News for 'Saugata'

Rahul Gandhi, Gautam Adani visit Pawar's residence

Rahul Gandhi, Gautam Adani visit Pawar's residence

Rediff.com10 Dec 2025

Political and business leaders, including Rahul Gandhi and Gautam Adani, gathered at Sharad Pawar's residence for a pre-birthday dinner.

Mamata demands Modi's apology over 'Bankim da' remark

Mamata demands Modi's apology over 'Bankim da' remark

Rediff.com9 Dec 2025

West Bengal Chief Minister Mamata Banerjee demanded an apology from Prime Minister Narendra Modi for allegedly insulting novelist Bankim Chandra Chattopadhyay by calling him "Bankim da."

Marico to buy majority stake in popcorn brand 4700BC from PVR Inox

Marico to buy majority stake in popcorn brand 4700BC from PVR Inox

Rediff.com27 Jan 2026

Marico has entered into a definitive agreement with PVR INOX to buy its 93.27 per cent stake in Zea Maize Private Limited (ZMPL), which owns the gourmet popcorn brand 4700BC, in an all-cash transaction worth Rs 226.8 crore.

Durgapur gang rape: TMC MP asks women to 'exercise caution'

Durgapur gang rape: TMC MP asks women to 'exercise caution'

Rediff.com13 Oct 2025

Senior TMC MP Saugata Roy's comments on the Durgapur gang rape case, advising women to be cautious, have sparked controversy. This follows similar remarks by Chief Minister Mamata Banerjee, drawing criticism from opposition parties.

Mutual Fund Transactions Surge Online

Mutual Fund Transactions Surge Online

Rediff.com28 Nov 2025

Major fund houses report a sharp rise in online transactions, driven by changing investor habits, distributor behaviour, and fast-growing fintech platforms.

Marico Q2 net down 0.7%

Marico Q2 net down 0.7%

Rediff.com16 Nov 2025

The consolidated net profit of Marico, the maker of Parachute coconut oil, declined 0.7 per cent in the second quarter (July-September) of 2025-26 (Q2FY26).

Govt plans to levy excise duty on tobacco, cess on pan masala

Govt plans to levy excise duty on tobacco, cess on pan masala

Rediff.com1 Dec 2025

Finance Minister Nirmala Sitharaman on Monday introduced two bills in the Lok Sabha to levy excise duty on tobacco and tobacco products, and a new cess on manufacturing of pan masala, which will replace the GST compensation cess on such sin goods.

Modi's 'Bankim da' remark sparks fierce clash with Trinamool

Modi's 'Bankim da' remark sparks fierce clash with Trinamool

Rediff.com8 Dec 2025

A political slugfest broke out between the Bharatiya Janata Party and the Trinamool Congress on Monday after the latter accused Prime Minister Narendra Modi of insulting Bankim Chandra Chatterjee by calling him 'Bankim da', prompting a counter-attack from the saffron party, which accused West Bengal's ruling party of defiling the state's cultural legacy for a decade.

RBI's Monetary Policy Committee sees scope for more rate cut

RBI's Monetary Policy Committee sees scope for more rate cut

Rediff.com18 Oct 2025

Even if the Reserve Bank of India's Monetary Policy Committee decided to hold interest rates in the October meeting, it acknowledged the scope for further rate cuts while waiting for the impact of the past steps to play out.

Bengal Rape Survivor's Dad Decries 'Aurangzeb's Rule'

Bengal Rape Survivor's Dad Decries 'Aurangzeb's Rule'

Rediff.com14 Oct 2025

The alleged gang rape of a second-year medical student in West Bengal's Durgapur has sparked massive outrage, snowballing into a major political storm, with the survivor's father likening Bengal to 'Aurangzeb's rule' and Governor C V Ananda Bose calling for a 'second renaissance' to make the state safer for women.

Reddy vs Radhakrishnan: MPs vote to elect new Vice President

Reddy vs Radhakrishnan: MPs vote to elect new Vice President

Rediff.com9 Sep 2025

The poll is witnessing a direct contest between ruling NDA nominee C P Radhakrishnan and joint opposition candidate B Sudershan Reddy, with the BJP-led alliance having a clear edge in the poll necessitated due to the sudden resignation of Jagdeep Dhankhar.

'Tariffs To Have Adverse Impact On Near-Term Growth'

'Tariffs To Have Adverse Impact On Near-Term Growth'

Rediff.com29 Aug 2025

'The statistical confidence bands of the fan charts of the forecasts will provide a better sense of the potential variability of outcomes.'

RBI's mpc minutes: Status quo in August hinged on tariffs, rate-cut outcome

RBI's mpc minutes: Status quo in August hinged on tariffs, rate-cut outcome

Rediff.com21 Aug 2025

Uncertainties over the impact of the United States' (US') tariffs on India, along with the ongoing transmission of past rate cuts, prompted the members of the Reserve Bank of India's Monetary Policy Committee (MPC) to maintain the status quo during the August meeting, the minutes showed. While some of the external members highlighted their concern over growth, the internal members cited the one-year headline inflation rate overshooting the 4 per cent target.

TMC names Mamata's nephew Abhishek Banerjee as LS Parl party leader

TMC names Mamata's nephew Abhishek Banerjee as LS Parl party leader

Rediff.com4 Aug 2025

Trinamool Congress (TMC) has appointed Abhishek Banerjee as its new parliamentary leader in the Lok Sabha, replacing Sudip Bandopadhyay. The decision was made during a virtual meeting chaired by Mamata Banerjee. This move is seen as a generational shift and a preparation for the 2026 West Bengal Assembly elections.

Will RBI Cut Repo Rate Following Trump's Tariffs?

Will RBI Cut Repo Rate Following Trump's Tariffs?

Rediff.com5 Aug 2025

'The US reciprocal tariff has added another element of uncertainty and the central bank may prefer to wait and get further clarity.'

Mamata's message to Kalyan Banerjee: Fall in line or fall out

Mamata's message to Kalyan Banerjee: Fall in line or fall out

Rediff.com5 Aug 2025

TMC accepts Kalyan Banerjee's resignation and appoints new leaders, signaling a crackdown on dissent within the party.

Saugata Roy speaks of TMC's poll violence, sparks row

Saugata Roy speaks of TMC's poll violence, sparks row

Rediff.com26 Nov 2021

Senior Trinamool Congress MP Sougata Roy on Friday stirred the hornet's nest by saying that the party will not accept the use of violence and muscle power by its candidates during the upcoming civic polls in West Bengal.

What RBI's 50 bps rate cut mean for the 'aam aadmi'

What RBI's 50 bps rate cut mean for the 'aam aadmi'

Rediff.com6 Jun 2025

The Reserve Bank of India's (RBI) Monetary Policy Committee's (MPC) decision to cut the repo rate by 50 basis points (bps) to 5.5% was contrary to the expectations of many economists. Firstly, most of the economists expected the MPC to cut the repo rate by 25 bps citing the weakening of inflation, prospects of economic growth, geopolitical uncertainty and comfortable system liquidity.

Sitharaman introduces New Income Tax Bill in LS

Sitharaman introduces New Income Tax Bill in LS

Rediff.com13 Feb 2025

Union Finance Minister Nirmala Sitharaman introduced the Income Tax Bill, 2025, in the Lok Sabha on Thursday and urged Speaker Om Birla to refer it to a select committee of the House. Opposition members opposed the Bill at the introduction stage but the House passed a motion by voice vote for its introduction.

TMC MP Saugata Roy resigns as Mamata's adviser

TMC MP Saugata Roy resigns as Mamata's adviser

Rediff.com7 Mar 2013

Trinamool Congress Member of Parliament Saugata Roy has resigned as adviser to the West Bengal government's Commerce, Industries and IT Ministry over alleged differences with Chief Minister Mamata Banerjee.

Capgemini India CEO bats for 47.5-hour work week, no weekend e-mails

Capgemini India CEO bats for 47.5-hour work week, no weekend e-mails

Rediff.com25 Feb 2025

Joining the debate on working hours, IT services company Capgemini India's chief executive Ashwin Yardi on Tuesday advocated 47.5 hours work per week, and was against sending e-mails to employees on weekends. He was speaking at Nasscom Technology and Leadership Forum (NTLF) in Mumbai.

Govt appoints three new external RBI MPC members

Govt appoints three new external RBI MPC members

Rediff.com1 Oct 2024

The government on Tuesday appointed three external members -- Ram Singh, Saugata Bhattacharya and Nagesh Kumar -- to the RBI's rate-setting Monetary Policy Committee for four years. The central government has reconstituted the Monetary Policy Committee (MPC) of RBI, the finance ministry said in a statement. Ram Singh is the director of the Delhi School of Economics, Saugata Bhattacharya is an economist, and Nagesh Kumar is the director and Chief Executive, Institute for Studies in Industrial Development, New Delhi.

'Hours Don't Matter, What Matters Is The Outcome'

'Hours Don't Matter, What Matters Is The Outcome'

Rediff.com5 Mar 2025

'If you really love your work and are good at it, it does not matter what is work and life.'

Public spat, WhatsApp war among MPs expose TMC's internal rift

Public spat, WhatsApp war among MPs expose TMC's internal rift

Rediff.com9 Apr 2025

Infighting within West Bengal's ruling Trinamool Congress (TMC) came to the fore after a video of an alleged verbal spat between party MPs and screenshots of heated exchanges from its official WhatsApp group for parliamentarians went viral. The incident reportedly involved a public altercation at the Election Commission headquarters, followed by a heated exchange on the party's WhatsApp group, leading to accusations of misconduct and leaked screenshots. The controversy has triggered calls for action against the party chief whip, Kalyan Banerjee, who is accused of misbehavior and tarnishing the party's image.

Immigration Bill introduced in LS amid Oppn protest

Immigration Bill introduced in LS amid Oppn protest

Rediff.com11 Mar 2025

The legislation is aimed at streamlining various services related to immigration and foreigners, including their entry, exit and stay in India.

Mamata Banerjee faces angry protests during Oxford address

Mamata Banerjee faces angry protests during Oxford address

Rediff.com28 Mar 2025

West Bengal Chief Minister Mamata Banerjee, speaking at the University of Oxford, stressed the importance of inclusive development and stated that division in society is counterproductive. She emphasized that her governance model prioritizes the welfare of all sections of society and does not allow discrimination, highlighting the state's diverse population and the need for a human-centric approach.

LS adjourned amid ruckus over BJP's bid to link Cong with Soros

LS adjourned amid ruckus over BJP's bid to link Cong with Soros

Rediff.com6 Dec 2024

Lok Sabha proceedings were on Friday adjourned for the day amid protests by opposition members over Bharatiya Janata Party's attempts to link the Congress party to United States-based billionaire investor George Soros.

RBI keeps policy rate unchanged, cuts GDP forecast to 6.6%

RBI keeps policy rate unchanged, cuts GDP forecast to 6.6%

Rediff.com6 Dec 2024

The Reserve Bank of India on Friday decided to keep the policy rate unchanged for the 11th time in a row but sharply lowered the GDP growth forecast to 6.6 per cent for the current fiscal, as against earlier projection of 7.2 per cent. The Reserve Bank of India (RBI) maintained the status quo on interest rate despite July-September quarter GDP growth falling to 7-quarter low of 5.4 per cent, as against its own projection of 7 per cent.

Parliament adjourned amid chaos over 'Cong-Soros' link

Parliament adjourned amid chaos over 'Cong-Soros' link

Rediff.com10 Dec 2024

Both Houses of Parliament were adjourned for the day after repeated disruptions amid uproarious scenes as members of treasury and opposition benches traded charges on the Soros and Adani issues.

Opposition walks out on question of voter list discrepancies

Opposition walks out on question of voter list discrepancies

Rediff.com10 Mar 2025

Opposition parties in India, led by the Congress, have demanded a detailed discussion in Parliament on alleged discrepancies in voter lists. Rahul Gandhi raised the issue in the Lok Sabha, highlighting concerns about the integrity of the electoral process. The opposition alleges large-scale duplication of EPIC numbers, which they claim undermines voter integrity and the electoral process. They have also pointed out instances of inflated voter lists in states like Maharashtra and Haryana. The Election Commission has acknowledged discrepancies but maintains that these are not widespread and that corrective measures are being taken. The opposition, however, insists on a comprehensive discussion on the matter to ensure the integrity of elections in India.

MPC minutes: Repo rate was cut as inflation aligned with target, says Guv

MPC minutes: Repo rate was cut as inflation aligned with target, says Guv

Rediff.com22 Feb 2025

Reserve Bank of India (RBI) Governor Sanjay Malhotra said the repo rate cut in the February meeting of the monetary policy committee (MPC) was due to inflation aligning with the target and recognising the fact that monetary policy is forward-looking.

Cong reprimands spokesperson for 'fat Rohit Sharma' post

Cong reprimands spokesperson for 'fat Rohit Sharma' post

Rediff.com3 Mar 2025

In her now-deleted post, Mohamed said Sharma is "fat for a sportsman". "Need to lose weight! And of course the most unimpressive Captain India has ever had!" she said.

Rijiju warns Mahua Moitra over Judge Loya mention in Lok Sabha

Rijiju warns Mahua Moitra over Judge Loya mention in Lok Sabha

Rediff.com13 Dec 2024

Trinamool Congress MP Mahua Moitra's reference to the death of judge B H Loya 'long before his time' created uproar in Lok Sabha on Friday as Union minister Kiren Rijiju accused her of raising a matter settled by the Supreme Court, and warned of 'appropriate parliamentary action'.

MPC's Repo Rate Decision Not Unanimous

MPC's Repo Rate Decision Not Unanimous

Rediff.com9 Oct 2024

Dr Nagesh Kumar, one of the three new MPC members, wanted the MPC to reduce the repo rate by 25 basis points to 6.25%.

TMC MLAs protest against Moitra for exclusion from party events

TMC MLAs protest against Moitra for exclusion from party events

Rediff.com5 Dec 2024

Seven TMC MLAs within the Krishnanagar Lok Sabha constituency of party MP Mahua Moitra have written to Trinamool Congress supremo Mamata Banerjee demanding her removal as Nadia Uttar organisational district president. The lawmakers allege that Moitra has been ignoring Assembly representatives while undertaking party programmes and indulging anti-social elements, causing significant damage to the party's image. The MP has responded by dismissing the complaint as "district-level rubbish."

Rural demand lifts FMCG sector to 5.7% growth in July-Sept: NielsenIQ

Rural demand lifts FMCG sector to 5.7% growth in July-Sept: NielsenIQ

Rediff.com8 Nov 2024

India's fast-moving consumer goods (FMCG) sector grew 5.7 per cent by value and 4.1 per cent by volume in the July-September quarter driven by rural demand, consumer intelligence firm NielsenIQ said in its quarterly update on Thursday. Price-led growth stood at 1.5 per cent. According to NielsenIQ data, rural volume growth outpaced urban markets for the third straight quarter despite consumption softening in both regions.

Mamata walks 9 km during two roadshows in Kolkata, Dum Dum

Mamata walks 9 km during two roadshows in Kolkata, Dum Dum

Rediff.com28 May 2024

The roadshow in Dum Dum Lok Sabha constituency was held in support of the TMC's veteran leader and candidate Saugata Roy, who is seeking a fourth consecutive term from the seat.

Will India's FMCG sector see consumption revival in 2025?

Will India's FMCG sector see consumption revival in 2025?

Rediff.com23 Dec 2024

The FMCG industry hopes for a revival in consumption growth in 2025 with some 'green shoots' already visible, after having a challenging year amid escalating input costs and a double-digit rise in food inflation, which ultimately slowed down the pace of the urban market growth in the second half of 2024. Soaring prices of commodities such as palm oil, coffee, cocoa and wheat forced FMCG players to go for a hike of 3 to 5 per cent or resort to shrinkflation by reducing pack sizes and grammage to retain attractive price points, fearing a volume loss.

'RBI Not Overly Concerned About GDP'

'RBI Not Overly Concerned About GDP'

Rediff.com6 Dec 2024

'The central bank has highlighted that the slowdown in growth has been limited to a few sectors and overall growth is expected to pick up in the second half of the year.'

Will New MPC Members Cut Interest Rates?

Will New MPC Members Cut Interest Rates?

Rediff.com8 Oct 2024

The three day MPC meeting began on Monday and the decision will be announced on Wednesday by RBI Governor Shaktikanta Das.