The goverment has found serious irregularities in the functioning of the National Bank for Agriculture and Rural Development (Nabard), Finance Minister Jaswant Singh said in the Rajya Sabha Tuesday.
Rejecting the Opposition demand for a JPC probe into demat share scam, the Government Tuesday said SEBI was examining the matter and strictest possible action would be taken against those involved in the irregularities.
The government has permitted foreign banks to open a maximum of 18 branches in the country, which are situated mostly in urban and metropolitan centres, the Lok Sabha was informed on Friday.
Finance Minister Jaswant Singh said on Tuesday that his ministry was considering offering senior citizens interest rates that are higher than market rates.
All the pending notifications on the Export-Import (Exim) Policy will be issued within a week, Commerce and Industry Minister Arun Shourie informed the Rajya Sabha on Monday.
In an apparent bid to resolve the row over divestment in public sector units including the one involving HPCL and BPCL, Prime Minister Atal Bihari Vajpayee held an informal meeting of senior Cabinet ministers.\n\n
BJP leader in Rajya Sabha Jaswant Singh described the Kargil War as a 'glorious chapter in India's military history'.
Vajpayee was elected chairman of the BJP parliamentary party.
The government on Friday approved 34 foreign direct investment proposals worth Rs 30.98 crore (Rs 309.8 million).
The Indian team for the SAF Games in Islamabad will be chosen on the performance in the championships.
The government on Thursday cleared 24 foreign direct investment proposals worth Rs 190.93 crore, including the Rs 140 crore investment by Korean confectionary firm Lotte to acquire resident shares via a public issue.
Buoyed by the proposed public offerings in six companies, including Oil and Natural Gas Corp and Gas Authority of India Ltd, the government on Tuesday set an ambitious target of mobilising Rs 16,000 crore
The presentation of the Interim Budget (General) for 2004-05 was delayed in the Lok Sabha on Tuesday after Congress and other Opposition parties raised certain objections to its introduction.
Finance Minister Jaswant Singh has cleared 38 foreign direct investment proposals worth Rs 121.46 crore (Rs 1,214.6 million), including those of the United States-based Nalco Chemicals and French company FCI.
Manufacturers Association of Information Technology on Tuesday demanded that excise duty should be halved to eight per cent to provide necessary tax incentive to the languishing sector.
Late 'big bull' Harshad Mehta, largest car maker Maruti and liquor major Shaw Wallace are among top 20 corporate and individual income tax defaulters, Lok Sabha was informed on Friday.
The government on Monday decided to scrap the tenders for privatisation of Delhi and Mumbai airports, and invite fresh bids within a fortnight, highly placed sources said.
Finance Minister Jaswant Singh on Tuesday approved 23 foreign direct investment proposals involving Rs 40.76 crore (Rs 407.6 million) including that of US-based Pitney Bowes to set up a wholly-owned subsidiary in India.
The government on Monday cleared 18 foreign direct investment proposals involving Rs 118.93 crore including Standard Chartered Private Equity's plan to pick up 14.35 per cent stake in NDTV for Rs 52.88 crore.
