India has lost its role in the Mongla Port project.
Bangladesh now appears poised to move forward with its long-envisioned Teesta project with Chinese support, while also considering the purchase of Chinese fighter jets and the launch of the Bangladesh-Myanmar-China economic corridor.
These developments have reportedly heightened India's strategic concerns.
Despite its efforts, India has been unable to bring Bangladesh firmly within its sphere of influence.
Now, it is alleged that India is preparing to play its "Hasina card" by facilitating the return of fascist Sheikh Hasina to Bangladesh.
Now, it remains to be seen how the relatively weak BNP-led government and the people of Bangladesh will respond, and what the country's future holds.