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India China Visa

In a significant but low-key diplomatic gesture, India has reopened tourist visas for Chinese nationals applying through its embassies and consulates across the world. The process began earlier this week, marking the first comprehensive relaxation of travel restrictions placed after the Line of Actual Control (LAC) standoff erupted in 2020.

The visa freeze had lasted for years, following escalating tensions and the deadly Galwan Valley clash that took the bilateral relationship to its lowest point in decades. Now, with missions worldwide accepting tourist visa applications, a slow but deliberate attempt to uncurl bilateral ties is clearly underway.

A Gradual Reset After Years of Friction

The decision comes roughly four months after India first resumed tourist visas for Chinese citizens within China, processing applications in Beijing, Shanghai, Guangzhou and Hong Kong.
The expansion of this facility to Indian missions globally signals New Delhi’s intent to restore normal channels of travel and exchange—with no formal announcement, but unmistakable intent.

Diplomatic sources indicate that the move is part of a set of “people-centric steps” jointly agreed upon by both countries over recent months. These measures are designed not just to ease mobility but to rebuild trust after years of frozen engagement.

Direct Flights Return, Cultural Exchanges Restart

Direct flights between India and China—suspended since early 2020—resumed in October this year. This has been accompanied by other symbolic but substantive developments, including the agreement to restart the Kailash Manasarovar Yatra in the upcoming summer season.

Events marking the 75th anniversary of India–China diplomatic relations have also taken place in missions on both sides, reintroducing cultural and diplomatic warmth that had largely disappeared since the LAC tensions began.

Post-LAC Understanding Paves the Way

The shift in tone became possible after India and China reached an understanding on disengaging frontline forces along the LAC in late 2024.
This was followed by a notable meeting between Prime Minister Narendra Modi and President Xi Jinping in Kazan, where both leaders agreed to revive suspended communication mechanisms and reopen areas of cooperation that had stalled due to the border conflict.

Since then, high-level dialogues have increased. Meetings involving foreign ministers, defence ministers, national security advisers, and Special Representatives Ajit Doval and Wang Yi have produced progress on issues ranging from military disengagement to trade and border exchanges.

Trade Signals Improve as China Responds to Indian Concerns

Diplomatically, China has moved to address some of India’s longstanding trade-related concerns, including easing restrictions on key mineral exports—particularly rare earth elements critical for manufacturing and technology supply chains.

Border trade, suspended coordination mechanisms, and sectoral cooperation have also begun to re-emerge, signalling that both nations are now viewing stabilisation as a strategic necessity rather than a symbolic gesture.

A Step Forward, Not the Final Destination

India’s decision to reopen tourist visas through its global missions is not an endpoint but rather a stepping stone.
The broader India–China relationship still carries unresolved tensions, especially regarding the border dispute. But the revival of people-to-people movements—tourists, pilgrims, professionals, students—acts as a foundation on which deeper diplomatic normalisation can be built.

For now, what stands out is the quiet, measured pace at which both nations are trying to rebuild the connective tissue that once sustained one of Asia’s most consequential relationships.

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Indian Rupee

The Indian rupee endured one of its sharpest blows of the year on Friday, slipping to 89.49 against the U.S. dollar—a level never seen before. The fall broke past the previous low of 88.80 and marked the rupee’s steepest single-day slide since May, signalling a market under pressure on multiple fronts.

Despite India’s economy showing solid growth and stock markets hovering near record highs, the currency is facing a very different reality.

Indian Rupee vs US Dollar: Monthly Trend 2025

A Perfect Storm: Outflows, Tariffs, and a Trade Deal in Limbo

The roots of the currency’s decline trace back to late August, when steep U.S. tariffs on Indian exports came into force. Since then:

  • trade volumes with the United States have weakened,
  • India’s merchandise trade deficit hit a record peak,
  • exports to the U.S. fell nearly 9% year-on-year,
  • and foreign investors pulled out $16.5 billion from Indian equities.

This combination has eroded foreign currency inflows just when global risk sentiment has turned uncertain. The result is a currency that has been sliding steadily for nearly three months.

The delay and ambiguity around a potential U.S.-India trade deal added another layer of caution. Economists say renewed clarity on the deal may be vital for reviving export orders that have slowed sharply since mid-year.

RBI Steps Back—And the Market Notices

For weeks, traders watched the Reserve Bank of India defend the 88.80 level with consistent intervention. But on Friday, that line of protection appeared to recede.

Large custodial outflows triggered stop-losses, and with the central bank not stepping in early enough, the rupee’s decline accelerated sharply.
Traders believe the RBI instead intervened closer to 89.50—allowing the market to adjust to a new range.

The shift suggests the RBI may be letting the rupee find a more natural level in the face of sustained dollar demand and global uncertainty.

India Faces the Risk of a Rare Two-Year BoP Deficit

Citi’s latest note adds another layer of concern: India may be headed for a $5 billion balance of payments deficit in FY2026. If this projection holds, it would mark the first instance since 1991 where India posts back-to-back years of BoP deficits.

A persistently weak rupee, reduced capital inflows, and sluggish export growth all feed into this possibility.

The rupee is now down 4.5% year-to-date, making it one of Asia’s weakest currencies in 2025.

New Technical Levels Shape the Market’s View

Analysts now see 89.50 as the new resistance zone for USD/INR. With importers rushing to hedge and exporters largely inactive, the rupee faces additional pressure in the near term.

FX strategists caution that sentiment remains skewed against the rupee—markets have been positioned short on INR for weeks, and the RBI appears to be allowing gradual adjustment rather than aggressively defending earlier triggers.

The rupee also touched an all-time low of 12.60 against the offshore Chinese yuan, marking an 8% drop for the year.

What Could Stabilise the Rupee?

According to ANZ’s Dhiraj Nim and other analysts, the most critical element now is the U.S.-India trade agreement.
A favorable deal—especially one that softens tariff burdens—could significantly lift investor sentiment and pull USD/INR back from current highs.

Until then, volatility remains the base case.

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Donald trump speech

In a speech that quickly stirred diplomatic ripples, U.S. President Donald Trump claimed he defused tensions between India and Pakistan earlier this year by threatening both countries with a massive 350% tariff. Speaking at the U.S.–Saudi Investment Forum on November 19, 2025, Trump framed himself as the decisive force that kept two nuclear-armed neighbors from “going at it.”

India, however, continues to categorically deny any foreign involvement—and says its de-escalation with Pakistan happened through direct military channels alone.

Trump’s Version: “I Stopped a Nuclear War Using Tariffs”

Standing before a room filled with global investors and Saudi dignitaries, Trump presented the episode as proof of his ability to resolve international conflicts through pressure rather than diplomacy.

“I said, you can go at it, but I’m putting a 350% tariff on each country,” he told the audience, adding that he refused to allow “nuclear dust floating over Los Angeles.”

He claimed:

  • both countries immediately objected,
  • he prepared to impose the tariffs,
  • Treasury Secretary Scott Bessent was ready to sign off,
  • and eventually, both sides stepped back.

Trump went on to say that Pakistan’s Prime Minister Shehbaz Sharif personally thanked him for “saving millions of lives,” and that Narendra Modi called him saying, “We’re not going to go to war.”

He framed tariffs as a diplomatic tool he used to settle “five of eight” global conflicts during his term.

India’s View: A Completely Different Story

If Trump’s account is dramatic, India’s response is decidedly grounded.

New Delhi has repeatedly dismissed claims of American mediation—publicly and consistently. According to India:

  • There was no U.S. intervention in the de-escalation process.
  • The ceasefire understanding was reached on May 10, through direct talks between the Directors General of Military Operations (DGMOs).
  • The U.S. announcement was not reflective of the actual process.

The timeline adds context:

  • On May 7, India launched Operation Sindoor, targeting terror infrastructure in Pakistan and Pakistan-occupied Kashmir after the Pahalgam attack, which killed 26 civilians.
  • Military-level communication continued afterward.
  • On May 10, both countries agreed to halt hostilities.

New Delhi insists the decision was bilateral—not brokered.

Why Trump Keeps Repeating the Claim

Since announcing on social media that Washington had helped secure a “full and immediate” ceasefire, Trump has repeated the claim over 60 times. It has now become a recurring line in speeches, interviews, and bilateral meetings—including another statement made just a day before his latest remarks.

This repetition suggests:

  • a deliberate attempt to project foreign-policy strength ahead of political milestones,
  • a narrative that positions tariffs as a trademark diplomatic tool,
  • and a desire to show influence over two major Asian rivals.

But politically useful narratives and accurate diplomatic history are not always the same thing.

The Geopolitical Undercurrent

Trump’s remarks come at a time when:

  • U.S.–India relations remain strategically important,
  • Pakistan continues to rely on American goodwill,
  • and global scrutiny of regional conflict remains high.

For India, acknowledging foreign mediation—especially U.S. mediation—is politically unacceptable.
For Trump, presenting himself as the man who prevented a South Asian war fits neatly into his broader storyline of tough, unconventional diplomacy.

It is a classic clash of political messaging versus official state positions.

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Epstein Files

The long-shadowed world surrounding Jeffrey Epstein his crimes, his network, and the silence that protected both—has taken a decisive turn. In a rare moment of overwhelming bipartisan alignment, the U.S. House of Representatives voted 427–1 to order the Department of Justice to unseal its extensive cache of Epstein-related records. The Senate has already made it clear that it will pass the measure as soon as it formally arrives.

If the bill becomes law, the Justice Department will be forced to release a massive trove of investigative documents: interview transcripts, seized materials, evidence logs, and communications collected from Epstein’s properties across different states.

And the final step now lies with former President Donald Trump.

Trump’s Unexpected Turnaround

In a move that surprised his own party, Trump—after weeks of resisting the release effort—reversed course over the weekend. He publicly urged Republicans to vote in favor of transparency, declaring that there was “nothing to hide,” even as he criticized the political timing of the debate.

The shift rattled GOP leadership. Figures who had been aligned with Trump’s earlier stance suddenly found themselves pivoting in real time. House Speaker Mike Johnson, who had repeatedly dismissed the release push as political theater, cast his vote for the measure. Others followed suit.

Some Republican lawmakers, however, expressed concern—arguing that releasing thousands of pages of sensitive material could risk damaging the reputations of individuals who may be mentioned but not implicated in wrongdoing. Congressman Clay Higgins voiced particularly strong reservations, warning of “innocent people being hurt” by the disclosures.

Survivors Demand an End to Silence

Earlier in the day, survivors of Epstein’s abuse stood before Congress, advocating for complete transparency. One survivor described their experience as years of “institutional betrayal,” pointing to the network of failures that allowed Epstein’s crimes to persist for so long.

For them, this legislation is more than political momentum—it is a step toward restoring trust in the justice system, and toward acknowledging the many voices that were sidelined or ignored.

Their testimonies were the emotional anchor of the day, reminding lawmakers—and the country—that behind the political stakes lies a deeply human story.

Why These Files Matter

The “Epstein files” have taken on a near-mythic status in public discourse. They contain:

  • Interviews with victims and former associates
  • Notes from investigators
  • Items seized in property raids
  • Communications and travel records
  • Names of individuals linked to Epstein’s social, financial, or logistical networks

While previous document releases—such as the recent 20,000-page dump from Epstein’s estate—have stirred public debate, the Justice Department’s files represent something different: the closest thing to a full, government-held archive.

Trump himself, along with many high-profile figures, has appeared in various Epstein-related documents over the years. None of those documents indicated wrongdoing by those individuals, but their inclusion has added fuel to political speculation.

With Congress now unified and Trump signaling approval, Washington is preparing for a moment that could reshape not only the narrative around Epstein but also the broader expectations of transparency in politically sensitive investigations.

A Rare Bipartisan Flashpoint

In a deeply polarized era, the overwhelming support for releasing the Epstein files stands out. It reflects a larger public frustration with secrecy—particularly in cases involving abuse, exploitation, and institutional protection.

For Congress, this is not merely a legislative vote; it is a statement that accountability should not depend on political convenience.

The coming weeks will determine whether this moment leads to long-awaited clarity—or if it introduces new waves of controversy.

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Bitcoin

After months of relentless momentum, Bitcoin has collided with a stark change in the market mood. On November 18, 2025, the cryptocurrency dropped below 90,000 for the first time in seven months, marking one of the steepest resets of the year. The broader digital-asset space has shed an extraordinary $1.2 trillion in just six weeks, signalling a decisive shift from euphoria to caution.

This is not a typical correction. The speed and scale of the decline reveal how tightly Bitcoin’s fortunes remain intertwined with macroeconomic expectations — and how vulnerable the ecosystem becomes when leverage, sentiment, and institutional flows turn at the same time.

Macro Sentiment Turns Cautious as Rate-Cut Hopes Fade

The primary force behind the reversal is a sweeping change in expectations around U.S. monetary policy. Investors had spent months positioning for imminent rate cuts, but recent data and central bank commentary disrupted that narrative. With borrowing costs likely to stay higher for longer, risk appetite has faded across global markets.

Equities have stumbled. Volatility has returned. And crypto, as one of the most rate-sensitive asset classes, is absorbing the shock directly.

The pullback isn’t happening in isolation — it’s part of a broader reduction in risk exposure.

Institutional Outflows Amplify the Slide

What began as sentiment-driven selling has been reinforced by institutional retreat. Publicly listed crypto companies — from Strategy Inc. to Riot Platforms to Coinbase — have seen sharp declines mirroring Bitcoin’s path.

ETF flows, once a dominant catalyst of the 2025 rally, have also reversed. Large outflows are draining liquidity from the market, limiting the ability of prices to stabilise and accelerating the downward pressure.

The enthusiasm that powered early-year inflows is now operating in reverse.

Leverage Unwinds Intensify the Downturn

One of the most destabilising forces in this decline is the unwinding of leverage. During Bitcoin’s rapid climb, leveraged long positions accumulated aggressively. As prices fell, these positions began hitting liquidation thresholds, creating a cascade of forced selling.

What once fuelled the uptrend is now magnifying the fall.

Alongside this, several large holders have begun locking in profits, adding further supply into an already shaky market.

Activity from Short-Term Holders Suggests Market Stress — But Also Opportunity

Blockchain patterns indicate that short-term holders have become unusually active. Historically, this kind of movement appears near inflection points — either at major bottoms or during periods of structural stress.

Long-term holders, meanwhile, are largely staying put. Their behaviour often acts as an anchor during volatile phases, offering a potential signal that the market may be transitioning into an accumulation zone.

Technical Levels: Support at Risk as Volatility Rises

Bitcoin’s current technical landscape is divided into two clear paths.

Key support: 89,500–90,000
A break below this region increases the probability of deeper declines into:
• 85,000
• 80,000

Derivatives data suggests these zones are the next major areas of interest if selling pressure accelerates.

Upside potential: 93,000–95,000
A convincing rebound from current levels could propel prices back toward this range, especially if bargain-seeking buyers emerge.

The direction now hinges on whether stability returns before technical damage deepens further.

A Split Market: Fear, Opportunity, and the Path Ahead

The crypto community is sharply divided.
• Some view this downturn as the early stage of a broader crypto winter driven by macro strain, institutional cooling, and prolonged leverage resets.
• Others see it as a rare long-term accumulation window — a familiar pattern where violent pullbacks shake out overextended positions before stronger cycles resume.

Both perspectives carry merit. What is unmistakable is that Bitcoin’s current trajectory is tied more closely than ever to the global economic backdrop.

If rate uncertainty persists, if ETF outflows continue, and if leverage remains unstable, the market could revisit lower zones. But if the macro situation steadies, this volatility may prove to be the reset required for a healthier, more durable rally.

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students

The newest Open Doors 2025 report reveals a striking shift in the global student landscape. While total international enrollment in the US grew modestly in 2024–25, the influx of new students has taken a noticeable hit. Fall 2025 saw a 17 percent drop in new international enrollments — the steepest decline in years — following a smaller 7 percent dip in the previous fall.

Visa uncertainties, shifting travel policies, and a more restrictive immigration climate have all played a part. Yet amid these challenges, India remains firmly at the top of the international student pyramid, sending more students to the US than any other country for the second year running.

India Retains No. 1 Position Despite Emerging Headwinds

The 2024–25 academic year saw 3,63,019 Indian students studying in the US — a 10 percent jump from 3,31,602 the previous year. Indians now constitute nearly one-third (30.8%) of all international students in the country.

This milestone comes even as institutions report that fresh enrollment from India has softened noticeably heading into fall 2025. Only 39 percent of US colleges saw stable or rising numbers from India, while the majority reported declines.

The report suggests that the downturn in India’s new enrollments is significant enough to influence the national trend — a sign of how large the Indian student presence has become.

China Reports Its Lowest Numbers in Years

China remains the second-largest source of international students, but its presence continues to shrink. With 2,65,919 students enrolled in 2024–25 — a 4 percent decline — China has reached its lowest US enrollment level in at least eight years.

Together, India and China still account for more than half of all international students in the US, but their trajectories have clearly diverged.

Visa Concerns and Travel Restrictions Remain the Biggest Roadblocks

According to the survey of over 825 US institutions:

  • 96 percent cited visa-related concerns as a major factor behind declining new enrollments in 2025.
  • 68 percent pointed to travel restrictions or logistical barriers.
  • Administrative policies under the Trump administration — including stricter visa scrutiny and enhanced social media screening — continue to cast uncertainty for prospective applicants.

Despite the headwinds, institutions overwhelmingly emphasise the academic and economic value international students bring. Over 81 percent highlighted the importance of global perspectives on campus, while 60 percent stressed their financial contributions.

New Enrollment Declines Hit Graduate Programs Hardest

The underlying details of the report show a split pattern:

  • New undergraduate enrollments grew by 5 percent in 2024–25.
  • New graduate enrollments, however, fell by 15 percent, pulling the overall numbers into negative territory.

This is particularly significant because Indian students have traditionally gravitated toward graduate-level STEM programs — sectors that remain in demand but now face higher barriers to entry.

STEM Continues to Dominate International Student Choices

More than 57 percent of all international students in the US pursued STEM fields in 2024–25. This sustained interest highlights the enduring appeal of American research ecosystems, tech-driven career opportunities, and post-study work pathways linked to STEM degrees.

International students, overall, made up 6.1 percent of the US higher education population — a strong indicator of the country’s continued pull despite policy turbulence.

What Fall 2025 Signals for the Coming Years

The fall 2025 “snapshot,” offering early insights into the 2025–26 academic cycle, shows a measurable tightening:

  • 17 percent decline in new international enrollments
  • More institutions reporting difficulty in attracting Indian students
  • Stabilising or rising enrollments from China and South Korea

The data suggests that the US remains a top global destination, but the path to entry is becoming more complex — especially for students from India.

The next year will depend heavily on visa reforms, diplomatic clarity, and how the US competes with emerging education hubs like Canada, the UK, and Australia, all of which have rolled out student-friendly policies.

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India's GDP

India’s economic trajectory continues on a stable path, with fresh estimates suggesting that GDP growth in the July–September quarter (Q2 FY26) will come in at around 7%. Although this marks a moderation from the 7.8% growth recorded in the first quarter of the fiscal year, the performance still reflects resilience across major sectors despite a more tempered rise in services and agriculture.

Alongside GDP, gross value added (GVA) is also expected to ease slightly from 7.6% in Q1 to 7.1% in Q2, indicating a shift in the contributions of various segments of the economy as the quarter progressed.

Sectoral Dynamics: Industry Surges as Services and Agriculture Cool

According to the analysis, the most notable change lies in the contrasting trajectories of industry and services. The services sector—long viewed as the backbone of India’s growth—likely expanded at 7.4%, significantly below its 9.3% rise in Q1. Agriculture too softened, dipping marginally from 3.7% to 3.5%.

However, this moderation is partially offset by a strong rebound in the industrial sector. Industry is projected to post a five-quarter high of 7.8%, up sharply from the previous quarter’s 6.3%.

This momentum is attributed to a combination of early festive-season inventory stocking, higher production volumes following GST rationalisation, and front-loaded exports to the United States ahead of tariff changes. Together, these factors created a temporary but meaningful boost in manufacturing activity.

GVA-GDP Spread Expected to Narrow Again

One of the more technical but important insights from the report is the expected reversal in the GVA-GDP growth gap. After turning positive in Q1, the spread is forecast to slip back into negative territory by around 10 basis points.

A significant reason is the contraction in net indirect taxes—shifting from a robust 9.5% growth in Q1 to a decline of 5.2% in Q2. Subsidies, while still negative, also shrank at a slower pace. These tax and subsidy adjustments played a key part in GDP calculations and influenced the overall spread.

Government Spending Slows, Influencing Growth Pace

The quarter also saw a more restrained rise in government expenditure. Economists highlight that this softer fiscal impulse could weigh on GDP and GVA compared to the stronger momentum visible in the opening months of the fiscal year.

Yet, the private sector’s activity and manufacturing uplift helped prevent a deeper moderation in headline growth.

Capital Expenditure Trends Show Mixed Signals

Capital expenditure remained a central component of the growth narrative, though the numbers point to a normalization from the previous quarter’s surge.

Gross capital expenditure growth slowed to 30.7% year-on-year in Q2 FY26, easing from the exceptionally high 52% jump in Q1. However, when compared to the same period a year ago, capex remains on a significantly stronger base.

In absolute terms, average monthly capex climbed to Rs 1,019 billion in Q2—up from Rs 917 billion in Q1. Meanwhile, average monthly private capex rose to Rs 544 billion, nearly half the government’s level, and considerably higher than the Rs 378 billion average recorded in Q1.

These numbers show that although the pace of growth has settled, investment activity across the economy remains elevated.

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Delhi

Delhi has stepped into November with an unexpected chill that has taken the city by surprise. A sudden drop in temperature to 9°C has marked the coldest November night in nearly three years, signalling that winter has arrived earlier than usual in the national capital.

Why the Sudden Temperature Drop?

Meteorologists attribute this sharp dip to a familiar winter pattern: clear skies and cold north-westerly winds. The absence of cloud cover allows daytime warmth to escape quickly after sunset, while icy winds descending from the Himalayas intensify the cooling process. The combination created perfect conditions for Delhi’s early winter night.

Some local pockets, including the Ridge, hovered close to cold-wave conditions. However, the India Meteorological Department has not yet declared an official cold wave, noting that the required criteria—two stations recording significantly below-normal temperatures for two consecutive days—has not been fully met.

How Cold Is This Compared to Previous Years?

The new low stands out when compared with recent Novembers. In 2022, Delhi experienced a 7.3°C minimum, but the years that followed saw temperatures staying comfortably above 9°C. This makes this year’s sudden drop especially notable, hinting at a potentially colder winter ahead.

Air Quality Adds to the City’s Discomfort

Even as residents pull out their woollens earlier than expected, the air remains thick with pollution. The city continues to battle very poor to severe air quality levels, creating a dense layer that traps cold air and pollutants near the surface.

This stagnant mix of smoke, fog, and dust has made mornings particularly harsh, with many residents reporting burning eyes, reduced visibility, and a biting chill as they step outside.

What Lies Ahead for Delhi?

Forecasts suggest that the mercury may fall even further, possibly reaching 8°C in the coming days. Foggy mornings are expected to become a more regular feature as winter settles in.

Whether this early cold marks the beginning of a prolonged winter or a short-lived dip remains to be seen. For now, Delhi’s winter has made a clear and early statement.

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Sheikh Hasina

Bangladesh has been thrust into one of the most consequential moments in its modern political history. Former prime minister Sheikh Hasina, long seen as one of the region’s most polarizing leaders, has been sentenced to death for crimes against humanity. The verdict, delivered in her absence by Dhaka’s international crimes tribunal, stems from a deadly crackdown on student protesters that ignited a nationwide movement and eventually toppled her government.

Hasina, now in exile in India, has denounced the trial as a politically engineered spectacle. But inside Bangladesh, the ruling has landed with extraordinary force, stirring grief, fury, and a renewed debate over accountability, state violence, and justice in a country trying to rebuild after a year of sweeping unrest.

A Rare and Sweeping Conviction

The tribunal’s judgment centers on charges that Hasina directly authorized the use of lethal force—including drones, helicopters, and live ammunition—against civilian demonstrators during last year’s uprising. Prosecutors argued that she not only failed to prevent the violence but orchestrated operations that led to mass casualties.

Judges stated that her decisions and inaction contributed to atrocities that left as many as 1,400 people dead across weeks of unrest, making it one of Bangladesh’s deadliest political crises since 1971.

Hasina’s co-accused, former home minister Asaduzzaman Khan, also received a death sentence. Former police chief Chowdhury Abdullah al-Mamun, once considered one of Hasina’s most trusted enforcers, turned state witness and received leniency in exchange for testimony.

A Trial Defined by Absence, Trauma, and Tension

Hasina’s absence was the defining visual of the courtroom. Families of victims wept openly as the verdict was read, many seeing the decision as the first true acknowledgment of the suffering they endured. For them, this was not merely a legal victory but an emotional release.

Their grief, however, was set against a tense Dhaka. The days leading up to the ruling saw a surge in political violence, crude bombs detonated in various parts of the capital, and police enforcing shoot-on-sight orders for anyone attempting to incite chaos. On the morning of the verdict, an explosive hurled near the tribunal sent shockwaves of panic through the city.

The trial itself was broadcast widely—a deliberate move by the interim government to showcase transparency. Yet the tribunal has faced criticism from human rights groups who argue that despite recent reforms, it still lacks essential safeguards and retains the power to deliver capital punishment.

The July Revolution and Its Political Aftershocks

The uprising that toppled Hasina started with students resisting policies they saw as suppressive, only to evolve into a nationwide revolt that dismantled her 15-year rule.

For many, her time in power is remembered less for economic growth and more for allegations of corruption, authoritarianism, enforced disappearances, and a climate of fear. The uprising was a release of long-simmering anger, and the tribunal’s verdict is seen by supporters as a form of long-overdue justice.

Hasina insists she acted in good faith, claiming the tribunal is a political weapon designed to eliminate her legacy. Her son, Sajeeb Wazed, has vowed retaliation, calling the verdict outrageous and signaling that the Awami League will not retreat quietly—even as the party remains banned from participating in the upcoming February elections.

India’s Role and the Diplomatic Cross-Currents

Hasina’s presence in India adds a delicate international dimension. New Delhi has refused to extradite her, choosing instead to keep her under protection despite mounting pressure from Dhaka’s interim government. India now stands at a geopolitical crossroads as Bangladesh enters its most fragile transition in decades.

Hasina’s supporters argue that her exile is a necessary safeguard against political assassination. Critics say it complicates accountability and fuels diplomatic strain.

A Nation at a Crossroads

The death sentence has deeply divided the nation.
For families who lost loved ones, it is the only verdict they find acceptable.
For Hasina loyalists, it is evidence of a politically motivated purge.
For neutral observers, it is a stark moment revealing both Bangladesh’s determination to confront its past and the challenges of doing so in a polarized environment.

As the country prepares for its first post-Hasina election, uncertainty hangs heavily. Whether this verdict ushers in a new era of justice or intensifies political instability remains to be seen.

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Donald trump

In a notable departure from his earlier tariff-heavy trade strategy, US President Donald Trump has rolled back duties on a wide range of imported agricultural and processed-food items. The decision, effective from November 13, eliminates a 50% reciprocal tariff on hundreds of goods—many of which form part of India’s export basket.

This comes as the administration faces rising criticism over consumer prices and pressure to stabilise the domestic food market.

What Triggered the Change?

The revised exemption list—released as Annexure II—reflects what Trump called “additional information and recommendations” from trade and economic advisors. In his executive order, the president stated that certain agricultural products should no longer fall under the earlier tariff regime, marking a clear softening of a policy that once defined his trade stance.

The update covers 254 new items, including 229 agricultural products, representing over $1 billion of India’s exports to the US.

A Boost for India’s Agri Exporters

India’s agricultural shipments to the US are valued at roughly $5.7 billion annually. Although the newly exempted products form a smaller chunk of that total, the strategic importance is far greater than the numbers suggest.

Key Products Now at Zero Duty

  • Fruits and nuts: mangoes, guavas, coconuts, cashews, bananas, pineapples, areca nuts
  • Tea and coffee: all 12 categories exported by India
  • Spices: nearly all varieties except thyme, totaling $358.66 million in export value
  • Processed foods: juices, cocoa preparations, fruit pulps, coffee extracts, vegetable waxes
  • Essential oils: now newly classified and allowed with zero-duty access

These categories align with India’s strong global export performance, particularly in high-value, labour-intensive agricultural segments.

Why This Matters for India’s Farmers

Trade experts note that while the dollar figures may not appear headline-grabbing, the real impact lies in the agricultural value chain, where millions of workers depend on steady demand.

Removing duties:

  • Makes Indian products more competitive
  • Levels the playing field with other suppliers
  • Encourages value-added production rather than raw commodity exports
  • Supports small growers, farmer cooperatives, and processing units

With established supply networks and deep diaspora-linked demand, India is positioned to scale quickly.

Domestic Politics Behind the Tariff Retreat

The move is also tied to America’s domestic economic mood. Voters in several states expressed frustration over rising prices during recent off-year elections, leading to significant Democratic victories. Trump acknowledged that tariffs “may, in some cases” push consumer prices up—an unusual admission from a leader who has long defended them as cost-free.

Record-high beef prices, influenced partly by tariffs on Brazil, created additional political pressure.

Speaking aboard Air Force One, Trump described the rollback as “a little bit of a rollback on some foods like coffee,” but the implications are far larger.

What Happens Next?

The tariff reversal could reset trade dynamics between India and the United States, opening opportunities for long-term collaboration in food supply chains, specialty foods, and processed agricultural goods. For US consumers, the change may ease inflationary pressures on premium food categories.

For India, it represents both economic potential and validation of its reputation as a reliable agricultural supplier.

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