City Kolkata Financial News

In recent days, the streets of Calcutta and Kerala have witnessed many protests against violence aimed at women. Will these protests change the attitudes of individuals or society at large towards women? Violence against women is a very complex behavioural issue. The incident that happened in the Kolkata hospital and the incidents that occurred in the Malayalam film industry represent two ends of the problem spectrum.

MHA) has moved the Supreme Court seeking better accommodation and facilities for the Central Industrial Security Force (CISF) personnel stationed at the RG Kar Hospital and Medical College and hostels of resident doctors. In an applicationbefore the Supreme Court, the MHA argued that due to the long distance between the accommodation place and the RG Kar Hospital, the security personnel have been facing difficulties in ensuring efficient administration and prompt mobility during contingencies. The MHA has sought for the initiation of contempt proceedings against West Bengal officials in violation of the orders of August 20 and 22 in the event of failure to cooperate with the needs of the CISF troops.

The application said that duty personnel are facing a lot of difficulties in performing duties due to non-availability of accommodation, security gadgets and paucity of transportation. Centre, in its application in the Supreme Court, was seeking direction to West Bengal to extend full co-operation to the CISF and ensure full compliance, in letter and spirit, of the order dated August 20 or face contempt proceedings for wilful non-compliance of the order.

Sandip Ghosh was remanded in eight-day police custody by Alipore Judges Court on Tuesday. This followed his arrest by the Central Bureau of Investigation (CBI) on charges of financial misconduct. Three others were also detained alongside Ghosh, including his security guard and two vendors who supplied materials to the hospital. The arrest is connected to the alleged financial irregularities at RG Kar Medical College and Hospital, where the body of a female medic, a victim of rape and murder, was discovered on August 9. The CBI's investigation stems from the Calcutta High Court's August 23 order, transferring the case from a state-formed Special Investigation Team (SIT) to the federal agency. Ghosh was the second person arrested in connection with this case, following the earlier detention of a civic volunteer by the Kolkata Police. The opposition BJP asserted that this development exposed efforts by the ruling Trinamool Congress (TMC) government to cover up the former principal's wrongdoings. TMC leader Kunal Ghosh acknowledged that the state health department could have acted sooner to avoid the current situation.

Kolkata Police headquarters Lalbazar demanding the resignation of police commissioner Vineet Goyal, stayed put at nearby B B Ganguly Street even on Tuesday morning, more than 12 hours after they were stopped from marching further. The doctors, who were joined by several common people as well as students from other educational institutions spent the entire Monday night on BB Ganguly Street, around half a kilometre away from Lalbazar. A huge contingent of Kolkata Police officers remained on guard on the other side of the barricade built with guardrails chained together and locked with padlocks. The junior doctors had placed the replica of a spine and red roses on the barricade. The replica is to emphasise the duty of the police force to protect citizens, they claimed.

Reserve Bank of India (RBI) on Monday said 97.96 per cent of the Rs 2000 denomination banknotes have returned to the banking system, and only Rs 7,261 crore worth of the withdrawn notes are still with the public. On May 19, 2023, the RBI announced the withdrawal of Rs 2000 denomination banknotes from circulation. The total value of Rs 2000 banknotes in circulation, which was Rs 3.56 lakh crore at the close of business on May 19, 2023, when the withdrawal of Rs 2000 banknotes was announced, has declined to Rs 7,261 crore at the close of business on August 30, 2024, the RBI said. «Thus, 97.96 per cent of the Rs 2000 banknotes in circulation as on May 19, 2023, has since been returned,» it said in a statement.

₹835 crore at the upper end of its ₹370-389 price band. This would value Style Baazar at ₹2,900 crore, and it also intends to expand its footprint beyond its current geographical concentration in the eastern region. Could Style Baazar be the next fashion force to dominate the national stage? Style Baazar has demonstrated impressive financial growth in recent years.

Kolkata: Mauritius is inviting Indian Small and Medium Enterprises (SMEs) to set up their units in the island country to capitalise on duty-free export benefit under the African Growth and Opportunity Act (AGOA), an envoy said here. This AGOA offers duty-free shipments to the US market, presenting significant opportunities for Indian businesses, he said. Replying to a question, High Commissioner of Mauritius to India Haymandoyal Dillum said, «Indian industries should make the most of the AGOA agreement with African countries and the US.» Dillum, who visited Kolkata on Saturday to attend a programme of the Bharat Chamber of Commerce, encouraged the leather industry to explore value-added opportunities in Mauritius to gain a competitive edge in the US market.

Trinamool Congress president Ripun Bora on Sunday resigned from the party, claiming that the people of the northeastern state consider it as a «regional party» of West Bengal and are not willing to accept it as their own. In a letter to All India Trinamool Congress general secretary Abhishek Banerjee, Bora, the former Rajya Sabha member, said he had offered many suggestions to party supremo and West Bengal Chief Minister Mamata Banerjee to make TMC acceptable in Assam, but those were «not implemented». "Assam TMC has great potential, but several recurring issues have hindered our progress, including the perception of TMC as a regional party of West Bengal. To counter this perception, we made several suggestions," Bora said in his resignation letter.

sexual violence in Kolkata has sparked a nationwide debate about raising boys with a healthy respect for women to prevent future crimes. Experts emphasised the need for societal change, starting with education and parenting. The commonly heard phrase “boys will be boys” is criticised for perpetuating gender inequality and excusing inappropriate behavior. Reflecting this ingrained mindset, an incident from a Class 7 classroom was mentioned in The Times of India report by Neha Bhayana. During a 15-items activity, a boy expressed disgust upon the mention of “bra” as a clothing item. Srividya Sivakumar, the English teacher, used this moment to highlight that a bra is just a garment and should not be associated with secrecy or shame. Later conversations revealed the students were aware of the Kolkata rape-murder incident involving a young trainee doctor. Given the recent wave of sexual violence, there is growing support for the slogan “sirf beti mat bachao, bete ko sikhao” (don’t just save your daughters, teach your sons). This motto underlines the importance of raising boys correctly to prevent future crimes.

Shreya Ghoshal has announced the postponement of her upcoming concert in Kolkata, originally scheduled for September 14, 2024. The decision comes in the wake of the recent tragic rape and murder of a trainee doctor in the city, which has left the nation in shock. Taking to Instagram and X, Ghoshal expressed her deep sorrow and distress over the incident. «I am deeply affected by the gruesome and heinous incident that recently took place in Kolkata. Being a woman myself, the very thought of the sheer brutality that she must have gone through is unthinkable and sends shivers down my spine,» she shared in a heartfelt statement. The singer emphasised the importance of standing in solidarity with those affected, leading to the decision to reschedule the «Shreya Ghoshal Live, All Hearts Tour Ishq FM Grand Concert.» The event, set to take place at Netaji Indoor Stadium, will now be held in October 2024, with the exact date to be announced soon.

Emami on Saturday announced the acquisition of the remaining 49.6 per cent stake in Helios Lifestyle, which owns male grooming brand 'The Man Company'. Helios Lifestyle is already a subsidiary of Emami with 50.4 per cent shareholding, according to a statement from Emami. «The completion of the acquisition of Helios by Emami will strengthen its presence in the fast-growing digital-first premium male grooming segment,» it said.

April Fool and the 1965 classic Waqt, featured the elegant-looking Standard Herald. Sadly, its launch coincided with labour troubles at the plant and a decline in demand. By this time the founder had handed over the running of the company to his granddaughter’s husband, C.V.

Mamata Banerjee in her second letter to Prime Minister Narendra Modi on Friday addressed her demand for a “stringent central legislation on incidents of rape” and apprised him about the steps taken by the state government on women’s safety and security. She further claimed that she had not received a response to her previous letter. “I would reiterate and earnestly request to kindly consider a stringent Central legislation and exemplary punishment on heinous crimes of rape tape and murder with mandatory provision for disposal of cases in a specific time-frame by the trial authorities. I hope this matter would receive a very considerable attention at your kind end in the interest of our society at large,”Banerjee wrote in her letter .

Kolkata by the BJP West Bengal unit, its state president Sukanta Majumdar on Friday said that the law and order has completely collapsed in the state and that chief minister Mamata Banerjee must take responsibility. BJP state president said, «The situation is such that even after death, there is no relief. There is a syndicate raj prevailing in the hospitals.

Mumbai: The all-India House Price Index (HPI) moderated to 3.3 per cent in the June quarter of 2024-25 from 5.1 per cent in the year-ago period, according to data released by the Reserve Bank of India on Friday. The RBI releases HPI-based on transaction-level data received from the registration authorities in 10 major cities. The cities are Ahmedabad, Bengaluru, Chennai, Delhi, Jaipur, Kanpur, Kochi, Kolkata, Lucknow and Mumbai. «All-India HPI increased by 3.3 per cent (y-o-y) in Q1:2024-25 as compared to 4.1 per cent growth in the previous quarter and 5.1 per cent a year ago; annual HPI growth varied widely across the cities — ranging from a high of 8.9 per cent (Kolkata) to a low of (-)1.7 per cent (Delhi),» the central bank said.

Enforcement Directorate has facilitated the restitution of Rs 19.40 crore to the defrauded investors of the Rose Valley Group Ponzi scheme on the orders of a special PMLA court in Kolkata, officials said on Friday. In a statement, the ED said the amount has been transferred to the Rose Valley Asset Disposal Committee (ADC) account according to the court directives on July 24 and August 17. «The ED had requested the Assets Disposal Committee, constituted by the high court, to seek restitution of properties attached or seized by the ED under the provisions of the Prevention of Money Laundering Act (PMLA). »In compliance, the ADC filed an application under Section 8(8) of the PMLA before the Special Court," the ED statement said.

Also read: Why does the accusing finger always turn towards the oppressed? In this situation of sympathy shortage, certainly a live victim (unlike the Kolkata doctor who was assaulted and murdered on 9 August) better be insane with optimism. The American writer James Baldwin once wrote that “the victim who is able to articulate the situation of the victim has ceased to be a victim: he or she has become a threat". This is what happened in February 2017 when a Malayalam movie star was assaulted by a group of men when she was travelling from Thrissur to Kochi.

West Bengal CM Mamata Banerjee made on Wednesday and issues related to RG Kar Medical College & Hospital. Later, Bose left for New Delhi. «We have demanded imposition of President's Rule in Bengal,» Sukanta Majumdar told ET. BJP also started a seven-day dharna on the RG Kar issue after the Calcutta High Court granted them permission on Wednesday. Congress, led by WBPCC president Adhir Ranjan Chowdhury also hit the streets and organised a rally from College Square to Shyam Bazar. Several other rallies have been called in Kolkata by women protesters and citizens.

West Bengal CM Mamata Banerjee's «If you burn Bengal, Assam, North-East, Uttar Pradesh, Bihar, Jharkhand, Odisha, and Delhi too shall burn!» remarks, Union Minister Giriraj Singh on Thursday compared Mamata Banerjee to North Korea' Supreme Leader Kim Jong-Un and said Mamata can't tolerate her opposition similar to him. Taking the reaction further, Singh said that this can't be the language of a democratic person. On West Bengal CM Mamata Banerjee's speech, Union Minister Giriraj Singh said, «This can't be the language of a democratic person, of a Chief Minister. North Korean leader Kim Jong-Un doesn't tolerate his Opposition. Similarly, Mamata Banerjee doesn't tolerate the words of her Opposition.»

West Bengal chief minister Mamata Banerjee remarking that Assam will burn, Assam chief minister Himanta Biswa Sarma asked how she dared to threaten the state. West Bengal is witnessing protests over rape-murder of RG Kar doctor in Kolkata. “Didi, how dare you threaten Assam? Don't show us red eyes. Don't even try to burn India with your politics of failure,” said Sarma in a post on X.