The policies that kept the Left Front in power for 30 years are proving major obstacles in the state's bid to industrialise.
'The chief minister believes the poorest of the poor have the first right on government resources.'
Indian equities on Dalal Street saw volatility as global market trends and weak rupee impacted investor sentiment. Track Sensex, Nifty50 movement and key market drivers for May 5, 2026.
Petrol and diesel prices in India have been increased by Rs 3 per litre each, marking the first rate hike in over four years. This decision follows a period of stable prices during recent state elections, despite rising global crude oil prices and significant losses for fuel retailers.
Congress leader Rahul Gandhi on Monday launched a scathing attack on Prime Minister Narendra Modi over the latest fuel hike, saying mehangai manav has struck again and he has just one job of making promises during elections and attacking people's pockets at other times.
The West Bengal government on Monday introduced two amendment bills in the state Assembly to boost investments in the state.
West Bengal was the second-most industrialised state in terms of value added and first in terms of number of factories and employment even in the mid-1960s. With a severe and long process of deindustrialisation, it lost its primacy.
'Exploration should be made easier and companies should be given operational flexibility.'
Petrol and diesel prices in India have been increased for the second time in a week, following a long freeze on revisions. The increase comes as global crude prices surge and state-run oil firms look to recoup losses.
Then chief minister Jyoti Basu once told an industrialist that capitalists were class enemies and he should expect no sympathy.
Trinamool Congress candidate and Federation of Indian Chambers of Commerce And Industry secretary general Amit Mitra, pitted against Communist Party of India-Marxist candidate and West Bengal Finance minister Ashim Dasgupta, is confident that his party is heading for a victory at the forthcoming Assembly elections.
State-owned Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) are reportedly incurring losses of Rs 18 per litre on petrol and Rs 35 per litre on diesel, as they continue to absorb rising crude oil costs without increasing retail prices. This situation is leading to expectations of a fuel price hike after upcoming state elections.
Petrol and diesel prices in India have seen their fourth increase in less than two weeks, pushing cumulative hikes to nearly Rs 7.5 per litre since May 15, reaching their highest levels since May 2022. This surge, driven by global crude oil costs and the Iran conflict, is expected to exacerbate inflationary pressures and raise transportation costs across the economy.
Experts say moratorium on interest not a solution, debt needs to be restructured; state must look for avenues to increase revenue and curtail expenditure.
West Bengal Chief Minister Mamata Banerjee on Thursday said that the state received investment proposals worth Rs 3.42 lakh crore during this year's business summit. Addressing the valedictory session of the Bengal Global Business Summit, she said that a total of 137 Memoranda of Understanding (MoUs) and Letters of Intent (LoI) were signed for the investments. Banerjee also said that the summit would create 40 lakh new jobs across sectors.
Petrol and diesel prices have been increased by Rs 3 per litre each, marking the first hike in over four years, as state-run fuel retailers pass on some of the impact from surging global crude prices, which have been exacerbated by the Iran war.
The Forum is organised by Singapore Indian Chambers of Commerce and Industry, with the partnership of state-trade agency IE Singapore, the Confederation of Indian Industry and the Singapore Chinese Chamber of Commerce and Industry.
Who are the special fathers of these famous Indians? The paternal figures responsible for putting them on the right path and helping them find greatness.
Following a significant defeat to the BJP, Trinamool Congress leaders are openly criticising the party leadership, citing mismanagement and lack of support as key factors in the election outcome.
Punjab's AAP president, Aman Arora, has criticised Union Minister Ravneet Singh Bittu for alleged misconduct and objectionable behaviour towards police personnel in Dhuri, while Bittu accuses the AAP government of misusing the police to target BJP workers.
'Unfortunately, today most ministers are busy with either election duty or praising duty. They are not interested in serving duty.' 'Ministers have become relaxed like retired people still holding onto jobs.' 'Look at how the NEET paper leaked. But there is no accountability.' 'After 12 years, they have become saturated. They are short of ideas.'
Despite ongoing tensions in West Asia, the successful arrival of the LPG carrier 'Nanda Devi' in Gujarat ensures a steady supply of liquefied petroleum gas to India, highlighting the country's efforts to secure its energy needs.
The West Bengal government said it was ready to provide all kinds of support for development of the IT industry.
The death toll in the Vedanta power plant blast in Chhattisgarh's Sakti district has risen to 24, with one more worker succumbing to injuries. An investigation is underway to determine the cause of the explosion, which occurred in a steel tube carrying high-pressure steam.
West Bengal Chief Minister Mamata Banerjee claims a Bengali-speaking woman and her child were threatened in Delhi after an alleged assault. She urges Bengali migrant workers in BJP-ruled states to return to Bengal if harassed and questions the absence of central commissions in BJP-ruled states when atrocities occur.
Punjab Chief Minister Bhagwant Mann has accused the BJP-led central government of playing 'dangerous games' with Punjab, alleging the misuse of agencies like the Enforcement Directorate (ED) and the CBI for political purposes.
'The land is partly with the government, partly with the company. In the changed economic scenario, I cannot say how quickly another plant will come up there,' said West Bengal's Industry Minister Nirupam Sen.
Makers of spirits, beer, and wine are working to identify new markets of growth as two of the industry's biggest liquor markets, Maharashtra and Telangana, remain embroiled in taxation and payment issues.
West Bengal is poised to become the rape capital of India, but its chief minister refuses to face reality, says Debosmita Sarkar.
The Aam Aadmi Party (AAP) has strongly criticised the Enforcement Directorate (ED) raid and subsequent arrest of Punjab minister Sanjeev Arora, calling it a politically motivated act by the BJP-led central government. AAP leaders allege the BJP is misusing central agencies to suppress opposition voices and destabilise the AAP government in Punjab.
In a major counter-terror operation spanning three states, the Delhi Police has dismantled a Lashkar-e-Taiba (LeT) module comprising eight operatives, including seven Bangladeshi nationals who had illegally entered India and procured forged identity documents, an official said on Sunday.
The death toll from the April 14 blast at Vedanta's power plant in Chhattisgarh's Sakti district has risen to 21, with several others hospitalised. Investigations are underway to determine the cause of the explosion, with preliminary findings pointing to excessive fuel accumulation in the boiler furnace.
Following two blasts targeting the Eastern Dedicated Freight Corridor in Punjab, the Railways Ministry is intensifying security measures, including increased patrolling, expanded surveillance, and drone deployment, to safeguard railway infrastructure and prevent further disruptions.
Kerala's voters are sophisticated, educated, and unforgiving. They have once again made it clear that no government is entitled to remain in power. The Congress would do well to remember this, points out Ramesh Menon.
Indian eateries are adapting to the LPG crisis by cutting menus, increasing prices, and switching to alternative fuels like coal, as LPG supplies are disrupted due to global events. State authorities are cracking down on hoarding and black marketing of LPG cylinders.
A directional landmine blast took place at Baroa, 17 km from Salboni, from where the West Bengal CM, Paswan, state industry minister Nirupam Sen and industrialist Sajjan Jindal were returning after laying the foundation stone of Jindal Steel Works plant, police said.
The combined Left parties drew a blank in the polls to the assembly which they had run with an overwhelming majority for 34 long years, with their vote share dwindling to a mere 5.47 per cent in 2021.
Although Infosys was given 50 acre at Rajarhat for setting up its first development centre in West Bengal, the firm was insisting on getting special economic zone status, which the state was not keen to consider due to political reasons.
'Every year we import approximately $70 billion worth of gold -- closer to $72 billion in 2025-2026, an all-time record.' 'There is no parallel for this anywhere in the world. And this love for gold will not disappear overnight.'
Two senior Bihar government officers are under investigation after the Economic Offences Unit (EOU) discovered property documents, cash deposits, and valuable items allegedly disproportionate to their known income.
