Kolkata: West Bengal Governor MK Narayanan has called a special session of the state Assembly next week beginning April 29 to discuss the chit fund scam. Speaker Biman Banerjee, in fact, has called an all-party meeting at 3 pm on Friday to discuss the special session.
But the TMC wants the West Bengal Protection of Depositors' Interest in Financial Institution Bill to be returned by the Centre so that it could be strengthened further and hopes that the bill will be returned by this evening. Meanwhile, sources have indicated to CNN-IBN that that the Finance Ministry and the Ministry of Corporate Affairs will also brainstorm to discuss the course of action on chit fund operations.
This comes as the chit fund scam gets bigger with market regulator Sebi turning the heat on over a dozen other companies running similar Ponzi schemes. People are rushing to withdraw Rs 20,000 crore invested in these companies.
Sebi has asked the government to look into the operations of all these companies. One such company is the Rose Valley Group, which has now approached West Bengal Chief Minister Mamata Banerjee seeking protection....
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12:43 PM, Apr 26, 2013
Watch the day's top stories with Bhupendra Chaubey on India @ 9. ...
11:29 PM, Apr 12, 2013
A freak 18-vehicle pile-up in Mumbai left two people dead and six injured. ...
09:21 PM, Apr 12, 2013
Two days after Presidency University was vandalised by alleged Trinamool Congress workers, the Governor addressed students at the campus on Friday evening. ...
07:10 PM, Apr 12, 2013
Kolkata: An emotional West Bengal Governor MK Narayanan on Friday addressed the students of the Presidency University and said sorry for the violence that had taken place two days ago on its campus. "I want to assure the students that this will never happen again. You, especially the girl students, come to the University to build your future, not to fend off goons. I am sorry this happened," the Chancellor...
05:35 PM, Apr 12, 2013
Kolkata: Two days after the attack on the Presidency University in Kolkata by alleged Trinamool Congress workers, four people, including a TMC worker, have been arrested. Those arrested are Shubhojeet Burman, Jayanta Haldar, Vishal Jaiswal and Pushkar Kumar Das. In the first clear admission of a TMC hand in the ransack, the mother of Shubhojeet Burman, one of those arrested, has acknowledged that her son is a Trinamool worker. All...
01:15 PM, Apr 12, 2013
Kolkata: West Bengal Governor MK Narayanan will meet students at Presidency University in Kolkata at 4.30 pm on Friday. He has been caught in a political crossfire between the Left and the Trinamool Congress after he asked the CPM to apologise for the attack on West Bengal Finance Minister Amit Mitra by its party cadre in Delhi. The CPM lashed out at Narayanan with General Secretary Prakash Karat writing to...
11:48 AM, Apr 12, 2013
Kolkata: CPM General Secretary Prakash Karat on Thursday wrote to President Pranab Mukherjee objecting to the comments by West Bengal Governor condemning the suspected SFI attack on Trinamool Congress (TMC) leader Amit Mitra and Chief Minister Mamata Banerjee. Governor MK Narayanan had issued a statement on Wednesday saying that the Left must apologise to the Chief Minister for the attack. Meanwhile, the staff and students of Presidency University in Kolkata...
05:39 PM, Apr 11, 2013
Kolkata: CPM General Secretary Prakash Karat on Thursday wrote to President Pranab Mukherjee objecting to the comments by West Bengal Governor condemning the suspected SFI attack on Trinamool Congress leader Amit Mitra and Chief Minister Mamata Banerjee. Governor MK Narayanan had issued a statement on Wednesday saying that the Left must apologise to the Chief Minister for the attack. Meanwhile, the staff and students of Presidency University in Kolkata submitted...
05:21 PM, Apr 11, 2013
Kolkata: The bus driver who was accused of rash and negligent driving leading to the death of SFI activist Sudipto Gupta on Friday denied the allegations against him. He claimed that he was being framed by the Kolkata Police. The police had arrested Raja Das alleging that negligence on his part had led to Sudipto's death. Eyewitnesses, however, have a different story to tell. They have squarely blamed the police...
05:32 PM, Apr 05, 2013
In a new twist in the AgustaWestland chopper deal probe, top government officials have questioned the credibility of the investigations being conducted by the Central Bureau of Investigation (CBI). They say that the CBI is merely focusing on former Indian Air Force chief SP Tyagi and his cousins, when it should be going after all the government officials who were involved in facilitating the contract. ...
05:13 PM, Mar 14, 2013
Hours after his release from jail, former Trinamool Congress legislator Arabul Islam on Friday accused sections of West Bengal Police of acting as CPI(M) "stooges" to frame him. ...
03:29 AM, Mar 02, 2013
Criticising West Bengal Governor MK Narayanan for questioning the sudden transfer of police chief RK Pachnanda, Trinamool Congress MP Sultan Ahmed on Friday said that he should "behave in consonance" with his gubernatorial responsibilities and not as a "former IPS officer". "The Governor of our state should behave like a Governor and not as a former IPS officer. The state government knows its duties and functions better than anyone else,"...
06:08 PM, Feb 15, 2013
Three days after campus violence rocked Kolkata's Garden Reach area and left a police sub-inspector dead, the move by the state government to transfer Kolkata Police Commissioner Ranjit Kumar Pachnanda has come under severe criticism by the Governor as well as the Opposition. ...
03:48 PM, Feb 15, 2013
Even as the UPA government's factsheet on the AgustaWestland helicopter deal can bring embarrassment for the Congress, three key decision makers who were involved in finalising the deal including President Pranab Mukherjee enjoy Constitutional immunity. The Defence Ministry's factsheet categorically states that the tender was finalised in 2005 - a time when President Pranab was the defence minister, SP Tyagi was Air Force Chief, Bharat Vir Wanchoo was SPG Chief...
12:30 PM, Feb 15, 2013
Three days after campus violence rocked Kolkata's Garden Reach area and left a police sub-inspector dead, the State Governor himself has stepped into what is turning to be West Bengal's latest political row after Chief Minister Mamata Banerjee on Thursday transferred police commissioner Ranjit Kumar Pachnanda. ...
11:27 AM, Feb 15, 2013
Two days after a policeman was shot dead during a clash between student activists, the West Bengal government on Thursday shifted out Kolkata police chief Ranjit Kumar Pachnanda for failure to apprehend the criminals, replacing him with Surajit Kar Purakayastha. ...
11:59 PM, Feb 14, 2013
Two days after violent clashes between the Trinamool and the Congress student union members claimed the life of a police sub-inspector and amidst allegations that TMC minister Firhad Hakim was shielding the accused, the Bengal governor MK Narayanan on Thursday said that ministers must not interfere in such cases. ...
04:47 PM, Feb 14, 2013
West Bengal Governor MK Narayanan on Thursday said the Mamata Banerjee government has to find out a "suitable solution" to the land acquisition problem and reminded it of the "major responsibility" to restore confidence in industrialists. ...
02:45 AM, Jan 18, 2013
The CPI-M on Sunday said the Mamata Banerjee-led West Bengal government was now making desperate efforts to placate Governor MK Narayanan since it was now afraid of being "red-carded" by the central government. ...
12:52 AM, Jan 14, 2013
