Billionaire Gautam Adani's group has pulled out of a loan deal with a US agency to fund a port terminal in Sri Lanka, saying it will use its own resources for the project. In an exchange filing late on Tuesday, Adani Ports and Special Economic Zone Ltd (APSEZ) said the project "is on track for commissioning by early next year". "The project will be financed through the company's internal accruals and capital management plan," the firm said.
West Bengal Chief Minister Mamata Banerjee has left no stone unturned this year after big industrialists, along with Union ministers, skipped attending the BGBS 2017.
Several leading scientists, academicians, and agriculturalists have called for raising government support for research and development to make Indian agriculture future-ready.
'Look at the number of billionaires, the number of new billionaires in India.' 'Adani and Ambani are not the only ones.' 'What's wrong with people making money as long as it benefits us?'
State finance minister Amit Mitra said that attempts were being made to blame the government for not depositing the salary amount of employees 'which is totally incorrect as deposit is done by the first day of a month as announced by the state government'.
'For the politics of patronage in West Bengal, it has always been important to have territorial control.'
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).
Banerjee has fulfilled two key electoral promises: Ridding Lalgarh of Naxals and bringing peace to Darjeeling
In his letter, Singh hinted since the Central Public Works Department's tableau already featured Bose, West Bengal's float was not included for the parade, without saying it in so many words.
Indian National Developmental Inclusive Alliance (INDIA) MPs, including Congress president Mallikarjun Kharge, Congress Parliamentary Party chief Sonia Gandhi and Leader of Opposition in the Lok Sabha Rahul Gandhi, staged a protest in Parliament premises on Wednesday over the alleged discrimination against opposition-ruled states in the Union Budget.
They've proposed a sub-committee under the proposed GST Council or the Empowered Committee of State Finance Ministers to resolve any disputes in the tax's implementation.
Moitra's electoral triumph not only secures her seat in Parliament, but also serves as a defiant retort to attempts to sideline her from the political arena.
Bihar deputy chief minister and finance minister Sushil Modi was on Monday elected the new chairman of the empowered committee of state finance ministers.
Lord Paul made reference to Caparo's factory in Singur.
Six activists belonging to Communist Party of India-Marxist and its youth wing Students Federation of India, including two women, were arrested in New Delhi on Monday for allegedly assaulting West Bengal Finance Minister Amit Mitra outside the Planning Commission office two weeks back.
The Empowered Committee of state finance ministers is meeting under the chairmanship of West Bengal finance minister Asim Dasgupta to work out agreements on various aspects of the GST.
According to Mitra, items such as foodgrain, vegetables, leather goods, footwear, cottage cheese, puffed and flattened rice, books and entertainment tax, among several others, should be in the zero-tax bracket.
Communist Party of India-Marxist's student wing Students Federation of India on Thursday claimed that none of its activists were involved in the heckling of West Bengal Finance Minister Amit Mitra in New Delhi and described the incident as "unfortunate".
Delhi Police have registered a case against unknown persons for manhandling West Bengal Finance Minister Amit Mitra outside the Planning Commission office.
Mitra's stout and vociferous protest to what most see as Tata's meandering and even affectionate critique has taken people by surprise.
Mitra said that Tata group firm TCS was creating additional 20,000 jobs.
Shareholders feel Cyrus Mistry is slowly slipping into Ratan Tata's shoes
Nobody should be surprised if the Congress-led alliance at the Centre now makes favourable policy overtures to Naveen Patnaik also, like it has done for Nitish Kumar and Mamata Banerjee, in the hope of strengthening its prospects after the next general elections, says AK Bhattacharya
Bandhan Bank is the first bank to be launched in eastern India post Independence.
With the creation of the state of Telangana, additions were made to ToRs of the 14th Finance Commission to make recommendations for the newly created states after the reorganisation of Andhra Pradesh.
Students' Federation of India General Secretary Ritabrata Bhattacharjee today apologized for the manhandling of West Bengal Finance minister Amit Mitra in Delhi on April nine, but said that his organisation was not involved in it.
Quibbling between the Centre and the states on who should provide more relief to consumers on fuel prices intensified with the latter asking the Union Government to give an account of accruals to it from the latest hike in petrol and diesel prices.
Since much of the voting was on religious lines, Mamata's rural focus became irrelevant.
The state government as an interim measure would raise Rs 3,000 crore (Rs 30 billion) from market borrowings and Rs 500 crore (Rs 5 billion) as loan from small savings, Mitra told reporters at the state secretariat.
'Food security' will, unfortunately, become a giant boondoggle.
Here stood a man who embodied the legacy of whatever Brand Tata stood for, embellished it, and departed into the long night, leaving the brand legacy for others to further enrich, notes R Gopalakrishnan.
Another explosion "linked to illegal firecrackers" took place in West Bengal on Monday, the third such blast within a span of just seven days.
Mamata Banerjee said availability of land won't be a problem in Bengal as the state government has a land bank.
A day after they placed their demands before Finance Minister Pranab Mukherjee, including restructuring of the 'massive debt burden' faced by the state, a delegation of Trinamool MPs met the Prime Minister to raise the issue.
About 6,500 persons were sheltered in 67 relief camps opened in various districts.
Finance Minister Jaswant Singh has called off the meeting with empowered committee on value-added tax, scheduled for Tuesday.
The IMD has warned of heatwave to severe heatwave conditions in parts of West Bengal, Odisha, Bihar, Jharkhand, Andhra Pradesh, Telangana, Karnataka and Uttar Pradesh during the next five days.
He argued that if inflation is low, stable and moving towards the 4 per cent target, why has the RBI not revised downward the bank rate fixed in June 2023?
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