India is now grappling with the delicate task of finding a sanctuary for the ousted Sheikh Hasina, who had long been a steadfast and trusted ally in South Asia. The decision is aimed at preventing further deterioration in its already strained relations with Bangladesh. Meanwhile, the new interim government, led by Nobel laureate Dr. Yunus, seems to be gathering momentum and is poised to reshape the regional political landscape. Once celebrated as an “Iron Lady” for bringing stability—an essential prerequisite for business, whether for democratic or authoritarian powers—Hasina’s dislodgement by a popular uprising now compels every major global player to reassess their strategies. Hasina’s fall from power has been marked by a violent and disgraceful exit, which resulted in approximately 1,500 deaths, including children. This tragic outcome underscores one of the bloodiest modern-day attempts by any dictator to cling to power. Her efforts crumbled when security chiefs refused to shoot civ...

 In the hours before Sheikh Hasina fled Gonobhaban, her official residence in Dhaka, on 5 August, Bangladeshi security forces killed scores of protesters who had joined a huge march to the capital demanding an end to her autocratic rule. Around the same time, it has since been reported, Hasina had pressured the army chief to enforce a curfew using deadly force, which would have meant the military joining the bloodbath. The army chief refused. The prime minister’s desperate hold on power finally slipped when security chiefs warned that the advancing protesters would reach Gonobhaban within an hour and they doubted their ability to contain the crowd. Speculation that India, her strongest international ally, would intervene in her favour proved unfounded, and Hasina was left at the mercy of the military, which ultimately facilitated her escape across the border. She wound up at a safe house in Delhi, trying but failing to gain asylum in the United Kingdom. All told, the...