City Kolkata Financial News

Indian Navy warships INS Surat, INS Nilgiri and INS Vaghsheer were commissioned at the Naval Dockyard here in the presence of Prime Minister Narendra Modi on Wednesday.

Chief Minister N. Biren Singh said that due to the ethnic crisis, people are unable to use the highways to travel outside the state and high airfares are a big burden on them.

Subscribe to enjoy similar stories. Kolkata: In December, the iconic Howrah Bridge in Kolkata turned blue, as did the city’s famous clock tower, a replica of London's Big Ben. The South City and Acropolis shopping malls got the same treatment, as did the conveyor belts at Netaji Subhas Chandra Bose airport.

CBRE data showed that land deals of more than 2,200 acres last year as against about 1,900 acres in the preceding year.

Punjab Kings (PBKS) on Sunday announced India batter Shreyas Iyer as their captain for the 2025 edition of the Indian Premier League (IPL). The franchise secured Iyer’s services at the IPL 2025 mega auction for a record-breaking Rs 26.75 crore. Punjab fended off stiff competition from Kolkata Knight Riders (KKR) and Delhi Capitals (DC) in an intense bidding war to sign the star batter. While Iyer became the most expensive player in IPL auction history for a brief moment, he was later surpassed by Rishabh Pant, who fetched an even higher bid.

Kolkata has overtaken Bengaluru to become India's most congested city according to the 2024 TomTom Traffic Index. It is the world's second slowest moving city trailing only behind Barranquilla. Bengaluru and Pune follow at third and fourth spots, respectively. Dutch technology firm TomTom annually evaluates traffic conditions in major cities worldwide. Kolkata's average speed was 17.4 kmph, taking 34 minutes and 33 seconds to complete 10 kms. Bengaluru drivers took 34 minutes and 10 seconds to complete a similar journey. Commuters in Pune took 33 minutes and 22 seconds to travel 10 kms on an average.

Mani Shankar Aiyar on Saturday night said that deposed Bangladeshi prime minister Sheikh Hasina should be allowed to stay in India as long as she wants. Expressing happiness that Indian foreign secretary Vikram Misri went to Dhaka last month and held discussions with the authorities there, Aiyar told PTI on the sidelines of the 16th Apeejay Kolkata Literary Festival that the talks should be continuous and New Delhi needs to establish ministerial contacts with the interim government of Bangladesh. About demands by Bangladesh to extradite Hasina, he said, «I hope we will never disagree that Sheikh Hasina has done a lot of good for us. I am glad she was given refuge. I think we should be her host as long as she wants, even if it is for all her life.» Hasina, 77, has been living in India since August 5 when she fled the country following a massive student-led protest that toppled her 16-year regime.

Kolkata Metro has decided to run additional services along the North-South corridor from January 13 on a trial basis, an official statement said. Fourteen additional services (seven up and down each) would be run from Monday to Saturday between Noapara and Kavi Subhash along the Blue Line in peak hours in the morning (9 am to 11 am) and evening (5 pm to 8 pm) on a trial basis. It is expected that this move will benefit the metro commuters, the statement said. Consequentially, commuters will now effectively get metro services at six minutes interval between Dum Dum and Kavi Subhash during the rush hours.

Parvathy Thiruvothu told me just days back. The actor-activist was recalling those who cautioned her at the start of her career that a woman artiste has a limited 'shelf life'. You cannot last beyond a decade, after which you will be relegated to playing sister, aunt, and mother, they warned her. 'It's now been over 18 years since I entered films,' she added. 'My survival is my answer to those who said [that].' It is a happy coincidence that I ended 2024 on a stage conversing with Parvathy on the theme, 'She Is Writing History,' at the Wayanad Literature Festival, and I began 2025 watching a documentary on Aparna Sen, actor, director, magazine editor, activist, and all-round exemplar in the matter of both survival and history-making. Suman Ghosh's Parama: A Journey with Aparna Sen was released in theatres in Kolkata early this month after a positive reception on the festival circuit last year. The juxtaposition of these two women's stories in my mind took me back to my childhood when I first watched Sen's directorial debut, 36 Chowringhee Lane. Many years would pass before it occurred to me that until then I had not sampled the work of an Indian woman director. When 36 Chowringhee Lane was released in 1981, Sen was a rarity. The scenario has improved somewhat, but not dramatically so. Women directors are still not common.

Honey Singh is back! The popular singer and rapper has officially announced his Millionaire India Tour 2025, and tickets went live on January 11 at 2 pm. If you’ve been waiting for this moment, now's your chance to grab those tickets! The concert will take place in 10 cities across India, including Mumbai on February 22, Lucknow on February 28, Delhi on March 1, Indore on March 8, Pune on March 14, Ahmedabad on March 15, Bengaluru on March 22, Chandigarh on March 23, Jaipur on March 29, and wrapping up in Kolkata on April 5.

Tripura should focus on making products needed in the defence sector by using bamboo and rubber which grow aplenty in the northeastern state, speakers at an awareness session said here on Friday. The Kolkata-based Bharat Chamber of Commerce (BCC) organised the one-day awareness session. Aerospace and Defence expert Balpreet Singh highlighted the capabilities of Tripura that could be leveraged by the MSME and startups. Rubber could also be utilised in manufacturing tyres, tubes, gloves, uniforms and other gears used in the defence sector, he said.

Bangladeshi cattle smugglers on the India-Bangladesh border in West Bengal's North 24 Parganas district on Thursday night, a statement from the paramilitary force said. In a retaliatory action carried out in self-defence, the jawans successfully foiled the smuggling attempt and recovered 10 bulls, it added. The incident took place at Khutadah border outpost (BOP), where BSF personnel saw smugglers approaching the border fence from the Indian side with cattle. Simultaneously, smugglers from the Bangladesh side crossed the international border into India. When the BSF jawans challenged them to stop, the smugglers ignored the warning and advanced aggressively, wielding sharp-edged spears while attempting to cut the border fence. In response to the threat, a BSF jawan fired a blank round as a warning.

West Bengal Chief Minister Mamata Banerjee on Thursday claimed that Gangasagar Mela is «bigger than Kumbh Mela» and thus the Centre should accord national fair status to it. She said that the Centre provides thousands of crores of rupees for holding the Kumbh Mela, but the West Bengal government has to make all provisions

Himadri Speciality Chemical Ltd, the Ramco Group family, and Gharda Chemicals are among scores of mid-tier businesses, primarily into manufacturing or process-based industries, that are using credit funds to raise resources as bank credit slowed due to a crunch in garnering deposits amid visibly tepid growth for long-term debt plans in the mutual funds industry.

Bengaluru edged out Chennai as India’s top city for women, according to the third edition of the ‘Top Cities for Women in India’ (TCWI) report released by workplace culture consulting firm, The Avtar Group.

Motilal Oswal Alternates (MO Alts), the alternative investments arm of Motilal Oswal Financial Services, has raised over Rs 1,750 crore for its sixth real estate fund India Realty Excellence Fund VI (IREF VI) to focus on investments across top eight cities of India.

price discovery process for ITC Hotels which is getting demerged from the parent company. Today, January 6, marks the record date for the much-anticipated demerger of ITC Ltd.'s hotel business, affecting approximately 36 lakh shareholders of the Kolkata-based conglomerate.

Dalmia Bharat Group Managing Director, Puneet Dalmia, marked the formal entry of a national cement company into the Northeast when he unveiled the brand, which carries his family name, at a Guwahati indoor stadium on the eve of the winter Bihu.

Subscribe to enjoy similar stories. Mumbai/Bengaluru: At the turn of the century, Ketan Vinaychandra Parekh, then 38 years old, was known as the ‘Pied Piper of Dalal Street’. “If the stock market is one of the movers of the new Indian economy, Parekh is one of the prime movers of that market…legend has it IPOs are filed with Parekh before they hit the market," an India Today article from February 2001, stated.

rice prices fell for a third straight week to a 17-month low on weak demand and depreciation in the rupee to a record low.