Page 47 - Bangladesh

Bangladesh crisis will not impact Apollo's revenue, says top executive

Bangladesh has long been the largest source of medical tourists to India, with a 48 per cent year-on-year (Y-o-Y) surge bringing 449,570 patients in 2023 alone

Bangladesh to prosecute student protest killings in international tribunal

The Muhammad Yunus-led interim government announced that the murders conducted within the period from July 1 to August 5 will be tried by the International Crimes Tribunal

'B'desh interim govt seeks ties with India, but Hasina's remarks unhelpful'

Bangladesh's interim government wants to work closely with India to promote bilateral relations, Foreign Affairs Adviser Md Touhid Hossain said on Wednesday, but indicated that deposed premier Sheikh Hasina's public statement from India are "not conducive" to fostering better bilateral ties. Hossain's statement came after Indian High Commissioner Pranay Verma paid a courtesy call on him and discussed bilateral ties in the wake of the recent developments in Bangladesh, which witnessed large scale violence and attacks on minorities and temples. During the meeting, Hossain said Bangladesh wants to work closely with India to promote bilateral relations and stressed more people-centric engagement' in the upcoming days. Hossain affirmed the interim government's commitment to ensure the peaceful coexistence of different communities in Bangladesh, including the minorities. This was Verma's first meeting with Hossain after the formation of the interim government following the fall of the ..

Bangladeshi turmoil risks weaker banks and slower financial reforms: S&P

An interim government, led by economist Muhammad Yunus, has been appointed to plug a power vacuum and hold elections, but the protests have widened to target officials appointed during Hasina's term

Oppn silent on B'desh due to fear of losing vote bank: Yogi Adityanath

He said that the opposition is concerned about the vote bank but they have no solidarity for the human suffering

Students still managing B'desh roads despite traffic police joining duties

Several Bangladeshi students, who were behind the ouster of former prime minister Sheikh Hasina, are still controlling traffic on the roads in the country despite traffic police personnel rejoining their workplaces. A wave of violence, including revenge killings and arson, persisted after Hasina fled to India on August 5. Almost all of the country's police officers went into hiding, afraid of reprisals for the force's role in the deaths of hundreds of young protesters demanding the scrapping of quotas in government service jobs. In such a situation, the students came out on the streets and tried to regulate traffic. However, traffic police personnel rejoined their workplaces on Monday. Still, the students say they do not want to leave the traffic management to the designated units of the police, The Dhaka Tribune newspaper reported. Even on Wednesday, students were seen controlling traffic on the roads. There are also members of Ansar, Border Guard Bangladesh Red Crescent, Scouts

Sheikh Hasina demands justice for Bangabandhu, condemns rioters' acts

Bangladesh crisis: Former Bangladesh Prime Minister Sheikh Hasina demanded a thorough investigation into the killings and acts of sabotage across the nation

UN Chief calls for parliamentary election in B'desh, urges govt's inclusion

Bangladesh is experiencing a volatile political situation, after Sheikh Hasina resigned from the post of Prime Minister on August 5 amid mounting protests

Bangladesh in limbo: A country of 170 mn, where students run the streets

One female student, who looked no older than 16, tried to ease traffic on a busy street with the zeal of an overachiever, shouting what were more pleas than orders to ever bhaiya, Bengali for brother

Bangladesh's inflation spikes 12-year high to 11.66% in July amid protests

Bangladesh's inflation in July reached a 12-year high at 11.66 per cent as it faced turmoil due to the massive student protest over a controversial job quota system, according to the country's bureau of statistics. The inflation was 9.72 per cent in June, The Dhaka Tribune newspaper reported. Data released by the Bangladesh Bureau of Statistics on Monday showed that food inflation in July registered a record high of 14.10 per cent and non-food inflation at 9.68 per cent. This was 10.42 per cent and 9.15 per cent respectively in June. The previous high of the general inflation rate was 9.94 per cent last May, the report said. July was marked by country-wide protests by the Anti-Discrimination Student Movement that began demanding quota system reforms in government jobs. A crackdown by the government on dissenters further provoked the protests as agitators soon began to demand the resignation of the Sheikh Hasina-led Awami League government. Hasina, 76, resigned and fled to India l

Centre allows power exporters to sell their electricity back in India

Move in wake of Bangladesh unrest; Adani Power's Godda plant primary beneficiary

Bangladesh's ousted PM Sheikh Hasina to face trial on murder charges

Bangladesh's deposed prime minister Sheikh Hasina and six others, including two senior ministers of her cabinet and the sacked police chief, would face trial on murder charges, court officials said on Tuesday. The murder case filed against 76-year-old Hasina is the first so far against her since she resigned and fled to India on August 5. She and six others over the death of a grocery shop owner during last month's violent clashes that led to the fall of her government. "In line with a case filed by a resident of (Dhaka's) Mohammadpur area, Metropolitan Magistrate Rajesh Chowdhury has asked police to register it as an FIR," a court official said. He said that six others who were named in the case are: Awami League general secretary and former road transport minister Obaidul Quader, home minister Asaduzzaman Khan and sacked inspector general of police (IGP) Abdullah Al Mamun, Dhaka's police commissioner Habibur Rahman, Additional IGP Harun-or-Rashid and additional joint commissioner

Indian FMCG enterprises resume operations in violence-hit Bangladesh

Indian FMCG companies with operations in violence-hit Bangladesh say their business in the neighbouring country is slowly returning to normalcy after being shut for about a week. Leading FMCG companies, including Marico, Dabur, Emami, Pidilite Industries, Britannia and Godrej Consumer Products, have operations in Bangladesh, which recently faced violent clashes leading to a regime change there. Besides, leading QSR chain Jubilant FoodWorks Ltd (JFL), a master franchisee of American pizza restaurant chain Domino's, also operates around 30 stores in Bangladesh. Marico, which has the biggest exposure in Bangladesh, has informed the bourses that its manufacturing operations in the country resumed at normal scale on August 11. "Operating conditions in the market have been gradually improving and a large majority of our retail sales force and distributors have been functioning since last week," the Mariwala-promoted FMCG maker said. In Bangladesh, Marico operates in personal care, baby

Want justice: Former Bangladesh PM Hasina in her 1st post-ouster statement

In first comment after ouster, she says those involved in Bangladesh violence should be investigated

How assets, vehicles at Bangladesh's 'Setu Bhaban' were reduced to ashes

During the protests, angry students set fire to the ministry building and vandalised government property and vehicles parked inside its premises

Yunus meets Bangladeshi Hindus, urges patience before judging his govt

Reaching out to the distressed Hindu community members at the famous Dhakeshwari Temple here, Bangladesh's Chief Adviser Muhammad Yunus on Tuesday urged the people to exercise patience before judging his government's role. Yunus, who took charge as the Chief Advisor of the interim government on August 8 amid ongoing violence and vandalism, including against the minorities, also said each one's rights should be ensured and blamed "institutional decay" for the predicament that his country has fallen into. The meeting comes close on the heels of attacks on the minority Hindu population, vandalisation of their business and properties and devastation of Hindu temples hours in the violence that ensued for days following the ouster of prime minister Sheikh Hasina on August 5. Dhakeshwari temple is one of the prominent shakti peethas. Rights are equal for everyone. We are all one people with one right. Do not make any distinctions among us. Please, assist us. Exercise patience, and later .

Micro credit boss Muhammad Yunus may need to curb anathema to profit

Bangladesh's new interim government head Muhammad Yunus, now Chief Adviser, stresses ethical business practices and social entrepreneurship while addressing Bangladesh's economic revival

Murder case filed against former Bangladesh PM Sheikh Hasina, six others

Bangladesh crisis: A murder case has been registered against Sheikh Hasina and six others for their involvement in the death of a grocery shop owner on July 19

Murder case filed against Bangladesh's ousted PM Hasina, six others

A murder case has been filed against Bangladesh's ousted prime minister Sheikh Hasina and six others over the death of a grocery shop owner during last month's violent clashes that led to the fall of her government, media reports said on Tuesday. The case was the first to be filed against Hasina, 76, after she resigned and fled to India last week following widespread protests against her Awami League-led government over a controversial job quota system. The case was filed by a well-wisher of the grocery store owner Abu Sayed, who was killed on July 19 in police firing during a procession in support of the quota reform movement in Mohammadpur, the Dhaka Tribune newspaper reported. The other accused are Awami League General Secretary Obaidul Quader, former Home Minister Asaduzzaman Khan Kamal, and former Inspector General of Police Chowdhury Abdullah Al Mamun, among others. Besides, several unnamed high-ranking police officials and government officials were also accused in the case,

Marico resumes normal manufacturing ops at Bangladesh plants; stock up 3%

Marico Bangladesh update news: Marico said the manufacturing operations in the country resumed at normal scale on Monday