The total loans outstanding on government account to the world financial bodies and on bilateral assistance stood at $41.57 billion as on July this year, Lok Sabha was informed on Friday.
The government on Tuesday cleared 26 proposals envisaging foreign direct investment worth Rs 16.08 crore (Rs 160.8 million) including a Rs 5.03 crore.
Asserting that the reports regarding a run on ICICI Bank a few weeks ago was more of a panic reaction, Finance Minister Jaswant Singh on Tuesday gave a clean chit to the institution, describing it as a reputed and profit-making bank.
The government has fixed a target of 1 lakh (100,000) subscribers under the pension scheme for senior citizens through the Life Insurance Corporation, the Lok Sabha was informed on Friday.\n\n
With Star and conditional access system stirring up a hornet's nest, a three-member Group of Ministers will now give a broader look at all broadcasting issues, including uplinking, and even possibly the need to revisit the Convergence Bill.
Financial power-house JP Morgan's Rs 175 crore (Rs 1.75 billion) investment in its Indian arm was among the 44 foreign direct investment proposals worth Rs 222.19 crore (Rs 2.22 billion) cleared by the government on Tuesday.\n\n\n\n
The government on Tuesday cleared 34 foreign direct investment proposals worth Rs 617.28 crore, including Zee Telefilm's plans to issue Rs 480 crore foreign currency convertible bonds to two foreign companies.
Enthused by over 8.0 per cent growth in the last two quarters, Finance Minister Jaswant Singh on Tuesday said the economy could achieve a 'double-digit' growth in the coming years.\n\n\n\n
The government on Thursday cleared the Rs 30 crore (Rs 300 million) FDI proposal of a Chinese company, Haier Electrical Appliances to set up a 100 per cent subsidiary in India.
The much-touted launch of Dada-Dadi bonds from April 1 has been postponed by two months pending a comprehensive review of all small savings instruments by the finance ministry and the Reserve Bank of India.
In line with the relief package for tea growers announced in the Interim Budget, Commerce Minister Arun Jaitley on Friday sought a three-point package including two per cent reduction in interest rate on Special Coffee Term Loans.
Painting a rosy picture of the Indian economy, which has posted a phenomenal 8.9 per cent growth in the third quarter of 2003-04, Union Finance Minister Jaswant Singh on Friday
With the help of good management techniques and foresight, India was able to maaintain its position in the areas of petroleum, foreign exchange, inflation and industrial production, despite drought and war.
Finance Minister Jaswant Singh said on Saturday that he has approved the draft Cabinet note for amending Foreign Exchange Management Act.\n\n\n\n
Government and Securities and Exchange Board of India have taken a number of measures to further enhance the efficiency and safety of the markets and ensure investor protection, Finance Minister Jaswant Singh said in Lok Sabha on Friday.
Finance Minister Jaswant Singh has called off the meeting with empowered committee on value-added tax, scheduled for Tuesday.
There had been no significant impact of the United States-led war against Iraq on India's foreign exchange earnings or on its exports and imports, Finance Minister Jaswant Singh said in the Lok Sabha on Friday.
Finance Minister Jaswant Singh chose a newly refurbished hall in North Block to defend his announcements in a post-interim Budget interview.
The finance minister presented the Interim Budget for 2004-05 in the Lok Sabha on Tuesday.
Finance Minister Jaswant Singh while presenting the Interim Budget for fiscal 2004-05 in Parliament on Tuesday said 50 per cent of dearness allowance of the pay will be merged with basic salary of central government employees.
Ruling out the implementation of value-added tax from June 1, Finance Minister Jaswant Singh on Wednesday announced several excise duty concessions on edible oil and textiles.
Finance Minister Jaswant Singh presents an interim Budget on Tuesday amidst mounting pressure from the Bharatiya Janata Party to hike income tax exemption limit to Rs 100,000 and to merge 50% of DA with basic pay of government employees.
Non-Resident Indians in the Gulf have urged Finance Minister Jaswant Singh to retain the present tax benefits for NRIs returning home permanently and not abolish the Not-Ordinarily Resident status now valid for nine years.
Finance Minister Jaswant Singh said on Tuesday the government and the central bank were closely monitoring rising inflation and expected "a correction" soon.
Finance Minister Jaswant Singh on Tuesday ruled out the merger of IDBI with IFCI in the near future and said all efforts would be made to restore the state of health of these organisations. \n\n
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