![A significant coming together](https://cdn.magzter.com/1547192204/1719773392/articles/XDwEL6h38LHjH34XMsNsys/A-SIGNIFICANT-COMING-TOGETHER.jpg)
With more sectors added to the mix every year and deeper engagement in the ones established, Bangladesh-India relations have reached levels where they are significant force multipliers for each other. Straddling political hoop steps, India now supplies almost 2 Gw to Bangladesh, just less than 8 per cent of domestic power generation in the country. Sharing river waters, mostly of the Teesta, has not yet, however, been agreed upon.
Yet both countries have agreed that a technical team will soon visit Bangladesh to discuss conserving the waters and managing the river. It is a key step just short of an agreement to share the river, which flows from India to Bangladesh with 85 per cent of the catchment area in the former. For Bangladesh, this is a huge vote of confidence in its relations with India and follows a series of rapid confidence-building measures the two countries launched since last year to improve connectivity.
The two countries have agreed on allowing much larger use of their common waterways by all types of ships from both countries. There are 54 rivers flowing through the two countries. Using these rivers will be the basis of forming a Regional Waterways Grid. As a position paper issued by the Ministry of Ports, Shipping and Waterways notes about the grid, it is expected to "enhance economic activity in the region by supporting crossborder trade, aid in trade facilitation, boost economic and transport corridors, and overall regional development". The grid connects not just these two countries but also Nepal, Bhutan, and, even further ahead, Myanmar. There is economic rationale since India is Bangladesh's second-largest trading partner (see table 2).
This story is from the July 01, 2024 edition of Business Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the July 01, 2024 edition of Business Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Scrapping NEET-UG not rational, Centre tells SC
The Centre on Friday told the Supreme Court that scrapping the National Eligibility-cumEntrance Test-Undergraduate (NEET-UG)-2024 examination would not be a rational step in the absence of proof of largescale breach of confidentiality of the exam.
Lone Fox in the twilight
For readers and non-readers alike, Ruskin Bond has been a beacon of Indian literature for children, especially in the short-story genre.
Veg thali price up 10% in June on costlier veggies
The average cost of a vegetarian thali in India rose by 10 per cent in June due to an increase in prices of onion, potato, and tomato, a report by Crisil said on Friday.
![Stay calm, sleep well: PM to Paris-bound athletes](https://reseuro.magzter.com/100x125/articles/18959/1756094/XWJS4r2OadMtfHqTPGusys/STAY-CALM-SLEEP-WELL-PM-TO-PARISBOUND-ATHLETES.jpg)
Stay calm, sleep well: PM to Paris-bound athletes
Neeraj Chopra shared his fitness concerns, P V Sindhu talked about the significance of selfbelief and Nikhat Zareen could barely hide her excitement about being a first-time Olympian during a light-hearted interaction with Prime Minister Narendra Modi, who advised the Paris-bound group to stay calm and sleep well for best results.
![Content marketing before its time](https://reseuro.magzter.com/100x125/articles/18959/1756094/TGH5JXvYb4QFDhnBVdtsys/CONTENT-MARKETING-BEFORE-ITS-TIME.jpg)
Content marketing before its time
The 1976 film Manthan, based on the origin of the Gujarat Co-operative Milk Federation Marketing (GCMMF-Amul Dairy), was recently in the news.
![Cashless denied? Swipe card, go for secured loans](https://reseuro.magzter.com/100x125/articles/18959/1756094/uQYNzBr5EbUIrnQ6TRNsys/CASHLESS-DENIED-SWIPE-CARD-GO-FOR-SECURED-LOANS.jpg)
Cashless denied? Swipe card, go for secured loans
A recent survey by Policybazaar.com found that many people with health insurance policies face challenges when denied the cashless facility and forced to make upfront payments at hospitals.
![Muted Q1 performance for listed media majors](https://reseuro.magzter.com/100x125/articles/18959/1756094/TSvb6jVqYNEREUmCVrgsys/MUTED-Q1-PERFORMANCE-FOR-LISTED-MEDIA-MAJORS.jpg)
Muted Q1 performance for listed media majors
Polls, cricket, lack of big-budget movies hit broadcasters' showing
Earnings upgrade, valuation uptick for consumer majors
Analysts are turning their attention to the fast-moving consumer goods (FMCG) sector for several reasons.
![HDFC Bank shares drop 5% on weak 01](https://reseuro.magzter.com/100x125/articles/18959/1756094/h22IrhTwyGPYG5iQ6tAsys/HDFC-BANK-SHARES-DROP-5-ON-WEAK-01.jpg)
HDFC Bank shares drop 5% on weak 01
HDFC Bank shares plunged 4.55 per cent on Friday to close at 1,648.10 on the BSE, after the bank reported a sequential decline in both advances and deposits for the quarter ending June 2024 (Q1FY25).
Sensex, Nifty log fifth straight weekly advance
But sharp losses in HDFC Bank drag benchmark indices lower on Friday