Page 8 - India-bangladesh

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

Bangladesh garment factories reopen with hopes after PM Hasina's flight

Garment and textile factories which supply major western brands such as H&M, Zara and Carrefour had been forced to shut under curfews

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

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

29 Awami League leaders, family members found dead in Bangladesh violence

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

Why Sheikh Hasina may not go to the UK and what's next for her and India

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 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

Bangladesh unrest not likely to impact India's overall trade balance: S&P

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 ...

Don't buy textile stocks on Bangladesh crisis, wait for dips: Analysts

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

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

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

Bangladesh: From China to Jamaat, India's many challenges after Hasina exit

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

'Sheikh Hasina is done with Bangladesh, won't return to politics', says son

Sajeeb Wazed Joy, son of former Bangladesh PM Sheikh Hasina, said his mother left the country for her safety, following her family's pressure

India-Bangladesh trade headed for uncertainty after Hasina's resignation

Bangladesh is also a key destination for Indian auto exports, alongside African and Latin American countries

'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

Bangladesh calm amid curfew after top court scrapped some job quotas

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

284 more people enter India from Bangladesh via Meghalaya, say officials

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