finance minister - Latest News, Analysis, Opinion

With Petrol and Diesel prices touch an all-time high, Finance Minister Arun Jaitley remained non-committal on cutting excise duty on them blaming "external factors" as the reason

Devaluation Of Rupee Not Attributable To Domestic Factors: Jaitley

Talking about Rupee's unabated fall, Finance Minister Arun Jaitley said the fall is due to global factors, not domestic and it is still better off as compared to other currencies

8.2 Per cent GDP Growth In April-June Quarter Due to Low-Base Effect: Chidambaram

Former Union Finance Minister P. Chidambaram said the increase in GDP growth rate of 8.2 per cent is because of lowest base of 5.6 per cent in last 8 quarters and shall decline going further

Strong Action To Be Taken Against Illicit Swiss Deposits, Says FM

With deposits by Indians in Swiss banks surging, Finance Minister Piyush Goyal today wondered how all of it can be assumed to be black money, but said strong action would be taken against anyone found guilty of wrongdoing.

India To Build Two More Strategic Petroleum Reserves, Says Piyush Goyal

India will set up a 4.4-million-tonnes SPR at Chandikhol in Odisha, and a 2.5-million-tonnes facility at Padur in Karnataka.

FinMin Asks Allahabad Bank Board To Divest CEO Of All Powers In PNB Scam Case

PTI

Banking & Finance Banking

The CBI has also named PNB executive directors K V Brahmaji Rao and Sanjiv Sharan, and general manager (international operations) Nehal Ahad in its chargesheet

Impact Of Budget 2018 On Salaried Class

Suvodeep Das

While leaving the income tax slabs unchanged, the budget saw the introduction of a standard deduction for salaried employees in lieu of the reimbursement of medical expenses and conveyance allowance, and an increase in education cess by 1%

Target A GDP Growth Of 7.5%

Rajesh Sud

Opinion Columns

Consistent focus on infrastructure development is key to economic growth

Strengthening Banks Most Important Agenda For Next Year: FM

PTI

Banking & Finance Banking

Giving different scenarios, he said for the simple reason that if an asset has been mismanaged or an asset is incapable of being managed by a particular management, then the whole object is expeditious resolution

A Different India To Benefit From Global Economic Recovery, GST, Note Ban: Finance Minister

By all indications there is a "more positive mood around the world" as far as economy is concerned, Jaitley said while participating in a seminar at the IMF headquarters organised by the Federation of Indian Chambers of Commerce and Industry

FM Asks CPSEs To Aggressively Push Capex

Jaitley, while appreciating the commitments of the ministries and CPSEs, assured that the government would make available adequate resources but "no slackness under any circumstances would be acceptable"

Will Work Expeditiously To Resolve Stressed Assets Issue: FM

Banks are facing mounting non-performing assets (NPAs) or bad loans to the tune of Rs 8 lakh crore of which PSBs alone account for Rs 6 lakh crore

Subramanian Swamy Believes He Will Be A Better FM Than Arun Jaitley

Swamy’s relentless criticism of former RBI governor Raghuram Rajan was also seen as indirect attack on Arun Jaitley

Amit Mitra Named Chairman Of GST Committee Of State FMs