Despite taking a hit on profitability amid the pandemic, companies with strong balance sheets are gaining market share because of consolidation in their respective sectors.
More than 50 per cent of SIP accounts come from semi-urban and rural areas.
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.
Sumit Nagal got the big break as he was the highest ranked player in that draw.
The veteran diplomat said Hasina has stayed in India before after the assassination of her father and Bangladesh independence hero Sheikh Mujibur Rahman who later became the country's prime minister. Rahman was assassinated in August 1975.
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.
'The biggest near-term risk to Indian equities is the outflow of investments to China as tactical trades by foreign investors.'
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.
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.
'Those trying to use these funds for quick gains should avoid them due to risk of being late to the party.'
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.
Sheikh Hasina, who quit as prime minister and fled Bangladesh, will be back in the country as soon as democracy is restored, his son Sajeeb Wazed Joy said on Thursday and blamed Pakistan's intelligence agency, ISI, for fuelling the ongoing unrest in the country.
Bangladesh Prime Minister Sheikh Hasina on Sunday secured a record fourth straight term as her Awami League party won two-thirds of the seats in the general elections marred by sporadic violence and a boycott by the main opposition BNP and its allies.
Fear of a recession in the US due to rising unemployment has added to the concerns of India's IT services sector, which was seeing some growth returning after Q1FY25 results. The Nifty IT closed 3.26 per cent down, as major IT services companies' stock value fell. Tata Consultancy Services (TCS), India's largest IT services firm, saw its stock price fall 4 per cent during intraday trading.
'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.'
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.
BJP leader and India Foundation founder Shaurya Doval said there may be certain perceptions that need to be set right initially as India "went long on relations with Sheikh Hasina".
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.
The move will help BNP Paribas expand its operations in India.
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.
'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.
"I'm taking all responsibility (of the country). Please cooperate," he said in a televised address amid reports that Hasina has left the country.
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.
'Religion and extremism is going to be a big force, a very important force, in Bangladesh's politics.'
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.
'Given the inherent volatility, investors should take at least a three to five-year view.'
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.
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.
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.
Businesses have resumed but it's not business as usual in the capital city of Bangladesh.
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.
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).
The application accuses Hasina and others of orchestrating a violent crackdown on student protestors, resulting in widespread casualties and human rights violations.
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.
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.
'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.
Moreover, the process to release those arrested between July 1 to August has started, and many have already been released, it added.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances