Tag: Jaitley
Vijay Rupani Stays As Gujarat CM, Nitin Patel His Deputy
Vijay Rupani will continue as the Chief Minister of Gujarat and Nitin Patel as his deputy, the BJP announced on Friday after Finance Minister Arun Jaitley oversaw a meeting of the party's newly-elected MLAs.....
Creditors Need To Take Haircut In Resolving Bankruptcy: Jaitley
Banks and creditors would need to take a "haircut" on their bad loans, even as defaulting promoters could make their businesses operational again by paying the outstanding interest on the loan, Finance Minister Arun Jaitley said on Friday. ....
India To Regain World's Fastest Growing Economy Title Next Year: Economic Survey
India's Economic Survey for 2017-18 has pegged the country's growth at 6.75 per cent for the current fiscal and 7 to 7.5 per cent for 2018-19 while cautioning that increase in crude oil prices in international market may dampen the spirit. ....
Indian Budget Less Transparent: Anti-corruption Watchdog
India's budget is considered "less transparent" as it provides limited information in the public domain, Transparency International India (TII) said on Wednesday, adding the lack of transparency would lead to severe economic and financial problems.....
With Eye On 2019 Polls, FM Announces Sops For Farmers And Common Man But Targets Markets
In his last full budget before general elections in 2019, Finance Minister Arun Jaitley raised long-term capital gains (LTCG) tax to 10 per cent from zero at present, reduced corporate tax for 99 per cent of the companies to 25 per cent but left the tax structure for individuals largely unchanged.....
Equity Markets Tumble On Global Cues, LTCG Tax Reintroduction
The barometer Sensex of the BSE tumbled over 500 points on Friday following negative global cues and disappointment post Budget announcements on long-term capital gains (LTCG) tax reintroduction. The Nifty50, too, slipped over 160 points. ....
Banks Will Decide If To Lower Interest Rates: Jaitley
Sounding a note of caution on the inflationary impact of rising global crude oil prices ahead of the RBI's final monetary policy review of the fiscal, Finance Minister Arun Jaitley on Monday said that lowering interest rates is a decision entirely in the domain of banks.....
Industry Has To Introspect On Doing Ethical Business: Jaitley
In light of the Rs 11,300 crore Punjab National Bank (PNB) scam allegedly involving diamantaire Nirav Modi, Union Finance Minister Arun Jaitley said on Saturday that the discourse needed to move on from ease of doing business to that of Indian industry's responsibility to become ethical in the way it does business.....
Passport Details Must For Loans Of Rs 50 Crore And Above
Following the multi-crore Punjab National Bank (PNB) fraud, public sector banks have been asked to obtain passport details of borrowers taking more than Rs 50 crore so that information is quickly available in case any loan-taker flees the country.....
Kejriwal Apologizes To Jaitley
Delhi Chief Minister Arvind Kejriwal and other party leaders have apologized to Union Finance Minister Arun Jaitley for making allegations against him, a source said on Monday.....
