Arun Jaitley addressed a post-Budget press conference.
Govt looking for common ground on GST; hopes to pass it soon.
The MPC states that the 4 external members will have a tenure of four years each.
Earlier, maverick right-winger Subramanian Swamy had demanded the sacking of Jaitley's top aide
Amendments to RBI Act likely soon
Raghuram Rajan is said to have informally written to select policymakers and experts, to curb 'unnecessary' speculation over his future at RBI.
The Congress how could the prime minister make such allegations when the defence minister had not stated this in his reply to debates on the controversy in both Rajya Sabha and Lok Sabha last week and sought to know which court was Modi quoting.
The panel suggested inclusion of alcohol and petroleum products in GST, as is being demanded by the Congress.
Economists have cautioned that any deferment of the government's fiscal goals would prove counter-productive and raise the interest payment burden.
Hitting back at Rahul Gandhi, Government on Wednesday dared him to give proof in Parliament on his allegations against the government and PMO on National Herald issue.
RBI Governor has been under pressure from Finance Ministry.
Jaitley said the government had earmarked Rs 25,000 crore (Rs 250 billion) for recapitalisation.
The 30-share Sensex ended down 245 points at 28,799 and the 50-share Nifty closed down 81 points at 8,750
The announcement of a deferral is expected to be part of Finance Minister Arun Jaitley's Budget speech on February 29.
Finance ministry's drive is meant to meet fiscal deficit target and improve overall efficiency in government spending.
The 30-share Sensex ended higher by 177.46 points at 28,885.21 and the Nifty gained 63.90 points at 8,778.30.
The markets regulator made it easier for banks to acquire control in listed companies.
Rupee is seen to remain in the range of 67.50-68.80 in the short-term
It is possible that the final Budget architecture may be at variance with the comments.
India's state banks are under pressure to improve profitability.
The party said that the Delhi cricket body had become a den of corruption during Jaitley's 13-year rule.
Farmers with land sizes less than 0.01 hectare have an average annual income of Rs 54732 and annual consumption of Rs 61296, thereby, a debt of Rs 6564 each year. Compare this with the minimum pay for a government employee, says Devanik Saha.
The overriding objective of the National Investment and Infrastructure Fund (NIIF) must be adequate economic return, not financial return.
The amendment would help check round-tripping of funds and boost the domestic consumption, Jaitley added
Prime Minister Narendra Modi on Sunday cautioned against "commodifying" yoga, saying using it as some sort of business will do great damage to this world heritage.
Prime Minister Narendra Modi will hold discussions with public sector banks (PSBs) and financial institutions to draw up an action plan for banking reforms
Private investment will respond only to sustainable reform.
One Rank One Pension (OROP) will have a significant impact on the country's fiscal bill and the overall cost will be around Rs 16,000 crore.
Rajan said investments should return after initial investor worries over Brexit.
From planning Prime Minister Narendra Modi's foreign trips to playing a key role in the Jammu and Kashmir elections, former RSS spokesperson Ram Madhav is become increasingly important in the BJP
Jaitley's team presents a quintessential mix of foreign-educated, intellectual technocrats and seasoned bureaucrats