News Report

 NSE IFSC-SGX Connect Inaugurated by PM Modi

Gandhinagar, The NSE IFSC – SGX Connect was formally launched by Hon’ble Prime Minister of India, Shri Narendra Modi, in the esteemed presence of Smt. Nirmala Sitharaman, Hon’ble Union Minister of Finance and Corporate Affairs, Shri Bhupendra Patel, Hon’ble Chief Minister of Gujarat, Shri Pankaj Chaudhary, Hon’ble Union Minister of State for Finance,Dr Bhagwat KishanraoKarad, Hon’ble Union Minister of State for Finance, Shri Kanubhai Desai, Hon’ble Minister of Finance, Govt. of Gujarat and Shri Injeti Srinivas, Chairman,IFSCA at an event

for NSE IFSC as the NSE IFSCSGX Connect has commenced. This connect will consolidate the liquidity pool for Nifty products in the NSE IFSC exchange and will facilitate access for global market participants in GIFT City. Consequently, it will give a boost to the IFSC capital markets eco system and is an important step towards making GIFT City a preferred global destination for capital market activities. I take this opportunity to thank the Government of India, IFSC Authority, GIFT City authorities, SEBI, RBI and the government and regulatory authorities in Singapore for their guid

Shri Loh Boon Chye, CEO of SGX Group, said, “The roll out of the Connect is a significant milestone for SGX Group and NSE and it brings us one step closer to combining the growing domestic and international liquidity pools for Nifty products.We are confident that the Connect will be the key platform that connects the world

WBSSC scam: Partha recites 'conspiracy theory', Arpita Mukherjee breaks down

Kolkata, July 29 (IANS) As Partha Chatterjee and his close aide, Arpita Mukherjee, both tainted in the multicrore West Bengal School Service Commission ( WBSSC) scam, were brought by the (ED) officials on Friday to the ESI Hospital here for routine medical checkup, their reactions were noteworthy. While Chatterjee spoke of 'conspiracy', Mukherjee appeared devastated. Of the two, Arpita Mukherjee was the first one to be brought to the hospital 

She burst into tears as the ED vehicle carrying her reached the hospital premises. She even refused to come out of the vehicle andthe female staff of Enforcement Directorate (ED) and the accompanying central armed forces had to virtually drag her out and take her to the hospital building. A visibly devastated Arpita Mukherjee did not utter a single word to the waiting mediapersons.

Soon after she was taken inside the building, another vehicle of ED carrying Partha Chatterjee reached the hospital premises. But unlike Mukherjee, he did not resort to any emotional scene and while going into the hospital building on a wheelchair pushed by the ED staff, he just gave a one-liner to the media -- "I am a victim of conspiracy". However, that one-liner was enough to provoke sharp reactions from the political circles. Ridiculing Chatterjee's one-liner, state Trinamool Congress general secretary and party spokesman, Kunal Ghosh said that in such cases the natural reaction would have been -- "I am innocent".

However, if Partha Chatterjee really thinks that he is a victim of conspiracy, he should prove that in the court," Ghosh said. BJP's national vice president and the party MP, Dilip Ghosh said that it was strange that one of the key accused in the entire WBSSC conspiracy was crying and claiming that he was a victim of conspiracy. "As of Arpita Mukherjee all I can say is that if she is really repentant, then she should clearly reveal to ED and CBI whatever she knows about this scam," Ghosh said. Sujan Chakraborty, CPI-M's central committee member and the former leader of the Left legislative parties in the West Bengal Assembly, said the actual conspiracy was against the thousands of eligible candidates who were deprived to accommodate ineligible ones against the financial consideration.