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Mamata Banerjee’s Close Aide Firhad Hakim Resigns As Kolkata Mayor Amid TMC Internal Crisis

Hakim, a close aide of Mamata Banerjee, had earlier sought permission from the TMC chief to resign from the post, citing difficulties in functioning.

Three Villagers, Including Woman, Killed In Fresh Violence In Manipur Amid Unrest; 7 Houses Burnt

The assault killed three civilians, including a woman, and seven houses were reduced to ashes, KIM said, adding "substantial damage" occurred to public properties

Xi Jinping To Visit North Korea Next Week, First Visit Since 2019

Chinese President Xi Jinping and North Korean leader Kim Jong Un in Beijing, China (file)

Bidhannagar Corporation Mayor resigns a day after Kolkata Corporation Mayor quit

KMC is yet to accept Firhad Hakim’s resignation even though party supremo Mamata Banerjee gave her nod to the move

HDFC Mutual Fund restricts lumpsum subscriptions in its gold ETF and fund of fund

HDFC Mutual Fund has restricted lumpsum investments in its gold ETF and fund of fund - HDFC Gold ETF and HDFC Gold ETF Fund of Fund with effect from June 8 and June 5 respectively.The fund house informed its unitholders that it has decided to temporarily restrict lumpsum subscriptions in HDFC Gold ETF and HDFC Gold ETF Fund of Fund until further notice.Also Read | ET Alpha Wealth Summit: India could unlock a $5 trillion export opportunity through FTAs, says Saurabh Mukherjea In HDFC Gold ETF, subscription transactions by large investors directly with HDFC Mutual Fund (i.e. investing minimum Rs 25 crore) shall not be accepted from the effective date. In HDFC Gold ETF FoF, lumpsum purchases /switch-ins into the FOF shall be processed only upto a limit of Rs 10 lakh per PAN per calendar month (at first holder level). This limit shall apply in respect of transactions received after cut-off time (3:00 PM) on June 5.It further said that all other terms and conditions of the schemes will remain unchanged. This addendum shall form an integral part of the SID / KIM of the schemes as amended from time to time.Launched on December 28, 2022, HDFC Gold ETF had an AUM of Rs 69.72 crore as of April 30, 2026. In the last one year, the fund lost 4.01% and since its inception it has given a CAGR of 8.27%.Also Read | ET Alpha Wealth Summit: Future alpha may emerge from neglected markets and asset classes, says Kalpen Parekh HDFC Gold ETF FoF was launched on November 1, 2011 and had an AUM of Rs 11,464 crore as of April 30. In the last one year, it gave a return of 57.05% and since its inception it has given a return of 11%.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts. Do share your questions on ETMFqueries@timesinternet.in alongwith your age, risk profile, and Twitter handle.

Behind Kim Jong Un's 'Exponential' Nuclear Ramp-Up Plan Is A US Problem

Kim reportedly said the expansion was necessary given what he called "worsening security threats"

A new plant to produce nuclear bomb fuel: Kim's message to Trump, South Korea

‘Suffocated’ Firhad Hakim likely to quit as Kolkata mayor

Kolkata Mayor Firhad Hakim is reportedly considering stepping down this week, possibly Friday, after the Trinamool's defeat in the Kolkata Municipal Corporation polls. Sources suggest Hakim expressed feeling "suffocated" to party chief Mamata Banerjee, citing the KMC's perceived ineffectiveness. This move follows the arrest and resignation of several councillors, adding to the pressure.

‘He repeatedly expressed desire to resign’: TMC says Mamata Banerjee allowed Kolkata mayor Firhad Hakim to step down

Firhad Hakim, an MLA from Kolkata’s port area and a close aide of Banerjee, has served as Kolkata’s mayor since 2018 and has held several portfolios.

North Korea Unveils New Nuclear Plant, Vows "Exponential" Arsenal Boost

Kim Jong Un visited the nuclear facility on Wednesday to learn about its operation indices.

Who Is Firhad Hakim, Close Mamata Banerjee Aide Who Quit As Kolkata Mayor

Firhad Hakim had offered to resign earlier, but Mamata Banerjee refused to consider it.

Trinamool Congress Crisis Live Updates: After Setbacks, Meeting Called At Mamata Banerjee's House

Trinamool Congress Crisis Live Updates: Firhad Hakim quit as the Mayor of Kolkata.

Another Jolt For TMC? Kolkata Mayor, Close Aide To Mamata Firhad Hakim Wants To Step Down

The development comes at a politically sensitive time for the ruling TMC, which has been battling internal dissent and organisational challenges.

TMC turmoil escalates: Mamata aide Firhad Hakim resigns as Kolkata mayor

TMC leader Firhad Hakim will resign as Kolkata mayor, says Kunal Ghosh; official confirmation awaited

TMC MLA Firhad Hakim resigned as Kolkata mayor after being granted permission by ex-CM Mamata Banerjee.

TMC's Firhad Hakim resigns as Kolkata mayor

Kolkata Mayor and Trinamool Congress (TMC) MLA Firhad Hakim has resigned from his post after receiving permission from party supremo Mamata Banerjee, senior TMC leader Kunal Ghosh said on Wednesday, amid deepening turmoil within the opposition party following its electoral defeat in West Bengal.The announcement came as the TMC grappled with its most serious internal crisis since losing power, with a large section of its legislators openly rebelling against the party leadership and seeking a reorganisation of the legislature wing.Also read: TMC crisis deepens as Mamata loyalists attend BJP-led review meetingThe political churn was visible on Wednesday when Hakim, along with TMC MLAs Nayana Bandyopadhyay, Ashok Deb and Kunal Ghosh, attended an administrative review meeting convened by Chief Minister Suvendu Adhikari at Nabanna, a development that added a fresh dimension to the ongoing unrest within the party, PTI reported.The attendance of several leaders considered close to Banerjee at the government meeting came even as the party's legislative wing appeared headed for an unprecedented split.Rebels stake claim to legislature leadershipHours earlier, 58 dissident TMC MLAs formally extended support to expelled legislator Ritabrata Banerjee as the new leader of the legislature party and conveyed their decision to Assembly Speaker Rathindra Bose, according to PTI.Ritabrata Banerjee, accompanied by fellow rebel MLA Sandipan Saha and other dissident legislators, met the Speaker and submitted letters of support purportedly signed by 58 MLAs.The rebel faction also proposed a new leadership structure, naming Ritabrata Banerjee as legislature party leader, Javed Khan, Sandipan Saha and Shiuli Saha as deputy leaders, and Raghunathganj MLA Akhruzzaman as the chief whip.Ritabrata Banerjee, Khan and Saha were also present at the chief minister's administrative review meeting later in the day.The developments followed a gathering of dissident legislators at the Assembly earlier on Wednesday. Significantly, none of the MLAs who attended the rebels' meeting had participated in Mamata Banerjee's dharna in central Kolkata on Tuesday, highlighting the growing divide between the party leadership and the dissident bloc.Also read: TMC rebels back expelled MLA Ritabrata Banerjee as legislature party leader in BengalPolitical signals from administrative meetingsSeveral leaders identified with the Kalighat leadership, including Hakim, Bandyopadhyay, Deb and Ghosh, skipped the Assembly meeting and instead attended the Nabanna review meeting.The latest development comes days after senior TMC MP Kakoli Ghosh Dastidar and six party MLAs attended an administrative review meeting chaired by Adhikari in Kalyani, triggering speculation over shifting political equations within the opposition camp after the assembly election setback.Political observers told PTI that with another set of TMC leaders attending Wednesday's meeting, the line between administrative engagement and political messaging was becoming increasingly blurred in West Bengal's evolving post-election landscape.The BJP government has maintained that such meetings are inclusive administrative exercises. During the previous TMC regime, BJP leaders had often alleged that opposition legislators were excluded from official review meetings.Soon after assuming office, Adhikari announced that opposition MPs and MLAs would be invited to government programmes and district-level administrative review meetings.Also read: TMC dissolves West Bengal units, launches overhaul after poll drubbingParty debates participationReacting to the participation of TMC legislators in such meetings last week, Kunal Ghosh had said the matter was being discussed within the party."We are not in favour of boycotting administrative meetings called by the state government. But when our party workers are being assaulted and rendered homeless in post-poll violence, we need to think twice before attending such meetings. Our party is also discussing whether we should continue participating in these meetings or not," he had said.The ongoing turmoil comes against the backdrop of the TMC's crushing assembly election defeat and growing uncertainty over the party's future leadership structure.

Firhad Hakim resigns as Kolkata Mayor after TMC supremo Mamata Banerjee's nod

Firhad Hakim resigns as Kolkata Mayor after TMC supremo Mamata Banerjee's nod

Trinamool rift deepens; 20 MLAs attend administrative meeting called by Bengal CM Suvendu Adhikari

Trinamool MLAs present included prominent names such as Firhad Hakim, Javed Khan and Kunal Ghosh; the development comes amid reports that several rebel MLAs have submitted a claim to elect a new Leader of Opposition

Trinamool rift deepens as 20 MLAs attend administrative meeting called by Suvendu

Trinamool MLAs present included prominent names such as Firhad Hakim, Javed Khan and Kunal Ghosh; the development comes amid reports that several rebel MLAs have submitted a claim to elect a new Leader of Opposition

China's Show Of Unity With Russia And North Korea May Strain Its Global Ties

The Putin-Kim-Xi alliance is likely to push Japan and South Korea to distance themselves from Beijing.