BJP upset with Subramanian Swamy but will wait and watch before taking action
The BJP leadership is said to be upset over its MP Subramanian Swamy's open attacks on Finance Minister Arun Jaitley and top bureaucrats and has taken a serious view of the matter.
Jun 24, 2016, 18:56 PM IST
Enough "firepower" to deal with Brexit fallout: Govt
Seeking to allay concerns over Brexit impact on India, the government on Friday said the economy has enough "firepower" to deal with the situation, even as stocks and the rupee took a massive plunge.
Jun 24, 2016, 10:32 AM IST
Subramanian Swamy at it again! Attacks Economic Affairs Secy Shaktikanta Das; Arun Jaitley calls it unfair
Firing a fresh salvo, Swamy targeted Economic Affairs Secretary Shaktikanta Das while making light of FM Jaitley's support for the official, saying that he can directly speak to the prime minister on the issues raised by him.
Jun 23, 2016, 22:06 PM IST
India well prepared for 'Brexit': Finance Ministry
The Finance Ministry is closely watching the developments surrounding the referendum in Britain on the country`s continuity in the European Union and India was well prepared to handle any eventuality, a top official said early on Thursday.
Jun 23, 2016, 11:43 AM IST
Newly designed Indian currency notes likely soon
Newly designed currency notes are likely to circulate in the country soon with the Reserve Bank of India board on Thursday recommending a new set of designs for the banknotes.
May 20, 2016, 12:32 PM IST
Revised DTAA keeps clear of derivatives, debentures
The reworked India-Mauritius tax treaty has kept out derivatives and non-share securities like debentures from levy of capital gains tax in India as these are to be taxed only in host country, Mauritius.
May 13, 2016, 18:13 PM IST
India may clock near 8% growth on back of good monsoon: Das
India targets to be a "low-cost economy" by reducing interest rates and transaction cost, Economic Affairs Secretary Shaktikanta Das said Tuesday while projecting a near-8 percent growth for current fiscal.
May 03, 2016, 23:19 PM IST
98% FDI coming via automatic route: DEA Secretary
Finance Ministry today said 98 percent of foreign direct investment is coming into India through the automatic route and as a "positive sign" the number of applications being routed via the FIPB approval route has started declining
Apr 09, 2016, 18:56 PM IST
Govt to push bankruptcy code in upcoming Parliament session
A Parliamentary panel is expected to submit its report on the Bankruptcy and Insolvency Code on April 29 and government would push for the passage of the bill in the second leg of the Budget session, Economic Affairs Secretary Shaktikanta Das said today.
Apr 08, 2016, 18:42 PM IST
Banks may cut interest rates in next few days: Shaktikanta Das
Asserting that India is moving towards a low interest rate regime, Economic Affairs Secretary Shaktikanta Das on Friday said banks are expected to cut interest rates over the next few days in light of the recent monetary policy easing by RBI.
Apr 08, 2016, 17:46 PM IST
GST a key factor in improving ease of doing business: Das
Expecting an early passage of GST bill by Parliament, Economic Affair Secretary Shaktikanta Das Monday said administrative machinery is ready to implement the new indirect tax regime, which will be a key component in improving ease of doing business.
Apr 04, 2016, 20:57 PM IST
Govt will stick with reforms to push growth beyond 8%: Das
The pace of economic reforms will continue and efforts will be made to get the GST and bankruptcy legislations approved by Parliament expeditiously with a view to pushing growth to over 8 percent, the government on Wednesday said.
Mar 02, 2016, 14:54 PM IST
'7.6% growth for India in 2015-16 very, very significant'
Terming the projected 7.6 percent growth for the current fiscal as "very, very significant", Economic Affairs Secretary Shaktikanta Das today expressed the government's commitment to work towards boosting economic growth.
Feb 22, 2016, 15:00 PM IST
Govt orders merger of NSEL with Financial Technologies
This is the first case of the government ordering merger of two private companies invoking a rarely used clause in the companies law.
Feb 12, 2016, 21:41 PM IST
FinMin, RBI on same page on monetary policy committee: Das
The Finance Ministry Thursday said it is working in close cooperation with the Reserve Bank on "every issue", including the setting up of a Monetary Policy Committee.
Feb 11, 2016, 16:23 PM IST
Global economic turmoil hitting Indian markets: Government
The S&P BSE Sensex, which opened at 23,938.32 points, provisionally closed at 23,758.90 points (3.30 p.m.) -- down 262.08 points or 1.09 percent from the previous day`s close at 24,020.98 points.
Feb 10, 2016, 17:41 PM IST
FinMin to organise India Investment Summit on February 4-5
India has been trying to attract foreign investment for Make in India campaign with a view to boost economic growth and generating employment.
Jan 27, 2016, 17:27 PM IST
AIIB president-designate calls on PM Narendra Modi
Ahead of the commencement of its lending operations, president-designate of the newly-created Asian Infrastructure Investment Bank (AIIB) Jin Liqun on Monday called on Prime Minister Narendra Modi.
Jan 11, 2016, 21:57 PM IST
Bankruptcy bill to be introduced in Parliament Monday
The Centre on Monday will introduce the bankruptcy bill in Parliament.
Dec 21, 2015, 01:16 AM IST
Government takes stock of progress in gold schemes
Economic Affairs Secretary Shaktikanta Das Tuesday interacted with members of the public and private bankers here to review the progress of the schemes.
Dec 01, 2015, 23:50 PM IST
