City Dhaka Financial News

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.

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.

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.

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.

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.

Students Against Discrimination staged nationwide rallies last month that ended in a police crackdown and the deaths of at least 206 people, according to an AFP count of police and hospital data. The group's leadership were among thousands picked up in the police dragnet that followed some of the worst unrest of Prime Minister Sheikh Hasina's 15-year tenure.

student protests in Bangladesh by Opposition BNP and its radical ally Jamaat-e-Islami may have had its genesis in the backdrop of panic that has set in BNP over the Hasina government's move to extradite BNP leader Tarique Rahman from UK where he is in self-exile since 2008.

Bangladesh situation remaining tense and volatile, notwithstanding the decision by the country's Supreme Court on Sunday to scrap the student reservation policy which is the genesis of the current crisis. Opposition BNP through the Jamaat-e-Islami has threatened to unseat the Hasina government and has launched a campaign to influence the country's Army to prevent it from safeguarding the dispensation. A fake letter signed by «junior officers» of Bangladesh Army was circulated with an aim to pressurise the Army Chief to take a neutral stand. Dhaka-based sources told ET that the country's security establishment is backing Prime Minister Sheikh Hasina. On Sunday Bangladesh's Supreme Court scrapped most of the quotas that have sparked protests and in which at least 114 people have been killed. The Supreme Court's Appellate Division dismissed a lower court order that had reinstated the quotas, directing that 93% of government jobs will be open to candidates on merit, without quotas, reports said.

Bangladesh’s top court on Sunday scaled back a controversial quota system for government job applicants after it led to nationwide unrest and deadly clashes between police and protesters that have killed scores of people. The Supreme Court in its verdict ordered 93% of the government jobs to be allocated on a merit-based system, leaving the remaining 7% for relatives of veterans who fought in Bangladesh’s war of independence in 1971 and other categories. Earlier, the system reserved 30% of such jobs the relatives of war veterans. Sunday's verdict comes after weeks of demonstrations — mostly led by students — that turned deadly on Tuesday after protesters began clashing with police. During the week, police fired tear gas and rubber bullets and hurled smoke grenades to scatter stone-throwing protesters who filled the streets and university campuses. Sporadic clashes in some parts of Dhaka, the capital, were reported on Saturday but it was not immediately clear whether there were any fatalities.

The nationwide demonstrations — called for mainly by student groups — began weeks ago to protest a quota system that reserves up to 30% of government jobs for relatives of veterans who fought in Bangladesh's war of independence in 1971. Violence erupted Tuesday, with the Daily Prothom Alo newspaper on Saturday reporting the death of at least 103 people so far. Bangladeshi authorities haven't shared any official numbers of those killed and injured.

DHAKA: Soldiers were patrolling Bangladeshi cities on Saturday to quell growing civil unrest sparked by student demonstrations, with riot police firing on protesters who defied a government curfew. This week's violence has killed at least 123 people so far, according to a count of victims reported by police and hospitals, and poses a monumental challenge to Prime Minister Sheikh Hasina's autocratic government after 15 years in office. A government curfew went into effect at midnight and the premier's office asked the military to deploy troops after police again failed to subdue widespread mayhem.

protests by thousands of students in Bangladesh against quotas in government jobs has brought focus to a history of violence in a country born out of a war between India and Pakistan in 1971 in which nearly 3 million people were killed. Its founding father and first prime minister Sheikh Mujibur Rehman was assassinated in 1975 in a military coup which brought in a long period of military rule. Though democracy was restored slowly by 1990, the country of nearly 170 million people has been rocked by sporadic periods of sectarian or political violence in recent years.

Indian students back home on Friday from Bangladesh, where violence has erupted between protesters and security forces. At least 20 people have been killed in the clashes this week — most of them in the capital Dhaka — with police firing tear gas and rubber bullets to scatter protesters who also torched vehicles and establishments. The protesters oppose a system of quotas for government jobs. Some mobile internet services were cut off on Thursday and telecom links remained widely disrupted on Friday.

Bangladesh on Thursday, while authorities cut some mobile internet services as violent clashes that have killed six and injured hundreds this week showed no signs of slowing. Shops and offices were open in Dhaka, the capital, but there were fewer buses on the streets, as a call for a nationwide shutdown from students demanding abolition of a quota of 30% reservations drew little response. Police fired tear gas to disperse stone-throwing students who blocked a major highway in the southern port city of Chittagong as mobile services were halted across most of the South Asian country.

India and Bangladesh bolster ties as New Delhi tries to become a regional power.