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With Indian stock markets touching new highs, people from states like Uttar Pradesh, Rajasthan and West Bengal are participating in share markets actively, highlighted a latest report by the National Stock Exchange (NSE). The report highlighted that these three states are now leading in terms of the number of investors actively participating in the stock market, after Maharashtra and Gujarat which are traditional base of investors in the country. Maharashtra continues to lead the country in registered stock market investors, with 1.7 crore investors, making up 16.8 per cent of the total investor base, according to the National Stock Exchange. Uttar Pradesh holds the second spot, surpassing 1 crore investors in April and reaching 1.1 crore by August and holds 11.1 per cent of the total investors. Gujarat has figured at third place with 88.5 lakh investors (8.7 per cent), West Bengal with 59 lakh (5.8 per cent), and Rajasthan with 57.8 lakh (5.7 per cent). Uttar Pradesh, Rajasthan and West Bengal combined now accounts for almost one out of every four investors in the stock markets. In its report, the NSE stated, "It is also interesting to note that the top five states of Maharashtra, Uttar Pradesh, Gujarat, Rajasthan and West Bengal now comprise nearly half (48 pc) of all investors in the country." This data highlights the significant role these states are playing in shaping the overall stock market landscape in India. The report also revealed an emerging trend, the North and East India region is showing the highest growth in <keyword id="22721561" type="General" weightage="20" keywordseo="new-investor-registrations" source="keywords">new investor registrations</keyword>. Over the past year, these regions have added a substantial number of new investors, further broadening the investor base across the country. Interestingly, the report also noted that states outside the top 10 now make up 27 per cent, up from 23 per cent in FY20. Last month the Indian stock markets achieved a significant milestone as the total number of <keyword id="22721559" type="General" weightage="20" keywordseo="registered-investors" source="keywords">registered investors</keyword> in the country crossed the 10 crore mark in August. This achievement highlighted the growing interest and participation of the Indian population in the <keyword id="19949641" type="General" weightage="20" keywordseo="equity-markets" source="keywords">equity markets</keyword>, marking a momentous shift in the <keyword id="21127208" type="General" weightage="20" keywordseo="financial-landscape" source="keywords">financial landscape</keyword>. The data also highlighted that the journey from 9 crore to 10 crore registered investors took just five months, underscoring the rapid pace at which new investors are entering the market, meaning that an additional one crore investors joined the markets in a remarkably short period. The Indian stock market took over 25 years to reach its first crore of registered investors. However, the pace has accelerated dramatically in recent years, particularly with the influx of younger investors.

Nearly one-fourth of India's stock market investors hail from UP, Rajasthan, West Bengal: NSE

<keyword id="20037655" type="General" weightage="100" keywordseo="India-Bangladesh-trade" source="keywords">India-Bangladesh trade</keyword>, which was disrupted in the wake of the unrest in the neighboring country and the resignation of embattled prime minister <keyword id="20024637" type="General" weightage="20" keywordseo="sheikh-hasina" source="keywords">Sheikh Hasina</keyword>, remained stalled on Tuesday, traders said. <keyword id="22687819" type="General" weightage="20" keywordseo="West-Bengal-Exporters-Coordination-Committee" source="keywords" meta.keywordsubtype="org" meta.entityname="West Bengal Exporters Coordination Committee" meta.hostid="261" meta.entityid="West Bengal Exporters Coordination Committee">West Bengal Exporters Coordination Committee</keyword> secretary Ujjal Saha said trade through <keyword id="20031482" type="General" weightage="20" keywordseo="land-ports" source="keywords">land ports</keyword> in the state has been halted due to "non-clearance of goods by Bangladesh customs, resulting in hundreds of trucks being lined up in parking lots". Trade between the two countries through land ports at Petrapole, Gojadanga, Mahadipur, and Fulbari in <keyword id="19896517" type="General" weightage="20" keywordseo="West-Bengal" source="keywords">West Bengal</keyword> has been affected, while some passenger movement has been reported but turnout remains low, sources said. Saha noted that a Bangladesh government notification issued on Sunday declared a three-day holiday till Wednesday, except for essential services. Trade through Petrapole in North 24 Parganas district, the largest land port, remains halted as the Benapole customs in Bangladesh remained non-functional. Security at the land ports has been increased in response to the situation, he added. Ajay Srivastava, founder of the Global Trade Research Initiative (GTRI), emphasised the need to protect factories in Bangladesh and maintain supply lines to sustain trade and economic activities. "As Bangladesh is experiencing political turmoil, it is essential for all political factions to protect garment and other factories and keep supply lines open across the border," he said. Engineering Export Promotion Council chairman Arun Kumar Garodia expressed concern over the political developments in Bangladesh, noting the significant impact on Indian exporters. Bangladesh, a key destination for Indian engineering products, saw a drop in exports to $542.1 million during the April-June period of the 2024-25 fiscal, a decrease of 8.2% from the previous year. Bangladesh is India's largest trade partner in South Asia, and India is the second-largest trade partner for Bangladesh in Asia. India's exports to Bangladesh fell to $11 billion in 2023-24 from $12.21 billion in 2022-23, while imports decreased to $1.84 billion from $2 billion in the same period. India's main exports to Bangladesh include vegetables, coffee, tea, spices, sugar, confectionery, refined petroleum oil, chemicals, cotton, iron and steel, and vehicles, while major imports are fish, plastic, leather, and apparel. Bangladesh's exports to India are heavily concentrated in textiles and garments, which constitute 56% of their exports. Hasina landed at the Hindon airbase on the outskirts of Delhi on Monday, hours after she resigned as the prime minister, following weeks of deadly anti-government protests that killed nearly 300 people.

Trade via Bengal land ports disrupted amid unrest in Bangladesh

<keyword id="43440" type="General" weightage="20" keywordseo="Vladimir-Putin" source="Orion">Vladimir Putin</keyword> received a warm embrace from <keyword id="19916006" type="General" weightage="20" keywordseo="Kim-Jong-Un" source="keywords">Kim Jong Un</keyword> as he arrived at Pyongyang's airport on Wednesday, marking his first visit to the North Korean capital in nearly a quarter of a century. This rare meeting between the leaders of <keyword id="13422719" type="General" weightage="20" keywordseo="Russia-and-North-Korea" source="Orion">Russia and North Korea</keyword> comes at a crucial juncture of the 21st century’s geopolitical dynamics, as the dominant West continues to isolate both countries on a global stage. The recent developments have led to speculations of a new era of Cold War between the US-led alliance of Western countries and the Russia-China-North Korea bloc. During the Cold War of the 20th century, India had decided to take a unique path with its non-alignment policy, opting to stay neutral and independent instead of choosing sides between the United States and the Soviet Union. What will our stand be this time? According to <keyword id="19910206" type="General" weightage="20" keywordseo="North-Korea" source="keywords" meta.keywordsubtype="org" meta.entityname="North Korea" meta.hostid="261" meta.entityid="North Korea">North Korea</keyword>'s state news outlet, Putin's visit underscores the invincibility and durability of the Russia-North Korea alliance, Reuters reports. The partnership between the two countries is also being portrayed as a driving force behind the emergence of a <keyword id="21990432" type="General" weightage="20" keywordseo="new-world-order" source="keywords">new world order</keyword>, referred to as the “multipolar world” order. But what exactly does this mean? <cmsannotation type="cmsannotation" annotationid="The rise of a multipolar world: What does it mean?" comment="subhead" text="The rise of a multipolar world: What does it mean?">The rise of a <keyword id="21593944" type="General" weightage="100" keywordseo="multipolar-world" source="keywords">multipolar world</keyword>: What does it mean?</cmsannotation> In the global battle for influence, every side has its own agenda, and every faction also employs its own distinct terminology. The United States and its allies advocate for a “<keyword id="22105232" type="General" weightage="20" keywordseo="rules-based-international-order" source="Orion">rules-based international order</keyword>”, while Russia and China champion a “multipolar world”. India, on the other hand, proposes a middle ground called ‘Multilateral rules-based international order’, as advocated by the external affairs minister S Jaishankar. Call it what you will, the underlying facts remain the same. The global political landscape is undergoing significant change, transitioning from the unipolar dominance that followed the Cold War to a multipolar framework. This evolving system sees power more evenly distributed among several key nations, rather than being monopolised by a single superpower. Emerging powers, particularly the likes of China and India, appear to be at the forefront of this shift. The Asian giants are leveraging their growing economic and political influence to challenge Western dominance and assert their roles in global governance. Other nations, such as Russia and Brazil, along with several regional influencers, are also stepping up to shape international dynamics. A critical element of this transition is the relative decline of U.S. hegemony. While the United States continues to wield considerable military and economic clout, its capacity to unilaterally dictate global affairs has waned. Moreover, the proponents of a multipolar world also claim that the US’s rules-based international order is about imposing rules on other countries and ignoring them for itself when it is convenient. This has prompted other nations to take on more prominent roles. As a result, the major global powers are now competing for influence across various regions and issues, creating a landscape of competition that could fuel growing geopolitical tensions. But on the flip side, these developments also promote the formation of flexible, issue-specific alliances rather than traditional, long-standing blocs—take this Russia-North Korea partnership, for instance—reflecting the complexity of modern <keyword id="20710446" type="General" weightage="20" keywordseo="international-relations" source="keywords">international relations</keyword>. <cmsannotation type="cmsannotation" annotationid="India’s role in this evolving multipolar world" comment="subhead" text="India’s role in this evolving multipolar world">India’s role in this evolving multipolar world</cmsannotation> India is emerging as a vital player in this new multipolar reality. Its rapid economic growth, technological advancements and strategic partnerships are enhancing its global influence. However, its stance on aligning with any of the global power centres remains opaque. On one hand, India has traditionally favoured Russia in the past despite its non-alignment stance. Even during the recent Russia-Ukraine conflict, when the West issued multiple economic sanctions on Russia, India continued its trade engagements as usual. But on the other hand, the border tensions with neighbouring China have often pushed India closer to the US and its Western allies. So far, India has adopted a pragmatic approach, balancing relationships with major powers like the United States, Russia and China to safeguard its interests. It is navigating its complex relationships with other nations meticulously, balancing its interests and avoiding direct hostility. A crucial member of the reinvigorated Quad alliance, India exemplifies the principles of effective multipolarity. As its economic and strategic stature rises, the country is gaining a stronger voice in global discussions, positioning itself as a vital contributor to the evolving international order. Meanwhile, the unfolding dynamics of the Russia-North Korea relationship highlight the shifting tides towards a multipolar world. This transformation is likely to call for a fresh approach to international relations—one where strategic alliances and flexible partnerships play a crucial role. All in all, navigating the interplay of various power centres could prove to be key to shaping the future of <keyword id="21288591" type="General" weightage="20" keywordseo="global-politics" source="keywords">global politics</keyword>.

Multipolar world: As Putin and Kim Jong Un vow a new world order, India’s role remains an enigma

As the final five phases of polls draw closer, rift among <keyword id="20101713" type="General" weightage="20" keywordseo="INDIA-bloc-partners" source="keywords">INDIA bloc partners</keyword>, <keyword id="21533469" type="General" weightage="20" keywordseo="Congress-Left-combine" source="keywords">Congress-Left combine</keyword> and the <keyword id="19942089" type="General" weightage="20" keywordseo="TMC" source="keywords" meta.keywordsubtype="org" meta.entityname="TMC" meta.hostid="153" meta.entityid="TMC">TMC</keyword>, which are fighting separately has intensified, triggering a fierce contest across half of the remaining 36 constituencies in West Bengal driven by local issues such as <keyword id="20074422" type="General" weightage="20" keywordseo="Sandeshkhali" source="keywords">Sandeshkhali</keyword> and the SSC scam. TMC's decision to contest independently in the state, rather than as part of the bloc, has led to a three-way contest, with the other contenders being the BJP and the Congress-Left alliance. Nevertheless, both TMC and Congress have asserted that they are part of the INDIA bloc at the national level and are authentic representatives of the opposition front in Bengal. Political analysts suggest that without a dominant national narrative like national security after the 2019 Pulwama attacks, local concerns such as corruption allegations, the cancellation of School Service Commission (SSC) jobs, incidents in Sandeshkhali and implementation of the <keyword id="19965573" type="General" weightage="20" keywordseo="Citizenship-Amendment-Act" source="keywords">Citizenship Amendment Act</keyword> (CAA) are altering election dynamics. Maidul Islam, a political scientist at the Centre for Studies in Social Sciences, remarked, "Till a few months ago, it seemed the elections in Bengal will be a bipolar contest between the TMC and BJP. But with issues like corruption and Sandeshkhali gaining prominence, the Left-Congress alliance is fast gaining traction in several seats and turning the polls into a three-cornered contest in at least 18-20 LS segments." He said besides the two and three seats in Malda and Murshidabad districts, where TMC and Congress secured two each and the BJP one in 2019, there are 13 seats spread across South Bengal, where the TMC and the Left-Congress alliance are engaging in intense competition. "It's not that the Left-Congress will win many seats, but in segments where their vote share is above 10 per cent, there is a likelihood that they might influence the outcome, to the disadvantage of either the TMC or the BJP, if they manage to secure two per cent more votes," Islam added. According to sources in TMC and CPI(M), the electoral battleground extends beyond Malda and Murshidabad, encompassing Lok Sabha segments like Dum Dum, Srerampore, Arambagh, Hooghly, Howrah, Barrackpore, Bardhaman-Purba, Bardhaman-Durgapur, Bankura, Purulia, Tamluk, Kolkata North, and Jadavpur, all poised for a three-cornered fight. Notably, eight of these seats were won by TMC and the remaining by BJP in the 2019 parliamentary polls. "The shift in dynamics presents the Congress-Left alliance as a significant player, and its emergence complicates the electoral narrative, transcending the conventional TMC versus BJP dichotomy," political analyst Subhomoy Moitra said. While the Left Front is contesting 30 seats, the Congress has fielded candidates in 12 out of 42 seats. "We wanted an alliance with the Congress, but they were delaying the seat-sharing arrangements, so we decided to go alone. Now the Left-Congress alliance is helping the BJP by trying to eat into our votes," remarked TMC leader Santanu Sen. According to TMC leaders, the breakup of INDIA alliance in Bengal has both electoral advantages and disadvantages. "After the Left and Congress alliance fell apart in West Bengal in 2019, it had led to a four-cornered contest with BJP bagging the entire chunk of the anti-TMC votes in the state," they said. In the 2019 Lok Sabha elections, the BJP bagged 18 seats and its vote share rose from 17 to 40 per cent. Meanwhile, despite a 3 per cent rise in vote share, the TMC lost 12 seats, dropping from 34 to 22. The Left drew a blank with a vote share decline from 24 per cent to 6 per cent, and the Congress lost two seats, shrinking its vote share from 9.5 per cent to 5 per cent and bagging just two seats. "Local issues such as corruption and SSC scam are helping the Left-Congress in the state as there is anger among a section of people against the TMC and also against the BJP over the perception of a tacit understanding," a TMC leader said. Analysts observe that <keyword id="43868" type="General" weightage="100" keywordseo="mamata-banerjee" source="Orion">Mamata Banerjee</keyword>'s intensified criticism of Left and Congress, accusing them of aiding BJP, and the ensuing sharp responses from CPI(M) and Congress, alleging a secret pact between TMC and BJP, as indicative of the growing significance of Left-Congress alliance. Data from various local elections and by-polls conducted after 2021 assembly elections indicate a shift in anti-TMC votes as there has been a resurgence of Left-Congress combine. Incidentally, the BJP had witnessed a decline in its vote share as compared to the 2019 Lok Sabha and 38 per cent in 2021 assembly polls. In 2023, violence scarred panchayat polls which covered nearly 70 per cent of the state's electorate, the TMC had bagged 51 per cent of votes whereas the BJP had bagged 22 per cent. The Left-Congress-ISF alliance had, however, bagged 23 per cent votes. The ISF this time, however, has decided to contest alone in 17 seats. Congress leader Suvankar Sarkar emphasized, "People are disenchanted with the TMC and the BJP, as they are both sides of the same coin. People are coming out in large numbers to support the Left-Congress candidates." CPI(M) leader Sujan Chakraborty expressed confidence in the Left-Congress alliance's potential to deliver surprising results in the elections, claiming initial success in breaking bipolar politics in Bengal. BJP state president Sukanta Majumdar downplayed the significance of the rift in opposition alliance and the three-cornered fight in various seats. "People know that BJP is only fighting TMC's misrule in Bengal. Those who want to vote against TMC, will vote for us only just like in the 2019 and 2021 polls," he said. Political scientist Biswanath Chakraborty suggested that TMC stands to gain the most from the three-cornered contest. In minority pockets, the Left-Congress alliance could dent TMC's vote base, potentially aiding BJP's prospects, he noted.

West Bengal Elections: Rift among INDIA bloc partners triggers three-cornered intense contests

Kolkata, <keyword id="42606" type="General" weightage="20" keywordseo="tea-production" source="Orion">Tea production</keyword> in the country has dipped by 6.18 per cent to 127.12 million kilograms in November 2023. According to <keyword id="20037006" type="General" weightage="80" keywordseo="tea-board" source="keywords">Tea Board</keyword> data, the production in the year-ago month was 135.49 million kgs. In North India, primarily comprising Assam and <keyword id="19896517" type="General" weightage="20" keywordseo="west-bengal" source="keywords">West Bengal</keyword>, the production volume was at 106.23 million kgs (mkgs), down from 114.18 mkgs in the same period previous year. The production figures in November 2023 in South India stood lower at 20.89 mkgs from 21.31 mkgs in the same month of 2022. Maintaining the trend, the production of small growers was higher than the organised gardens in the month under review. Small growers produced 67.50 mkgs in November 2023, Tea Board data said. Tea Board had issued notifications regarding plucking restrictions during the winter months in order to preserve the quality of bushes. For tea estates in Darjeeling and gardens located at higher elevations, the last date for plucking of green leaves was December 11, 2023. The same for North Bengal's Dooars and Terai regions was December 23.

Storm in a cup: India's tea production falls by 6.18% in November

New Delhi: <keyword id="22930355" type="General" weightage="20" keywordseo="Janmashtami-festivities" source="keywords">Janmashtami festivities</keyword> across the country led to a <keyword id="22930356" type="General" weightage="20" keywordseo="business-surge" source="keywords">business surge</keyword>, with transactions exceeding Rs 25,000 crore, according to the Confederation of All India Traders (<keyword id="20143308" type="General" weightage="20" keywordseo="CAIT" source="keywords">CAIT</keyword>). These figure highlight the robust consumer spending during the festival driven by the vibrant celebrations of <keyword id="20126824" type="General" weightage="20" keywordseo="janmashtami" source="keywords">Janmashtami</keyword>, marking one of the most commercially active periods of the year. CAIT's National General Secretary and Member of Parliament from Chandni Chowk, Praveen Khandelwal, stated that during this significant festival, large-scale sales were observed, particularly in flowers, fruits, sweets, deity costumes, decorative items, fasting sweets, milk, curd, butter, and dry fruits. Khandelwal said that festivals like Janmashtami are an important part of the Sanatan economy, which strengthens the nation's economy. CAIT's National President, BC Bhartia said that Janmashtami was celebrated with great enthusiasm across the country, especially in North and West India, where the festival was celebrated with much joy. <keyword id="20187217" type="General" weightage="20" keywordseo="Krishna-Janmashtami" source="keywords">Krishna Janmashtami</keyword> was celebrated on August 26 this year across the country. Devotees traditionally fast and decorate temples and homes with flowers, diyas, and lights. Temples were decorated attractively, and there were large crowds of people visiting them. He highlighted that the special attractions of the Janmashtami festival included digital tableaux, selfie points with Lord Krishna, and many other delightful scenes. In cities, there were numerous bhajans, religious dances, and discourses by saints and sages. Various social organizations also organized large-scale Janmashtami celebrations. According to scriptures, Janmashtami is celebrated on the eighth day of the dark fortnight of the month of Bhadrapada. It is the day Lord Krishna was born. Earlier this month, the CAIT anticipated a festive trade of over Rs 12,000 crore across the country during the Rakhi festival. In 2022, the business during the Rakhi festival stood at around Rs 7,000 crore, in 2021 it was Rs 6,000 crore, in 2020 it was Rs 5,000 crore, in 2019 it was Rs 3,500 crore, and in 2018 it was Rs 3,000 crore, as per Khandelwal. The trade body said that the markets are witnessing a massive rush for shopping, and people are very enthusiastic about the festival.

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Nearly one-fourth of India's stock market investors hail from UP, Rajasthan, West Bengal: NSE

ANI

Trade via Bengal land ports disrupted amid unrest in Bangladesh

PTI

Multipolar world: As Putin and Kim Jong Un vow a new world order, India’s role remains an enigma

Kunal Kambli

West Bengal Elections: Rift among INDIA bloc partners triggers three-cornered intense contests

PTI

Storm in a cup: India's tea production falls by 6.18% in November

PTI

Janmashtami festivities drive business across India, sales exceed Rs 25,000 crore: CAIT

ANI

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