Centre drove depositors towards chit funds: Mamata

West Bengal Chief Minister Mamata Banerjee, who has sought to blame the Centre for the chit fund scam, has claimed that the central government reduced the rate of interest in small savings to drive......

Bill against ponzi schemes gets Parliament nod

Parliament on Monday unanimously passed the Banning of Unregulated Deposit Schemes Bill, 2019, which seeks to put in place a mechanism by which poor depositors will get back their hard earned......

Centre approves West Bengal anti-chit fund bill

The Centre has approved an anti-chit fund bill passed by West Bengal Assembly in 2013, state Finance Minister Amit Mitra said on Tuesday. He said a letter was received last evening from the Centre......

Mamata for stringent act to prevent chit fund malpractices

West Bengal Chief Minister Mamata Banerjee on Friday said that her government was keen on framing a stringent act to prevent malpractices by chit fund companies and protect interests of the people......

What makes Zaveri Bazaar the most precious gold market in India

Zaveri Bazaar is probably the oldest gold market in India and yet there are many areas that are still untouched by the development. The quaint old jewellery shops and dilapidated buildings still......