Kumar, a well-known economist and the author of several books, would succeed Amit Mitra, who has become the Finance Minister of West Bengal.
Gujarat Chief Minister Narendra Modi on Sunday termed the West Bengal assembly polls as a "freedom movement" of people entangled into 35-year-long vicious cycle of "oppression".
West Bengal Pradesh Congress Committee President Adhir Ranjan Chowdhury on Saturday criticised the statements of West Bengal ministers against Ratan Tata, and said Tata's views and opinions about the development of the state would always be welcomed by the people of Bengal.
In a telephonic conversation, Mitra explains to Namrata Acharya how the state is reeling under a huge debt, a 'legacy' of the Left government.
The company had decided to set up an office in Mumbai last year but had to shelve its plans because of recession and market conditions. The company as part of a consortium had placed bids in infrastructure projects last year in Malegaon, Pune, Chennai, Hyderabad.
The six AEZs in West Bengal are for pineapple, lychee, potato, mango, vegetables and Darjeeling tea.
It's seen as a signal that he wants to engage with India Inc at a time when the economy has started looking up.
Pharma exports from India to Russia have doubled in the last five years.
Whenever people think of India, they will think of Ficci as a place they could go to facilitate investment, says Rajiv Kumar.
The Ministry of Company Affairs (MCA) has sent notices to all Indian Premier League franchisees, both old and new, asking them to furnish detailed company-related information.
No longer Bengal's finance minister, Amit Mitra, Mamata's principal chief advisor, will still advise and aid the 'chief minister and finance department on all matters relating to management of state finance', represent the 'state government in national and international events/meetings/committees' and examine 'important proposals/files and policy issues relating to financial matters referred to him for advice/views'.
With the commissioning of the 2,000 MW Tala hydel power project scheduled for July 2006, Bhutan is all set to start exporting 2,500 MW power to India by the year end, Bhutan ambassador to India Lyonpo Dago Tshering said on Monday.
It would operate round the clock and seven days a week, said the Chief Minister, adding 'you can reach us on a telephone call, within a short time'.
The Centre mopped up Rs 2.46 lakh crore from indirect taxes in the last fiscal, as much as Rs 2,000 crore (Rs 20 billion) more than the revised target, despite stimulus packages.
Finance Minister Pranab Mukherjee has also said that the bill on DTC was likely to be tabled in the monsoon session of Parliament.
The state received robust investment announcements worth Rs 2,43,489 crore in calendar 2007. In calendar 2008, investments fell 63 per cent, to Rs 90,095 crore (Rs 900.95 billion). The general slowdown in economic growth, however, may also have played a part in Bengal's declining rank, given that many of its major investments were in such sectors as steel, real estate and power, all of which are current casualties of slowing demand.
The application for visas to the United States is likely to increase by about 40-50 per cent in the coming five years, said Henry V Jardine, Consul General of the United States at the Bengal National Chamber Of Commerce and Industries in Kolkata.
India will remain on top in Japan's ODA list and is expected to strengthen its relations with Japan.
Mitra said that Tata group firm TCS was creating additional 20,000 jobs.
Nandigram may have turned into a war zone once more but the industry feels that the issue is national. Despite the current crisis being a turf war between the political parties, the genesis of the issue is land acquisition for a chemical hub project. Harsh K Jha, president, Indian Chamber of Commerce and MD of Tata Metaliks, said Nandigram per se may be a state issue but it has affected the investment climate and land acquisition across the country.
Leading business groups of the country like Reliance and the Tatas have shown interest in entering the Sudanese market, Ambassador of Sudan in India Abdal Mahmood Adbal Haleem Mohammad said on Monday.
India expects an inflow of $12 billion foreign direct investment into the country during the 2006-07 fiscal, a government official said on Saturday. \n
West Bengal, the chief minister said, cannot be compared with other states and despite all hurdles it had an increased revenue generation over the last three years from Rs 21,000 crore (Rs 210 billion) to Rs 40,000 crore (Rs 400 billion).
Bengal Finance Minister Amit Mitra expressed confidence in GST.
By May this year, awards in highways projects will swell to Rs 2 lakh crore from Rs 1.6 lakh crore now
'The Arunachal border is not demarcated in that way, so there can be differing perceptions (between two sides)'
The chances of the posts opening remain slim, with security agencies recently identifying 10 suspects who smuggled in weapons, narcotics and fake currency.
Rediff poll: Can Mamata transform Kolkata into London?
Chairman Emeritus of Tata Sons Ratan Tata said shifting the Nano car plant from Singur in West Bengal was a prudent move in hindsight but gave the group a high negative cost.
He will succeed Kerala Finance Minister K M Mani.
The prime minister is likely to talk about its possible extension.
Banerjee urged President Pranab Mukherjee to "save" the people of the country from the hardship caused by demonetisation and the resultant cash crisis
Sushma Swaraj arrived in Bangladesh capital Dhaka on Wednesday night on her first official visit abroad after becoming External Affairs Minister during which she will hold talks with the top leadership on key bilateral issues including land boundary agreement, proposed Teesta river pact and illegal immigration.
India's first Winter Olympian, Shiva Keshavan, on Monday urged the authorities to come forward and help the athletes who are left to battle all odds in their quest to bring laurels to the country. Taking part in a panel discussion under the banner 'International Convention on Business of Sports', organised by Federation of Indian Chambers of Commerce and Industry (FICCI) here, the youngest ever athlete to officially qualify for the Olympic Games in luge said, "We sportsmen are always very altruistic. We focus so much on doing well in our respective disciplines that nothing else matters to us. But, the government should come forward and help us nonetheless." The 34-year-old athlete from Manali took part as an independent participant in 2014 Sochi Winter Olympics due to the suspension of Indian Olympic Association (IOA). However, as the ban was lifted while the Games were still on, he ended up competing under the Indian flag. "I have taken part in five Winter Olympics without a coach. I always wanted to be trained under a good coach. But later, I realised that I wasted a lot of time chasing a lot of things," said Keshavan who finally found a coach in American Duncan Kennedy but had to part ways after a short stint due to financial constraints. "The government was only paying for a part of his (Kennedy's) salary," he said.
Despite presiding over scores of factories in what is today India's largest garment exporter with 105,000 employees, Ahuja is a modest man with much to be immodest about. He tells Rahul Jacob that the government needs a free trade agreement with Europe fast to ensure a level-playing field with Bangladesh and Vietnam.
Shortage of seeds, threat of El Nino expected to restrict sowing.
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Climate change and US-India collaborations in renewable energy resources will be up for discussion at the US-India energy summit coinciding with Prime Minister Narendra Modi's visit to Washington, DC, later this month, reports Aziz Haniffa.
Not many people in Bangladesh are talking about the Teesta issue.
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