The UN Security Council on Wednesday failed to adopt a Brazil-led draft resolution that would have called for humanitarian pauses in the ongoing Israel-Hamas conflict to allow full access for aid to the Gaza strip after the US vetoed the text.
Goyal is expected to discuss the targets for the banks for 2019-20, as well as priority sector lending, recovery on non-performing assets, and the bankruptcy proceedings of various companies, which owe money to the banks.
The RBI's strategy to feed dollars to oil marketing companies directly from its dwindling reserves is not sustainable
Mukherjee has always been obliging to mediapersons waiting for comments outside his North Block office on various issues plaguing the economy and sometimes on politics.
A large number of women activists and students on Friday marched towards Rashtrapati Bhavan to protest against the gang-rape of a young girl in a moving bus and demand stringent action against rapists.
The distance between North Block and Mint Road has been growing for quite some time. The latest evidence of tension is the finance ministry's decision to introduce a clause in the Banking Amendment Bill allowing banks to trade in commodity futures, despite the central bank's reservations on the issue.
Kumar Mangalam Birla on Friday says he hasn't done any wrong and is not worried about CBI case against him in coal block allocation.
This is not her first stint in North Block or in leading a major economic ministry. She started Prime Minister Narendra Modi's first term as minister of state for finance, was made the commerce minister, and then became the defence minister.
Rajan has shifted from the conventional ground floor room occupied by CEAs to a room on the first floor, adjacent to Chidambaram's office.
Luis Garcia fired in a stunning header in the second-half to help Atletico de Kolkata end their four-match winless run by registering a 1-0 win over NorthEast United FC in their return leg ISL fixture at the Vivekananda Yuva Bharati Krirangan in Kolkata.
According to the report, Indian economy is headed for a "perfect storm" worse than 1991 because government's cashflow by March 2013 is threatening to be Rs 110,000 crore (Rs 1,100 billion) more in the red than the expected Rs 500,000 crore (Rs 5,000 billion).
Contests in 13 seats would attract most attention during the Chhattisgarh assembly elections as they feature prominent leaders of the Congress and BJP.
Insisting that Vijay Mallya was not given even "a rupee benefit" under the Modi government, Finance Minister Arun Jaitley on Thursday said that loans were reportedly given to the businessman during the previous United Progressive Alliance rule through intervention of the North Block, a reference to the finance ministry.
The Aam Aadmi Party, led by Chief Minister Arvind Kejriwal, is scheduled to hold a 'dharna' outside Union Home Minister Sushilkumar Shinde's office demanding action against Delhi Police personnel for alleged dereliction of duty.
Cairn Energy has received an 18-month extension for further appraisal of the over 2,884 square km acreage of the Rajasthan block, which preliminary estimates suggested would yield between 35-70 million barrels of oil.
Besides expanding the equity base of the premier Indian carrier, a major reason for Goyal to dilute part of his shareholding in Jet from 80 per cent has been the FIPB order to bring it down to regulatory levels.
An exercise to reshuffle governors is underway in New Delhi. Decision makers have taken necessary clearance from the party leadership.
The SEC, which held a meeting on Sunday evening, went through reports of vote-tampering and violence which affected polling in many places, and passed the order, an official said.
As finance ministry officials remained glued to news flashes on the LCD screens in their rooms, others were constantly monitoring news on the web. The support staff got its share of the news feed by keeping a close watch on politicians visiting North Block, reports Vrishti Beniwal
This means only about 8000 employees will be left with the carrier over the next five years.
In the absence of the aviation policy, all decisions in aviation sector are left to the whims and fantasy of the ministry.
'If the current mood in North Block, headquarters of the finance ministry, is anything to go by, the government will now keep a closer watch on all kinds of schemes and projects undertaken by different central ministries. 'The next six months will determine which central schemes will have to be wound up and which ones will survive the axe,' says A K Bhattacharya.
Amid pressure from various quarters for an early decision on the creation of a separate state of Telangana, the government on Saturday said more consultations with various parties are needed on the contentious statehood demand and the exercise would take "some time" to end. Finance Minister Pranab Mukherjee, Health Minister Ghulam Nabi Azad and political secretary to Congress president Ahmed Patel discussed the situation in Telangana region in Andhra Pradesh.
Economic Affairs Secretary Subhash Garg is the finance ministry's primary liaison with the RBI.
The Union Home Ministry in North Block in New Delhi plans to install a surveillance system. With the introduction of biometric tracing system, every move the employee makes can be tacked.
Mr Chidambaram is known for his ability to think up new taxes to collect more revenue, and a tax for the super-rich could be one of those ideas he might introduce in the coming Budget.
A firing incident was reported in the Tis Hazari court premises in New Delhi on Wednesday, the police said, adding that two groups of lawyers were allegedly involved in opening fire.
Pranab Mukherjee, who resigned as the Finance Minister on Tuesday to contest for the post of President as a Congress nominee, sought to justify some of his tough and contentious decisions saying that they were taken in the interest of people.
The governor had just made an elaborate presentation in defence of the central bank's decision to not to succumb to industry's demand for rate cuts in the mid-quarter policy.
"Soon I will not be a political entity," Pranab Mukherjee remarked hours before he resigns as finance minister to contest Presidential poll, but promised to deliver his "last message" before he bids adieu.
Union Finance Minister Pranab Mukherjee has brought about a coup in North Block by bringing an Indian Foreign Service officer Venu Rajamoni as Joint Secretary to head multilateral institutions division.
'I'm pitching India for the strengths we offer, including the English language, engineers, doctors, nurses, professionals, innovative talent of startups.'
The governor had just made an elaborate presentation in defence of the central bank's decision to not to succumb to industry's demand for rate cuts in the mid-quarter policy.
During his first Union Budget in July 2014, former finance minister Arun Jaitley announced the setting up of an institution called 3P India, with an allocation of Rs 500 crore. The intention was to mainstream public-private partnerships (PPPs) in India. The plan was to bring together the capacities of the government and private sector to push PPP projects.
Preparations for Budget 2011-12 are in full swing. Intelligence Bureau sleuths in plain clothes are watching each and every movement of the team which prepares the Budget documents.
Ashok Chawla outlined the key thrust areas of Budget 2011.
The new Parliament building will be constructed close to the existing one under the Central Vista redevelopment project, and it is expected to be completed in 21 months.
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