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Deadly Fireworks Factory Explosion Deadly Fireworks Factory Explosion

Deadly Fireworks Factory Explosion

At least 20 people have been killed following a powerful explosion at a fireworks manufacturing unit in India’s Tamil Nadu state. The incident occurred on Sunday in the Virudhunagar District, an area known for its extensive fireworks industry. Authorities confirmed that the blast took place in Kattanapatti, a locality within the district, during routine production […]
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Crackdown on Fuel Price Violations Crackdown on Fuel Price Violations

Crackdown on Fuel Price Violations

Authorities in Cumilla have imposed fines on two business operators for selling fuel at inflated prices and conducting petroleum-related activities without proper licensing, in a drive aimed at curbing malpractice in the local energy market. On Sunday afternoon (19 April), the operation was carried out in the Sadar South area of Cumilla city under the […]
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Rupganj Homes and Shops Attacked Rupganj Homes and Shops Attacked

Rupganj Homes and Shops Attacked

A violent attack targeting residential homes and business premises has been reported in Rupganj upazila of Narayanganj, leaving several people injured and property extensively damaged. The incident took place on Saturday night (18 April) in the Sarker Bari area under Golakandail Union. According to local accounts, a group of assailants allegedly linked to a so-called […]
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Fuel Supply Increased to Stabilise Market Fuel Supply Increased to Stabilise Market

Fuel Supply Increased to Stabilise Market

The government has decided to increase the supply of fuel oil across the country from today in an effort to ease unusual pressure in the domestic energy market. The Bangladesh Petroleum Corporation (BPC) has confirmed that additional allocations of diesel, octane and petrol will be released to distributors to stabilise availability at the pump level. […]
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Life Insurance Claims Improve Amid Backlog Life Insurance Claims Improve Amid Backlog

Life Insurance Claims Improve Amid Backlog

Claim settlement performance in Bangladesh’s life insurance sector improved markedly in the final quarter of 2025, although a substantial volume of unpaid claims continues to undermine confidence in the industry. According to unaudited figures from the Insurance Development and Regulatory Authority (IDRA), total claims in the life insurance sector reached Tk 13,158 crore by the […]
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India Clears 1.4bn Maritime Insurance Pool India Clears $1.4bn Maritime Insurance Pool

India Clears $1.4bn Maritime Insurance Pool

India has approved a 129.8 billion rupee (approximately $1.4 billion) government-backed guarantee to establish a national maritime insurance pool, aiming to safeguard trade flows amid rising geopolitical tensions and tightening global reinsurance capacity. The decision, announced by Information and Broadcasting Minister Ashwini Vaishnaw, establishes a framework under which the pool will operate for an initial […]
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MCCI Calls for Lower Turnover Tax MCCI Calls for Lower Turnover Tax

MCCI Calls for Lower Turnover Tax

The Metropolitan Chamber of Commerce and Industry (MCCI) has called on the government to reduce the turnover tax on gross receipts from 1 per cent to 0.3 per cent, arguing that the current structure places an undue financial and administrative burden on businesses and disrupts the coherence of the overall tax framework. In its proposals […]
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