Kolkata

The National Stock Exchange of India Ltd. (NSE) has launched an investor awareness initiative at the Kolkata Book Fair, underscoring its commitment to expanding financial literacy beyond traditional market participants. By engaging directly with the public at one of the country’s largest cultural gatherings, the exchange aims to demystify capital markets and promote informed investing. The program focuses on basic investment principles, risk awareness, and long-term wealth creation, targeting first-time investors and students.

Professional services firm KPMG has strengthened its presence in eastern India with the launch of a dedicated tax office in Kolkata, underscoring growing demand for specialized advisory services in the region. The expansion reflects rising corporate activity, regulatory complexity and increased cross-border transactions involving businesses based in eastern and northeastern India. Industry experts view the move as part of a broader strategy by global consulting firms to deepen local engagement and tap into emerging regional markets.

The termination of the lease for the State Bank of India’s Global Market Unit (GMU) in Kolkata has sparked concern within banking and financial circles, prompting calls for the Reserve Bank of India to intervene. The development has raised questions around operational continuity, regulatory oversight and the broader implications for India’s offshore and international banking ambitions. While details surrounding the lease termination remain limited, stakeholders argue that disruption at a key financial unit warrants urgent regulatory attention.

Real estate developers and property stakeholders in Kolkata have urged the Union government to introduce targeted tax relief measures in the forthcoming Budget, citing rising input costs, tight liquidity, and uneven demand recovery. Industry representatives argue that rationalizing taxation and enhancing incentives for homebuyers could revive sentiment, accelerate housing sales, and stimulate fresh investment. With affordable and mid-income housing segments facing pressure, developers believe fiscal support is critical to sustaining momentum.

New mobility data released by electric two-wheeler maker Ather Energy offers fresh insights into urban driving behavior across India’s major cities. The analysis reveals stark contrasts in how commuters navigate congested roads, with Kolkata emerging as the city with the highest incidence of honking, while Bengaluru records the most frequent panic-braking events. The findings highlight how traffic density, road infrastructure and commuter stress shape daily mobility patterns.

Kolkata’s commercial real estate market is witnessing a remarkable resurgence as office leasing activity reaches its highest level in over a decade. Driven by corporate expansions, IT sector growth, and renewed investor confidence, leasing volumes have surged significantly, reflecting a shift in demand patterns toward modern, flexible workspaces. Analysts attribute the boom to favorable market conditions, competitive rental rates, and an uptick in startup and multinational activity in the city.

The Ambuja Neotia Group has moved to revive the long-stalled Usshar real estate project in Kolkata, signaling renewed confidence in the city’s residential property market. The decision reflects improving demand conditions, regulatory clarity and a sharper focus on completing legacy developments. Industry observers view the revival as a positive inflection point for eastern India’s real estate landscape, where delayed projects have historically weighed on buyer sentiment.

Tensions escalated outside the Chief Electoral Officer’s (CEO) office in Kolkata as BJP and TMC supporters clashed over the proposed Special Investment Region (SIR) project. The confrontation, marked by heated arguments and physical scuffles, prompted police to deploy barricades to prevent further escalation. Both parties accused each other of attempting to disrupt the administrative process and influence decision-making, reflecting the high-stakes political environment in West Bengal.

India is poised to play a pivotal role in the 2026 ICC Men’s T20 World Cup, with Ahmedabad and Kolkata identified as leading contenders to stage the highly anticipated semifinal clashes. As the country prepares to co-host the global tournament with Sri Lanka, officials are focused on utilizing world-class venues capable of handling massive crowds, advanced broadcast requirements, and rigorous international standards.

East Bengal Club, one of India’s most storied sporting institutions, is set to honour Indian women’s cricket stars Deepti Sharma and Richa Ghosh following their historic triumph at the ICC Women’s World Cup. The Kolkata-based club, renowned for celebrating sporting excellence beyond football, plans a grand felicitation ceremony to recognize the duo’s outstanding performances that contributed to India’s momentous victory.