If capital flight took place in the country in the direction of some other countries and then imports took place for consumption here, then it would be worse for the Indian economy, the noted industrialist said.
According to Sanjeev Chopra, secretary of the horticulture and food processing department of West Bengal, steps were being taken so that exporters from the state could sell overseas at least 1 per cent of the total state produce through the AEZs.
"We will not let Mamata Banerjee's 26-day fast for Singur go waste. I have asked for the lease agreement and all correspondence with Tata Motors by Tuesday," Partha Chatterjee, who took charge as West Bengal commerce and industry minister, said.
As the West Bengal chief minister was busy containing the fallout of an internecine feud in her TMC following a rebellion by a redoubtable Suvendu Adhikari, the Centre shot off a fresh letter to her government to immediately relieve three IPS officers for central deputation.
WC star Azad beats state BJP heavyweight Ghosh from Bardhaman-Durgapur constituency
A rape case has been registered against Malayalam actor Sidhique following a female actor's allegation that he sexually assaulted her in 2016, the police said on Wednesday.
A day after the apex court's order, the Union home ministry wrote to the West Bengal chief secretary seeking deployment of the CISF at the state-run hospital.
Giving a clarion call to defeat the Mamata Banerjee-led party in West Bengal, the prime minister while addressing a mega rally in Siliguri said, "The road to oust the corrupt TMC government from West Bengal will open from the Lok Sabha polls."
In 2011-12, the state attracted new investment commitments in the real estate sector worth over Rs 1,200 crore (Rs 12 billion).
A vendor said that Tata Motors had sent a mail that a meeting with the West Bengal commerce and industry secretary was scheduled for Thursday. Industry Secretary Sabyasachi Sen was not available for comment. However, WBIDC's public relations agency said that Sen had not sent any mail to vendors.
West Bengal Chief Minister Mamata Banerjee on Wednesday urged people to celebrate the Hanuman Jayanti festival peacefully, and said while religion is a personal choice, festivities were an occasion for all to join in.
Chief ministers of West Bengal, Jharkhand and Odisha on Wednesday evening condoled the demise of Tata Group's chairman emeritus and veteran industrialist Ratan Tata, and said his legacy will live on forever.
Infosys has been demanding SEZ status to start its Bengal campus, but the state government has been against providing it.
'West Bengal is an industry-friendly state.'
Two Ram Navami processions were organised in the Rishra police station area, and the second one came under attack near Wellington Jute Mill More on GT Road around 6.15 pm on Sunday, police said.
A second case for a sexual offence has been registered against director Ranjith on a complaint by a male actor in Kozhikode, police said on Saturday.
West Bengal government puts on hold all special economic zones in the state until a 'socially balanced' decision is taken in this regard.
However, speculation remained rife that the meeting was part of Banerjee's plan to form an opposition front with regional players minus the Congress.
The state needs great numbers of new-generation entrepreneurs.
Election officials said a report on the incident has been sought from the district officials.
Facing a stiff challenge to stem the decline of the Left Front in West Bengal, Chief Minister Buddhadeb Bhattacharjee on Monday asserted that the alternative to the Left's rule was anarchy and asked supporters not to be demoralised by the success of the opposition."Change for what, anarchy? West Bengal is in no mood to fall behind. We want to move ahead in agriculture, industry, education, health, human development. Is there any substitute to it," Bhattacharjee said.
'I had to persuade him. I think he was a sceptic to begin with, but later on he was convinced that what we were doing was the right thing to do, that there was no other way out.'
West Bengal, which has seen many violent protests against land acquisition in the country, is now set to get another exemplary rehabilitation package for land-losers. After the free shares by JSW Bengal Steel, now Bhushan Steel is going one step ahead to give free land to land-losers as a part of its rehabilitation and resettlement (R&R) package. Sources said the R&R package has been submitted to the West Bengal Industrial Development Corporation (WBIDC).
Sen said that as per the lease agreement, concluded recently with the company, it would have to pay a lease rent of Rs 1 crore per year for the first five years to the state.
When asked what the Infosys stand will be, Binod Hampapur, senior vice-president and global head of commercial and corporate relations at Infosys, said that the company will wait for the letter before the company makes any comment.
After deciding to withdraw the Nano project from Singur in West Bengal in October last year, Tata Motors has sought 10 months time from West Bengal Industrial Development Corporation to remove the equipment.
'I am not an aspiration-oriented politician.' 'This is the time to redefine politics.' 'Politics of power is not real politics.'
The number of active SIP accounts is nearing the 100 million milestone.
The asset quality of microfinance portfolios worsened in the quarter ending June 2024 due to the impact of heatwaves on borrowers' incomes and collections, coupled with rumours of loan waivers, according to Sa-Dhan. Jiji Mammen, executive director and chief executive officer of Sa-Dhan, said loans with 90+ days past due (dpd) rose to 1.2 per cent in June 2024, compared to 0.9 per cent in June 2023. The 90+ dpd also increased from 1.16 per cent in March 2024.
Maharashtra Chief Minister Uddhav Thackeray on Saturday said he had tried to contact Prime Minister Narendra Modi on phone regarding the oxygen supply for the state but the PM was not available since he was busy campaigning for the West Bengal elections.
The newly-formed Delhi Cabinet in its first meeting approved the implementation of the Ayushman Bharat health insurance scheme in the national capital. The cabinet also decided to present 14 pending CAG reports in the first session of the assembly. Delhi Chief Minister Rekha Gupta said that the previous AAP government did not allow the health scheme in the city, preventing the people from availing its benefits.
Mitra also said currency demonetisation has led to closure of small industries and left hundreds jobless across the country
The state had received six proposals from IT companies for setting up units here involving an investment of Rs 1,410 crore (Rs 14.1 billion, Chatterjee said, adding that these proposals would entail direct employment to 19,000 people and indirect employment to 125,000.
Over one crore voters in West Bengal will decide the political fate of 342 candidates on Saturday, when 45 assembly constituencies go to polls in the fifth phase, amid a raging second wave of COVID-19.
Investors can take heart from the first Cabinet meeting in the second innings.
Tata Motors on Thursday said it will have talks with the West Bengal government on the Singur land when the Nano factory was originally slated to come up, a day after state principal industry Secretary Sabyasachi Sen said the world's smallest car would be made there.
West Bengal Chief Minister Mamata Banerjee on Monday said that the Bharatiya Janata Party might conduct the Lok Sabha polls in December itself, claiming that all choppers have been booked by the saffron party for campaigning.
Mr Mitra, show me where is industrial development in Bengal: Tata
Assocham is planning to write a letter to the West bengal chief minister, asking her to bring back the Tatas to regain business confidence.
The first option that the state government might opt for is offer Infosys space in one of the SEZs that are coming up, but that is unlikely to be accepted
