Yunus, 70, said he was relinquishing his post to prevent undue disruption of the bank's work.
With India's G20 presidency ensuring several tangible outcomes, world leaders at the two-day summit in New Delhi hailed Prime Minister Narendra Modi for his 'decisive leadership' and for championing the voice of the Global South, sources said on Sunday.
The agency had received Rs 946.51 crore to manage its affairs in the Budget Estimates for 2023-24, which was later increased to Rs 968.86 crore in the Revised Estimates.
Extending its support to Saarc Bank, Sri Lanka on Thursday said the proposed financial institution will help in alleviating poverty in the South Asian region.
They welcomed the guests before the start of the dinner from the reception dais, with its backdrop showcasing the ruins of the Nalanda University in Bihar besides India's G20 presidency theme -- 'Vasudhaiva Kutumbakam - One Earth, One Family, One Future'.
Prime Minister Narendra Modi and Bangladesh's Sheikh Hasina had a 'very good meeting'
The cruise which was scheduled to dock at the shore for the tourists to visit Chirand, an archaeological site, got stuck because of water deficiency in the Ganges near the Doriganj area of the district.
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The Bharatiya Janata Party government at the Centre is firmly committed to ensure security all Northeast states said Prime Minister Narendra Modi while addressing a large gathering of BJP workers at the Sarusajai National Games stadium in Guwahati.
India will enter the Asia Cup as a seven-time champions, most by any team, but adding an eighth title might just not feature on top of their bucket list.
Arunachal Pradesh Chief Minister Pema Khandu on Wednesday expressed concern over China's proposed mega hydropower project on the upstream of Siang River in Tibet, stating it will have a cascading effect on India and Bangladesh in the near future.
Designing smart finance products for the underprivileged, could yield rich career dividends
The branch is likely to be inaugurated on Saturday by Prime Minister Narendra Modi, who is on a three-day visit to China
MV Ganga Vilas will begin its journey from Varanasi and sail around 3,200 km in 51 days to reach Dibrugarh in Assam via Bangladesh, traversing across 27 river systems in the two countries, it said.
Wipro is planning to expand into Sri Lanka and Bangladesh to tap the telecom and banking space, by leveraging on its expertise and strengths in areas such as system integration and IT managed services.
The funds officially held by Indians with banks in Switzerland now accounts for only 0.07 per cent of the total funds kept by all foreign clients in the Swiss banking system.
Rajan said the RBI is working on upgrading the capabilities of its inspectors to undertake bank system audits as well as to detect vulnerabilities in them
The agency detected the fixed deposits in State Bank of India, Axis Bank and Bank of India during the questioning of several close aides of Mondal and other witnesses during its ongoing probe in the case, they said.
'General J S Aurora, the commander of the Indian forces in the East, asked General Sagat Singh to withdraw his troops who were on the move to Dacca -- but he refused.' 'He said, "Jaggi, over my dead body".' 'Therefore, I say the creator of Bangladesh was General Sagat Singh.'
The government has ordered monoclonal antibody from Indian Council of Medical Research to treat the child. It is the only available anti-viral treatment for Nipah virus infection, though it has not been clinically proven yet.
The elections in two eastern Indian states were keenly observed in Bangladesh for two major contentious issues, writes Prakash Bhandari from Dhaka.
Pasha, who had earlier received training in making bombs in Bangladesh, provided training to the Mangaluru blast case accused during their stay in a jail in Karnataka.
The existing SAARC Development Fund could be merged into the bank.
The primary problem is that India's garment factories are too small and they typically have 150 people and about 80 machines.
The Paresh Barua-led United Liberation Front of Assam has warned of bloodshed and violence if the state and central governments give shelter to any illegal immigrant in the state. The hardlining group has said that it would not hesitate in using arms to evict illegal migrants from neighbouring countries, who have settled down in Assam.
Experts say the recent Rs 14,000-crore PNB fraud could have been avoided had there been an integration of PNB's CBS with its SWIFT system
New York City Mayor Eric Adams said he was proud that the State Assembly and the State Senate have passed the bill making Diwali a New York City Public School holiday.
At least 10 Hindu pilgrims killed and several others injured in a stampede during a holy bath in the Old Brahmaputra River outside Dhaka.
'Why is the RSS trying to destroy the indigenous culture of Assam and its language?' 'If these migrants settle in Assam, they will overwhelm the 47 per cent of people who speak Assamese.'
The 36-year-old Mhow-based golfer won his eighth title in 14 events this season in the process.
Over 5,000 people were witnessing an open-air show organised to mark the Rash Mela festival when three crude bombs exploded on the premises of Kantaji Temple in northwestern Dinajpur.
"The MD of the Grameen Bank is an official who cannot hold the office for an unlimited period," said the High Court.
The United Liberation Front of Asom runs seven hotels of international standards in Dhaka, Chittagong and Sylhet in Bangladesh and operates three bank accounts in that country, the Border Security Force said on Friday.
Bangladesh Central Bank in an order on March 2 removed Dr Muhammad Yunus as head of the bank, which he founded, citing that he had violated country's retirement age.
For the longest time, the court did not even hear important matters that the government did not want it to. Of late, it has begun to form benches. Meanwhile a lot of the damage has been done and continues to be done, asserts Aakar Patel.
Textile stocks have exhibited a mixed performance so far this calendar year (CY23), amidst higher domestic cotton prices and tepid global demand. Shares of Page Industries, Dollar Industries, Lux Industries, and VIP Clothing have declined up to 13 per cent so far in CY23, as against a 9 per cent jump in the S&P BSE Sensex. On the contrary, shares of Arvind, Welspun India, Raymond, and Gokaldas Exports have gained up to 51 per cent, during the same period.
The latest fraud is a failure of management supervision and accountability, as no bad debt was generated and no cash was involved
Digital services work best when the seller designs a system where default options are designed to help the buyer, says Debashis Basu.
