"The MD of the Grameen Bank is an official who cannot hold the office for an unlimited period," said the High Court.
A Hindu leader in Bangladesh, Chinmoy Krishna Das, had his bail hearing in a sedition case postponed for a month due to the absence of a lawyer to represent him. The hearing was scheduled for December 3rd, but was adjourned to January 2nd, 2024. Das was arrested on November 25th for alleged sedition and has been denied bail since. The incident has sparked protests from his supporters and has highlighted concerns about the safety of minorities in Bangladesh. The postponement of the bail hearing further delays a decision on his release.
The appellate division of the Supreme Court adjourned for two weeks the hearing on two appeals filed against a high court judgement that upheld a Bangladesh Bank order removing Yunus from the office of managing director of Grameen Bank.
Within 24 hours of justifying the setting up industries, including special economic zones on agricultural land, Nobel Laureate Muhammad Yunus backtracked on Monday.
Members of minority communities in Bangladesh -- mostly Hindus -- faced at least 205 incidents of attacks in 52 districts since the fall of the Sheikh Hasina government on August 5, according to two Hindu organisations in the violence-hit nation.
Bangladesh interim government's Law Adviser Asif Nazrul has condemned Prime Minister Narendra Modi's post on X commemorating Victory Day saying, "India was merely an ally in this victory, nothing more."
A group of protesters stormed a book stall in Dhaka, Bangladesh, over the display of books by exiled Bangladeshi writer Taslima Nasrin. The incident prompted Bangladesh's Chief Adviser Muhammad Yunus to order a probe into the "disorderly behaviour." The incident unfolded at the Amar Ekushey Book Fair on Monday, with protesters surrounding the stall and chanting slogans. Police intervened to restore order, but the protesters then encircled the police control room, keeping tensions high. Following widespread criticism, Chief Adviser Yunus ordered authorities to bring those responsible to justice. The Bangla Academy has formed a committee to investigate the chaos and attack on the publishing house.
A bench of the Bangladesh High Court ordered the release on bail of Hindu leader Chinmoy Krishna Das, who was arrested in November on charges of defaming the country's national flag. The two-judge bench granted the bail after a final hearing on their previous rule asking authorities why he should not be granted bail. Das, a former ISKCON leader, was arrested at Dhaka's Hazrat Shahjalal International Airport on November 25.
Indian Foreign Secretary Vikram Misri is scheduled to visit Bangladesh next week for a foreign secretary-level meeting, amidst ongoing tensions between the two countries. The visit comes after the interim government led by Muhammad Yunus took power in Bangladesh, following the ouster of Sheikh Hasina as prime minister. The meeting will focus on a range of bilateral issues, including the potential extradition of Hasina and visa-related matters. Tensions between the two nations escalated further with the arrest of Hindu monk Chinmoy Krishna Das in Bangladesh, leading to concerns from India regarding attacks on minorities in the country.
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.
'The dominance of her party also meant that the institutions became lopsided -- whether it was the bureaucracy or the courts or the military.' 'She centralised power to the extent that you would see her representatives or her party office bearers having overly represented in these institutions.' 'That perhaps would have been the biggest blunder that she committed.'
Wazed said that the West has long championed Yunus, who was appointed as the head of Bangladesh's interim government on August 8, and was quick to support his government, leading him to believe that foreign involvement in the unrest is evident.
Yunus will teach India Inc why and how social business is not charity but business wherein a surplus is passed on to the target group of beneficiaries in the form of lower prices, better service and greater access
Mohammed Yunus is no longer known as the pioneer of micro finance or even a Noble Laureate. He prefers to be now known as a promoter and founder of 'social business.' This is a concept that Prof Yunus believes will help him fulfill his mission -- to remove poverty in a way that its traces are only found in museums.
Nobel Peace Prize laureate and economist Muhammad Yunus has urged the World Bank to reform its policies, saying the development lender has failed to achieve its main goal of eradicating poverty because of its failure to modernise anti-poverty lending programmes.
Bangladesh has summoned its Acting Deputy High Commissioner in Kolkata for urgent consultations following protests over attacks on Hindu minorities. The mission in Kolkata has witnessed multiple protests over the past week by political parties and religious groups condemning the reported atrocities against Hindus in Bangladesh. In a related development, the Bangladesh Assistant High Commission in Agartala, Tripura, suspended all visa and consular services on Tuesday, citing security reasons. The decision followed an incident where protesters breached the mission's premises on Monday to protest the arrest of Hindu spiritual leader Chinmoy Krishna Das in Dhaka.
India's fresh restrictions on limiting access to Bangladeshi exports appear to be in response to Dhaka denying certain value-added items from the Northeast to enter that country through the land transit points.
India has summoned Bangladesh's acting High Commissioner, expressing concern over recent statements by Bangladesh authorities that "portray India negatively" and hold New Delhi responsible for internal governance issues. The Ministry of External Affairs said India desires a positive relationship with Bangladesh, but these statements "vitiate the atmosphere" and are "responsible for persistent negativity." The statement comes after Bangladesh's interim government accused deposed Prime Minister Sheikh Hasina of "provocative" statements from India that led to unrest in Bangladesh.
Former Prime Minister of Bangladesh, Sheikh Hasina has alleged that there was a conspiracy to kill her and her younger sister Sheikh Rehana, the moment she was ousted from power.
A day after he was sacked as the chief of the Grameen Bank, Nobel Laureate Professor Muhammad Yunus on Thursday challenged his removal in the High Court.
Bangladesh's interim government has requested India to extradite deposed Prime Minister Sheikh Hasina, who has been living in exile in India since August. The request comes after the Bangladesh-based International Crimes Tribunal issued arrest warrants for Hasina and several others for "crimes against humanity and genocide." The interim government has cited an existing extradition treaty between the two countries as grounds for the request. Hasina has accused the interim government of perpetrating "genocide" and failing to protect minorities since her ouster.
Any initiative backed by a political institution and intention, would not achieve the desired result of serving the common man. The pre-condition of success is its management by a private entity with ownership shared between the promoters and the common people.
Norway on Wednesday gave a clean chit to Grameen Bank founder Muhammad Yunus, saying it found no evidence of donor fund embezzlement by his bank, removing a cloud that had hovered over the Nobel Laureate.
India has lodged a strong protest with Bangladesh over a now-deleted social media post by a key aide of Bangladesh's interim government that claimed certain areas of Indian territory should be part of that country. The post, which included a map showing parts of West Bengal, Tripura, and Assam as belonging to Bangladesh, was made by Mahfuz Alam, a de facto minister in the Muhammad Yunus-led interim government. The post sparked backlash and was subsequently deleted. India's External Affairs Ministry spokesperson Randhir Jaiswal reminded all concerned to be "mindful" of their public comments and emphasized the need for responsibility in public articulation.
Bangladesh's interim government on Sunday said it will seek Interpol's assistance in repatriating deposed prime minister Sheikh Hasina from India, and other 'fugitives', to face trial for alleged crimes against humanity.
"This follows disgraceful attacks on the Indian cultural centre, temples and Hindu homes in several places, even as reports came in of Muslim civilians protecting other minority homes and places of worship," Tharoor said in a post on X.
The Nobel laureate filed an application before the High Court.
The Centre for Democracy, Pluralism and Human Rights (CDPHR) on Friday presented a report on the state of minorities in Bangladesh following the ouster of Prime Minister Sheikh Hasina in August 2024.
Helen said the US embassy in Dhaka will resume this week its consular service to expedite visa processing.
'Pakistan will also try to turn Bangladesh into a base for terrorist attacks on India.'
Nobel peace prize winner Muhammad Yunus, who has been ousted as Grameen Bank managing director, tells Business Standard he hopes the bank continues to be run by the poor of Bangladesh.
Bangladesh's interim government on Wednesday said it is 'consulting all stakeholders' to decide the fate of President Mohammed Shahabuddin, as authorities beefed up security around his residence in the wake of protests demanding his removal over comments that raised questions on prime minister Sheikh Hasina's resignation.
People in Bangladesh have welcomed the new interim government led by Nobel laureate Muhammad Yunus, hoping it would restore order, end repression and hold a fair election to facilitate a democratic transition of power.
President Mohammed Shahabuddin said he did not have any documentary evidence of Hasina resigning as prime minister before she fled the country on August 5 amidst student-led mass protests.
Foreign Secretary Vikram Misri arrived in Dhaka on Monday on a day-long visit to hold talks with his Bangladeshi counterpart, amid strained bilateral ties since August following the ouster of prime minister Sheikh Hasina.
Nobel Laureate Muhammad Yunus, founder of the micro-credit pioneer Grameen Bank in Bangladesh, hit out at banks on Friday for not providing loans to the poor and disadvantaged.
The Bangladesh Supreme Court has stayed a High Court verdict that declared 'Joy Bangla' as the country's national slogan, effectively reversing the decision. The government, which had moved to suspend the High Court's ruling, argued that the national slogan is a matter of policy and not subject to judicial interference. This decision comes amid political turmoil in the country, with the recent change of government and a focus on revising national symbols and holidays.
UN chief Antonio Guterres, US President Donald Trump, his Russian counterpart Vladimir Putin and Canadian Prime Minister Mark Carney were among scores of world leaders who offered condolences to the people of India in wake of the tragic plane crash in Ahmedabad on Thursday.
A large group of protesters vandalized and set fire to the residence of Bangladesh founder Sheikh Mujibur Rahman in Dhaka during a live online address by his daughter and deposed prime minister Sheikh Hasina. The incident occurred as Hasina was delivering a speech organized by the Awami League's now disbanded student wing Chhatra League, calling upon the countrymen to resist the current regime.
West Bengal Chief Minister Mamata Banerjee has accused the Border Security Force (BSF), central agencies, and the BJP of fanning tension in Murshidabad by allegedly facilitating cross-border influx from Bangladesh. She also urged Prime Minister Narendra Modi to keep the Union Home Ministry under control. Banerjee has announced a compensation of Rs 10 lakh each for the families of three people killed during the violence and directed the state chief secretary to initiate a probe into the role of the BSF.
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