Govt notification on $8.4 a unit price likely by month-end
The RBI needs to maintain a healthy contingency reserve so that it can lend its support in case of a bank failure.
Gas price hike seems to be a distant dream for Reliance Industries and its partners--Niko Resources and BP.
The Finance Ministry is of the opinion that Vodafone might drag its tax dispute to court.
The government managed to raise revenues by sending notices to high net individuals to did not file I-T returns last year.
The Finance Ministry has asked top rung exectives of United bank of India to furnish bad loan recovery report on daily basis.
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It would be fair to say that markets are coming to the end of a down-cycle and are at the cusp of the next up-cycle.
To help compare numbers better, FinMin might retain the interim Budget Estimates with the new ones.
The finance ministry is working on a Cabinet note for establishing a full-fledged Public Debt Management Office, officials told Business Standard.
For 2014-15, the bill on this account is likely to be 12.8% more than in 2013-14.
The govt auditor also indicts DGH and management committee of D1 and D3 fields
Only Rs 3,000 cr has been disbursed. Over 80% of these transfers were for cooking gas subsidy.
Details of identity and residence will not be required for exchange of notes between April 1 and June 30.
To check fiscal deficit, government needs to drastically cut Plan expenditure.
M Veerappa Moily's takeover of the environment & forests ministry last month, it appears, is turning out to be a blessing for Coal India Ltd (CIL), the world's largest coal producer.
The fourth finance ministerial meeting, to be held in New Delhi, will have Finance Minister P Chidambaram from the Indian side and Hyun Oh-seok, Deputy Prime Minister and minister of strategy and finance, from South Korea.
Common return for excise duty and service tax was envisaged when 119 services were taxed.
This comes even after the Indian ambassador there had said this would affect the interests of other Indian companies.
The likely solution that appears before the AAP government is to seek for a higher quota of domestic natural gas for Delhi, which would bring down auto and cooking gas prices.
Ministry to propose a new subsidy mechanism to cap upstream firms' share.
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