Bangladesh Financial News

Pakistan Army chief Gen Asim Munir on Thursday warned against attempts to create chaos in the cash-strapped country, saying the armed forces will foil any such move and safeguard national integrity. His remarks came after many teasing comments appeared on social media, often comparing Pakistan's situation with that of Bangladesh where a popular uprising swept away a government which had won a landslide electoral victory. «If someone tries to create chaos in Pakistan, by God, we will stand before him. No power in the world can harm Pakistan because this country is built to last,» Gen Munir was quoted as saying by the Inter-Services Public Relations, the army's media wing. Addressing a conference of Islamic clerics here, the army chief reiterated the military's dedication to preserving peace and stability in the country.

Professor Mohammad Yunus, a well-known critic of Sheikh Hasina and persecuted by her regime, when the Nobel laureate became the head of the caretaker government after she resigned and fled to India. The 84-year-old economist, globally recognised as 'The Father of Microfinance,' who flew down from Paris earlier in the day, was declared as the head of the interim government by President Mohammed Shahabuddin after dissolving Parliament Tuesday, a decision prompted by a demand by the Anti-Discrimination Student Movement. Yunus had announced plans to form a political party in 2007 when the country was run by a military-backed government and criticised Bangladeshi politicians alleging they were only interested in money. He, however, did not follow through on that plan. By a quirk of fate, on Thursday he took oath to lead a non-partisan, non-military caretaker government.

Bangladesh Nationalist Party (BNP), Tarique Rahman, and the student leadership which led the protests that ousted the Sheikh Hasina government in Bangladesh earlier this week are at loggerheads over general elections, according to people in the know. Sources told ET that Rahman is in a hurry to hold elections that may enable him to become the next PM, and is worried that «pro-BNP» and «pro-Jamaat» sentiments may dilute if elections are delayed. However, the student leadership has a different view. It does not have a political structure and wants time to create a party before contesting the polls.

Mint. About the Ganga water treaty renewal, the minister said, “We are moving forward positively." The Ganga treaty will complete 30 years in 2026 and calls for a renewal. Queries sent to the spokesperson of the Bangladesh High Commission in New Delhi, and the concerned departments of Sikkim and West Bengal governments remained unanswered at press time.

influx from Bangladesh into Assam due to ongoing disturbances, Assam Chief Minister Himanta Biswa Sarma assured that stringent security measures have prevented any unauthorized entry. Highlighting that the Indo-Bangladesh border is being vigilantly monitored, he confirmed that no individuals from Bangladesh have entered Assam without valid documentation. Sarma addressed the media in Guwahati, emphasizing, «Government of India has instructed the state government to completely secure the Indo-Bangladesh border so that no one can come inside the country. Accordingly, the Assam government is maintaining strict vigil in the border area and as of now no one has entered our country except those having valid visa and passport and genuine and bonafide citizens of this country.» He expressed confidence in the central government's efforts, stating, “However, I do hope the government of India will do everything possible and I am sure the Prime minister is doing everything possible to ensure the safety and security of Hindus, Sikha, Buddhist Jains and Christian people in Bangladesh.”

political turmoil in Bangladesh not only toppled the government but also claimed many casualties. Among those who lost their lives in the uprising, was actor Shanto Khan. The actor and his father Selim Khan perished from mob violence on Monday. Khan Sr was the chairman of Laxmipur Model Union Parishad and a film producer. Local media reports indicate that Shanto and his father were trying to escape when they encountered a hostile crowd at Forkkabad Bazaar in Balia Union Parishad. According to a Dhaka Tribune article, they fired shots from a pistol in self-defense but were subsequently attacked and beaten to death by another mob near Bagara Bazaar.

Muhammad Yunus will helm Bangladesh's interim government after the ouster of premier Sheikh Hasina, who had hounded him in speeches and through the courts. The 84-year-old, known as the "banker to the poorest of the poor", was awarded the Nobel Peace Prize in 2006 for his work loaning small cash sums to rural women, allowing them to invest in farm tools or business equipment and boost their earnings. Grameen Bank, the microfinance lender he founded, was lauded for helping unleash breakneck economic growth in Bangladesh and its work has since been copied by scores of developing countries.

Bangladesh is set to get a new, interim government headed by Nobel Peace Prize-winning economist Muhammad Yunus on Thursday, after weeks of tumultuous student protests forced Prime Minister Sheikh Hasina to resign and flee to India. Yunus, 84, Bangladesh's only Nobel laureate and a harsh critic of Hasina, was recommended for the job by the student protesters who led the campaign against Hasina. He was expected to be sworn in as chief adviser along with a team of advisers later on Thursday in an interim government which the army chief said may include 15 members, although discussions on the names continued till late on Wednesday.

BSF Salbagan, Agartala, Tripura to review the security and operational preparedness of BSF on Indo-Bangladesh border. DG BSF landed at the Agartala Airport on Wednesday where he was received by Patel Piyush Purusottam Das, IG BSF Tripura Frontier. DG BSF was given an operational briefing by IG Tripura Frontier and further DG BSF chaired a meeting with senior officers of BSF and discussed the ongoing law and order situation in Bangladesh and its implications on the security scenario.

Every crisis comes twinned with opportunity—not just to solve the proximate problem, but also to effect a paradigm shift, away from the conditions that led to the crisis. So it is with Bangladesh.

Nobel Laureate economist Muhammad Yunus is expected to return to Bangladesh on Thursday, Bangladesh-based Dhaka Tribune reported. Yunus will arrive at Hazrat Shahjalal International Airport in Dhaka on an Emirates flight from Dubai at 2.10 pm, subject to the flight being on time, Dhaka Tribune reported, quoting a statement from Yunus Centre. Yunus' return comes as he is set to take on a significant role as head of the interim government, following a meeting with President Mohammed Shahabuddin.

Gajendra Singh Shekhawat on Wednesday said that political instability in Bangladesh is unfortunate as an elected government was toppled there but government of India is vigilant against any negative impact of the situation here. The minister while speaking on sidelines of a function here in Srinagar said that a country cannot chose it's neighbours but ensured that the borders of India are safe and secure. «Undoubtedly this is unfortunate that there is political instability in our neighborhood and an elected government was toppled like this. An individual can chose everything but not his neighbour,» said Shekhawat. He further stated that «GoI is vigilant and keeping a tab on the situation in the neighborhood keenly. We are aware to fact that this situation (in Bangladesh) should have no negative impact on India.»

Noakhali area. As violence raged in Bangladesh, 16 monks and disciples of ISKCON temple in Meherpur had to flee and take shelter in undisclosed locations after the temple was set ablaze on August 5, ISKCON Temple-Meherpur director Sumohan Mukunda Das told ET over phone from Bangladesh. The majority community students are now taking turns to guard and protect the minorities in Noakhali.

integrated check posts along the Indo-Bangladesh border following turmoil in neighbouring Bangladesh. The land custom stations at Golakganj and Mankachar in Assam were to be upgraded to integrated check posts while Sabroom land port, inaugurated by Prime Minister Narendra Modi in March, was to start from August 14, on the eve of India's Independence Day, said officials. «Some land custom stations were selected for being developed as integrated check posts by the Ministry of Home Affairs in 2021,» said officials, adding that both Mankachar and Golakganj are in Dhubri division of Assam. «Sabroom is the third land port after Agartala and Srimantapur in Tripura. It provides the northeastern region direct access to the Chittagong sea port in Bangladesh, which is 75 km away compared to the Kolkata/Haldia Port that is 1,700 km away,» they said.

Bangladesh, currently in India, will stay here for some more time and has no plans to leave India yet, according to Sheikh Hasina's son Sajeeb Wazed Joy. There is no decision for Hasina to move from India to another destination yet, he said. «Hasina is well and my sister is with her but the former PM is very upset,» Joy said. She is upset that Bangabandhu (her father) gave his life for the country, and the country achieved so much progress but she was hounded out, Joy said. Joy warned if the security establishment cannot restore law and order, Bangladesh would face the same fate as Pakistan's. He said he is waiting to see how Nobel laureate Md Yunus would run the country.

Bangladesh, two days after the Sheikh Hasina government collapsed. A special evacuation flight returned to New Delhi early in the morning with 199 adults and six infants on board. The flight, which took off without any passengers, was arranged at a «very short notice», according to people with knowledge of the matter.

Following a proposal from the student movement's coordinators, Yunus' name was finalised late on Tuesday as the head of the interim government. The government will be formed once decisions regarding the other members are made. The interim government will be sworn in on Thursday, the Bangladesh Army chief announced on Wednesday.

Mint explores the potential impact of regional instability on not just India’s trade but also internal security. Let’s begin with the political crisis and civil unrest in Bangladesh, with which India shares a 4,096 km border, its longest with any of its neighbours. Although Bangladesh has announced an interim government headed by Nobel Laureate Muhammad Yunus, the riots haven’t abated.

Nobel Peace Prize laureate Muhammad Yunus has been chosen to head Bangladesh’s interim government after student protests sparked an uprising that toppled the former leader

rising unemployment, among other issues. Sheikh Hasina, the daughter of Bangladesh's founding leader Sheikh Mujibur Rahman, has been in power consistently since 2009: a period that also marked the country’s economic transformation and political stability. However, Bangladesh’s economic turnaround met with mass political unrest as Hasina’s governance began appearing dictatorial and elections were seen internationally as a mere formality.

Bangladesh, Assam Chief Minister Himanta Biswa Sarma raised concern on Wednesday over the illegal infiltration from Bangladeshi borders, stating that the situation can force some people to come to India. «On the situation in Bangladesh, Assam CM Himanta Biswa Sarma says, „The incident that happened in Bangladesh is concerning; there are two angles. One is that if such unrest continues in Bangladesh, then some people will be forced to come to India so we have to secure our borders,“ Sharma said. Himanta Biswa Sharma also voiced the possibility of Bangladesh becoming a safe ground for terrorist activities in the future.