Bangladesh Financial News

Supreme Court on Thursday asked the Centre to furnish the number of individuals who have been conferred citizenship under Section 6A of the Citizenship Act and details of administrative steps taken to deal with illegal immigration into the country, particularly into northeastern states. A five-judge constitution bench headed by Chief Justice of India (CJI) DY Chandrachud also directed the government to submit the estimated inflow of illegal immigrants into India, including, but not confined to Assam, after March 25, 1971. Under Section 6A — a special provision inserted into the Citizenship Act, 1955, as part of the Assam Accord in 1985 — people who migrated to Assam between January 1, 1966, and March 25, 1971, were allowed to register themselves as citizens. The Supreme Court also demanded to know the number of foreigners detected under the orders of foreigners' tribunals between January 1, 1966, and March 25, 1971, during the resumed hearing of a clutch of petitions challenging the constitutionality of Section 6A. It also summoned information «in respect of persons who are alleged to have entered India after March 25, 1971, (a) the total number of foreigners' tribunals set up by the central government, (b) the total number of cases disposed of, © the number of cases pending as on date, (d) the average time taken for disposal of cases, and (e) the number of cases pending before the Guwahati High Court on such issues». The bench asked the Centre to explain as to why Assam was «singled out» for action against illegal migration, especially when West Bengal shares a much larger border with Bangladesh. «What is the government doing now to ensure an impermeable border?» the bench asked solicitor general Tushar Mehta,

NSA Ajit Doval participated in the 6th NSA-level Meeting of the Colombo Security Conclave on Thursday in Port Louis, Mauritius to give push to steps to stabilise Indian Ocean Region. The Colombo Security Conclave was established in 2020 when India, Sri Lanka and Maldives agreed to expand the scope and membership of their Trilateral Meeting on Maritime Cooperation. Mauritius joined the conclave at the 5th NSA-level meeting of the Conclave on 09-10 March 2022 held in Male, Maldives. Cooperation under the CSC focuses on five pillars of cooperation including maritime safety and security, countering terrorism and radicalization, combating trafficking and transnational organized crime, cyber security and protection of critical infrastructure and humanitarian assistance and disaster relief.

An alliance of bond investors representing $5 trillion in assets says its first study of sovereign issuers shows most of their climate pledges lack the necessary ambition.

Sam Bahadur’ has made quite an impact both at the box-office as well as on the audience, despite facing stiff competition from the Goliath, the Ranbir Kapoor-starrer ‘Animal’. On December 7, Harsh Mariwala, the founder and Chairman of Marico, took to X (formerly Twitter) and heaped praises on the Vicky Kaushal-starrer. The business tycoon gushed about Kaushal’s tour-de-force performance as Sam Manekshaw, India’s first Field Marshal, and called it “nothing short of spectacular.” He also lauded director Meghna Gulzar for celebrating the contributions and life of a “strategic genius”, who till recently was often ignored by the annals of Indian history. “The film brilliantly captures key historical events involving Bangladesh, Pakistan, and China, offering a window into important chapters of the past. Vicky Kaushal's portrayal of Sam Manekshaw is nothing short of spectacular, bringing to life the charisma and courage of this celebrated military leader. Meghna Gulzar and her team have done a commendable job in highlighting the contributions of a strategic genius whose story, despite its significance, might have remained largely uncelebrated,” reads his tweet.

Bangladesh wicketkeeper-batter Mushfiqur Rahim on Wednesday became only the 11th player in Test cricket history, and first in 22 years, to be given out for "obstructing the field" on the opening day of the second match against New Zealand here. Rahim, who became the first Bangladesh batter to be dismissed in this way, blocked a climbing delivery from New Zealand pacer Kyle Jamieson in the fourth ball of the 41st over, and then tried to keep the ball away with his right hand even though it was far from the off-stump. The Kiwis quickly appealed and the on-field umpires referred the matter to the TV umpire Ahsan Raza who gave Rahim out.

Ravi Bishnoi only made his international debut at the start of 2022, but some consistent performances for Team India has seen the 23-year-old rise four spots on the updated rankings to claim the premier position. Ravi Bishnoi was recently named Player of the Series during India's successful 4-1 series triumph over Australia on home soil and has picked up a total of 34 wickets from 21 T20I matches since debuting against the West Indies in February 2022.

Mirpur on Wednesday. Mushfiqur Rahim was given out obstructing the field in the 41st over, leaving his side five down as he became only the first Bangladesh Men's batter to be dismissed in this fashion. Mushfiqur Rahim defended the ball and extended his right hand to keep the ball away which looked to come out of instinct albeit the ball was far from the stumps.

Bangladesh head coach Chandika Hathurusingha wants his players to guard against complacency as it tries to secure a first series win against New Zealand in the second and final test. Bangladesh won the first test in Sylhet by 150 runs to close in on a landmark series victory. The only top-level teams that Bangladesh has ever beaten in a two-match test series are Zimbabwe and West Indies. «I can't see complacency in the team. If I see any action of complacency, I will have one to one chat,» Hathurusingha said ahead of Wednesday's opening day.

Sam Bahadur’ has become the talk of town thanks to leading man Vicky Kaushal’s impeccable performance as Sam Manekshaw, India’s first Field Marshal. On Monday, dairy giant Amul paid a touching tribute to the Meghna Gulzar directorial. Taking to X (formerly Twitter), Amul shared a colourful animation of the movie’s poster. The picture has Vicky Kaushal as Sam Manekshaw, looking dashing in a uniform. Dropping the picture, Amul wrote, “#Amul Topical: Biographical war drama on India’s first field marshal!” The picture had the caption, “Sam Maskashaw’. Kaushal later thanked the dairy brand for the super special shoutout. Sharing the poster, Kaushal wrote, “Iss Amul-ya pyaar ke liye shukriya, Sweetie!!”” The post gained over 72K likes on Instagram.

Russian firms are planning to enter into joint ventures (JVs) in India to set up units in the aluminium and beverage sectors that will give a big push to Make in India. Russia’s premium wine maker Boris Titov is entering into a JV with an Indian partner to set up a unit near Delhi to produce sparkling wine. “I was recently in India to discuss a business plan. I have received a positive response.

Indian Navy has planned to deploy both its aircraft carriers INS Vikramaditya and INS Vikrant on the eastern seaboard during Milan-2024, a flagship international naval exercise hosted by Vizag from February 19-27 next year, a senior official said on Sunday. «The event will be held under the aegis of the Eastern Naval Command (ENC) of the Indian Navy with likely participation from nearly 50 friendly countries as a delegation, and 20 foreign warships along with one maritime patrol aircraft,» said Vice Admiral Rajesh Pendharkar, Flag-Officer Commanding-in-Chief (FOC-in-C) Eastern Naval Command.

By Gloria Dickie

FDI) proposals worth about Rs one lakh crore since April 2020 from countries sharing land border with India and half of those applications have been cleared so far, a top official said. The remaining are either pending or withdrawn or rejected by the government. In April 2020, the government came out with a press note under which the Centre made its prior approval mandatory for foreign investments from countries that share land border with India to curb opportunistic takeovers of domestic firms following the Covid-19 pandemic.

New Zealand all-rounder Daryl Mitchell completed 4,000 runs in international cricket on Saturday. Mitchell achieved this milestone during Bangladesh's first Test against New Zealand at Sylhet. In the match, Mitchell performed well with the bat, scoring 41 in the first innings and posting a knock of 58 in the second innings.

West Bengal as an earthquake of 5.6 magnitude hit neighbouring Bangladesh on Saturday morning. According to the National Center for Seismology, the earthquake took place in southeastern Bangladesh at a depth of 55 km at 9.05 am.

earthquake measuring 3.4 on the Richter scale jolted India's northernmost region of Ladakh this morning at 8.25 am, as per the National Center for Seismology (NCS), ANI reported. The NCS confirmed that the seismic activity was felt in the area, with the epicentre located at a latitude of 35.44 and a longitude of 77.36.

Amit Shah on Friday said the country is on the verge of winning the fight against naxalism and the Border Security Force (BSF) has played a key role in this direction. Shah said this during his address to BSF troops on the occasion of the force's 59th Raising Day here at RJhansi Parade Ground Training Centre and School at Hazaribagh «We are on the verge of winning the fight against naxalism in the country… The area of naxalism is decreasing continuously and our personnel of the CRPF and the BSF are committed to completely rooting out the naxalism,» the union home minister said. The Minister also extended his best wishes to all the soldiers of the border guarding force and their families and said that the country is proud of the BSF, which keeps the borders of the country impenetrable with its bravery and valour. «Along with the security of the country, BSF has also made many records in disaster management and environmental protection,» Shah said. «A country can never be developed and prosperous if its borders are not secure.

Pakistan Rangers always deny use of its territory for sending drones into India, BSF director general Nitin Agarwal has said. Drones carry narcotics, arms and improvised explosive devices, Agarwal said in Hazaribagh on Thursday during the annual news conference on the eve of BSF raising day. Punjab has a 553 km border with Pakistan and smuggling of narcotics through the land border from Pakistan has been a cause of major concern. The National Investigation Agency is probing the nexus between narcotic smugglers and gangsters.

Digital asset investment platform Fasset was granted an operational license on Nov. 29, according to a listing on the Dubai Virtual Asset Regulatory Authority (VARA) website.

Onion prices have nearly doubled in a year. The all-India retail price of onions increased 94.39% to Rs 57.85 a kilogram on November 29 from Rs 29.76 per kg a year ago, according to the government data. This happened despite India continuing to be the world's second largest grower of onions and producing multiple crops a year. How have onion prices moved in the past few months? Onion prices started to climb in Maharashtra’s Pimpalgaon and Lasalgaon wholesale markets, Asia’s largest, in the second week of August.

As the world gathers for CoP-28 in the UAE, world leaders will need to demonstrate leadership and diplomacy to accelerate global climate action. This must be done in the context of the pressing realities of climate change, economic cycles and current geopolitics. My recommendations on what they should do are below: Greater mitigation commitments by developed countries: The carbon budget to limit global warming to 1.5° Celsius was last estimated in 2020.