Page 12 - India-bangladesh Ties

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

Crisis in Dhaka: Bangladesh textile biz may move to hubs like Tiruppur

India likely to see volume of such exports inflate by $400 mn per month

India can't be indifferent, peace in Bangladesh in our interest: Tharoor

Expressing concern over the situation in Bangladesh, senior Congress leader Shashi Tharoor on Monday said India cannot afford to be indifferent to the developments and asserted that peace and progress in the neighbouring country is "in our interest". Bangladesh Prime Minister Sheikh Hasina has resigned and an interim government is taking over, Army Chief General Waqar-uz-Zaman announced in Dhaka on Monday, in a dramatic development amid massive protests against her government that claimed more than 100 lives in the last two days. Reacting to the developments in Bangladesh, Tharoor said, "It is very worrying, as you know some 300 lives have been lost since July 1 when the problem started...that has already been a matter of grave concern to all of us." "Bangladesh is our neighbouring country and the people there are our own brothers and sisters or cousins at the very least and what happens there, effects our neighbourhood in a very intimate way. Bangladesh is a country surrounded by .

'India's bilateral trade to face issues as Bangladesh crisis deepens'

Domestic exporters on Monday expressed concerns over the crisis in Bangladesh and said the developments in the neighbouring country would have implications on bilateral trade. However, exporters expect that the situation may normalise soon. According to exporters, they are already facing disruptions in exports to Bangladesh due to a shortage of foreign exchange in that country. India's exports of perishable goods are facing challenges at the border. Bangladesh Prime Minister Sheikh Hasina has resigned, and an interim government is taking over in the country. The neighbouring country has been witnessing fierce demonstrations over the controversial quota system that reserves 30 per cent of jobs for the families of veterans who fought the 1971 liberation war. More than 100 people have been killed in the protests against the Hasina government in the last two days. "We were facing some disruptions due to the issues in Bangladesh, but we are expecting that the situation will be restor

IndiGo, Air India cancel their flights to Dhaka amid Bangladesh unrest

IndiGo, India's largest carrier, operates 35 weekly flights between the two countries, according to aviation analytics firm Cirium

Rahul meets EAM Jaishankar in Parliament, discusses Bangladesh situation

Leader of Opposition in the Lok Sabha Rahul Gandhi met External Affairs Minister S Jaishankar in Parliament House on Monday and discussed the development in Bangladesh, Congress sources said. Sheikh Hasina has resigned as Bangladesh prime minister and an interim government is taking over, Army Chief General Waqar-uz-Zaman announced in Dhaka on Monday, in a dramatic development amid massive anti-government protests that claimed more than 100 lives in the last two days. Hasina landed at the Hindon airbase near Ghaziabad on her way to London, diplomatic sources said. "Gandhi met Jaishankar on the sidelines in the Lok Sabha, Parliament House complex, and discussed the recent developments in Bangladesh," a Congress source said.

India will watch developments, work with new govt in Dhaka: Ex-Indian envoy

He said the resignation of Sheikh Hasina, following protests that saw violence, is a major development and there could be a period of uncertainty in Bangladesh