Bangladesh Financial News

Bangladesh: More than 115,000 Bangladeshis left their coastal villages on Sunday for concrete storm shelters further inland as the low-lying nation prepared for crashing waves when a cyclone makes landfall, officials said. Cyclone Remal is set to hit the southern coast and parts of neighbouring India on Sunday evening, with Bangladesh's weather department predicting howling gales and gusts of up to 130 kilometres (81 miles) per hour.

Tripura government on Sunday issued a red alert in four districts — South, Dhalai, Khowai, and West — in the wake of severe cyclonic storm 'Remal' which is likely to make landfall between Bangladesh and adjoining West Bengal coasts by midnight. «On Sunday, the chief secretary convened a meeting of the state executive committee of disaster management with all stakeholders to review the preparedness for 'Remal'. Officials from the revenue and meteorological departments, Airports Authority of India and security forces attended the meet,» revenue secretary Brijesh Pandey told reporters. «Thunderstorms with lightning, squally winds reaching speeds of 60 kmph, gusting to 70 kmph, and heavy to very heavy rainfall are likely in isolated areas of South, Dhalai, Khowai, and West Tripura districts on May 27. Hence, a red alert has been issued in these four districts,» he added. Pandey mentioned that orange and yellow alerts have been issued for the remaining districts for May 27 and 28.

India has recorded a trade deficit, the difference between imports and exports, with nine of its top 10 trading partners, including China, Russia, Singapore, and Korea, in 2023-24, according to official data. The data also showed that the deficit with China, Russia, Korea, and Hong Kong increased in the last fiscal compared to 2022-23, while the trade gap with the UAE, Saudi Arabia, Russia, Indonesia, and Iraq narrowed. The trade deficit with China rose to USD 85 billion, Russia to USD 57.2 billion, Korea to USD 14.71 billion and Hong Kong to USD 12.2 billion in 2023-24 against USD 83.2 billion, USD 43 billion, USD 14.57 billion and USD 8.38 billion, respectively, in 2022-23. China has emerged as India's largest trading partner with USD 118.4 billion of two-way commerce in 2023-24, edging past the US.

Bangladesh Meteorological Department elevated its storm danger signal to the maximum level of 10 for two ports and nine coastal districts in the South Asian country, issuing warnings via loudspeakers.Also Read | Live updates on Cyclone Remal in India and BangladeshThe coastal regions of these South Asian neighbours have faced numerous severe storms in recent years. In 2021, Cyclone Yaas rendered over 50,000 people homeless and resulted in at least one fatality.

Cyclone Remal Live Updates"The CS "Remal" over North BoB about 290 km S SE of Sagar Islands(WB) 300 km S SW of Khepupara(Bangladesh) and 320 km S SE of Canning (WB). To intensify into a severe cyclonic storm in next 06 hours and cross between Bangladesh and adjoining WB coasts around 26 midnight as SCS," the IMD posted on X on Sunday morning.The cyclone has been named ‘Remal’ by the established naming protocol for cyclones in the Indian Ocean region.This naming convention is standardized for tropical cyclones in the North Indian Ocean, spanning the Arabian Sea and the Bay of Bengal.As part of the Regional Specialised Meteorological Centres (RSMCs), the IMD collaborates with 12 other regional countries to designate names for tropical cyclones.The name ‘Remal’, proposed by Oman, holds significance as it translates to ‘sand’ in Arabic.The IMD predicts that the cyclone will bring heavy rainfall and strong winds to West Bengal, coastal Bangladesh, Tripura, and other northeastern states.Originating as a low-pressure area on May 22 in the Bay of Bengal, it has since intensified into a depression, now positioned in the North Bay of Bengal.Also Read: Cyclone Remal to hit Bengal today: IMD issues severe warning in THESE states; flights suspended in Kolkata.

Top Events on May 26: India is all set to witness various political, international, technological, and sports events on Sunday. Congress leaders Mallikarjun Kharge and Rahul Gandhi will address poll rallies in Odisha. South Korea, China, and Japan will hold their first trilateral summit today.

India Meteorological Department (IMD) issued a severe warning in northeastern region. Apart from extremely heavy rainfall in coastal regions of Bangladesh and West Bengal, it will also have its affect in Tripura, and some other parts of northeastern statesAccording to the Regional Meteorological Department of Andhra Pradesh, "Deep Depression intensified into a Cyclonic Storm 'Remal' over North and adjoining east-central Bay of Bengal."The Met department further said, "It is very likely to continue to move nearly northwards and intensify into a severe cyclonic storm by May 26 morning over Northwest and adjoining Northeast Bay of Bengal and cross Bangladesh and adjoining West Bengal coasts between Sagar Island and Khepupara by May 26 midnight as a Severe Cyclonic Storm with a wind speed of 110-120 gusting to 135 kmph.""The Deep Depression over East-central Bay of Bengal moved nearly northward with a speed of 12 kmph during past 6 hours, intensified into a Cyclonic Storm 'Remal' and lay centred at 1730 hrs IST of today, May 25, 2024, over the North and adjoining East central Bay of Bengal near latitude 18.8°N and longitude 89.5°E, about 360 km south-southeast of Khepupara (Bangladesh), 350 km south-southeast of Sagar Islands (West Bengal) and 390 km south-southeast of Canning (West Bengal)," it said.

Kolkata airport have decided to suspend flight operations for 21 hours from Sunday noon in view of the possible impact of cyclone Remal, an official said here. The precautionary measure was taken after a meeting of the stakeholders of the Netaji Subhas Chandra Bose International (NSCBI) Airport here on Saturday.

influx from Myanmar into Mizoram continues as in last 10 days as many as 1,430 Myanmarese nationals took shelter in Mizoram.

Venue : Prairie View Cricket Complex, Prairie View, Texas USA squad - Aaron Jones, Gajanand Singh, Milind Kumar, Nitish Kumar, Shayan Jahangir, Corey Anderson, Juanoy Drysdale, Nisarg Patel, Shadley van Schalkwyk, Steven Taylor, Andries Gous, Monank Patel, Ali Khan, Harmeet Singh, Jessy Singh, Nosthush Kenjige, Saurabh Netravalkar, Yasir Mohammad Bangladesh squad - Mahmudullah, Najmul Hossain Shanto, Tanzid Hasan, Towhid Hridoy, Afif Hossain, Mahedi Hasan, Shakib Al Hasan, Soumya Sarkar, Jaker Ali, Litton Das, Hasan Mahmud, Mustafizur Rahman, Rishad Hossain, Shoriful Islam, Tanvir Islam, Tanzim Hasan Sakib, Taskin Ahmed USA vs Bangladesh Match Details 3rd T20I of Bangladesh tour of USA, 2024 between USA and Bangladesh to be held at Prairie View Cricket Complex, Prairie View, Texas at 08:30 PM.

KKR vs SRH IPL 2024 Final: The 2024 season of the Indian Premier League is down to its final game, as Shreyas Iyer-led Kolkata Knight Riders and Pat Cummins-led Sunrisers Hyderabad will face off at the grand MA Chidambaram Stadium on Sunday. The IPL fans are excited about the upcoming thriller, but the latest cyclone advisory by the Indian Metrological Department (IMD) has raised the suspense. The weather department has issued a forecast that Cyclone Remal is set to make landfall in Bangladesh and several parts of India on May 26.

Cyclone Remal Live Updates: The Indian Meteorological Department (IMD) issued a warning against severe Cyclone Remal on Saturday, which is expected to hit West Bengal on Sunday. The weather department said the cyclone will bring extremely heavy rainfall and strong winds to coastal regions of Bangladesh and West Bengal on May 26.

Bay of Bengal is expected to strengthen into a cyclonic storm by this evening (Saturday), according to the India Meteorological Department (IMD).

Remal will hit the coasts of West Bengal and Bangladesh on May 26.Here are top ten updates: 1. In a press release, on Friday, the IMD department said that the depression over the central Bay of Bengal has moved towards the northeast with a speed of 20 kmph during the past three hours. “It will likely continue to move north-eastward and intensify further into a cyclonic storm over the east-central Bay of Bengal by May 25th," it added.2, Director General of Meteorology, IMD, Mrutyunjay Mohapatra told ANI that by the midnight of 26 May, it will hit coastal areas of West Bengal when the wind speed is 110-120 kmph.

Cyclone Remal update: West Bengal, Bangladesh on alert as severe cyclone to hit on May 26; heavy rains predictedIsolated heavy rainfall is anticipated over Kerala from the 24th to 27th of May.Andaman & Nicobar Islands are forecasted to have widespread light to moderate rainfall till the 25th of May.On May 26th and 27th, coastal districts of West Bengal are forecasted to experience light to moderate rainfall at most places, with heavy to very heavy rainfall expected at isolated locations.Additionally, North Coastal Odisha will likely witness isolated heavy rainfall on May 25th and 26th of May.Also Read: IMD warns of heatwave in Delhi, 3 more states; Kerala on red alert for heavy showers; full forecast hereFrom May 27th to 28th, eastern districts of Sub-Himalayan West Bengal are expected to receive light to moderate rainfall at most places, with heavy to very heavy rainfall anticipated at isolated locations.On May 26th, light to moderate rainfall is expected at most places in Mizoram, Tripura, and South Manipur, with heavy to very heavy rainfall forecasted at isolated locations.On May 27th and 28th, Assam and Meghalaya, Arunachal Pradesh, Nagaland, Mizoram, Manipur, and Tripura are likely to experience light to moderate rainfall at most places, with heavy to very heavy rainfall anticipated at isolated places.Isolated extremely heavy rainfall is expected over Assam, Meghalaya on May 27th and 28th, Arunachal Pradesh on May 28th, and Mizoram, Tripura on May 27th.Fishermen are advised not to venture into the central Bay of Bengal till 26th May and the North Bay of Bengal from 25th May to 27th May.

Also Read: Bangladesh MP found dead in Kolkata: From India visit to murder, here's how things unfoldedAccording to officials, two of the criminals had put up at a hotel in New Market area in Kolkata for at least four days before the ‘killing’.The Member of Parliament (MP), who represented Jhenaidah-4 constituency in Bangladesh, had entered in India on on May 12. However, on May 18, Gopal Viswas, the family friend of the MP in Kolkata's Bidhannagar filed a missing complaint.According to PTI, an investigating officers in the West Bengal CID claimed that the plot to kill the MP was well-planned in January in Bangladesh's capital city.Kolkata Police said that the circumstantial evidence indicated that the MP was first strangulated and killed after which his body was chopped into pieces.The officer said that it seemed that the butcher was "illegally brought" to India to help them execute the crime."It's unthinkable, the way Anar's body was mutilated and then skinned to hide his identity.

It may soon intensify into a "severe cyclonic storm," the first of this year's pre-monsoon season. From his landfall timings to weather warnings to potential impact and advisory. Here are all your questions about Cyclone Remal answered:The latest cyclone, in its full formation, will be called Remal.

cyclone is forming in the Bay of Bengal and is expected to make landfall between Sagar Island in West Bengal and Khepupara in Bangladesh around midnight on Sunday, the India Meteorological Department (IMD) said on Friday. This cyclone is the first one to occur in the Bay of Bengal during this pre-monsoon season. It will be named Remal, following the naming system for cyclones in the Indian Ocean region. Also Read: Cyclone Remal: A severe cyclone is heading towards India; here's all you need to know The system is expected to become a cyclonic storm by Saturday morning. It will then intensify into a severe cyclonic storm by Saturday night.

PTI. In a new development in the case, the police are now suspecting that the Bangladesh MP could have been "lured" into a New Town flat by a woman and then murdered by contract killers.

PTI that the Election Commission of India (ECI) has cautioned district administrations to implement all necessary precautions at polling stations due to the impending storm. Furthermore, the state Chief Electoral Officer, Ariz Aftab also conducted a meeting with superintendents of police and state disaster management officials to assess the situation and instructed them to take essential measures to avert any unfavorable circumstances, the agency reported.

InterGlobe Aviation Ltd, which runs India’s largest airline IndiGo, more than doubled its net profit to ₹1,894.8 crore in the quarter ended March. In another news, severe heatwave conditions continued to grip parts of North India, while some states in the southern regions grappled with heavy rainfall.