Finance Minister

115 Results

  • President Kovind approves bankruptcy code ordinance

    President Kovind approves bankruptcy code ordinance

     The ordinance to amend the insolvency and bankruptcy code that will bar defaulters from bidding for the stressed assets has got the President's approval. President Ram Nath Kovind on Thursday signed the ordinance that was sent to him by the......

    November 23, 2017
  • Cabinet approves setting up of 15th Finance Commission

    Cabinet approves setting up of 15th Finance Commission

    The Cabinet on Wednesday approved the setting up of the 15th Finance Commission which will assess the tax resources of the nation and suggest a formula for their devolution among states. The members of the Commission and its terms of......

    November 22, 2017
  • Arun Jaitly mocks quota deal between Congress, PAAS

    Arun Jaitly mocks quota deal between Congress, PAAS

    Finance Minister Arun Jaitley on Wednesday mocked the understanding reached between Congress and Hardik Patel-led PAAS on reservation for Patidars, saying it amounts to "deceiving each other" becuase quotas cannot exceed the constitutional ceiling of 50 per cent. "From the......

    November 22, 2017
  • Parliament's winter session will be held, to be regular session: Arun Jaitley

    Parliament's winter session will be held, to be regular session: Arun Jaitley

    Rejecting opposition criticism, Finance Minister Arun Jaitley said on Wednesday that Parliament's winter session will be held and it will be a regular session not overlapping with the Gujarat Assembly election dates. "Certainly, the winter session will be held and......

    November 22, 2017
  • Government taking steps to restore peace in Kashmir: Arun Jaitley

    Government taking steps to restore peace in Kashmir: Arun Jaitley

    With the security forces having an upper hand in the Kashmir Valley, the government is taking all steps to ensure a return of normalcy to the state, Finance Minister Arun Jaitley said on Wednesday. "There was a situation (in the......

    November 22, 2017
  • Cabinet nod to CPSEs negotiating wage revision

    Cabinet nod to CPSEs negotiating wage revision

    The Union Cabinet on Wednesday accorded permission to the Central Public Sector Enterprises (CPSEs) to negotiate wage revision with their employees, Finance Minister Arun Jaitley said. Announcing the decision after a meeting of the cabinet, he said: "There are over......

    November 22, 2017
  • Pakistani graft court declares Finance Minister an absconder

    Pakistani graft court declares Finance Minister an absconder

    Pakistan Finance Minister Ishaq Dar was declared an absconder by an accountability court in Islamabad on Tuesday in a corruption reference filed against him by the National Accountability Bureau (NAB). During the hearing, NAB's investigating officer Nadir Abbass told the......

    November 21, 2017
  • Winter session will be held, delays happened earlier too: Jaitley

    Winter session will be held, delays happened earlier too: Jaitley

    Countering opposition criticism, Finance Minister Arun Jaitley on Monday said the Winter Session of Parliament would "certainly" be held, adding that Parliament sessions have been delayed in the past as well. "It has happened several times that Parliament sessions are......

    November 20, 2017
  • Moody's India upgrade: Will continue reforms, says Arun Jaitley

    Moody's India upgrade: Will continue reforms, says Arun Jaitley

    Finance Minister Arun Jaitley on Friday termed Moody's upgrading India's sovereign rating after 13 years as “belated recognition” of reforms undertaken, saying that the reform agenda will continue with emphasis on higher spending on infrastructure and in rural areas. He vowed to......

    November 17, 2017
  • Moody’s ratings ‘extremely encouraging’, endorses Centre’s reforms, says Jaitley

    Moody’s ratings ‘extremely encouraging’, endorses Centre’s reforms, says Jaitley

    Union Finance Minister Arun Jaitley on Friday termed the upgrade in Moody’s ratings as “extremely encouraging” and also asked the detractors to “introspect” their positions. Addressing a press conference after Moody’s, one of the major ratings agencies upgraded India’s sovereign......

    November 17, 2017
  • Govt to put more capital in PSBs to strengthen them: Arun Jaitley

    Govt to put more capital in PSBs to strengthen them: Arun Jaitley

    Finance Minister Arun Jaitley today said the government has decided to inject more capital in state-owned banks to strengthen the banking system and spur economic growth. Last month, the government had unveiled a staggering Rs 2.11 lakh crore two-year road......

    November 12, 2017
  • GST rejig: Complete list of items after tax cut

    GST rejig: Complete list of items after tax cut

    In the biggest GST rejig yet, tax rates on over 200 items, were cut to provide relief to consumers and businesses amid economic slowdown. The 23rd Goods and Service Tax (GST) Council meeting on Friday recommended reduction in GST rate......

    November 11, 2017
  • Terror funding through counterfeit notes has fallen: Jaitley

    Terror funding through counterfeit notes has fallen: Jaitley

    A year after demonetisation, Finance Minister Arun Jaitley on Wednesday said terror funding through counterfeit currency had come down drastically in Jammu and Kashmir and Chhattisgarh. "It is very clear that terror financing has dropped drastically. We have learnt from......

    November 8, 2017