Bangladesh

Who’s Nobel laureate Muhammad Yunus, chosen to lead Bangladesh’s interim govt?

China's footprint expands in Bangladesh in spite of an India-friendly govt

The growing Chinese influence in India's neighbourhood, already evident in Sri Lanka and Nepal, is now also palpable in Bangladesh

Bangladesh's forex reserves fall to around 6-year low to $31.14 bn

Forex reserves equivalent to six months' import bills are considered adequate for a growing economy like Bangladesh

Adani Power begins electricity supply from Godda plant to Bangladesh

Adani Power on Sunday said that it has begun supplying electricity from its plant in Godda in Jharkhand to Bangladesh. Adani Power Ltd (APL), a part of the diversified Adani Group, has commissioned the first 800 MW ultra-super-critical thermal power generation unit at Godda in Jharkhand. The plant has started with supplying 748 MW of power to Bangladesh, a company statement said. The electricity supplied from Godda will significantly improve the situation in the neighbouring country as it will replace expensive power generated from liquid fuel, bringing down the average cost of power purchased, it stated. The Godda Power Plant is a strategic asset in the India-Bangladesh's long-standing relationship, said S B Khyalia, CEO of Adani Power, in the statement. It is the first power plant in the country, which has started its operations from Day One with 100 per cent Flue Gas Desulphurization (FGD), SCR and Zero Water Discharge, it stated. In November 2017, Bangladesh Power Development

Eight killed in Bangladesh following clashes between ethnic outfits

At least eight people were dead and scores injured after violent clashes broke out between two ethnic outfits in the rugged terrains of Bandarban district in Bangladesh, sparking panic and forcing locals to flee their homes, police said on Friday. The incident took place on Thursday night in Rowangchhari upazila in Bangladesh's south-eastern Bandarban District, which is a hotbed of insurgency. Clashes and gunfire were witnessed in a remote corner of Roangchhari upazila (sub-district) of Bandarban on late Thursday. We have recovered eight bodies from the scene, police officer Abdul Mannan said. Mannan said the bodies were brought to the upazila headquarters on Friday for autopsy and other legal formalities. Police said nearly 200 people fled their homes following the clashes, fearing violence among feuding groups, and took refuge at an army camp at Roangchhari. The reason for the clashes is not known. But police suspect the incident involved members of the newly-formed outfit cal

Strong structural reforms can help Bangladesh sustain growth: World Bank

Improving trade competitiveness for export diversification will be critical to achieving Bangladesh's aspiration of upper middle-income status by 2031

Massive fire erupts at Bangladesh's biggest wholesale market in Dhaka

A massive fire erupted at the Bangabazar in Dhaka -- the biggest wholesale market in Bangladesh, officials said, adding that that the blaze has spread to more than six buildings

Oil pipeline with India to play vital role in fuel security: Bangladesh PM

Prime Minister Sheikh Hasina has said that her country's first cross-border oil pipeline with India will play a vital role in ensuring fuel security in Bangladesh at a time when the world was facing a serious energy crisis due to the Ukraine war. Hasina said this while virtually inaugurating with her Indian counterpart Narendra Modi the 131.5-km Bangladesh-India Friendship Pipeline' on Saturday. Terming India a "true friend" of Bangladesh, Hasina said she wanted this friendship to remain intact. The pipeline costing Rs 377 crore is part of energy sector cooperation between the two neighbouring countries through which Bangladesh will import petroleum, especially diesel from India. When many countries across the world are on the verge of a fuel crisis due to the Russia-Ukraine war at that time this pipeline will play a vital role in ensuring the fuel security of our people, Hasina said. "The friendship pipeline is a milestone achievement in cooperation for the development between th

Oil pipeline with India vital for fuel security in Bangladesh: PM Hasina

Prime Minister Sheikh Hasina said on Saturday that her country's first cross-border oil pipeline with India will play a vital role in ensuring fuel security in Bangladesh at a time when the world was facing a serious energy crisis due to the Ukraine war. Hasina said this while virtually inaugurating with her Indian counterpart Narendra Modi the 131.5-km Bangladesh-India Friendship Pipeline' on Saturday. Terming India a "true friend" of Bangladesh, Hasina said she wanted this friendship to remain intact. The pipeline costing Rs 377 crore is part of energy sector cooperation between the two neighbouring countries through which Bangladesh will import petroleum, especially diesel from India. When many countries across the world are on the verge of a fuel crisis due to the Russia-Ukraine war at that time this pipeline will play a vital role in ensuring the fuel security of our people, Hasina said. "The friendship pipeline is a milestone achievement in cooperation for the development ..

Mahindra unit in Bangladesh winds up operations, ceases to exist

Mahindra & Mahindra on Tuesday said its wholly-owned unit Mahindra Bangladesh Pvt Ltd has ceased to exist. Mahindra Bangladesh Pvt Ltd (MBPL) convened the final extraordinary general meeting of its shareholders on March 14, 2023 and approved the final voluntary winding up, Mahindra & Mahindra (M&M) said in a statement. Hence, MBPL has been liquidated and has ceased to be in existence with effect from March 14, 2023, it added. MBPL had zero income from operations as on March 31, 2022. The net worth of MBPL, as on March 31, 2022 stood at Rs 3.18 crore, constituting 0.01 per cent of the consolidated net worth of the Mumbai-based auto major, M&M noted. The shareholders of MBPL, at a meeting held on September 14, 2022, had passed a resolution proposing winding up of the unit and appointment of a liquidator for completing the process of winding up. Thereafter, MBPL did not undertake any business operations. M&M had incorporated MBPL in 2019 to carry multiple activities, .

PM Modi, Hasina to launch Rs 377-cr cross-border oil pipeline on March 18

The 130-km-long friendship pipeline on West Bengal border will transport diesel from Numaligarh Refinery in Assam

16 killed, over 100 injured as explosion rocks building in Dhaka

At least eight people were killed and over 100 others injured on Tuesday in an explosion at a seven-storey building here in Bangladesh's capital, police said. Five firefighting units were rushed to the spot after the blast, which occurred around 4:50 pm (local time), the bdnews24 news portal reported, citing the fire service control room. The cause of the explosion could not be known immediately. The injured were taken to Dhaka Medical College Hospital, said DMCH police outpost Inspector Bacchu Miah. He added that all of them were receiving treatment at the hospital's emergency unit. The building has several stores for sanitary products on the bottom floor and a branch of BRAC Bank was located in the building adjacent to it. The blast shattered the glass walls of the bank and also damaged a bus standing on the opposite side of the road, reports said.

India to help Bangladesh with its defence modernisation efforts: Envoy

India is ready to help Bangladesh with its defence modernisation efforts and has identified defence industry cooperation with Dhaka as an emerging focus area of the bilateral partnership, including joint development and production, India's envoy here has said. The Indian High Commission here on Sunday organised a seminar here on Indian defence equipment to promote defence industry cooperation between India and Bangladesh. Speaking at the event, Indian High Commissioner to Bangladesh Pranay Verma identified defence industry cooperation between the two countries as an emerging focus area of their defence partnership, a press release by the High Commission said. Verma highlighted the accomplishments of Indian's defence industry over the last decade driven by the Make in India, Make for the World vision of Prime Minister Narendra Modi. The High Commissioner invited Bangladesh Armed Forces to benefit from India's cost-effective, high-quality defence equipment and technology and proposed

6 killed, 30 injured in explosion at oxygen plant in Bangladesh: Police

At least six people were killed and more than 30 were injured in an explosion at an oxygen plant in Kadam Rasul (Keshabpur) area of Chittagong's Sitakunda upazila in Bangladesh, police said

Delhi airport becomes transshipment hub for export cargo from Bangladesh

Delhi airport is now a transshipment hub for export cargo from Bangladesh to other countries and the first batch of transhipment cargo will leave for Spain on Sunday. The airport's operator DIAL said the cargo transshipment via Delhi will cost manufacturers and suppliers significantly less as compared to other routes. On February 7, DIAL received the government's approval for the airport to serve as a cargo transshipment hub between Bangladesh and other global destinations for export cargo. The first batch of cargo, which left Dhaka on February 26 arrived at Delhi airport on Friday and will leave for its destined location in Spain on March 5, DIAL said in a release. The transshipment cargo will reach from Dhaka to Delhi, via the Bangladesh-India border at Benapole-Petrapol. "Once the cargo leaves the Petrapol border after all security checks, the manufacturers will be able to track their shipment throughout its journey, including its arrival at the Delhi airport, during security .

Raisina Dialogue: Jaishankar meets counterparts from France, Bangladesh

Taking to Twitter, Jaishankar said that he met Oman's Foreign Minister Badr Albusaidi, France's counterpart Catherine Colonna, Singapore's Vivian Balakrishnan and Bangladesh's Abdul Momen

MV Ganga Vilas puts India-Bangladesh on world river cruise map: Minister

The successful 50-day journey of MV Ganga Vilas has put India and Bangladesh on the river cruise map of the world, Union Minister Sarbananda Sonowal said on Tuesday. The minister was speaking at an event here organised to welcome the tourists of the world's longest river cruise that reached Dibrugarh on Tuesday, concluding its 50-day river journey that started from Varanasi. Prime Minister Narendra Modi had flagged off the vessel on January 13 in Varanasi, Uttar Pradesh. The river cruise also shows the investment potential in the river tourism in the entire South Asia region, the Union Minister of Shipping, Ports and Waterways said. "It as a historic and path-breaking event to be witnessed in the Inland Waterways sector. MV Ganga Vilas has put India and Bangladesh on the river cruise map of the world. It has opened a new vista and vertical for tourism and freight carriage in Indian sub-continent," he said. The successful completion of 3200-km long river journey opens up new ...

Bangladeshi villagers attack BSF jawans, snatch weapons; two injured

BSF has raised the matter with Border Guards Bangladesh (BGB) and called for a flag meeting

Adani Power promised to supply power in reduced price to Bangladesh: Report

India's Adani Power on Thursday promised to supply electricity to Bangladesh at a reduced price keeping consistent with the generation cost in the country's existing coal-fired plants. The Adani will import the coal for its plants at the same price the Bangladeshi coal-run plants do for themselves, the mass-circulation Prothom Alo newspaper reported quoting an Adani official. It said the Indian company agreed to revise its procurement price for coal to keep the per unit power price almost equal to those of Bangladeshi coal-fired plants like the Rampal and Payra, the two joint-venture installations with India and China. A responsible official of Adani group in Bangladesh has confirmed the development to Prothom Alo, the newspaper reported while Bangladesh officials declined to comment immediately. Bangladesh's state-run Power Development Board (PDB) earlier this month sought to revise to a 2017 power purchase agreement with Adani Power Ltd as the price for the coal-generated ...

Over 31,500 Myanmar, Bangladesh refugees took shelter in Mizoram: Official

Over 31,500 refugees from Myanmar and Bangladesh have taken shelter in different parts of Mizoram, an official said. The number of Myanmar nationals taking refuge in the northeastern state was 31,050 as on January 27, and those from Bangladesh were 541, he said. The Bangladeshi nationals are lodged in 160 makeshift camps set up in eight villages in Lawngtlai district, the official said. The Myanmar nationals, mostly from Chin state, fled to Mizoram following a military coup in the neighbouring country in February 2021, while the asylum seekers from Bangladesh's Chittagong Hill Tracts (CHT) came to the state after a military offensive against an ethnic insurgent group, he said. Mizoram shares a 510-km long porous border with Myanmar and a 318-km boundary with Bangladesh. Mizoram Home Minister Lalchamliana had recently informed the assembly that the state government has so far released over Rs 3.8 crore as part of relief measures for the Myanmar nationals, and Rs 30 lakh for those