In growth push, govt to infuse Rs 70,000 cr into public sector banks over 4...
While there will be relief at the moves to recapitalise India's banks, there would be some disappointment that the capital infusion was not bigger The post In growth push, govt to infuse Rs 70,000 cr...
View ArticleSinha urges Opposition to help Centre in pushing reform laws
The Rajya Sabha has not been able conduct any major business in last two weeks of the Monsoon Session because of disruptions by Congress and other parties. The post Sinha urges Opposition to help...
View ArticleRBI to consider deflation while deciding interest rates: Sinha
The minister expressed optimism that India will achieve 8 percent growth rate in the current financial year, although the growth in the first quarter was only 7 percent. The post RBI to consider...
View ArticleSpace to accommodate OROP burden available, says Sinha
Under OROP scheme announced on Saturday, the pension for defence personnel would be revised every five years. The post Space to accommodate OROP burden available, says Sinha appeared first on Firstpost.
View ArticleArun Jaitley talks about ease of business, job generation at India Economic...
Finance Minister Arun Jaitley attended the India Economic Convention 2015 in New Delhi on Thursday. The post Arun Jaitley talks about ease of business, job generation at India Economic Convention 2015...
View ArticleMessage to Rajan: Environment favourable for policy action by RBI, reminds...
He was asked if there was a case for RBI to cut interest rates before its scheduled monetary policy review on September 29 The post Message to Rajan: Environment favourable for policy action by RBI,...
View ArticleOROP, Pay Commission will not impact fiscal deficit: Sinha
NITI Aayog vice-chairman Arvind Panagariya, Chief Economic Adviser Arvind Subramanian and Reserve Bank Deputy Governor Urjit Patel were present. The post OROP, Pay Commission will not impact fiscal...
View ArticleDisinvestment shortfall not to upset fiscal deficit target, says Jaitley
Government had budgeted to raise Rs 69,500 crore through disinvestment in the current fiscal. The post Disinvestment shortfall not to upset fiscal deficit target, says Jaitley appeared first on...
View ArticleMajor changes in the offing as law panel’s bankruptcy proposals seek overhaul...
The bankruptcy of an individual can be initiated only after the failure of the resolution process. The post Major changes in the offing as law panel’s bankruptcy proposals seek overhaul of system...
View ArticleGovt open to out-of-court settlement in Vodafone case: Sinha
Asked if the government is considering out-of-court settlement for Vodafone, CBDT chairperson Anita Kapur said, the government is always in the favour of reducing litigation. The post Govt open to...
View ArticlePay hike: Experts warn on deficit but govt confident of targets
Fitch said the planned wage increase is "sufficient to add substantive challenges to achieving the planned medium-term consolidation targets". The post Pay hike: Experts warn on deficit but govt...
View ArticleGovt making all efforts to pass GST Bill in Winter Session, reaches out to...
The government is hoping to get the bill approved in the winter session beginning on November 26 and complete the other necessary legislative work by March 31 The post Govt making all efforts to pass...
View ArticleFinance ministry sets up cell to implement pay panel recommendations
The cell would process and implement the "accepted recommendations of the Seventh Pay Commission", said an office memorandum. The post Finance ministry sets up cell to implement pay panel...
View ArticleLooking for common ground on GST; hope to pass it soon, says Jayant Sinha
Amid opposition from the Congress party on GST Bill, Minister of State for Finance Jayant Sinha today expressed hope that it would be passed soon as the government is willing to consider the...
View ArticleFinMin to set up high-level panel to tackle bank NPAs
New Delhi - Concerned over mounting bad loans, the government is planning to set up a high-level panel to effectively deal with the issue, said a senior Finance Ministry official. "That was discussed...
View ArticleFinance ministry to set up high-level panel to tackle NPAs
The gross NPAs of PSBs rose to 6.03 percent at the end of June 2015, as against 5.20 percent in March 2015. The post Finance ministry to set up high-level panel to tackle NPAs appeared first on...
View ArticleGovernment hopeful of passing and implementing GST Bill soon, says Jayant Sinha
Says govt trying to reform tax system to make it more simple and predictable and a step towards bringing down corporate tax rate to 25% The post Government hopeful of passing and implementing GST Bill...
View ArticleAny move to compensate states directly, waive 1% GST levy welcome: Taxation...
It is another matter that the increased burden on the exchequer may eventually increase then burden on you and me in some form or the other, if the government decides to compensate states directly. The...
View ArticleFrom 2017 non-disclosure of foreign assets will be ‘very risky affair’, warns...
Non-disclosure of overseas assets will become a "very risky affair" from 2017 as government will by then start getting information on them from foreign countries, Minister of State for Finance Jayant...
View ArticleP-Notes norms strict and robust, says Sinha
The comments assume significance as a Supreme Court appointed Special Investigation Team (SIT) on black money had earlier in July asked capital markets regulator Sebi to review its regulations on...
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