West Bengal
Latest news, explainers and analysis on West Bengal. Tracking 6 stories on Arth Vani.
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Latest on West Bengal
BreakingRBI Cancels Registration of 13 NBFCs, 11 Based in West Bengal
The Reserve Bank of India (RBI) recently cancelled the Certificates of Registration for 13 Non-Banking Financial Companies (NBFCs) across India. Notably, 11 of these deregistered entities were operating from West Bengal, marking a significant regulatory action aimed at strengthening the financial sector.
BreakingRBI Cancels Registrations of 13 NBFCs, 11 From West Bengal
The Reserve Bank of India (RBI) has cancelled the Certificates of Registration for 13 Non-Banking Financial Companies (NBFCs). A significant majority, 11 of these deregistered entities, were based in West Bengal, reinforcing the central bank's commitment to financial sector compliance.
WB May Replace Student Mobile Grants with Tablets
West Bengal is considering discontinuing its scheme of providing mobile phones to Class 11 students. The state government is exploring the possibility of distributing education tablets instead to enhance digital learning.
Websol Energy Acquires 54 Acres in West Bengal for 4GW Solar Plant
Websol Energy System has secured 54 acres of land in West Bengal's Falta Industrial Park to establish a new 4-gigawatt (GW) solar manufacturing facility. This expansion marks a significant step for the company in bolstering India's domestic renewable energy production capacity.
BreakingWest Bengal 7th Pay Commission Considers Central Pay Parity, 5% Annual Increment
West Bengal's 7th Pay Commission is reviewing demands to align state government employee salaries with Central government pay scales. Key proposals include increasing the annual increment from 3% to 5% to address existing pay anomalies and current economic conditions.
Studds Accessories Shares Surge 17% as Bengal’s Helmet Crackdown Ignites Demand
Shares of Studds Accessories rallied significantly following a strict enforcement of road safety rules in West Bengal. The helmet manufacturer reported a massive 70% spike in sales volumes within the state as regional authorities tightened compliance.
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