Ajay Bhalla to discuss land acquisition projects with Bengal Chief Secy

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New Delhi, Nov 12 | Union Home Secretary Ajay Bhalla will on Friday discuss the pending land acquisition projects for the construction of a border fence, national highways and border outposts (BOP) with West Bengal Chief Secretary H.K. Dwivedi in Kolkata.

Bhalla, who is on a day-long trip to Kolkata, is expected to meet officers of the Border Security Force (BSF), a Home Ministry official said.

The other important areas of discussion include security arrangements and coordination with central security agencies at Integrated Check Posts made along the Bangladesh border for easy and hassle-free movement of people and cargo.

The official said that the Union Home Secretary will also discuss other security-related matters with the top officials of the state government.

The state government officials may also raise the issue of the Centre extending authority of the BSF from 15 km to 50 km in West Bengal, he said.

On October 24, Chief Minister Mamata Banerjee had opposed the Centre’s move and wrote a letter to Prime Minister Narendra Modi, alleging that “the step was taken to torture common people near the border areas”.

The Home Secretary is also expected to speak to District Magistrates of border districts and discuss security-related issues, the official added.

West Bengal shares borders with Bangladesh (over 2,200 km), Bhutan (about 183 km) and Nepal (about 100 km).

Source: IANS

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Weekly Fundamental Market Outlook

Weekly Fundamental Market Outlook

Indian share market posted its first weekly gain in Jun by rising 2.7%.

This week, the Indian Stock Market rebounded strongly and ended with first weekly gain of 2.7% in June as a drop in commodity prices offered some relief from broadening inflationary pressures. Copper prices, which are often seen as a bellwether for economic output due to their wide range of industrial and construction uses, are heading for their worst week in a year, while oil prices have dropped over concerns of slumping demand.

While the US recessionary fears are still at the forefront, but the slide in commodity prices has lifted the mood of stock market.Cheaper oil is usually beneficial for oil-importing countries such as India.

Domestically, on sectorial basis, Auto and FMCG are the top gainers, while Metal index is the top losers. On stock basis, Hero MotoCorp, Eicher Motors, Hindustan Unilever, Maruti Suzuki and M&M were the top gainers and Tata steel, UPL, Reliance Industries, hindalco Inds and Coal India were the top losers.

In the next week, investors will keep a close eye on crude oil price movement, commodity prices, US economic activity and the geopolitical development.

 

Post Disclaimer by BhaskarLive.in

The information contained in this post is source form the news agency or PR agency. We do not take any responsibility of accuracy of information. We have not made any modification or changes in original source content. This information only for general information purposes only. The information is provided by BhaskarLive.in and while we Endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the post for any purpose.

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