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  Panel on PSU banks' consolidation on anvil: Arun Jaitley

  March 05, 2016 22:01 IST

  Gurgaon: An expert panel will be set up shortly to devise a strategy for consolidation of public sector banks as India needs stronger lenders rather than a "numerically large number" of them, Finance Minister Arun

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  Budget to focus on poor, progress, jobs: Sinha

  February 20, 2016 14:33 IST

  New Delhi: The uplift of the poor, progress of farmers and employment for the youth will be the focus of the upcoming budget, Minister of State for Finance Jayant Sinha said in a Youtube post

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  Jayant Sinha pitches for changes in Companies Act, Sebi norms

  February 09, 2016 23:56 IST

  New Delhi: To strengthen corporate governance, more changes might be required in the Companies Act as well as in the Sebi regulations for listed companies, Union Minister Jayant Sinha said on Tuesday."We are seeing major

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  Non-passage of GST a blow to Indian economy, democracy: Jayant Sinha

  January 08, 2016 23:19 IST

  Bhubaneswar: The non-passage of GST bill will be a blow to the Indian democracy, economy and the overall development process, Union Minister of State for Finance Jayant Sinha has said."We are very desirous to get

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  Indian economy could double to $5 trillion in 10 years: Jayant Sinha

  December 19, 2015 22:35 IST

  New Delhi: The Indian economy could register an over twofold growth if the current growth rate is sustained, Minister of State for Finance Jayant Sinha said in New Delhi today."If we grow at 7 per

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  Government eyes Rs 10,000 crore a year from Swachh Bharat Cess

  December 15, 2015 16:53 IST

  New Delhi: Government expects to mobilise about Rs 10,000 crore revenue in a full fiscal by levying Swachh Bharat Cess (SBC), Parliament was informed today."The government has not fixed any target for SBC during the

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  Centre seeks consensus on 1 per cent extra GST levy

  November 27, 2015 12:34 IST

  New Delhi: The central government is seeking a consensus on the vexed issue of levy of one percent additional tax for the proposed goods and services tax (GST), Minister of State for Finance Jayant Sinha

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  RBI very well prepared to deal with US Fed action: Jayant Sinha

  Politics | September 17, 2015 19:30 IST

  New Delhi: India has built multiple layers of defence to deal with a possible US Federal Reserve's first hike in interest rates in nine years, and RBI is very well prepared to deal with its

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  Bihar polls 2015: NDA will sweep Bihar Assembly Polls, says Jayant Sinha

  Politics | September 13, 2015 7:22 IST

  Hazaribagh: The people of Bihar will "defeat" the "arrogant" Chief Minister Nitish Kumar for allying with "condemned" parties like the RJD and Congress in the ensuing state Assembly elections, Union Minister of State for Finance

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  RBI to consider deflation while deciding interest rates

  September 03, 2015 18:32 IST

  New Delhi:The Reserve Bank will take into account the domestic and global deflationary trend and take appropriate action on interest rate, Minister of State for Finance Jayant Sinha said today."We have to be very mindful

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  Government to invest Rs 8.5 lakh crore in railways: Jayant Sinha

  September 03, 2015 21:49 IST

  New Delhi: Sharpening focus on infrastructure development to boost growth, government will invest Rs 8.5 lakh crore in Indian Railways to change the face of the sector, minister of state for finance Jayant Sinha said

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  Lok Sabha passes bill to deal with cheque bounce cases

  Politics | August 07, 2015 6:00 IST

  New Delhi:  A bill providing for filing of cheque bounce cases at the place where a cheque is presented for clearance and not the place of issue, was approved by the Lok Sabhaon Thursday.The amendments

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  Public banks' NPAs up at Rs 2.67 lakh crore in FY 2015: Jayant Sinha

  July 21, 2015 21:50 IST

  New Delhi: Bad loans at public sector banks have increased to Rs 2.67 lakh crore at the end of March 2015 from Rs 2.16 lakh crore a year ago, minister of state for finance Jayant

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  Govt asks top taxmen to ideate for widening tax base

  June 14, 2015 14:24 IST

  New Delhi: As part of its effort to widen the existing tax base, government has asked top Income Tax department officers to individually contribute at least three innovative ideas in this regard.A senior official said

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  We inherited a derailed passenger train: Jayant Sinha on Indian economy

  Politics | June 13, 2015 22:35 IST

  Mumbai:  Drawing parallels between the economy and a train, Minister of State for Finance Jayant Sinha today said the Modi government inherited a derailed passenger train, but has already converted it into a 'Rajdhani' and

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  India to move ahead of China in coming days: Jayant Sinha

  Politics | May 18, 2015 14:26 IST

  Patna: India would leave China behind in terms of growth and development in the coming days, union Minister of state for finance Jayant Sinha said on Monday."In the coming days, India will leave China behind

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  Government considering clarificatory amendments to MAT rules: Jayant Sinha

  April 23, 2015 17:26 IST

  The government is considering clarificatory amendments to the rules relating to Minimum Alternate Tax (MAT) for the benefit of foreign investors who have been battling tax demands worth Rs 40,000 crore.“Clarificatory amendments to MAT rules

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  Top 30 defaulters' NPAs amount to Rs 95,122 crore in PSU banks

  March 17, 2015 20:11 IST

  New Delhi: The top 30 defaulters are sitting on bad loans of Rs 95,122 crore, which is more than one-third of the entire non-performing assets of public sector banks as on December 2014."As per data

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  India mulls measures to push stalled projects

  March 11, 2015 22:43 IST

  New Delhi: The government is contemplating a host of measures to push stalled projects and deal with the problem of rising non-performing assets (NPAs) of banking sector, Minister of State for Finance Jayant Sinha has

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  Income tax department sitting on Rs 1.19 lakh crore worth of refunds in last 3 years

  March 10, 2015 18:11 IST

  Income tax refunds to the tune of over Rs 1.19 lakh crore is pending for the last three fiscals, starting 2012-13, Parliament was informed."Income-tax refunds amounting to Rs 1,19,964.13 crore relating to last three assessment