Page 11 - India-bangladesh Ties

Modi extends wishes to Yunus, urges protection of Hindus, other minorities

Prime Minister Narendra Modi on Thursday extended best wishes to Muhammad Yunus as he took oath as the head of an interim government in Bangladesh, hoping for early return of normalcy and ensuring safety of Hindus and other minority communities in that country. Nobel laureate Yunus took oath as the head of an interim government in Bangladesh. Yunus, 84, was administered the oath of office by President Mohammed Shahabuddin at a ceremony at the presidential palace 'Bangabhaban'. He was appointed as the head of the interim government on Tuesday after Prime Minister Sheikh Hasina resigned and fled to India following widespread protests against her government over a controversial quota system in jobs. In a post on X, Modi said, "My best wishes to Professor Muhammad Yunus on the assumption of his new responsibilities. We hope for an early return to normalcy, ensuring the safety and protection of Hindus and all other minority communities." "India remains committed to working with Banglade

Bangladesh Nobel laureate Muhammad Yunus takes charge of caretaker govt

Yunus, 84, was recommended for the role by student protesters and returned to Dhaka earlier on Thursday from Paris, where he was undergoing medical treatment

Monitoring situation: MEA on attacks on minority communities in Bangladesh

Nobel Peace Prize-winning economist Muhammad Yunus is set to lead Bangladesh's new interim government, which will be sworn in on Thursday

If Bangladesh becomes unstable...: Muhammad Yunus' warning for India

Nobel Peace Prize-winning economist Muhammad Yunus is set to lead Bangladesh's new interim government, which will be sworn in on Thursday

Protesters force four Bangladeshi central bank's deputies to resign

Protesters also demanded the resignation of Bangladesh Bank governor Abdur Rouf Talukder, who was not present during the demonstrations at the bank's headquarters

Majority of retail distributors resume ops in Bangladesh, says Marico

The 'Parachute' hair oil maker gets 44 per cent of its international revenues from the country, where it has a distribution network of more than 770,000 outlets

Muhammad Yunus appeals for calm before oath as B'desh interim govt head

Nobel laureate Mohammad Yunus is set to take oath as the head of Bangladesh's interim government on Thursday, as he made a fervent appeal to everyone to stay calm and "refrain from all kinds of violence" to make the best use of our new victory. As authorities scrambled to bring the law and order situation under control, Army chief Gen Waker-Uz-Zaman on Wednesday announced that the interim government will take oath around 8 pm on Thursday. He said the advisory council may have 15 members. Gen Zaman further said THAT the armed forces will provide all possible support to 84-year-old Yunus after Sheikh Hasina resigned as prime minister and fled the country following violent anti-government protests spearheaded by the Students Against Discrimination movement. Yunus is now in Paris and was headed to Dhaka. Bangladesh Nationalist Party(BNP) chairperson and ex-premier Khaleda Zia, who was freed from house arrest on Tuesday, echoed the views of Yunus, saying it is not "anger" or "revenge" bu

Joint satellite to port, unrest to stall key India-Bangladesh projects

The satellite launch project was the cherry on top of a long list of projects the two countries had agreed upon in recent years

Bangladesh situation matter of concern for Northeast: Assam CM Sarma

Assam Chief Minister Himanta Biswa Sarma on Wednesday said the situation in Bangladesh is a matter of concern for the northeastern states, apprehending that the neighbouring country may again become a hub of insurgents and people from there may enter the region illegally. Sarma said he was hopeful that the Centre would continue with dialogue with the new dispensation in Bangladesh and that concerns of the northeastern states would be at the forefront. "We are concerned about the recent developments in Bangladesh and if the trouble continues, we fear that it will affect the region from two angles," the chief minister told reporters on the sidelines of an event in Dergaon. The border between the two countries has to be protected as "people from the neighbouring country may try to enter the region through the India-Bangladesh boundary", he said. 'During Sheikh Hasina's regime, insurgents from the northeast region were forced to leave Bangladesh. It will be a matter of concern for us t

Bangladesh political crisis may disrupt annual Hilsa fish arrival to India

Traditionally, the former Bangladesh prime minister Sheikh Hasina would send shipments of Hilsa to India annually as a goodwill gesture around August to October, despite export restrictions

Indo-Bangla trade via Bengal land ports to normalise soon despite turmoil

Despite ongoing political turmoil in Bangladesh, trade between India and the neighbouring country through land ports in West Bengal is expected to normalise soon while some movements of goods via one of these facilities were reported on Wednesday, officials said. A meeting between the land port authorities of the two countries is scheduled on Wednesday at South Asia's largest land port Petrapole in West Bengal's North 24 Parganas district, which is "expected to provide clarity on transportation of goods", the officials said. The Director General of the Border Security Force was also in Petrapole on Tuesday to review the situation along the international boundary in the wake of the crisis in Bangladesh. "Trucks are getting ready, and some cargo movement via Ghojadanga has started for the Bangladeshi side. This is possible because the situation in Bhomra in the neighbouring country, the opposite side of Ghojadanga, remains stable," Carrying & Forwarding Agents Welfare Association ...

Bangladesh dissolves national parliament, paving way for new government

Thousands of jailed protesters were freed, as well as Hasina's rival and opposition leader Khaleda Zia - a former prime minister herself

Bangladesh crisis poses significant concerns for textile industry: CITI

Bangladesh, which is facing its worst political crisis since Independence in 1971, poses "significant concerns" for India's textile and apparel sector, particularly for companies operating factories in the neighbouring country, the Confederation of Indian Textile Industry said on Tuesday. The domestic textile industry body believes that any supply disruption in Bangladesh will have an immediate impact on the supply chain, potentially affecting production schedules and delivery timelines of Indian firms. "The situation in Bangladesh is indeed concerning, and we are closely monitoring the developments. Bangladesh's growth in the textile sector has been inspiring and has lent strength to the trade flows in the entire subcontinent. "While we are concerned about the impact on the supply chain and the potential delays and disruptions it might cause, we are hopeful that the situation will improve soon," Chandrima Chatterjee, Secretary General, Confederation of Indian Textile Industry (CITI

UK calls for UN-led probe into Bangladesh events, silent on Hasina's asylum

The British government has called for a United Nations led investigation into the violent incidents of the past few weeks in Bangladesh, which led to ousted Prime Minister Sheikh Hasina fleeing to India for the moment before reportedly seeking asylum in the UK. Foreign Secretary David Lammy issued a statement on Monday to condemn the unprecedented levels of violence and tragic loss of life over the last two weeks in Bangladesh and said the UK wanted to see action towards a democratic future for the country. The government has made no official comment on reports of Hasina seeking political asylum in the UK, with Home Office sources only indicating that the country's immigration rules don't specifically allow individuals to travel to the UK to seek asylum. The last two weeks in Bangladesh have seen unprecedented levels of violence and tragic loss of life. A transitional period has been announced by the Chief of the Army Staff, reads David Lammy's statement. All sides now need to work

Air India to operate evening flight to Dhaka, Vistara to resume from Aug 7

Air India will operate its scheduled flight from the national capital to Dhaka on Tuesday evening while Vistara's scheduled services to the Bangladesh capital will be operational from August 7. The neighbouring country has plunged into uncertainty and the situation is volatile after street protests over job quota forced Prime Minister Sheikh Hasina to quit and flee. On Tuesday, Air India had cancelled its morning flight to Dhaka. The airline will operate its evening flights AI237/238 on the Delhi-Dhaka-Delhi sector on Tuesday. In a statement, the carrier also said that due to the prevailing situation there, a one-time waiver is being offered on rescheduling to passengers having confirmed bookings on any of its flight to and from Dhaka between August 4 and 7. The offer will be applicable for tickets booked on or prior to August 5. As per normal schedule, the Tata Group-owned airline operates two daily flights from the national capital to Dhaka. According to an official, Vistara wi

Approx 19,000 Indian nationals in B'desh, of which 9,000 students, says EAM

The External Affairs Minister also mentioned that the government is monitoring the situation with regard to the minorities living in Bangladesh

Monitoring situation with regard to minorities in Bangladesh: EAM in RS

India is monitoring the situation with regard to minorities in Bangladesh and is in "close and continuous" touch with the Indian community there through its diplomatic missions, the government informed the Rajya Sabha on Tuesday. In a statement to the Upper House, External Affairs Minister S Jaishankar also briefed the MPs on former prime minister Sheikh Hasina's "very short notice" request to come to India "for the moment". He said India has instructed its border guarding forces to be exceptionally alert in view of this complex and still evolving situation in the neighbouring country. "There are an estimated 19,000 Indian nationals there, of which about 9,000 are students. The bulk of the students, however, have already returned to India in the month of July," Jaishankar told the Upper House. "On August 5, demonstrators converged in Dhaka despite curfew. Our understanding is that after a meeting with leaders of the security establishment, Prime Minister Sheikh Hasina apparently ma

Assured Hasina of all help, focus on minorities protection in B'desh: EAM

Stating that the embattled former prime minister of Bangladesh Shiekh Hasina is in India and the Indian government wants to give her time to let the Indian government know about her future action

Crisis in Dhaka: Strategies for stocks of companies related to Bangladesh

Analysts believe, Indian textiles companies are likely to benefit from the Bangladesh turmoil, while that of FMCG and auto may take a hit. Here's a technical outlook on key stocks from these sectors.

Bangladesh's Sheikh Hasina falls from grace in nation her father founded

Hasina first led the Awami League party to victory in 1996, serving one five-year term before regaining power in 2009, never to lose it again