Finance Minister
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Arun Jaitley hopeful of BJP support on 49% FDI in insurance
National | July 11, 2014 12:28 ISTNew Delhi: Defending his decision to raise foreign investment cap in the insurance sector to 49 per cent, Finance Minister Arun Jaitley has expressed confidence that the proposal would get the support of his party,
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No need to panic on price rise; states should take action: Arun Jaitley
National | July 04, 2014 15:59 ISTNew Delhi: Blaming hoarders for the rise in food inflation, Finance Minister Arun Jaitley today said there is “no panic situation” and asked the states to take measures to crackdown on hoarding and black marketing
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India to seek expeditious sharing of bank info from Swiss govt
National | June 23, 2014 14:41 ISTNew Delhi: Seeking to expedite information sharing from the European nation, Finance Minister Arun Jaitley today said the government will write to Switzerland seeking details of Indians having unaccounted money in Swiss banks.The Minister's remark
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Rail fare hike difficult but correct decision, says Jaitley
June 22, 2014 17:21 ISTNew Delhi: Defending the steep hike in rail fare and freight rates as a ‘difficult but correct decision', Finance Minister Arun Jaitley today said the railways can survive only if users pay for availing of
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Arun Jaitley slams UPA govt over economic situation
India | June 10, 2014 18:27 ISTNew Delhi: Government today slammed the previous UPA regime saying it has left the country in a shambles with low growth and “elevated” poverty and vowed to resurrect the economy with a strong Prime Minister
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Arun Jaitley says economy challenging, India Inc presses for tax sops
June 08, 2014 19:52 ISTNew Delhi: Finance Minister Arun Jaitley today described the economic situation as challenging even as India Inc pressed for tax concessions and bold reforms to reignite the investment cycle and promote growth. In over two hour
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Amid austerity drive, Pak PM Nawaz Sharif gets two BMWs
World | May 22, 2014 13:12 ISTNew Delhi: Pakistan Prime Minister Nawaz Sharif has added two BMWs in his security convoy, according to a report published in The Dawn. Nawaz Sharif's this sedan, BMW 760 Li has high security protection equipments,
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Modi can't ensure higher growth than UPA: Chidambaram
February 23, 2014 6:49 ISTNew Delhi : Finance Minister P. Chidambaram defended UPA's record on the economic front, saying it delivered India's highest growth rate in any five-year period.Chidambaram was fielding questions from students, economists and professionals on Headlines
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Vote on account 2014: Govt plans to infuse Rs 11,200 crore in PSU banks in 2014-15
February 17, 2014 15:51 ISTNew Delhi: Finance Minister P Chidambaram today proposed to infuse Rs 11,200 crore in public sector banks to enhance their capital in the next financial year."In 2014-15, I propose to provide Rs 11,200 crore for
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Forward Contracts (Regulation) Act to be amended : FM
February 17, 2014 13:57 ISTNew Delhi: The Forward Contracts (Regulation) Act- FCRA shall be amended to strengthen the regulatory framework of the commodity derivatives market. Presenting the Interim Budget 2014-15 in the LokSabha today, Finance Minister P. Chidambaram said
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Rs 3370 cr transferred to 2.1 crore LPG consumers through Aadhaar: FM
India | February 17, 2014 13:50 ISTNew Delhi: Finance Minister P. Chidambaram while placing the interim budget said, a sum of Rs. 3,370 crore has been transferred to 2.1 crore LPG beneficiaries. The scheme has been put on hold for the time
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Interim Budget 2014: Small cars, bikes, SUVs, local mobile phones to be cheaper, no change in IT rates
February 17, 2014 17:50 ISTNew Delhi: In sops to middle-class ahead of the Lok Sabha polls, the Interim Budget today slashed excise duty on cars and two- wheelers, capital goods and consumer non durables and acceptance of long standing
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2014 elections may not throw up government with 'solid' majority: Chidambaram
December 14, 2013 21:53 ISTMumbai: Finance Minister P Chidambaram has said he does not think India will get a government with "solid majority" after the 2014 Lok Sabha elections. "But if does, then it would be a turning point to
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FM P Chidambaram calls for high level of probity in capital market
December 14, 2013 21:36 ISTMumbai: Pitching for high level of probity, Finance Minister P Chidambaram today said Indian capital markets are facing many concerns including low level of retail participation, which needed to be addressed urgently."It is important that
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Need to restore powers of executive to boost growth: FM
December 07, 2013 20:54 ISTMumbai: Making a strong case for a correct balance between the executive, legislature and judiciary,Finance Minister P Chidambaram today said India cannot achieve sustainable growth unless powers of the executive to govern are restored."Governance cannot
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More spending cuts needed to meet fiscal deficit target: Nomura
November 29, 2013 23:42 ISTMumbai: With fiscal deficit widening to 84.4 per cent of the budgeted target in the first seven months and the revenue collection falling way below the target, the government will have to undertake more austerity
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Odisha presents supplementary budget of Rs 7,144 crore
November 29, 2013 22:20 ISTBhubanewar: Amidst pandemonium by opposition Congress MLAs, Finance Minister Prasanna Acharya today presented the supplementary budget of Rs 7,144.58 crore with provision of more than Rs 2,000 crore for restoration and rehabilitation of the cyclone
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Finance Minister exhorts service tax defaulters to come clean
November 14, 2013 22:37 ISTNew Delhi: Asking service tax defaulters to take advantage of the amnesty scheme, Finance Minister P Chidambaram today said the government could not have come out with a better offer for them to come clean.Addressing
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Standard Chartered Bank sees marginal breach in FY'14 fiscal deficit target
November 07, 2013 22:17 ISTMumbai: Standard Chartered Bank today warned of a 0.2 per cent slippage in fiscal deficit at 5 per cent of India's GDP due to slower revenue growth. "Our base case is a fiscal deficit of
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Montek Singh Ahluwalia pitches for more Free Trade Agreements
November 06, 2013 20:59 ISTNew Delhi: Coming out in favour of free trade pacts, Planning Commission Deputy Chairman Montek Singh Ahluwalia said that India "clearly and unambiguously" needs to ink more such agreements. India has signed free trade pact
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