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India Reviewing Bangladesh's Request to Extradite Sheikh Hasina

  India Reviewing Bangladesh's Request to Extradite Sheikh Hasina Indian authorities are examining Bangladesh's request to extradite former Prime Minister Sheikh Hasina, who has been living in India since being removed from office during the student-led mass uprising in August 2024. According to a report by the Times of India , the Indian government informed the Parliamentary Standing Committee on External Affairs that the extradition request is currently under review by the relevant authorities. The committee's report, presented to the Lok Sabha on Thursday, outlined the government's response to recommendations contained in its ninth report on the future of India-Bangladesh relations. The committee is chaired by Congress MP Shashi Tharoor. The report noted that the committee had sought an update after Bangladesh formally requested Sheikh Hasina's extradition following her conviction and death sentence in absentia. Sheikh Hasina fled to India after being ousted from...

GDP Growth Slows to 3% in Oct–Dec, Raising Concerns Amid Middle East Crisis

 



GDP Growth Slows to 3% in Oct–Dec, Raising Concerns Amid Middle East Crisis

Bangladesh’s economic growth lost momentum in the second quarter of the current fiscal year, sparking concerns as global uncertainties intensify.

According to data released Tuesday by the Bangladesh Bureau of Statistics (BBS), GDP growth stood at 3.03% during the October–December period. This marks a notable decline from 4.96% recorded in the previous quarter (July–September), when growth was close to 5%.

The slowdown comes at a time when the global energy market has been disrupted by the Iran–Israel conflict that began in late February. The resulting fuel supply crisis has prompted many countries to adopt precautionary measures in fuel consumption, which could dampen economic activity worldwide—including in Bangladesh. Domestically, long queues at fuel stations reflect mounting pressure on supply.

What GDP Growth Means

GDP growth measures how much a country’s overall economic output has increased compared to a previous period. It is widely used as a key indicator of economic health.

GDP represents the total monetary value of all goods and services produced within a country over a specific timeframe, typically a year. Generally, higher GDP growth signals rising incomes and a more active economy. However, the benefits of this growth do not always reach everyone equally. Real development occurs only when its benefits reach all levels of society, especially those on low incomes.

Sector-wise Performance

BBS data also highlights varying performance across key sectors:

1. Industry: Growth slowed significantly to 1.27%, the lowest among all sectors

2. Agriculture: Recorded moderate growth of 3.68%

3. Services: Led with a growth rate of 4.45%

The overall GDP performance has traditionally depended heavily on the industrial sector, making its slowdown a key concern for the broader economy.

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