Coimbatore, March 9 (IANS) The ongoing conflict in West Asia and the disruption of maritime traffic through the Strait of Hormuz have begun to impact India’s textile sector, with polyester fibre prices rising sharply in the past week. According to industry representatives, the price of polyester fibre has increased by Rs 12 per kilogram, creating fresh concerns for textile manufacturers and exporters. The Strait of Hormuz is one of the world’s most crucial maritime corridors for the transpor…
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Dhaka, Feb 22 (IANS) As the Tarique Rahman led Bangladesh Nationalist Party (BNP) assumed power in Bangladesh following its decisive victory in the 13th Parliamentary elections, business leaders account for 70 per cent of the newly formed cabinet, with 35 out of 50 ministers and state ministers listing business as their profession, local media reported citing affidavits submitted to the Election Commission (EC).An analysis of the affidavits submitted by the Prime Minister, ministers, and state m…
Dhaka, Feb 4 (IANS) As Bangladesh heads to elections next week, Bangladesh Nationalist Party (BNP) Chairman Tarique Rahman, in an exclusive interview with a leading current affairs magazine, accused the Muhammad Yunus-led interim government of failing to restore law and order. Citing experts’ opinion, he warned that failure to address the law and order situation could push the country towards long-term instability.In an interview with The Diplomat, Rahman said, “After August 5, the interim gover…