Bangladesh has slashed its electricity imports from India’s Adani Power by half, citing reduced winter demand and unresolved payment issues amounting to hundreds of millions of dollars, according to government officials, as reported by Reuters. Adani Power reduced its supply on October 31, citing delayed payments from Bangladesh, grappling with a foreign exchange crisis. High Costs Under Scrutiny Adani’s power …
Bangladesh's top court has ordered Nobel laureate and microfinance pioneer Muhammad Yunus to pay more than $1 million in taxes on a $7 million donation made to three charitable trusts, lawyers said Monday. Yunus, 83, is credited with lifting millions out of poverty with his pioneering micro-credit bank, but he has fallen out with Prime Minister Sheikh Hasina, who has …
