News for 'West Bengal Finance'

Why Educated Muslim Youth Join Terror Modules

Why Educated Muslim Youth Join Terror Modules

Rediff.com27 Nov 2025

Radical Islamist networks are deliberately targeting Muslim youths embedded within the country's professional and academic ecosystems, leveraging their skills, mobility, and digital reach to quietly strengthen operational capabilities. This trend highlights a dangerous evolution in terror recruitment -- one that exploits ideological faultlines, online echo chambers and transnational radical Islamist influences to attract individuals who outwardly embody India's modern and aspirational narrative, points out Dr Kanchan Lakshman.

Why States Miss Monthly Spending Ceilings

Why States Miss Monthly Spending Ceilings

Rediff.com4 Oct 2025

CAG warns most states of fiscal imprudence as March spending overshoots limits, with key departments exhausting large portions of budgets in the last month of FY24.

Why Infy, Wipro will not set up campuses in West Bengal

Why Infy, Wipro will not set up campuses in West Bengal

Rediff.com8 Apr 2013

The West Bengal state government has delayed project approvals. And now, the IT giants may look at other states as the centre is thinking of giving sops to SEZs

As new GST rates kick in, groceries, medicines, cars get cheaper

As new GST rates kick in, groceries, medicines, cars get cheaper

Rediff.com22 Sep 2025

New lower GST rates kicked in from Monday, resulting in a slashing of prices of as many as 375 items ranging from toothpaste and shampoo to cars and television sets, a move seen as an attempt to boost consumption to cushion an economy facing tariff headwinds. Tax rates of 5, 12, 18, and 28 per cent have been clubbed into two rates of 5 per cent and 18 per cent, resulting in a reduced price of 99 per cent of daily use items.

Govt for nil GST on insurance premium for individuals

Govt for nil GST on insurance premium for individuals

Rediff.com20 Aug 2025

The Centre has proposed exempting life and health insurance policies for individuals from GST, Bihar Deputy Chief Minister and convenor of insurance GoM Samrat Choudhary said on Wednesday. Currently, health and life insurance premium attracts 18 per cent GST.

Mamata Banerjee sworn in as West Bengal CM for second time

Mamata Banerjee sworn in as West Bengal CM for second time

Rediff.com27 May 2016

Mamata Banerjee was on Friday sworn in as the chief minister of West Bengal for the second consecutive time, heading a 42-member ministry.

For Bengal violence, Mamata blames Centre, BJP, BSF

For Bengal violence, Mamata blames Centre, BJP, BSF

Rediff.com17 Apr 2025

West Bengal Chief Minister Mamata Banerjee has accused the Border Security Force (BSF), central agencies, and the BJP of fanning tension in Murshidabad by allegedly facilitating cross-border influx from Bangladesh. She also urged Prime Minister Narendra Modi to keep the Union Home Ministry under control. Banerjee has announced a compensation of Rs 10 lakh each for the families of three people killed during the violence and directed the state chief secretary to initiate a probe into the role of the BSF.

'No Politics When It Comes To The Country's Finances'

'No Politics When It Comes To The Country's Finances'

Rediff.com2 Apr 2025

'Each state is unique, but when it comes to finance, the fundamentals cannot be different.'

How Trump's Tariffs Hurts Dollar Town Of Garments

How Trump's Tariffs Hurts Dollar Town Of Garments

Rediff.com29 Sep 2025

'The US slump could hit our hosiery market hard since 40 per cent of our exports go there.' 'Job losses could be severe if the government doesn't step in fast.'

'Band-aid' solution: Oppn on PM's address to nation on GST

'Band-aid' solution: Oppn on PM's address to nation on GST

Rediff.com21 Sep 2025

The Congress party has criticized Prime Minister Narendra Modi's handling of GST reforms, calling them inadequate and demanding an apology for the tax imposed on essential items. They argue that the reforms are merely a 'band-aid' solution and that the government should address the states' demand for extended compensation.

'Not A Single Penny Is Shared With States'

'Not A Single Penny Is Shared With States'

Rediff.com30 Aug 2025

'States should be compensated for the revenue loss for at least five years or beyond till the revenue stabilises.'

Bihar Now Among Top 10 Investor States!

Bihar Now Among Top 10 Investor States!

Rediff.com2 Aug 2025

Bihar is now among the top 10 states in terms of investor base, surging past better-off states like Delhi, Haryana, and Punjab.

These States Stay on Fiscal Track Despite Populist Schemes

These States Stay on Fiscal Track Despite Populist Schemes

Rediff.com11 Mar 2025

Uttar Pradesh, Gujarat and Odisha budgets maintain revenue surpluses despite welfare schemes while Rajasthan and West Bengal face high debt, fiscal deficits and low capital outlay.

Schools shut, leaves cancelled, blackout in many states as tensions soar

Schools shut, leaves cancelled, blackout in many states as tensions soar

Rediff.com8 May 2025

Several Indian states bordering Pakistan have implemented stringent security measures, including school closures, blackouts, and cancellation of leave for police and administrative personnel, in response to escalating tensions between India and Pakistan. These measures were taken after India conducted airstrikes on terror infrastructure in Pakistan in retaliation for the April 22 Pahalgam massacre. Punjab, Haryana, Rajasthan, Gujarat, and West Bengal have all implemented these precautionary measures.

As Scorching Temp Grips India, NDMA Drafts Heatwave Plan

As Scorching Temp Grips India, NDMA Drafts Heatwave Plan

Rediff.com28 Mar 2025

With the summer approaching sooner than scheduled, Maharashtra, Telangana, Odisha, and West Bengal have already started experiencing heat waves with temperatures soaring above 40°C.

2024 Polls: Will BJP Triumph In Bengal?

2024 Polls: Will BJP Triumph In Bengal?

Rediff.com17 Feb 2024

Sukanta Majumdar, the state BJP president, said, "Amit Shah has set a target of 35 seats. We will achieve that".

Can R S Prasad's Team Convince Europe About Pakistan?

Can R S Prasad's Team Convince Europe About Pakistan?

Rediff.com23 May 2025

An Indian delegation led by the BJP's Ravi Shankar Prasad will tour key European capitals to expose Pakistan's role in cross-border terrorism and State-sponsored extremism.

Phase 4 of West Bengal polls records 78.05 per cent votes

Phase 4 of West Bengal polls records 78.05 per cent votes

Rediff.com25 Apr 2016

The phase is crucial as it will decide the fate of several ministers -- Finance Minister Amit Mitra, Agriculture Minister Purnendu Basu, Law Minister Chandrima Bhattacharya, Tourism Minister Bratya Basu, Food and Supplies Minister Jyotipriyo Mullick and Agriculture Marketing Minister Aroop Roy.

Budget 2025: What states want from Sitharaman

Budget 2025: What states want from Sitharaman

Rediff.com20 Dec 2024

Finance ministers of states demanded an increase in allocation under 50-year interest-free loan scheme, while fiscally stressed states like Punjab and Kerala pitched for a special package and borrowing flexibility, sources said on Friday. In a pre-budget meeting with Union Finance Minister Nirmala Sitharaman, states have also urged for higher borrowing limits to support fiscal activities, besides additional funds for Jal Jeevan Mission.

Meet Mamata's 'ceremonial' finance minister

Meet Mamata's 'ceremonial' finance minister

Rediff.com26 Mar 2022

Analysts have their doubts how much independence she has as finance minister. As Amit Mitra advises the chief minister, day-to-day work is done by the finance secretary and the chief secretary.

West Bengal flood toll rises to 53

West Bengal flood toll rises to 53

Rediff.com27 Jun 2008

Seven more deaths were reported on Friday from interior villages of the flood-hit East and West Midnapore districts, raising the toll to 53, even as the situation further improved.

Bengal Guv 'feels unsafe' in presence of Kolkata cops

Bengal Guv 'feels unsafe' in presence of Kolkata cops

Rediff.com20 Jun 2024

West Bengal Governor C V Ananda Bose on Thursday said that he was apprehending a threat to his security because of the presence of the current contingent of Kolkata Police posted at Raj Bhavan in Kolkata.

Puri: 3 killed in stampede during Rath Yatra ceremony

Puri: 3 killed in stampede during Rath Yatra ceremony

Rediff.com29 Jun 2025

The incident took place around 4 am when hundreds of devotees gathered near the temple to witness Rath Yatra festivities, Puri district collector Siddharth S Swain said.

Saradha: Bengal seeks Prez's speedy assent to bill

Saradha: Bengal seeks Prez's speedy assent to bill

Rediff.com6 May 2013

The West Bengal Assembly had in a special session last week passed the West Bengal Protection of Interest of Depositors in Financial Establishment Bill, 2013, to protect investors in chit fund companies.

GST rates on host of goods rejigged

GST rates on host of goods rejigged

Rediff.com19 Oct 2024

Term life insurance policies, and senior citizens' health insurance premium are likely to be exempted from GST as most members of a state ministerial panel favoured cutting taxes to benefit the common man, an official said on Saturday. The GoM to decide on GST on health and life insurance premiums in its meeting on Saturday decided to exempt GST on premiums paid by individuals, other than senior citizens, for health insurance with coverage of up to Rs 5 lakh. However, 18 per cent GST will continue to be levied for health insurance cover of over Rs 5 lakh.

'Modi wants to tour everywhere': Oppn criticises 7-phase LS poll

'Modi wants to tour everywhere': Oppn criticises 7-phase LS poll

Rediff.com16 Mar 2024

Kharge said conducting polls in seven phases meant that nearly all the development works will be stopped.

'Does Mamata think the people of West Bengal are fools?'

'Does Mamata think the people of West Bengal are fools?'

Rediff.com12 May 2014

Somen Mitra, the one time pillar of the Trinamool Congress and now Congress candidate from Kolkata North constituency, can't help smiling. The SC's order directing the CBI to probe the Saradha scam is the fruit of his hard and lonely battle. On the day when 17 constituencies in the state go to polls, Mitra speaks to Rediff.com's Indrani Roy about the impact of the Saradha scam on the elections and his relationship with his former party chief.

'Bengal not only state with heavy loan burden'

'Bengal not only state with heavy loan burden'

Rediff.com26 Jul 2010

While West Bengal's debt burden stands at about Rs 1.92 lakh crore (Rs 1.92 trillion), Uttar Pradesh has a loan burden of Rs 2.21 lakh crore (Rs 2.21 trillion) and Maharastra Rs 2.08 lakh crore (Rs 2.08 trillion), while the central government has a debt burden of Rs 38 lakh crore (Rs 38 trillion), Dasgupta told the West Bengal Assembly on Monday.

Bengal govt puts SEZs on hold

Bengal govt puts SEZs on hold

Rediff.com16 Mar 2007

West Bengal government puts on hold all special economic zones in the state until a 'socially balanced' decision is taken in this regard.

What Our Leaders Were Up To

What Our Leaders Were Up To

Rediff.com3 Jan 2025

Glimpse what our politicians were doing at the beginning of 2025.

Trinamool on rampage in Bengal after Mamata heckled

Trinamool on rampage in Bengal after Mamata heckled

Rediff.com9 Apr 2013

Violence has erupted in Bengal on Tuesday after Students' Federation of India activists heckled West Bengal Chief minister Mamata Banerjee and Bengal Finance Minister Amit Mitra.

Stopped from speaking, Mamata storms out of Niti Aayog meet

Stopped from speaking, Mamata storms out of Niti Aayog meet

Rediff.com27 Jul 2024

Banerjee said her microphone was stopped after five minutes, while other chief ministers were allowed to speak for longer durations.

The story behind Nirmala's sari

The story behind Nirmala's sari

Rediff.com1 Feb 2025

Union Finance Minister Nirmala Sitharaman is often known for making statements with her sarees on Budget Day. Each year, she wears a saree that represents India's rich textile heritage and traditional craftsmanship, and this year was no different. This year, Sitharaman chose to wear a beautiful off white saree with intricate golden work, paired with a red blouse and a shawl while carrying her trademark 'bahi-khata', a tablet wrapped in a red-coloured cloth with a golden-coloured national emblem embossed on it.

New CEC who played key role in Art 370 abrogation, Ram temple trust

New CEC who played key role in Art 370 abrogation, Ram temple trust

Rediff.com18 Feb 2025

Kumar, who played a key role in implementing decisions following the abrogation of Article 370 of the Constitution in Jammu and Kashmir during his stint in the Union home ministry, took charge as an election commissioner on March 15, 2024.

Gyanesh Kumar appointed as next CEC

Gyanesh Kumar appointed as next CEC

Rediff.com18 Feb 2025

Gyanesh Kumar, a 1988-batch Kerala Cadre IAS officer, has been appointed as the next Chief Election Commissioner (CEC) of India. Kumar, who was previously an Election Commissioner, will serve until January 26, 2029. His appointment comes amidst controversy as the Congress party demanded the government defer its decision until the Supreme Court concludes its hearing on a petition challenging the composition of the selection panel. Kumar's tenure will see him oversee several state assembly elections, including Bihar, Kerala, Puducherry, Tamil Nadu, and West Bengal.

How PM Mudra Loans Are Reshaping India's Economy

How PM Mudra Loans Are Reshaping India's Economy

Rediff.com16 Apr 2025

By democratising access to finance, empowering women and marginalised groups, and adapting to India's diverse regional landscapes, PMMY has helped fortify the country's grassroots growth engines, says Chief Economic Advisor to the Government of India, V Anantha Nageswaran.

Consensus eludes GoM on GST rate rationalisation, over 100 items discussed

Consensus eludes GoM on GST rate rationalisation, over 100 items discussed

Rediff.com26 Sep 2024

The Group of Ministers (GoM) on goods and services tax (GST) rate rationalisation, which convened in Goa on Wednesday, reviewed the GST rates for over 100 items, including textiles, handloom goods, agricultural products, fertilisers, and educational materials. However, no consensus was reached on any of the items, with further discussions scheduled for next month in Delhi.

Bengal debt: Pranab's assurance fails to enthuse Mamata

Bengal debt: Pranab's assurance fails to enthuse Mamata

Rediff.com12 Jun 2012

In Kolkata, Chief Minister Mamata Banerjee let her annoyance be known.

Bengal package: Amit Mitra meets FM, talks inconclusive

Bengal package: Amit Mitra meets FM, talks inconclusive

Rediff.com11 Jun 2012

The Mamata Banerjee government, which came to power in July last year, has been demanding special package in the form of interest moratorium.

Bengal's job sops land it in soup

Bengal's job sops land it in soup

Rediff.com20 Jan 2012

The 2,75,000 new jobs would cost a monthly Rs 300 crore (Rs 3 billion), officials with knowledge of the development said.