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Bangladeshi border guards detain ex-supreme court judge near border with India

Dhaka, Aug 24 (PTI) A retired judge of Bangladesh’s Supreme Court was detained from the northeastern frontier with India in Sylhet while he was allegedly attempting to flee the country, the Border Guard Bangladesh (BGB) said late on Friday. The report came hours after the arrest of Awami League leader ASM Firoz from his residence. The BGB headquarters, in an SMS, informed reporters that they have detained former apex appellate division judge of the Supreme Court Shamsuddin Chowdhury Manik as he was trying to cross over to India through Sylhet’s Kanaighat border. Newspaper Prothom Alo said Manik was kept at

Tamil Nadu women cops to get one year maternity leave, posting of choice for three yrs, says CM

Chennai, Aug 23 (PTI) Women police in the state force will be entitled to one year’s maternity leave, and upon resuming work they will be posted at a place of their choice for a three-year period to nurture their children, Tamil Nadu Chief Minister M K Stalin said on Friday. It may be recalled that after capturing power in 2021, the DMK government enhanced the period of maternity leave for its employees from nine months to one year. “Women police will be given one-year maternity leave and after returning to work, they will be posted either at the place of

India should retain headline inflation as target, RBI external rate panel members say

MUMBAI, Aug 23 (Reuters) – Headline inflation impacts Indians directly and should be retained as the target for monetary policy rather than switching to core inflation, external members of the RBI’s rate panel told Reuters. A suggestion was made in the government’s official annual economic report last month to target inflation excluding volatile food prices, which are driven more by supply shortages. The idea has ignited a debate in India over the appropriate target for monetary policy. India adopted the inflation targeting framework in 2016, setting a 4% headline inflation target for the central bank’s rate setting panel. The target

Adani Power Has $800 Million in Unpaid Dues From Bangladesh

Aug 23, 2024 (Bloomberg): Billionaire Gautam Adani’s power generating unit has raked up unpaid dues of as much as $800 million from Bangladesh, where weeks of violent protests left hundreds dead and forced out the previous administration this month. The South Asian country owes this sum to Adani Power Ltd., part of the Indian mining-to-media conglomerate, for electricity supplied by its coal-fired plant in the Godda district of the eastern state of Jharkhand, Bangladesh Bank’s newly-appointed Governor Ahsan H. Mansur told Bloomberg News in an interview. “If we don’t pay them, they will stop providing electricity,” he said. While the

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