Latest News for: Bangladesh credit

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China meddling with India, pumps money in Dhaka-New Delhi project: Report

Beijing News 25 Jan 2023
Bangladesh's second-largest port, Mongla, is one of the projects where India has transhipment facilities to carry goods to its landlocked northeastern states. In 2015, the governments of Bangladesh and India decided to upgrade Mongla under a line of credit from New Delhi.
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Railways uses tax infra to boost freight income

Financial Express 24 Jan 2023
The railways has recently also mandatory to submit the Letter of Credit for India- Bangladesh freight traffic, after it was found that unscrupulous players were placing indents (registering for wagons) for Bangladesh. “There were atleast 20,000 rake indents for Bangladesh traffic when in reality, the demand was only for about 120 rakes per month.
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Top budget 2023 expectations: From tax relief to consolidation of fiscal deficit

Live Mint 20 Jan 2023
The last three years were challenging for the Indian economy ... GDP growth in FY2023 is expected to be 7 per cent ... Credit growth at 17 per cent is impressive. While our neighbours Sri Lanka, Pakistan and Bangladesh have approached the IMF for assistance, India is in a strong position with adequate foreign exchange reserves of $ 550 billion ... Dr.
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Outgoing Turkish ambassador praises the "political trust" shared with Dhaka

Greek City Times 17 Jan 2023
Turkish Ambassador to Bangladesh Mustafa Osman Turan has credited "very strong leadership" on both sides and deep political trust for the significant progress in Dhaka-Ankara relations in recent times on the eve of his departure from the South Asian country ... BANGLADESH-TURKIYE BUSINESS FORUM ... PROMOTING BANGLADESH IN TURKEY.
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IMF board to consider Bangladesh loan package this month

La Prensa Latina 16 Jan 2023
Dhaka, Jan 9 (EFE).- The International Monetary Fund (IMF) said Monday its Executive Board was expected on Jan.30 to consider a $4.5 billion credit plan for Bangladesh to help the country deal with the financial crisis ... Bangladesh and the IMF team reached “a staff-level ...
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Roundup: IMF to approve 4.5-bln-USD loan to support Bangladeshi reform aganda

China.dot.org 16 Jan 2023
dollar loan later this month to support Bangladesh's reform agenda ... Bangladesh and the IMF recently reached a staff-level agreement under the Extended Credit Facility (ECF), Extended Fund Facility (EFF) and the IMF's new Resilience and Sustainability Facility (RSF) to support the authorities' home-grown reform agenda.
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IMF to approve 4.5-bln-USD loan to support Bangladeshi reform aganda

Xinhua 16 Jan 2023
dollar loan later this month to support Bangladesh's reform agenda ... Bangladesh and the IMF recently reached a staff-level agreement under the Extended Credit Facility (ECF), Extended Fund Facility (EFF) and the IMF's new Resilience and Sustainability Facility (RSF) to support the authorities' home-grown reform agenda.
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SIDBI to partner with AMFI to support Bengal’s women entrepreneurs

Financial Express 13 Jan 2023
Deputy Managing Director of SIDBI, Sudatta Mandal, said that the women entrepreneurs will also be helped in terms of getting market and credit linkages ... Credit & Development Forum, the umbrella body of MFIs in Bangladesh, expressed keenness to enter a pact with AMFI for exchange of ideas and experience.
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India bets on Bangladesh for defence exports amid 'Aatmanirbhar' push | Details

Hindustan Times 05 Jan 2023
India plans to turn neighbouring Bangladesh into its market following the operationalization of a $500 million line of credit for defence purchases.
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Rituparna Sengupta describes meeting Priyanka Chopra's ‘mishti’ daughter Malti: 'Madhu aunty invited me'

Hindustan Times 05 Jan 2023
Actor Rituparna Sengupta is all set to explore Bollywood with a list of upcoming projects ... Also read. Rituparna Sengupta ... You are still remembered for your National Award-winning Shwet Patharer Thala, in 1992 and have over 100 films in your credit, across 7 languages. Not only in India, but you have strong fanbase in Bangladesh as well ... It’s funny ... ....
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India eyes Bangladesh askey market for military hardware

Hindustan Times 03 Jan 2023
India is eyeing Bangladesh as a market for a range of military hardware, from specialist vehicles to helicopters, and maintenance of Russian origin equipment following the operationalisation of a $500 million line of credit for defence purchases, people familiar with the matter said.
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India eyes Bangladesh as market for range of military hardware

Hindustan Times 03 Jan 2023
India is eyeing Bangladesh as a market for a range of military hardware, from specialist vehicles to helicopters, and maintenance of Russian-origin equipment following the operationalisation of a $500-million line of credit for defence purchases, people familiar with the matter said.
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Alleviating poverty through Micro Financing

B & FT Online 30 Dec 2022
Another school of thought describes micro finance as the provision of financial services to the poor, aiming at encouraging the lower-income populations by empowering them with access to credit and other financial products to enhance their living standards. Micro finance world-wide recognition is credited to Dr.
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One of world’s most crowded cities gets first mass-transit rail

News India Times 28 Dec 2022
metro in Dhaka, Bangladesh, on Dec ... MUST CREDIT ... Bangladesh’s capital now has its first metro rail, a Japanese-funded project that aims to ease commuting in one of the most congested cities in the world ... Traffic congestion wastes about 3.2 million working hours each day and costs Bangladesh’s economy billions of dollars every year.

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The image from video released on Jan. 27, 2023, by the City of Memphis, shows Tyre Nichols leaning against a car after a brutal attack by five Memphis police officers on Jan. 7, 2023, in Memphis, Tenn. Nichols died on Jan. 10. The five officers have since been fired and charged with second-degree murder and other offenses.
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