Jaitley said the government had earmarked Rs 25,000 crore (Rs 250 billion) for recapitalisation.
Pakistan leadership, he said, is 'riding a tiger on this issue and tiger never spares its own rider'.
The duo face a tough challenge to their ministerial aspirations.
The government on Monday categorically ruled out resignation of Finance Minister Arun Jaitley over allegations of corruption in Delhi cricket body DDCA which he headed till 2013, as Congress member disrupted proceedings of Rajya Sabha.
He said the Congress party is capable of dragging the judges into an unsavoury controversy and make them controversial 'should their judicial opinion not appear favourable in the cases in which the party has an interest'.
Training guns on Jaitley, Ashutosh said the Union finance minister should come clean on the alleged irregularities in the Delhi and District Cricket Association.
Finance Minister Arun Jaitley said the government will continue to pursue policies to support growth amid global slowdown.
GST compensation law allows for imposition of cess on certain luxury goods like tobacco, high-end cars and aereated drinks to create a corpus for compensating states for any loss of revenue in the first five years
Seeking investments to boost growth, Finance Minister Arun Jaitley on Thursday vowed a corruption-free governance.
Ricky Ponting opens up on his son's love for the sport
Rishabh Pant's leadership skills will be under scrutiny as a struggling Delhi Capitals would seek a much-improved performance from their bowlers when they take on an inconsistent Gujarat Titans in the IPL in New Delhi on Wednesday.
The 3 per cent target would now to reached a year later.
Parrikar submitted his resignation after BJP staked claim to form an alliance government in Goa.
Decision-making has to be much quicker, the finance minister said.
Calling Jaitley a "master of half truth and beautiful lies", AAP leader Ashutosh made certain fresh allegations against the finance minister and said his comments that there was no specific charges against him was "misleading".
Finance Minister Arun Jaitley is keen to introduce a fair tax regime.
'I think investors see a lot of positives happening in India now.'
Finance Minister Nirmala Sitharaman will present her sixth straight Budget ahead of the Parliamentary elections, matching the record of former Prime Minister Morarji Desai. Sitharaman in her pre-election Budget, which technically is a vote on account and popularly termed an interim Budget, will seek Parliament's nod for a grant in advance to meet the central government's essential expenditure for the first four months of the new fiscal year that starts in April. A new government elected after the April/May general elections will present the full Budget, likely in July.
The National Health Protection Scheme -- announced by the finance minister -- is aimed at benefiting 10 crore poor families by providing coverage of up to Rs 5 lakh per family per year.
The finance minister said while the 10 years of the United Progressive Alliance government were characterised by "policy paralysis", the Modi dispensation introduced structural reforms to make India a developed nation and give it a cleaner economy.
His remark comes hours after the government disclosed before the Supreme Court eight more names, including that of Pradip Burman, one of Dabur India promoters, a bullion trader and a Goa miner against whom it has started prosecution for allegedly stashing black money in foreign banks.
Finance Minister Arun Jaitley on Monday said domestic private sector investments have been slow and high cost of capital was also affecting several sectors.
Government is looking to develop 15 airstrips owned by the state governments and 10 that are with the Airports Authority of India.
There is concern in the organisation and the leadership over the unbridled criticism aimed at the Finance Ministry.
Jaitley was rushed to the hospital on July 4 following high blood pressure.
Taking up the case of Indian IT companies and professionals, Jaitley told Ross about the contribution of highly-skilled Indians in the economic development of the United States and India and stressed that they should continue to do so, which is in the best interest of the two countries, officials said.
Will Finance Minister Arun Jaitley's Budget 2016 be able to put India on a growth trajectory?
The finance minister said the government was open to suggestions.
The Reserve Bank has reduced interest rate by 150 bps since January 2015.
Asserting that it has several options, the Bharatiya Janata Party on Thursday said it will play a "crucial" role whoever forms the government in Jammu and Kashmir.
Finance Minister Arun Jailtey's time table on Budget day.
Senior Bharatiya Janata Party leader Arun Jaitley on Thursday denied existence or the tabling of any internal report prepared by Bal Apte at the three-day Chintan Baithak (brainstorming session) on reasons for the party's debacle in this year's general election. He also justified the expulsion of Jaswant Singh from the party.
To curb the black money problem, Jaitley said that India would be entering into bilateral pacts with Switzerland and other countries for automatic exchange of tax information.
Raking up the issue of 1984 riots, Bharatiya Janata Party leader Arun Jaitley on Monday alleged that those guilty for the "state sponsored" violence still remain unpunished.
The party said that the Delhi cricket body had become a den of corruption during Jaitley's 13-year rule.
Demanding Salman Khurshid's removal from the Union cabinet, BJP leader Arun Jaitley said that he was shocked at the law minister's blatant defiance of a constitutional body. Sharat Pradhan reports
Jaitley said note ban has compelled people to deposit money into bank accounts.
Jaitley said the Rs 500 and Rs 1,000 notes returned to currency chests of the RBI amounted to Rs 12.44 lakh crore
He said the government proposes to extend Pradhan Mantri Kaushal Kendras to more than 600 districts across the country, from 60 districts at present.
A delegation of ex-servicemen on Sunday met Finance Minister Arun Jaitley and submitted a memorandum seeking "corrections" in the One Rank One Pension notification, as their protest on the issue entered the 203rd day.
