Cold storage syndication blamed for record potato price hike

Cold storage syndication blamed  for record potato price hike

A recent study by the commerce ministry has found a syndicate of cold-storage owners responsible for the record hike in potato prices this year. However, a top cold-storage businessman denied any involvement in price manipulation. He claimed the government data on potato production was not accurate and pointed the finger at a severe data mismatch […]

Cattle Market Volatility Increasing Risk for Farmers, May Lead to Record Beef Prices

Cattle Market Volatility Increasing Risk for Farmers, May Lead to Record Beef Prices

Between Oct. 18 and Oct. 23, six days after a bearish Cattle on Feed report, the January Feeder Cattle (Figure 1) contract fell 6.5%, from $252.86/cwt to $236.41/cwt, while December live cattle fell 4.4%, from $187.24/cwt to $178.92/cwt. In response to the dramatic drop in futures, this week packers have been buying cattle, which has […]

Kohli sniffs at Tendulkar’s record as India slay Bangladesh by 7 wickets

Minister of Agriculture and Farmers Welfare, M. R. K. Panneerselvam at Agricultural College and Research Institute at Killikulam on Friday.

India’s Virat Kohli and KL Rahul celebrate with captain Rohit Sharma and Ishan Kishan after the winning the ICC Men’s Cricket World Cup 2023 match between India and Bangladesh, at Maharashtra Cricket Association Stadium, in Pune, Thursday, Oct. 19, 2023. | Photo Credit: PTI The legend of Virat Kohli continued to grow exponentially as he […]

Rice production hits record high

Jashore farmers all set to ship cabbage to Malaysia, Singapore, Taiwan

Rice production in Bangladesh grew for the sixth consecutive year in fiscal year (FY) 2022-23 as farmers expanded cultivation areas of high-yielding varieties (HYV) and hybrid rice in place of local varieties. Data released by the Bangladesh Bureau of Statistics (BBS) on the production of dry season crop Boro this week showed that the country […]

No shade, no water, and record heat: More migrants die in US desert

No shade, no water, and record heat: More migrants die in US desert

That number could be well below the true figure, with migrant advocates and Congress’ own investigative arm contending CBP undercounts migrant fatalities. CBP said last year in response to the report to Congress that it was working to improve its data, which comes from law enforcement, fire departments and first responders, including Border Patrol agents. Its website states that it aims to […]

World breaches key 1.5C warming mark for record number of days

World breaches key 1.5C warming mark for record number of days

The world is breaching a key warming threshold at a rate that has scientists concerned, a BBC analysis has found. On about a third of days in 2023, the average global temperature was at least 1.5C higher than pre-industrial levels. Staying below that marker long-term is widely considered crucial to avoid the most damaging impacts […]

ADN Telecom gains record profit, helped by new products

ADN Telecom earned record profit in FY23 as recent investments started bearing fruit. The IT firm reported Tk 258.60 million in profit for the year, a 54.3 per cent increase from the previous fiscal year, according to the Dhaka Stock Exchange (DSE). The company in its earnings note published on Thursday attributed the remarkable profit […]

2023 on track to be hottest year on record

2023 on track to be hottest year on record

This year is set to become the hottest year ever recorded, with last month being the warmest September on record, according to a report by the European Union’s Copernicus Climate Change Service (C3S). It found that the global temperature for January-September 2023 was 0.52℃ higher than average. It was also hotter than the first nine […]

Antarctica hits record as global heat looms large

Antarctica hits record as global heat looms large

A report from the Scientific Committee on Antarctic Research (SCAR) released by the Antarctic Treaty Consultative Meeting in Berlin in the spring of 2023 reveals how surprisingly fast the icy continent is changing and its impact on the world. At current levels of global warming, the planet is already committed to approximately 16 inches of […]