Bangaldesh's Awami League, which is set to form the government after sweeping the December 29 polls, will name Zillur Rahman as the presidential candidate, prime minister-elect Sheikh Hasina said, setting aside an apparent pre-poll deal reached with key ally H M Ershad.
A huge voter turnout of over 80 per cent on Monday marked Bangladesh's first general election in seven years, with Sheikh Hasina and Khaleda Zia appeared locked in a close race to reclaim power. Amid unprecedented security, Bangladeshis gave an overwhelming response to the landmark election, which was largely peaceful, paving the way for the impoverished country's return to democracy following two years of emergency rule.
Bangladesh's 'battling begums' are on a hectic last minute campaign trail, which will end at midnight on Saturday, as the country's goes for its first general elections in seven years on December 29. The elections are being held under unprecedented security measures with nearly 48,000 troops and more than 600,000 policemen deployed to guard the polling booths.
Bangladesh on Friday moved two warships to confront an alleged 'intrusion' by three Indian vessels, for hydrocarbon exploration in its territorial waters, in the resource-rich Bay of Bengal.The move came after the Bangladesh Navy protested the incident and the government ordered a probe, following which 'appropriate' action will be taken.A news agency, quoting Foreign Ministry officials, said that 1 survey vessel backed by two Navy ships intruded for hydrocarbon exploration
The London-based Hinduja conglomerate has begun work on the $15-billion investment plan for India's power sector that will result in generating 10,000 MW for the national electricity grid.
Former prime minister Sheikh Hasina's Awami League-backed candidates on Tuesday overwhelmingly won the mayoral elections as Bangladesh witnessed its first polls under emergency rules ahead of the scheduled general elections set for December this year.
"My offer to the US is that they should reduce their subsidy by just one dollar and we have a deal," Commerce and Industry Minister Kamal Nath said on Monday at a conference on globalisation, organised by FICCI and University of Oxford.
US said no to a free trade deal with India as India cannot fully open agricultural imports from American farmers.
In spite of the Orient snub, Tatas are still negotiating with them for the hotel takeover as well as scouting other US cities for luxury hotels.
Indo-US investment protection pact is likely to come through by year end according to Commerce and Industry Minister Kamal Nath.
India Inc has couter attacked claims by US presidential candidates about the drain of jobs from US to India.
US recession is likely to help Indian economy as it wil attract more global investments, said Commerce and Industry Minister Kamal Nath.
Nandigram remained in headlines throughout the year despite the West Bengal government cancelling the SEZ project of Indonesia's Salem Group in January following violence and political pressure on Chief Minister Buddhadeb Bhattacharjee.
India is fielding a 100-member team, led by Commerce Minister Kamal Nath and Planning Commission Deputy Chairman Montek Singh Ahluwalia. The duo will address a number of India-centric sessions on economic reforms.
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