FINANCER

  • Finance Minister for tax reforms and quick decisions to ensure stability 4 days ago

    New Delhi: Ahead of the Budget, Finance Minister Arun Jaitley on Tuesday underlined the need for tax reforms and quick decision making to ensure stability in policy regime. The Minister also asked the Central Board of Excise and Customs (CBEC) officials to maintain certain level of civility with assessees but to...
  • Budget session likely from February 23: Sources January 20, 2015

    New Delhi: According to sources on Tuesday, the Budget session of Parliament is likely to start from February 23. Hopes are high with Finance Minister Arun Jaitley indicating start of second-generation reforms going forward. Jaitley is likely to make significant announcements on key issues such as retro tax, goods and services...
  • Bullet News: Catch the day's top stories January 14, 2015

    Bullet News is CNN-IBN's non-stop prime time bulletin where we bring to you the day's top stories from around the world. Be it politics, sports, entertainment or business, catch it here, only in 30 minutes. ...
  • India @ 9 with Zakka Jacob January 14, 2015

    Catch the day's top stories with Zakka Jacob on India @ 9. ...
  • News 360: SC pulls up Centre over Ganga clean up January 14, 2015

    The Supreme Court on Wednesday pulled up the Centre on the issue of cleaning of the Ganges and asked for a status report on setting up of sewage treatment plants within six months. ...
  • A rate cut seems to be on the anvil soon: Finance Ministry January 14, 2015

    The Finance Ministry has said that there is no reason why a rate cut cannot happen when RBI reviews policy on February 3. They say slower than expected pace of inflation has given RBI enough elbow room. ...
  • To live up to 4.1 per cent fiscal deficit target for financial year 2015: Arun Jaitley January 10, 2015

    At CNBC-TV18's 10th IBLA (India Business Leadership Awards) Finance Minster, Arun Jaitely spoke about his government's outlook for India in terms of growth, policy initiatives, reforms. During the discussion, Finance Minister said the government intends to live up to 4.1% FY15 fiscal deficit target. ...
  • India @ 9 with Zakka Jacob January 9, 2015

    Catch the day's top stories with Zakka Jacob on India @ 9. ...
  • News 360: Shootout at Kosher supermarket in southwest Paris, two dead January 9, 2015

    A fresh shooting has been reported inside a Jewsish grocery store in Eastern Paris. At least 2 people are believed to be dead. French media is reporting that several hostages, including women and children are being held inside. Reports say police are in touch with the suspects who claim to...
  • 'MakeInIndia' Twitter goof-up creates flutter on auto duty cut January 6, 2015

    New Delhi: Government's 'MakeInIndia' Twitter handle on Tuesday created a flutter on the micro-blogging site by erroneously stating that excise duty on cars and two-wheelers has been cut, but corrected the mistake later. The @makeinindia_, a Twitter handle managed by Ministry of Commerce and Industry, this afternoon posted that duties...
  • Changes in land laws balances development,compensation: Arun Jaitley January 4, 2015

    New Delhi: Brushing aside criticism against changes in land acquisition laws, Finance Minister Arun Jaitley on Sunday said the amendments would ensure higher compensation to land owners while fulfilling developmental needs of the nation. "The amendment balances the developmental needs of India, particularly rural India, while still providing enhanced compensation to...
  • Finance Minister Arun Jaitley denies pressuring RBI to cut rates December 30, 2014

    Mumbai/ New Delhi: Finance Minister Arun Jaitley denied on Tuesday that he was pressuring the Reserve Bank of India (RBI) into cutting interest rates, after his comment that the high cost of capital was stifling investment sent markets into a tizzy. Jaitley, in a speech in Delhi on Monday, said "costly...
  • States want issues to be resolved before GST roll-out December 26, 2014

    New Delhi: Days after Centre bringing in the landmark single rate GST bill, the states on Friday demanded early redressal of their concerns on revenue loss while pressing for release of more funds and having a say in implementation of the central schemes. Besides seeking decentralisation of Centrally Sponsored Schemes (CSS),...
  • Finance Ministry launches e-book to improve governance December 25, 2014

    New Delhi: Finance Ministry on Thursday issued an e-book containing important decisions and initiatives with a view to improving governance and bringing government closer to the public. "MoF (Ministry of Finance) hopes this will be useful to the citizens and an important step in bringing...
  • India slashes health budget, already one of the world's lowest December 24, 2014

    New Delhi: The government has ordered a cut of nearly 20 per cent in its 2014-15 healthcare budget due to fiscal strains, putting at risk key disease control initiatives in a country whose public spending on health is already among the lowest in the world. Two health ministry officials said that...
  • Goods and Services Tax Bill introduced in Lok Sabha after nod by states, TMC sounds caution December 19, 2014

    New Delhi: Aimed at creating a single tax for goods and services across the country, the Centre on Friday introduced the long-pending Constitution Amendment Goods and Services Tax (GST) Bill in the Lok Sabha for rollout of the new regime from April 2016 subsuming various levies like entry tax and...
  • Kerala Finance Minister KM Mani booked in graft case; rules out resignation December 11, 2014

    Thiruvanthapuram: Kerala Finance Minister KM Mani on Thursday was booked by the Vigilance and Anti Corruption Bureau in connection with the bar bribe scam that had rocked the Congress-led UDF government even as the minister ruled out resigning from the post, saying he would prove his innocence. Taking cognizance of the...
  • Arun Jaitley promises 'civilised' tax regime to attract investment December 10, 2014

    New Delhi: India will soon raise the foreign investment cap in insurance sector and work for making the tax regime "civilised" to attract overseas investments, Finance Minister Arun Jaitley on Wednesday said while exuding confidence of achieving 6 per cent growth next fiscal. Underlining that growth would...
  • Sale of 5 per cent SAIL share gets government over Rs 1700 crore December 5, 2014

    New Delhi: The Union government has garnered Rs 1,715 crore from sale of its 5 per cent stake in steel giant SAIL. The government's 5 per cent share has been sold at a floor price of Rs 83 per share. The sale of 5 peer cent stake in SAIL is only...
  • Finance Minister for more global cooperation to check tax evasion, smuggling December 4, 2014

    New Delhi: Calling upon revenue intelligence agencies to enhance cooperation with their global counterparts to check tax evasion and smuggling, Finance Minister Arun Jaitley on Thursday said free trade should also mean fair trade. Although the fiscal incentives for financial malpractices have come down over the years, the Minister said revenue...
  • Finance Minister Arun Jaitley against burdening salaried, middle class November 22, 2014

    New Delhi: Finance Minister Arun Jaitley on Saturday said that he does not favour burdening the salaried and middle-class with more taxes but would go after the evaders in widening the net. In fact, he would encourage more money being put in the pockets of tax payers that will lead to...
  • Centre aims to pass key bills in Winter Session of Parliament November 22, 2014

    New Delhi: With the Winter Session of Parliament set to begin on Monday, Finance Minister Arun Jaitley on Saturday said that the Centre aims to pass many essential reform bills including Insurance Bill, Coal Ordinance and Constitutional Amendment Bill. He said that the government is committed to get these bills...
  • Government aims at raising savings; re-launches Kisan Vikas Patra November 18, 2014

    New Delhi: With the objective to raise savings in the country, the government today re-launched Kisan Vikas Patra (KVP), an instrument which will provide trusted option of investment to poor and keep them off ponzi schemes. "In the last 2-3 years, savings rate in country has declined from a record high...
  • Jayant Sinha takes charge as MoS in Finance Ministry November 10, 2014

    New Delhi: IIT-Delhi and Harvard Business School alumnus Jayant Sinha on Monday took charge as Minister of State in the Finance Ministry. Sinha was briefed by senior officials in the Ministry soon after taking charge. He assumes office at a time when the Ministry is preparing the Budget for 2015-16. The...
  • Ebola countries to get $450 million in financing November 6, 2014

    United Nations: A new private sector initiative announced on Wednesday will provide at least $450 million in commercial financing to the three West African countries hardest hit by Ebola to promote trade, investment and employment. The International Finance Corporation, which is part of the World Bank Group, announced that the package...
  • Telangana government presents over Rs 1 lakh crore maiden budget November 5, 2014

    Hyderabad: The Telangana government presented its maiden budget with an outlay of over Rs 1 lakh crore in the Assembly on Wednesday. Etela Rajender, Finance Minister of Telangana state formed on June 2 this year, said in his budget speech that for the ten months of the financial year 2014-15,...
  • Finance Minister to review progress of Jan Dhan Yojana November 5, 2014

    New Delhi: Months after Prime Minister Narendra Modi launched the 'Jan Dhan Yojana', Finance Minister Arun Jaitley on Wednesday will review the progress of the NDA government's flagship programme. Jaitley will meet the heads of top banks and take inputs from them on the programme that is aimed at making banking...
  • Finance Minister Arun Jaitley to start budgetary exercise on Monday November 2, 2014

    New Delhi: The Finance Ministry will start the budgetary exercise on Monday, with the Expenditure Secretary meeting various ministries starting with Law and Justice and Information & Broadcasting. The ministry will finalise the revised estimates for 2014-15 and Budget estimates for 2015-16 for Plan and Non-Plan expenses. The meetings with various ministries...
  • Devendra Fadnavis reviews status of key departments in Maharashtra November 1, 2014

    Mumbai: A day after taking charge as the 27th Chief Minister of Maharashtra, Devendra Fadnavis on Saturday got down to the job, reviewing the status of key departments. Fadnavis chaired a meeting of the state Cabinet at the government's Sahyadri guest house in south Mumbai. The Chief Minister reviewed presentations of finance,...
  • Government extends the 14th Finance Commission's term by two months November 1, 2014

    New Delhi: Government has extended the term of the 14th Finance Commission by two months to December 31. "The proposal of extension of time period by two months for submission of report by the Fourteenth Finance Commission has been considered and approved by the Cabinet," an official release said. The...