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Union Budget 2014: Govt proposes measures to energise capital markets

Last Updated: Thursday, July 10, 2014, 15:42

To energise capital markets, the government today proposed a slew of measures, including tax benefits and easier regulations for foreign investors and corporate bonds besides creating a new instrument Bharat Depository Receipts, helping BSE benchmark Sensex to jump 434 points. Finance Minister Arun Jaitely in his maiden budget also annouced incenvtive for real estate and investment trust (REIT).

Union Budget 2014: 'Doubling bauxite export duty to improve domestic supplies'

Last Updated: Thursday, July 10, 2014, 15:38

The doubling of export duty on bauxite, a key input for aluminium making, to 20 percent will help improve availability of the raw material to the domestic producers.

Union Budget 2014: Govt allocates Rs 7,060 crore for 100 smart cities

Last Updated: Thursday, July 10, 2014, 15:33

The government today proposed an allocation of Rs 7,060 crore in this financial year for developing 100 'smart cities' in the country.

Know your Finance Minister

Last Updated: Thursday, June 12, 2014, 12:38

Budget 2014 will be a testing time for the new Finance Minister and it will show what he has in store for the people of the country.

Growth cannot be compromised at any cost: Jaitley

Last Updated: Monday, June 09, 2014, 17:25

Investors are keenly awaiting Jaitley`s first budget, due in early July.

Jaitley to meet India Inc on Friday

Last Updated: Thursday, June 05, 2014, 16:11

As a part of the pre-budget consultation exercise, the Finance Minister has already met with agriculturists.

"Come out of slumber," BJP tells PM and FM

Last Updated: Saturday, November 16, 2013, 16:24

BJP on Saturday flayed reported moves by the government to effect steep cuts in funds for social sector schemes and budgetary support for six flagship programmes, saying the Prime Minister and Finance Minister should "come out of the slumber" and think out of the box.

FM slams "unregulated" players in the financial market

Last Updated: Monday, September 30, 2013, 14:55

Finance Minister P Chidambaram on Monday slammed "unregulated" players in the financial market saying their activities have adversely impacted large number of consumers.

India is in a serious crisis of confidence: Yashwant Sinha

Last Updated: Saturday, September 07, 2013, 21:02

Asia’s third largest economy has been pummelled by a selloff in emerging markets. Rupee has been the worst performer in Asia this year. The Indian rupee touched a record low of 68.85 per dollar this year, and is down nearly 20%, despite consistent efforts by policymakers to prop it up.

FinMin to hear tax issues of industry groups every Wednesday

Last Updated: Thursday, July 18, 2013, 18:06

Industry groups can directly put forth tax related issues before a high level committee headed by Parthasarathi Shome, advisor to the Finance Minister, every Wednesday beginning August 7.

Chidambaram to leave for four-day US tour Monday

Last Updated: Sunday, July 07, 2013, 22:54

During his four day visit between July 9-12, Chidambaram is expected to meet US business leaders, including Walmart Asia CEO Scott Price, Boeing International President Sheperd W Hill, Microsoft's General Counsel and Executive Vice President (Legal and Corporate Affairs) Brad Smith, among others.

FM to meet heads of PSU banks today

Last Updated: Thursday, November 15, 2012, 09:18

The broad agenda of the meeting include review of first half numbers, deteriorating asset quality, credit growth, official sources said.