Bangladesh crisis: In the wake of Sheikh Hasina's resignation, Bangladesh is experiencing a wave of violence as mobs target members of her party, along with their families and businesses
Mixed reports have emerged about New Delhi's level of support for a long stay by ousted Bangladesh Prime Minister Sheikh Hasina, who resigned and fled her country amid a mass uprising
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
India is a well diversified exporter and a blip in its exports to Bangladesh is unlikely to have any meaningful impact on India's overall trade position for the full year, S&P Global Ratings said on Tuesday. Bangladesh is facing its worst political crisis since independence in 1971, with Prime Minister Sheikh Hasina resigning amid massive anti-government protests. Bangladesh Army Chief General Waqar-uz-Zaman on Monday announced that an interim government would be taking over the responsibilities. S&P Global Ratings, Director, Sovereign and International Public Finance Ratings (Asia-Pacific), Andrew Wood said that S&P expects domestic demand conditions in Bangladesh in this period of time to be weak and probably going to entail less support for exports from other countries, including India, into Bangladesh. "India is a well diversified exporter to the entire world and its trade profile is significantly larger than bilateral trade relationships with economies like ...
Bangladesh crisis news, textile shares: This will provide a sentimental boost for related stocks, though the rally should not be chased on this trigger alone, analysts said
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
The External Affairs Minister also mentioned that the government is monitoring the situation with regard to the minorities living in Bangladesh
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
Reports indicate that while Sheikh Hasina's Awami League will be kept out of interim govt, anti-India Bangladesh Nationalist Party and pro-Pakistan Jamaat-e-Islami will be included
Sajeeb Wazed Joy, son of former Bangladesh PM Sheikh Hasina, said his mother left the country for her safety, following her family's pressure
Bangladesh is also a key destination for Indian auto exports, alongside African and Latin American countries
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, India's largest carrier, operates 35 weekly flights between the two countries, according to aviation analytics firm Cirium
No violence or protests reported on Monday morning and media said curfew would be relaxed for 3 hours in afternoon, extended from 2 hours previous day, so that people could buy essentials
Altogether 284 more people entered India on Saturday from violence-hit Bangladesh via Dawki integrated check post in Meghalaya's West Jaintia Hills district, officials said. Of them, 168 are from Nepal and 115 from India, including eight students from Meghalaya, and one from Canada, they said. "In the past three days, a total of 953 people from India, Nepal and Bhutan, mostly students, and one from Canada have crossed over through Dawki ICP to the country from Bangladesh due to agitation there," a senior home department official said. The Meghalaya government has activated a helpline number for those who have been in violence-hit Bangladesh and are seeking assistance from the authorities of the northeastern state. Violence escalated in Bangladesh's capital Dhaka and elsewhere over protests by students, demanding reforms to the quota system for government jobs. The protesters are demanding an end to a quota system that reserves up to 30 per cent of government jobs for relatives of
Nearly 1,000 Indian students have returned to India from Bangladesh through various land transit points or by flight, the Ministry of External Affairs (MEA) said on Saturday as the neighbouring country continued to reel under deadly clashes that reportedly left over 90 people dead. External Affairs Minister S Jaishankar said the MEA is fully focused on ensuring safety and well being of the Indians in Bangladesh. Indian missions in Bangladesh are in regular touch with authorities concerned to ensure safety and security of Indian nationals and students, the MEA said. "Thus far, 778 Indian students have returned to India through various land ports. In addition, around 200 students have returned home by regular flight services through Dhaka and Chittagong airports," it said. Bangladesh has been reeling under deadly clashes with protesting students demanding the Sheikh Hasina-led government to scrap a controversial job quota system. Over 90 people have been killed in the clashes that b
Tipra Motha supremo Pradyot Kishore Manikya Debbarma on Saturday urged the Centre to enhance vigil along the country's border with violence-hit Bangladesh. Tripura shares an 856 km-long border with the neighbouring country. "History shows us that whenever there has been unrest in East Pakistan/Bangladesh, Tripura has suffered the most. I appeal to the Govt. of India to ensure that border vigil should be at the highest alert. GoI should constitutionally secure the indigenous population for future generations," Debbarma said on Facebook. Instability in Bangladesh "immediately affects bordering northeastern states like Tripura, Assam, and Meghalaya", he said. "Porous borders and illegal migration affect the tribal people where land is aplenty but not the population. Land laws have to be strengthened in the sixth schedule areas," the Tipra Motha supremo said. The Bangladesh Police imposed a strict curfew across the country and military forces patrolled parts of the capital Dhaka on ..
China and India both want to execute the Teesta River Comprehensive Management and Restoration, a Dhaka-led initiative to better manage the river's waters
The relations of both the countries find expression in several areas such as sharing inland waterways and power
External Affairs Minister S Jaishankar on Thursday held separate meetings with his counterparts from Bangladesh and Bhutan, focusing on ways to boost bilateral ties in diverse areas. The meetings took place in Delhi on the sidelines of a retreat session of the foreign ministers of member nations of BIMSTEC (Bay of Bengal Initiative for Multi-sectoral Technical and Economic Cooperation). "Good to meet Bangladesh FM @DrHasanMahmud62 this evening in New Delhi. The frequent high level exchanges reflects the strength of India-Bangladesh Maitri. Discussed ways of advancing it further," Jaishankar said on 'X' following his talks with Bangladesh counterpart Hasan Mahmud. On his talks with Bhutanese Foreign Minister DN Dhungyel, Jaishankar said views were exchanged on taking forward the unique ties of friendship and goodwill between India and Bhutan. "Pleased to meet @FMBhutan DN Dhungyel on the sidelines of BIMSTEC Retreat. Exchanged views on taking forward our unique ties of friendship an