The clashes broke out this morning when protesters attending a non-cooperation programme to demand the government's resignation faced opposition from the supporters of the Awami League, Chhatra League, and Jubo League activists.
Chief Adviser to Bangladesh's interim government, Muhammad Yunus, has said the issue of attacks on minority Hindus in his country is 'exaggerated' and questioned the manner in which India projected it.
Financial services major BNP Paribas on Wednesday cut India's GDP growth forecast for the current fiscal to 3.7 per cent from 5.7 per cent earlier, saying the country's 'macro muddle' is fast approaching crisis proportions.
Bangladeshis on Sunday began voting in the general elections expected to be won by Prime Minister Sheikh Hasina in the absence of the main Opposition Bangladesh Nationalist Party (BNP) which is boycotting it.
'My father died in the liberation struggle. Bangladesh is our Motherland. This is home,' says Monindra Kumar Nath, a Hindu who has lived his 74 years in Dhaka.
Muhammad Yunus, the head of Bangladesh's interim government, has said that former prime minister Sheikh Hasina making political remarks from India is an 'unfriendly gesture', asserting that she must remain silent to prevent the discomfort to both countries until Dhaka requests her extradition.
"I'm taking all responsibility (of the country). Please cooperate," he said in a televised address amid reports that Hasina has left the country.
A special Bangladeshi tribunal on Wednesday sentenced opposition Bangladesh Nationalist Party's 83-year-old leader Abdul Alim to jail until death for committing large-scale killings and other war crimes during the 1971 Liberation War against Pakistan.
'Religion and extremism is going to be a big force, a very important force, in Bangladesh's politics.'
BNP Paribas is planning to set up a company that will provide discretionary portfolio management services, even as it plans to expand its private banking business in India by adding real estate and art investment advisory services.
The recovery in the emerging markets can be attributed to the fiscal measures taken by their respective governments, which would help them to post positive growth next year, the report said. Amid this global recession, the longest and deepest since the Second World War, the world economy is expected to contract 1.3 per cent and advanced economies would see a contraction of as much as 3.8 per cent.
The chaos and fear created by the deadly protests remained. Gangs of criminals have been looting and robbing homes in the absence of law enforcers over the last two days.
'Given the inherent volatility, investors should take at least a three to five-year view.'
Businesses have resumed but it's not business as usual in the capital city of Bangladesh.
Videos on social media showed protesters climbing a statue of Hasina's father Sheikh Mujibur Rahman, a 1971 Liberation War hero, in Dhaka and smashing it with hammers.
New Delhi -- which has had a disastrous neighbourhood policy that has alienated almost all the States with which it has a land or sea border -- seemed to be unwilling over the past years to even consider that its unquestioning support of Sheikh Hasina was painting it into a corner, points out Mihir S Sharma.
The application accuses Hasina and others of orchestrating a violent crackdown on student protestors, resulting in widespread casualties and human rights violations.
The bias for the BSE benchmark index, technical charts suggest, is likely to remain bullish as long as the index holds above 75,600 levels for the rest of the year.
A retirement fund can be helpful for all age groups, but ideally one should start investing early to beat market swings and gain from compounding.
The move will help BNP Paribas expand its operations in India.
At least four people, including two children, were killed and many injured in Dhaka on Friday when suspected arsonists set on fire a passenger train coming from Benapole, a port city bordering India, officials said, a day ahead of Bangladesh's general elections that have been boycotted by the main opposition Bangladesh Nationalist Party (BNP).
Moreover, the process to release those arrested between July 1 to August has started, and many have already been released, it added.
'Those betting against PSUs will likely be punished in this upswing.'
While the minimum holding period for LTCG taxation has now been lowered, the tax outgo could be a bit higher under the new structure.
The first quarter results (Q1FY25) of Indian IT services hint towards better fiscal growth than the preceding year, but as the management commentary said, "there is still some time for the industry to be firing on all cylinders." Among the majors-Tata Consultancy Services (TCS), Infosys, HCLTech, and Wipro-it is the Bengaluru-based Infosys that has performed better, which was also evident in its full-year revenue guidance.
Deposing before the special court on Tuesday, Sabesan said the CBI had given the bank a set of documents that it seized during its investigation into the Satyam scam and asked it to ascertain if they were issued by the bank.
As news of Hasina's departure spread, hundreds broke into Hasina's residence, vandalising and looting the interiors, providing dramatic expression to the anti-government protests that have killed more than 100 people in the last two days. At the centre of people anger is the Hasina government's controversial quota system reserving 30 per cent jobs for families of veterans who fought the 1971 liberation war. With volatile crowds taking to the streets -- some clambering on Hasina's father and Bangladesh founder Sheikh Mujibur Rahman's statue and smashing it with hammers in a lasting image underscoring the fickleness of history -- Army chief General Waqar-uz-Zaman announced that the 76-year-old prime minister has resigned.
Sumit Nagal was handed a straight-set defeat by Canada's Milos Raonic in the opening round of the BNP Paribas Open.
Pakistan's restive Balochistan province has come to a standstill and has been facing unrest with several political and nationalist parties launching an indefinite blockade of all national highways from Wednesday against alleged rigging of the election results.
Swiatek, the 2022 champion, made her intentions clear early on with an aggressive start to claim a break for a 2-1 lead. She pulled further away when Kostyuk hit a double fault two games later, wrapping up the opening set in 31 minutes.
'She delivers on promises, especially on security issues which is a core concern for India.'
Bangladesh's main opposition Bangladesh Nationalist Party's three top women leaders were arrested on the second day of the 'democracy march' on Monday, as clashes erupted inside the supreme court premises between pro- and anti-government lawyers.
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Australian Open champion and top seed Victoria Azarenka recovered from a sluggish start to beat Slovakia's Daniela Hantuchova 6-4, 6-1 in the second round of the BNP Paribas Open on Saturday.
'At this moment you cannot give her asylum because if you do, then you are directing public anger against India.'
Barclays and BNP Paribas are considering the acquisition of Lehman Brothers' investment banking and brokerage businesses in India.
The top 100 companies have accounted for 63% of the gains (Rs 51 trillion out of Rs 81 trillion), while firms beyond the top 100 have contributed 37 per cent (Rs 30 trillion).
With former prime minister Khaleda Zia in detention over graft charges, her Bangladesh Nationalist Party has made a dramatic change in the top leadership by appointing former finance minister Saifur Rahman as the party's acting chairman.
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