, largescale violence in West Midnapore dist
Ghatal (West Midnapore), 29 August : Two persons were killed and 28 others, including eight policemen, injured in Ramjibonpur village under Chandrakona police station as violence rocked Ghatal area near here today.
''A motorcyclist was run over and killed by a truck. The accident occurred when the truck driver lost control while trying to speed past a police team,'' SDO, Ghatal, Ashok Saha said. ''Following this, agitated locals burnt down the truck and a police vehicle leading to a pitched battle between the police and the mob,'' he added. Angry locals went berserk, set afire the Ramjibonpur police outpost and pelted the police with stones injuring eight of them.
Meanwhile, locals alleged that commercial vehicles passing through Ramjibonpur are forced by the police to cough up gratification.
Tripura assembly session likely to be 'Stormy'
Agartala, 29 August : The
five-day monsoon session of Tripura Assembly, beginning on 31 August, is likely to be stormy with opposition Congress planning to raise several issues like rigging in the recent panchayat polls, corruption in NREGA and atrocities on women in the state.
According to official sources, the decision to have a five-day session was taken at the Business Advisory Committee (BAC) meeting held last evening. At the meeting, members of ruling Left Front had proposed to have a three-day session, but Congress insisted for a five-day session to discuss important matters related to public interest.
During the session, four bills will be introduced in the House, assembly secretary S M Lodh said.
BSNL snaps Darjeeling-Kalimpong hill broadband line
Darjeeling, 29 August : BSNL has begun disconnecting broadband services for consumers in the Hills who have not been paying their bills as part of GJM's campaign for Gorkhaland. Broadband services have been down in Darjeeling and Kalimpong since the last two days.
"I cannot do anything to reconnect broadband connections unless pending bills are cleared," said S K Samanta, GM, BSNL, over phone from Siliguri. GJM, on its part, has said that it would take "strong action" if the government resorts to arm-twisting tactics to derail their ongoing movement. "We know that disconnecting broadband lines in the Hills is a tactic to derail our movement. But we will not lie back, and will take strong measures," Harka Bahadur Chhetri, the GJM press and publicity secretary told Bengal Newz.
Along with non-payment for telephone services, GJM had also asked Hills people not to pay their electricity bills from April last year.

Fencing on Bagladesh zero line, baside BD objections
New Delhi, 29 August : The India govt will go ahead with a plan for barbed-wire fencing on the zero line of the border with Bangladesh, brushing aside Dhaka’s objections.
The decision was taken at a recent meeting held by Union home minister P. Chidambaram, who is to have asserted that India had every right to protect its borders from terrorists, insurgent groups and smugglers with bases in Bangladesh. The Indian home ministry’s border management division has been asked to draw up the plan for such fencing, with concertina wires, on a priority basis in sensitive areas along the border in Tripura, Assam and West Bengal, where the sites include Raiganj, Jalpaiguri and Siliguri. Another spot on the list is Kishanganj in Bihar.
Dhaka has argued that fortification on the zero line a no-man’s strip of land between the two borders is not allowed under the Indira-Mujib accord of 1974 and says it must be done 150 yards from the line. Security agencies believe the move will reduce smuggling sharply. Chidambaram is believed to have told the Border Security Force to assist the agency involved in the fencing.
Sources at the Bangladesh embassy in Delhi said they had no information from Dhaka about the zero line fencing. Only 2,650km of the 4,095km porous border, in West Bengal and the seven northeastern states, had been fenced till March this year, the government has told Parliament. Photo : AFP
Mob lynches 4 suspected robbers in SE's Chittagong
Chittagong, 29 August : Angry villagers lynched four suspected robbers on the outskirts of the southeastern port city of Chittagong, after they were caught on entering the house of a resident.
The incident occurred in Sitakundu village where 10 robbers allegedly entered after midnight last and were chased away by the villagers, officials said. "The robbers came under siege as residents of the village raised an alarm using a megaphone of the village mosque after the dacoits entered the house of a wealthy resident,"a local police official said on phone.
Several such incidents of lynching or mass beating have been reported from different areas in recent days, amid growing incidents of crime.

UK ministers to visit Kolkata's solar housing projects
Kolkata, 29 August : Two British cabinet ministers Ed Miliband (energy & climate change) and Douglas Alexander (DFID) will fly down to Kolkata on 1 September to visit India's first integrated solar housing project in New Town.
"It is a brief climate change-related visit that could pave the way for future cooperation on renewables. Discussions will be held with the state government to identify specific areas where the UK can help," British deputy high commissioner to eastern India Sanjay Wadvani said at the environment and energy conclave organized by Bengal Chamber of Commerce and Industry. The Rs-11 crore Rabi Rashmi Abasan completed in July 2008 uses rooftop solar photovoltaic panels to generate electricity. "The UK Low Carbon Transition Plan 2020 is similar. Around 7 million homes will have home energy makeovers and over 1.5 million households will be supported to produce their own clean energy," Wadvani said.
S P Gon Chaudhuri the architect behind the project said the ministerial visits would lead to vital international cooperation. "Since the UK has technology and resources, it will be great to partner with the British government," the Ashden Award-winner said.

ONGC discovers gas in Tripura
Agartala, 29 August : Oil and Natural Gas Corporation on Friday reported a gas discovery in Tripura.
The discovery was made in the west Tripura block in the Assam and Assam Arakan basin, the company said. Exploratory well Sundalbari-4 was drilled to a depth of 3,400 meters and flowed gas at the rate of 160,000 cubic meters per day. The gas contains upto 96.3 per cent methane, ONGC said, but did not give any estimates of potential reserves in the new discovery. "This is a new pool discovery in Upper Bhuban Formation in a separate fault closure. This discovery has opened up a new reservoir for further exploration within the Sundalbari area and has also proved the extension of the field as a whole," the statement said.
According to another report, the company declared on Friday that it plans to invest Rs 8,554 crore (Rs 85.54 billion) in western offshore fields by 2012.

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