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Emotional Chidambaram bids adieu to Finance Ministry

Last Updated: Thursday, May 15, 2014, 18:15

An emotional P Chidambaram on Thursday bid adieu to the Finance Ministry, which he had served thrice, with a promise that he would continue to remain active in public life.

Govt yet to decide on retrospective taxation issue: Shome

Last Updated: Saturday, January 11, 2014, 20:27

Shome said that the government was working on a resolution which would be applicable to all companies facing this problem.

Fin Min not in favour of tightening FDI norms in pharma

Last Updated: Tuesday, October 15, 2013, 17:25

The Finance Ministry is not in favour of tightening of norms for foreign investors in already existing Indian pharmaceutical companies, a senior official said.

No plan to provide stimulus to promote growth: FinMin

Last Updated: Monday, September 23, 2013, 12:22

The government Monday said that it is not planning any special stimulus for the corporate sector to tide over the current economic woes.

Fin Min says 2013-14 GDP growth to be over 6%

Last Updated: Friday, May 03, 2013, 15:26

Riding on the back of a pick-up in investment and improved investor confidence, the Finance Ministry on Friday exuded confidence that the economic growth will be 6 per cent and above in the current fiscal.

Govt to borrow Rs 3.49 lakh cr in first half of 2013-14

Last Updated: Monday, March 18, 2013, 19:22

The gross market borrowing through issue of dated securities in 2013-14 has been pegged at Rs 5.79 lakh crore.

FinMin to decide on tax benefits for CSR after Budget: Pilot

Last Updated: Monday, February 11, 2013, 20:41

Against the backdrop of the government making Corporate Social Responsibility (CSR) spending mandatory in the proposed new Companies Act, various firms are pitching for tax benefits on such expenditure.

5% GDP growth below expectation; efforts on to revive growth: Fin Min

Last Updated: Thursday, February 07, 2013, 14:26

Finance Ministry on Thursday said CSO's economic growth projection of 5 percent for the current fiscal is below expectations and the government will continue efforts to revive the economy.

FinMin asks banks to review non-core operations

Last Updated: Sunday, January 06, 2013, 12:46

"We also want banks to look at their non-core area operation. Some of the banks have gone into non-core areas," a senior Finance Ministry official said.

Rs 1.33 lakh crore tax non-recoverable: Fin Min to Par panel

Last Updated: Sunday, December 02, 2012, 21:51

The Parliamentary Standing Committee on Finance has expressed surprise that out of a total demand of Rs 2,48,927 crore as direct tax arrear, Rs 1,33,665 crore is not "realisable".

Declining exports: Finance Ministry examining proposals to give sops

Last Updated: Tuesday, November 20, 2012, 13:54

India's exports fell for the sixth consecutive month in October by 1.63 percent year-on-year, with trade deficit widening to a record USD 21 billion.

Exports down: FinMin yet to notify scheme announced in June

Last Updated: Sunday, October 21, 2012, 15:54

"The Commerce Ministry has written two-three letters to the Finance Ministry. The notification is awaited," an official said.