Tag: Finance Minister

Finance Minister P Chidambaram will visit Australia later this week to attend the G20 meeting of finance ministers and central bank governors and hold roadshows to attract investment

Regulators should intervene only in cases of gross violations by companies or when there are clear cases of criminality so that they do not get over burdened, Finance Minister P Chidambaram said on Wednesday

Allying fears of global investors over taxation issues, Finance Minister P Chidambaram has said that India offers a stable and non-adversarial tax regime besides a fair and just dispute redressal mechanism

As public sector bank employees started a two-day strike on Monday seeking higher wages, Indian Finance Minister P Chidambaram said the profit of banks cannot be used only to enhance salaries because there are other obligations

Finance Minister P Chidambaram on Saturday expressed confidence that the economic growth rate for the current financial year will be revised to not less than 5 per cent

Pune: India needs to conceive several reforms in the banking sector, Finance Minister Arun Jaitley said here Saturday.

The government will encourage public and private investment in infrastructure and manufacturing sectors, Finance Minister Arun Jaitley said on Wednesday making his New Year resolution on a social networking website

The preparations at the government level begin months before. But the obsession in the media sets in just about a fortnight ahead of D Day (‘B Day’ would be more appropriate though). Edit pages of newspapers – and not just of the ‘Pink’ variety – are full of articles by ‘experts’ pontificating on what the […]

New Delhi: Union Minister Arun Jaitley, who returned from the US last week after a medical treatment, will resume office as the Finance Minister on Friday. Official sources said Jaitley will resume function as the Finance Minister and attend the Cabinet Committee on Security (CCS) convened at 9.15 a.m. The CCS meeting has been called […]

The dearness allowance (DA) of the Central government employees has been increased by 3 per cent effective from January 1, 2019, to “compensate” for price rise. This move of the Modi government will benefit 1.1 crore central government employees and pensioners. The cabinet has approved the additional DA of 3 per cent over the existing […]

New Delhi: UPA Chairperson Sonia Gandhi was apparently unhappy over the layout of party manifesto released on Tuesday as she wanted a bigger picture of party President Rahul Gandhi on the cover, sources said on Wednesday. Sonia Gandhi, who did not look her usual self, conveyed her viewpoint to party leader Rajeev Gowda, the convener […]

Islamabad: Asad Umar was removed as Pakistan Finance Minister on Thursday after mounting criticism over the state of the economy. In a tweet, Umar said the move was “part of a cabinet reshuffle” and that Prime Minister Imran Khan offered him the energy portfolio. “As part of a cabinet reshuffle, (the) Prime Minister desired that […]

New Delhi: The Finance Ministry has asked all ministries to report evaluation of Central Sector schemes under them in an effort to decide on funds allocations and requirement of improvements in them prior to the Budget. The Department of Expenditure has sought details on those schemes on budgetary allocation and expenditure pattern in the past […]

New Delhi: Former Finance Minister Arun Jaitley on Wednesday urged Prime Minister Narendra Modi not to include him in the new cabinet, citing his health issues. “During the last 18 months, I have had some serious health challenges. My doctors have enabled me to emerge out of most of them,” Jaitley said in a letter […]

New Delhi: State Bank of India Chairman Rajnish Kumar on Thursday said the bank does not need any capital from the government. “SBI doesn’t need any capital from the government,” Kumar said after a meeting with the Finance Minister for pre-Budget consultations with bankers where capital infusion in PSU banks was discussed. In March this […]