Tag: Piyush Goyal
17 Results
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Maneka says assets gifted to wives should not be taxed, seeks changes in I-T Act
The provision to tax the gifted assets was originally formulated in the 1960s under the assumption that wives and daughters-in-law.
July 10, 2018 -
Goyal for CSR ventures in Maoist areas
Takes a dig at industrialists for undertaking CSR activities near their factories; says 'those are compulsions, not CSR'.
July 10, 2018 -
‘Coal imports by power sector in April-May reduced 15%’
Speaking to reporters on the sidelines of the event, Goyal refuted reports of shortage of coal in Delhi's power plants.
July 4, 2018 -
Working to make Air India profitable again: Piyush Goyal
"Improvement in the functioning of Air India and its profitability would help us fetch a better value," he said.
July 4, 2018 -
Andheri bridge collapse: Five injured, Piyush Goyal orders inquiry even as blame game ensues
Railway Minister Piyush Goyal has ordered an inquiry into the incident. He directed officials to speed up rescue and restoration work at the crash site.
July 3, 2018 -
AMC to be set up for faster resolution of NPAs: Goyal
Independent asset management companies (AMCs) and steering committees will be set up for faster resolution of the non-performing assets (NPAs), or bad loans, of state-run banks, Interim Finance Minister Piyush Goyal said on Monday. He was briefing reporters here on the government accepting the NPAs resolution plan put forward by a committee headed by the …
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July 3, 2018 -
Fiscal deficit to be lower than 3.3% target: Finance Minister Piyush Goyal
Finance Minister Piyush Goyal on Monday expressed confidence that the government will not only meet the fiscal deficit target of 3.3 per cent, but it will do even better than that. He said while there were perceptions that the target will not be met, he was hopeful that his government will not only meet the …
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July 2, 2018 -
Strong action to be taken against illicit Swiss deposits: FM Piyush Goyal
A day after a report claimed that money parked by Indians in Swiss banks rose over 50 per cent to CHF 1.01 billion (Rs 7,000 crore) in 2017, Finance Minister Piyush Goyal on Friday said how all of it can be assumed to be black money, adding that strong action would be taken against anyone …
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June 29, 2018 -
Modi government plans mega event to mark 1st anniversary of GST on July 1
The Government is planning a mega event to mark the first anniversary of GST roll out on July 1 with the participation of industry chambers, traders, and tax officials, besides, Finance Minister Piyush Goyal. Union Minister Arun Jaitley too would be addressing the gathering through video conferencing. Sources said the government has decided to celebrate …
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June 26, 2018 -
India wants AIIB investments in 9 projects: Piyush Goyal
Terming India “a sweet spot where the rule of law prevails”, Finance Minister Piyush Goyal said here on Monday the country wants investments in nine projects from the China-based Asian Infrastructure Investment Bank (AIIB). Speaking to the media, Goyal said India has already picked up almost 28 per cent – or $1.4 billion – AIIB’s …
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June 25, 2018 -
IUML ‘cheated’ Rohith Vemula’s family for political gains, says BJP
The BJP also sought an apology from Congress president Rahul Gandhi. Goyal said Rahul Gandhi had also shared staged with her and claimed that it should be found out what allurements were offered to her.
June 20, 2018 -
Public money extremely safe in PSU banks, says Piyush Goyal
Public money is “extremely safe” in state-owned banks, Finance Minister Piyush Goyal said on Tuesday against the backdrop of several cases of frauds, including the USD 2 billion scam at PNB, unearthed recently. Speaking to reporters after meeting several heads of PSBs, he said the government is open to the question of giving more powers …
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June 19, 2018 -
Piyush Goyal to review train punctuality with zonal officials
Taking serious concern over the issue of the trains getting delayed for hours, Railway Minister Piyush Goyal will hold a review meeting with the General Managers of four zonal railways on Monday, ministry officials said. According to a senior Railway Ministry official, General Managers and officials of the Northern Railways, North Central Railway, East Central …
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June 15, 2018 -
HDFC Bank welcomes government’s approval to raise Rs 24,000 crore
HDFC Bank on Thursday welcomed the government’s approval of Rs 24,000 crore foreign direct investment (FDI) into the bank. In an official statement, the bank said: “This decision comes against the backdrop of an expected pick-up in credit growth driven by consumption-led demand and a recovery in the investment cycle.” “We are delighted to hear …
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June 14, 2018 -
Cabinet approves Rs 24,000 cr FDI in HDFC Bank
In another move to bolster the Indian banking system, the Union Cabinet on Wednesday approved a Rs 24,000 crore foreign direct investment (FDI) as additional share capital into private sector HDFC Bank, Finance Minister Piyush Goyal announced. Briefing reporters here following a cabinet meeting, Goyal said that with this additional FDI foreign equity in HDFC …
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June 13, 2018 -
Menu on Rails app: Know what you will be served in trains
The ‘Menu on Rails’ app will be available on Android and iOS platforms. Website version will also be available.
June 11, 2018 -
50 per cent increase in trains’ speed planned
Railway Minister Piyush Goyal said on Wednesday that the average speed of passenger trains will be increased by 50 per cent and that of freight trains almost twice as part of Mission Raftaar by 2022. At present the average speed of passenger trains is 44 kmph and that of freight trains is 24 kmph. A …
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May 31, 2018