The TMC-led West Bengal government has already started laying the groundwork for the election, setting the tone with the recent Bengal Global Business Summit and the state Budget.
Sukanta Majumdar, the state BJP president, said, "Amit Shah has set a target of 35 seats. We will achieve that".
Actor-turned-politician and sitting MP Locket Chatterjee has been fielded from Chunchura and another MP Nishit Parmanik from Dinhata. Also, a number of film personalities have been nominated as candidates in the high-stakes battle for West Bengal.
Leader of Opposition Suvendu Adhikari objected to Roy's elevation, arguing that the MLA, who had crossed over to the ruling Trinamool Congress last month after winning the polls on a BJP ticket, cannot be considered a legislator of the saffron camp.
BJP's Adhikari said that an opposition MLA is usually appointed as the PAC chairperson following the norm, but the TMC misused that rule to appoint Roy as its chairman.
Jewellery showrooms in Tamil Nadu and Andhra Pradesh were also opened.
Now for the first time, the top team in North Block has the predominance of IAS officers.
The government said on Friday there is no proposal to ban participatory notes, which are instruments through which unregistered entities invest in the Indian securities markets.
Reserve Bank Governor Y V Reddy met Finance Minister P Chidambaram in New Delhi on Tuesday and is understood to have discussed measures to tackle the rupee appreciation.
Hailing the Supreme Court verdict on tax exemption to Mauritius-based companies, the finance ministry said on Wednesday that it would help in higher inflow from foreign institutional investors.
Securities and Exchange Board of India is keeping close watch on scrips of Reliance Industries Ltd in the light of allegations made by Anil Ambani about breach of corporate governance norms in RIL.
Reserve Bank has expressed dissent at the finance ministry panel's suggestion on allowing foreign institutional investors to issue Participatory Notes and allowing them to take exposure in India's debt instruments.
The Finance Ministry on Thursday said interest rates, now on an upswing, are not prohibitively high to kill growth but felt moderate rates are crucial to spur economic activity.
The finance ministry on Thursday exuded confidence of a high growth prospect and lower fiscal deficit during 2005-06 but indicated that there was no reason to be complacent on the price front.
The finance ministry and the Reserve Bank are keeping a close watch on price movements in a bid to ensure that inflation remains moderate amid volatile global oil prices.
The government said on Tuesday it is keeping a close watch on the price movements in a bid to keep inflation around five per cent.
The finance ministry is looking into the Lahiri Committee report on revamping of petroleum duties, chief economic adviser Ashok Lahiri said on Tuesday.
Admitting that infrastructural bottlenecks were deterring foreign investment, the finance ministry on Wednesday said FDI inflow declined by 24 per cent to $4.66 billion last fiscal.
Government will continue to pursue policies to ensure double-digit growth in the coming years while inflation is likely to remain below 5.0 per cent till March end
The Ashok Lahiri committee on tariff structure for crude oil and petroleum products is likely to submit its report by December 31 this year, Minister of State for Finance S S Palanimanickam said on Monday.
The finance ministry is not revising its inflation target of 5 to 5.5 per cent for 2005-06 even after the fuel price hike.
The finance ministry on Thursday said the economy was poised to grow by 7 per cent this fiscal despite the delay in monsoon, but admitted that high global oil prices were a matter of concern.
The government on Friday said inflation is expected to be below 5 per cent in 2004-05.
The government on Friday put a brave front over rising fiscal deficit saying it will remain on target at 5.6 per cent of the GDP following improved revenue collection and expenditure control.
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