Bangladesh Financial News

Lalduhoma met Prime Minister Narendra Modi and External Affairs Minister S Jaishankar to apprise them of the concerns of the Mizos and the issue of Myanmarese refugees, especially with the present proposal by India to fence the border with Myanmar. He also pushed for a Greater Mizoram as part of Akhand Bharat. During his first official visit after taking over as chief minister after winning the assembly polls on December last year, the Mizoram CM apprised the PM that the current border with Myanmar was forced upon the two ethnic groups without their prior consent.

Dollars worth Rs 1.39 crore ($166,900) was seized by the BSF at the International Border in West Bengal. BSF reported that its Intelligence Branch alerted on-duty personnel about the attempted smuggling of foreign currency in the Nadia Border Outpost (Betai area). After the information was received, an ambush was made at the said location. Upon sighting suspicious activities, the jawans surrounded the smugglers, who, taking advantage of darkness and dense fog, retreated towards India. Following a thorough search, four bundles of US dollar were found.

A decade ago, global fashion companies set out to raise the pay of workers who make the clothes they sell to a living wage. It hasn’t happened. In Bangladesh, the nearly 600,000 people making clothes for Swedish giant H&M—one of the biggest retailers in this space to start talking about paying living wages—earned an average of $119 a month in the first half of 2023, excluding overtime, the latest available data shows.

₹20 a kg in the local market after paying ₹45 for crops, packing, labour, stuffing, transport freight, clearance charges, and sea freight. Around ₹25 per kg losses are faced by the exporters for each container," he said. Exporters also suffered heavy losses at the Bangladesh border.

External Affairs Minister S Jaishankar opened up on the references to epic 'Ramayana' in his book 'Why Bharat Matters' and described India's rise through anecdotes of Lord Ram, Lord Lakshman and Lord Hanuman. Describing India's rise at the book launch event, Jaishankar talked about the sequence where Lord Ram strings the bow which marked his arrival at the stage. Comparing it to India, he said that India is also very close to that moment. The book 'Why Bharat Matters' written by S Jaishankar talks of India's quest to ascend the global hierarchy and 'New India' drawing strength from the country's civilisational heritage. Speaking at the event on Wednesday, Jaishankar said, «We are at that inflexion point (arrival at the big stage).

screws, the government on Wednesday prohibited the imports of certain kinds of screws- priced lower than Rs 129 per kg. “The import policy of screws...is revised from free to prohibited.

₹20 a kg in the local market after paying ₹45 for crops, packing, labour, stuffing, transport freight, clearance charges, and sea freight. Around ₹25 per kg losses are faced by the exporters for each container," he said. Exporters also suffered heavy losses at the Bangladesh border.

India's top gas importer Petronet LNG is likely to sign a deal this month to extend its long-term liquefied natural gas (LNG) imports from Qatar to beyond 2028, India's Oil Secretary said on Wednesday. Petronet has a 7.5-million metric ton per year (tpy) long-term LNG import deal with Qatar and its promoters Indian Oil Corp, Bharat Petroleum Corp and GAIL (India) Ltd has a 1 million tpy deal. Indian companies had until the end of 2023 to negotiate with Qatar for renewal of the deals to beyond 2028. «We are pretty close to signing the deal,» Oil Secretary Pankaj Jain told reporters. Qatar, the world's top LNG exporter, aims to expand its liquefaction capacity to 126 million tpy by 2027 from 77 million and has signed long-term deals with European majors Shell, TotalEnergies and ENI. It has also signed long-term gas deals with China's Sinopec, China National Petroleum Corp and Bangladesh.

A labor court in Bangladesh’s capital has sentenced Nobel Peace Prize winner Muhammad Yunus to six months in jail for violating the country’s labor laws

telecom tariffs are amongst the lowest in the world as a percentage of per capita gross national income (GNIpc), and the country's telcos have enough headroom to raise prices by at least 1.5x over the next 4-5 years, industry executives and analysts said. GNIpc is the dollar-value of a country's final income in a year divided by its population.

extended beyond December 31, 2014, and the persecuted minorities from Afghanistan, Bangladesh and Pakistan will be able to apply for citizenship online through a dedicated portal, once the rules for Citizenship Amendment Act (CAA), 2019, are notified, said a top official. They said that the long-pending rules may be notified soon.

CAA soon. Once the rules are issued, the law can be implemented and those eligible can be granted Indian citizenship," the government official said. When asked if the CAA rules will be notified before the Lok Sabha elections 2024, the official said, "Yes, much before that." "The rules are ready and the online portal is also in place and the entire process will be online.

By Ruma Paul and Sudipto Ganguly

New Delhi: India is considering proposals to connect Bangladesh’s strategically important Matarbari port to northeastern states, according to people aware of the matter. Bangladesh expects to boost exports once the country’s first deep sea port is built at Matarbari with assistance from Japan. The port will enhance exports to Southeast Asia, and other Asian markets, and improve its capability to handle cargo from international markets.

white label manufacturing for the global brands, now want to take Indian national and local brands to the international markets. The growing strength of home-grown brands, their capacity to offer international standards at reasonable rates than the international brands can help the Indian apparel industry achieve a higher share of the global apparel trade, thinks the Clothing Manufacturers' Association of India (CMAI). As a part of its efforts to take Indian brands to the international markets, CMAI had recently organised its first Brands of India exhibition in the UAE.

organisations have so far confirmed to be partners for the upcoming Vibrant Gujarat Global Summit (VGGS) 2024, the state government said on Saturday. The 10th edition of VGGS, based on the 'Gateway to the Future' theme, will be organised in Gandhinagar from January 10 to 12.

ULFA's pro-talks delegation, including 16 ULFA members and 13 from civil society, signed the agreement. This a significant pact as the banned ULFA-Independent has been the only major insurgent outfit in the state after the ULFA pro-talks faction signed the agreement with the Centre and Assam government. “It is a matter of joy for me that today is a bright day for the future of Assam.

ULFA)'s pro-talks faction on Friday signed a tripartite Memorandum of Settlement pact with the Centre and the Assam government on Friday in the presence of Union Home Minister Amit Shah. A 29-member delegation of the ULFA's pro-talks delegation, including 16 ULFA members and 13 from civil society, signed the agreement. This a significant pact as the banned ULFA-Independent has been the only major insurgent outfit in the state after the ULFA pro-talks faction signed the agreement with the Centre and Assam government. On the historic development, Union Home Minister Amit Shah asserted, «this is a new start of a period of peace for the whole Northeast especially Assam.» «I want to assure ULFA representatives that the faith you have kept in Govt of India, from the side of Ministry of Home Affairs(MHA), a programme will be made in a time-bound manner to fulfill everything, without you asking for it. Under MHA, a committee will be formed, which will work with the Assam govt to fullfill this agreement,» he added.

Aceh province. The Indonesian navy said a coast guard vessel detected a boat carrying Rohingya refugees entering Indonesia's waters on Wednesday. A helicopter from a navy ship subsequently spotted a wooden vessel nearing Weh island in north Aceh province.

NEW DELHI : India and South Korea are discussing joint development projects in neighbouring countries such as Sri Lanka and Bangladesh, according to persons aware of the matter. While talks are still in early stages, the development is significant as it reflects a renewed focus on bilateral relations between India and South Korea, with Seoul seen expanding its strategic interests beyond East Asia. Mint had earlier reported that South Korean president Yoon Suk-Yeol is eyeing a visit to India to push key projects and discuss strategic technologies, the Indo-Pacific Oceans Initiative and China-related matters.

Hardik Pandya is likely to miss the T20I series against Afghanistan, but will be fit before the Indian Premier League (IPL) from his ankle injury, a source told ANI. Pandya was part of India's ICC Cricket World Cup squad.