Bangladesh Financial News

Sheikh Hasina, one person took a bag full of the former Prime Minister's saree. The protests which lasted for weeks resulted in hundreds of deaths in Bangladesh with curfews being imposed and the internet being restricted. A viral video on social media showed a man with a bag on his head. When inquired, he said it contained Sheikh Hasina's saree. The man doubled down on his remarks and claimed that he would give the sarees to his wife, and make her the PM. «I am going to make my wife the PM,» he said.

Sheikh Hasina's resignation as Prime Minister and departure from Bangladesh created multiple uncertainties for India. For over one-and-a-half decade she was New Delhi’s strongest ally, and during this time, India-Bangladesh relations reached new heights. The bilateral ties flourished with advances in cross-border trade, transit arrangements, security collaboration, and people-to-people exchanges. However, Hasina’s ouster casts doubt on these achievements. The protests that led to her departure also carried an anti-India sentiment, given the close association perceived between Hasina and New Delhi.

IndiGo cancelled scheduled flights to and from Dhaka with immediate effect on Monday due to the emerging situation in the wake of Bangladesh Prime Minister Sheikh Hasina resigning amid unprecedented anti-government protests. A Vistara official said it operated the flight from Mumbai on Monday and the situation is being monitored for operations to Dhaka on Tuesday. While Air India operates two daily flights from Delhi to Dhaka, Vistara flies daily flights from Mumbai and three weekly services from Delhi to the Bangladesh capital. IndiGo has flights to Dhaka from the national capital, Mumbai, Chennai and Kolkata. The number of flights that are operated by the airline could not be immediately ascertained.

Kangana Ranaut on Monday said it is a matter of great honour that Bangladesh leader Sheikh Hasina «feels safe in Bharat» after Hasina resigned as prime minister and landed near Delhi in a military aircraft amid unrest in her country. Ranaut, a national award-winning actor and BJP MP from Mandi in Himachal Pradesh, also criticised those questioning "Hindu Rastra (a Hindu nation)". She claimed that Muslim countries are not safe «even for Muslims». «Bharat is the original motherland of all Islamic Republics around us. We are honoured and flattered that honourable Prime Minister of Bangladesh feels safe in Bharat but all those who live in India and keep asking why Hindu Rashtra? Why Ram Rajya? Well it is evident why!!! »No one is safe in Muslim countries not even Muslims themselves. Unfortunate whatever is happening in Afghanistan, Pakistan, Bangladesh and Britain. We are lucky to be living in Ram Rajya," the 38-year-old MP, who has often courted controversies with her remarks, said in a post on X.

Mint goes into the details on the latest developments in Bangladesh and the implications for India. The protests were triggered by students seeking the dismantling of quota-based reservations in government jobs. The unrest snowballed after a court ruling in June reinstated reservations in government jobs.

With Prime Minister Sheikh Hasina Wajed's resignation and flight and the army's assumption of power, albeit in the guise of an interim government, military rule has returned to Bangladesh over three decades after it was forced out in 1990. Parliamentary elections were held in 1991, and elected governments have held office in the country since.

Sheikh Hasina, who resigned as Bangladesh Prime Minister following massive anti-government protests, landed at Hindon Air Base in a C-130 transport aircraft on Monday, as per ANI sources. The aircraft will be parked near the Indian Air Force’s C-17 and C-130J Super Hercules aircraft hangars. The aircraft movement was monitored by Indian Air Force and security agencies from its entry into Indian airspace to Hindon airbase in Ghaziabad, the sources added. Hasina resigned on Monday and left the country, reports from Dhaka said.

Sheikh Hasina has landed at Hindon Air Base in a C-130 transport aircraft, reported news agency ANI. The move of Hasina comes as the airport remains under protection with fewer flights operating from the base. The aircraft will be parked near the Indian Air Force’s C-17 and C-130J Super Hercules aircraft hangars. The aircraft movement was monitored by Indian Air Force and security agencies from its entry into Indian airspace to Hindon airbase in Ghaziabad, reported ANI quoting its sources. Hindon Airport is a Civil Enclave in Ghaziabad Distt. of Uttar Pradesh, operated by the Airports Authority of India at Hindan Air Force Station. It is the second commercial airport in the Delhi NCR which is around 24km from New Delhi Railway Station connected by Major Mohit Sharma Rajender Nagar Metro Station of Ghaziabad, after Indira Gandhi International Airport,Delhi. This airport built to handle domestic flights operating under the Government's Regional Connectivity Scheme (RCS) operated by Airports authority of India.

Bangladesh Air Force's flight 'AJAX1431', possibly carrying former Prime Minister Sheikh Hasina, has become the most-tracked flight on Flightradar24. Departing from Dhaka, the flight attracted significant attention, with over 22,000 users closely monitoring its journey. Real-time data from the flight tracking portal showed 'AJAX1431' gaining immense interest. Media reports speculated that Hasina might flee to India or the UK. At the time of publishing, the flight was moving across Bihar.

Bangladesh Prime minister Sheikh Hasina earlier fled the country for an unknown location, bringing a turbulent end to the past few days' raging protests that took the country by storm. Following Hasina's flight, Bangladesh military chief Waker uz Zaman sought to calm the tension and said in a televised address that the forces would help form an interim government.

LIC on Monday said its office in Bangladesh will remain closed till August 7. Over 100 people were killed in the last two days in fierce clashes between security forces personnel and anti-government protesters in different parts of Bangladesh, according to reports from Dhaka. In a regulatory filing, LIC said, «The office of LIC of Bangladesh Ltd will remain closed during the period from August 05, 2024 to August 07, 2024, due to the prevailing socio-political situation in Bangladesh.» The government of Bangladesh has declared a curfew for 3 days from August 05, 2024, to August 07, 2024, LIC said.

Sheikh Hasina reportedly resigned today and left the country amid massive protests against her government. The demonstrations, which have led to the deaths of over 106 people since Sunday, were sparked by a controversial quota system. This system reserved 30 percent of government jobs for relatives of veterans who fought in Bangladesh's War of Independence in 1971. However, there has been no official confirmation regarding her resignation or departure from Dhaka. The news channel reported that Hasina was forced to quit as prime minister due to the protests. The army chief is expected to address the nation shortly, according to various reports. Amid all these reports, a video has gone viral in which a woman can be seen leaving Dhaka in a military helicopter.

Stay tuned for more updatesBangladesh violence LIVE: “Representatives of main political parties were present in discussion with Army. Request students to stay calm and go back home," Bangladesh Army Chief said.Bangladesh violence LIVE: Bangladesh's army chief Waker-Uz-Zaman said he will form an interim government, reported AFP"We will form an interim government," Waker said in a broadcast to the nation on state televisionBangladesh violence LIVE: Army Chief said PM Sheikh Hasina has resigned, an interim government will run the country, reported ReutersBangladesh violence LIVE: Armed soldiers patrol deserted streets of Dhaka as a strict curfew remains in place following a day of violent clashes between security forces and protesters that claimed hundreds of lives across the country.Bangladesh violence: Bangladesh Prime Minister Sheikh Hasina has resigned and left the country, local media reports say.

United Nations' human rights chief Volker Turk said Sunday the «shocking violence» in Bangladesh must end, as he urged the government to stop targeting peaceful protesters. Hundreds of thousands of Bangladeshi protesters demanding the resignation of Prime Minister Sheikh Hasina clashed with government supporters Sunday, with scores killed in one of the deadliest days since demonstrations began. «The shocking violence in Bangladesh must stop,» Turk said in a statement.

Bangladesh is on edge once again as at least 91 people, including 14 policemen, were killed and hundreds injured on Sunday in fierce clashes between protesters demanding Prime Minister Sheikh Hasina's resignation and the ruling party supporters in different parts of the country. The clashes broke out when protesters attending the non-cooperation programme under the banner of Students Against Discrimination with the one-point demand of the government's resignation faced opposition from the supporters of Hasina-led Awami League. As violence escalated, the home ministry imposed an indefinite countrywide curfew from 6 pm and blocked the use of certain social media platforms. A three-day public holiday has been announced starting Monday.

Protests in Bangladesh that began as student-led demonstrations against government hiring rules have spiralled into violence killing more than 260 people and sparking widespread calls for the premier to resign. Here are five key dates spanning the protests posing a daunting challenge to the autocratic rule of 76-year-old Prime Minister Sheikh Hasina, leader of the South Asian nation of about 170 million people. — July 1: Blockades begin - University students build barricades blocking roads and railway lines to demand reforms of a quota system for sought-after public sector job hires.

protesters calling for Prime Minister Sheikh Hasina to resign. The unrest, which spurred the government to shut down internet services, is its biggest test since deadly protests when Hasina won a fourth straight term in January elections boycotted by the main opposition Bangladesh Nationalist Party. Critics of Hasina, along with human rights groups, have accused her government of using excessive force to stamp out the movement, a charge she and her ministers deny.

Bangladesh has accused the Pakistan High Commission in Dhaka of interfering in the internal affairs of the country through its tacit support and active guidance to the radical student protestors in the country. This comes as the movement led by radical Jamaat-e-Islami and the opposition BNP intensified in Bangladesh. Several reports suggested that the Pakistan mission is in touch with a section of student protesters belonging to pro-Pakistan Jamaat, which is banned in Bangladesh. The country has seen weeks of often violent protests over Prime Minister Sheikh Hasina-led government's decision to offer quota in government jobs to children of 1971 freedom fighters as opposed to family members of pro-Pakistan and anti-liberation figures during the country's freedom struggle.

Sheikh Hasina's invitation for talks while protesters laid siege on major streets in the capital, days after more than 200 people died in anti-quota protests. Bangladesh recently witnessed violent clashes between the police and mostly student protesters demanding an end to a controversial quota system that reserved 30 per cent of government jobs for relatives of veterans who fought in Bangladesh's War of Independence in 1971. Witnesses said students protesting blocked major roads of Dhaka causing traffic snarls while officials said security forces were ordered to keep intensified vigil as protesters started rallying at different city points. On Friday, Prime Minister Hasina urged the agitating students to meet at her Ganabhaban official residence for talks to end the violence over the quota system in government jobs.

BSF Director General (DG) Nitin Agrawal and his deputy Special DG (West) Y B Khurania, sending them back to their respective state cadres with immediate effect, according to a government order. Agrawal is a 1989-batch Kerala cadre officer, while Khurania belongs to the 1990-batch of the Odisha cadre. Agrawal had taken charge as the Border Security Force chief in June last year. Khurania, as the special DG (West), was heading the formation of the force along the Pakistan border. Separate orders issued by the Appointments Committee of the Cabinet (ACC) conveyed they were being «prematurely» repatriated with «immediate effect.»

When Bangladesh makes international news, it’s usually for tragedies: devastating cyclones, massive industrial accidents, grisly terrorist attacks. Even by those dismal benchmarks, the latest story from Bangladesh stands out—the deaths this month of more than 200 people during a government crackdown on student protests. The violence may signal the beginning of the end for 76-year-old Prime Minister Sheikh Hasina, under whose increasingly autocratic rule the country has turned into a de facto one-party state.