The deceased identified as Ateef Sheikh is an Indian national of Manipuri ethnicity and was a final-year medical student at University of Science and Technology Chittagong (USTC).
Dhaka Tribune quoted a police official as saying that the incident took place at a flat in Lakeview society's Abdul Hamid Road late Friday night.
According to the report, Ateef was living with three other Indian medical students studying at USTC.
Ateef was rushed to Chittagong Medical College Hospital (CMCH) as his throat was hit with something sharp that caused severe bleeding during the dispute.
However, he died before reaching the hospital. Police is investigating the matter. (ANI)