Category: South Asia

Saturday Banking Extended for Mango Market Transactions 1 Saturday Banking Extended for Mango Market Transactions

Saturday Banking Extended for Mango Market Transactions

Bangladesh Bank has directed scheduled banks to keep selected branches and sub-branches open on Saturdays in major mango-producing districts of the greater Rajshahi region, seeking to ensure smooth financial transactions during the peak of the country’s mango harvesting and trading season. The decision comes at a time when wholesale fruit markets across north-western Bangladesh are […]
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Air India Crew Sanctioned After Pakistan Airspace Incursion 2 Air India Crew Sanctioned After Pakistan Airspace Incursion

Air India Crew Sanctioned After Pakistan Airspace Incursion

An Air India pilot has been removed from operational duties after a domestic flight briefly entered Pakistani airspace during a landing attempt at Amritsar, prompting regulatory scrutiny and disciplinary action against both flight crew members and air traffic control personnel. The incident involved Air India flight AI479, an Airbus A321 operating between New Delhi and […]
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BGB Seizes Pistols Explosives in Barlekha Border Raid 2 BGB Seizes Pistols, Explosives in Barlekha Border Raid

BGB Seizes Pistols, Explosives in Barlekha Border Raid

Border Guard Bangladesh (BGB) has recovered three foreign-made pistols and a substantial cache of high-powered explosives during a special operation in the Barlekha border area of Moulvibazar, in what officials described as a significant success in efforts to curb cross-border smuggling and illegal trafficking. The seizure was made during a late-night intelligence-led operation conducted by […]
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Tokio Marine Indonesia Capital Strength Remains Resilient 1 Tokio Marine Indonesia Capital Strength Remains Resilient

Tokio Marine Indonesia Capital Strength Remains Resilient

PT Asuransi Tokio Marine Indonesia (TMI) is expected to maintain its strongest level of risk-adjusted capitalisation over the medium term, supported by steady internal capital generation and a conservative investment strategy, despite facing certain reinsurance-related risks, according to a recent assessment by AM Best. The global credit rating agency said the insurer’s balance sheet strength […]
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India Sets Up AI Task Force for Insurance Sector 1 India Sets Up AI Task Force for Insurance Sector

India Sets Up AI Task Force for Insurance Sector

India’s insurance regulator has formed a dedicated working group to examine the growing use of artificial intelligence (AI) across the insurance industry and develop safeguards to address emerging risks linked to the rapidly evolving technology. The Insurance Regulatory and Development Authority of India (IRDAI) has established a seven-member panel to create governance frameworks and recommend […]
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Climate Insurance Gap Threatens Global Economic Stability 1 Climate Insurance Gap Threatens Global Economic Stability

Climate Insurance Gap Threatens Global Economic Stability

The global economy could suffer uninsured climate-related losses of up to $41.4 trillion over the next 20 years, according to a new report from Moody’s, which warns that the growing gap between economic losses and insurance coverage is becoming a serious threat to financial stability worldwide. The report highlights the widening “insurance protection gap” — […]
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Anupam Roys Dhaka Concert Postponed Full Ticket Refunds Promised Anupam Roy's Dhaka Concert Postponed; Full Ticket Refunds Promised

Anupam Roy’s Dhaka Concert Postponed; Full Ticket Refunds Promised

The scheduled concert of acclaimed Indian singer, songwriter, and composer Anupam Roy in Dhaka has been abruptly cancelled just a day before the event, leaving fans disappointed and organisers citing an unexpected directive from authorities. The performance, which was set to take place on Friday (26 June) at the United Convention Centre in the capital, […]
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Mass Killing in Raipur Leaves Five Family Members Dead Mass Killing in Raipur Leaves Five Family Members Dead

Mass Killing in Raipur Leaves Five Family Members Dead

A devastating attack in Raipur Upazila of Lakshmipur has left five members of the same family dead, following a brutal assault that has shocked the local community and triggered widespread grief. The incident occurred on Thursday afternoon in a rented residence in the Dhannhata riverside area of Raipur municipal town, within Raipur Upazila in Lakshmipur […]
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