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.
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.
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.
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.
Love Storiyaan comes alive in the courageous and fearless voice of six spirited romantics speaking direct dil se, applauds Sukanya Verma.
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.
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.
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.
Economic Affairs Secretary Subhash Garg is the finance ministry's primary liaison with the RBI.
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.
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.
Citizens belonging to different religions and denominations follow different property and matrimonial laws which is 'an affront to the nation's unity', the Centre had said last year in its affidavit in the Supreme Court on the Uniform Civil Code matter.
'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.
IMAGES from Premier League matches played on Saturday.
At least two persons were killed and four others injured in West Bengal's Jalpaiguri district as a mortar shell, reportedly carried by the floodwaters of Teesta river, exploded, police said on Friday.
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 Krishna-Godavari (K-G) basin may prove to be a much bigger play for Reliance Industries Ltd. This follows the announcement that its D4 block could hold twice the reserves of the in-production D6 block to the north.
On the eve of the Supreme Court hearing of his petition on age, Army Chief Gen V K Singh on Thursday met Finance Minister Pranab Mukherjee who has been informally acting as a trouble-shooter in the controversy.
PM's new vigour should revive investment - but may not return India to nine per cent growth.
Reservations expressed by the Reserve Bank of India (RBI) notwithstanding, North Block, the finance ministry headquarters, is going ahead with its plans to set up a full-fledged Debt Management Office (DMO) to manage the government debt.
While the signals of intent have already gone from North Block, the hiccups this time are coming from officials in the Finance Ministry, who had got used to a certain mindset.
A lesson we have not learnt from China is the urgent need to knit the vast country together to keep it from falling apart at the seams. While there is considerable dent in poverty, sadly, the North East remains as distant today as it always was, points out Shreekant Sambrani.
While trying to persuade North Korea to give up its provocative actions, engaging China is the first hurdle that world leaders will have to deal with, says Rajaram Panda.
The Madhya Pradesh directorate general of Hydrocarbons has granted Petroleum Exploration Licence to ADAG for exploration of CBM from Sohagpur (north) block in Shahdol district on August 11, official sources said in Bhopal on Thursday.
Amid the raging row over the controversial 2G note, three ministers on Wednesday night met Finance Minister Pranab Mukherjee at his residence to find a way out to end the political storm.
For the Stalin government to win back the confidence of voters ahead of the Lok Sabha polls, post-flooding restoration works, their speed and efficacy would be closely watched, and not just by the political Opposition, notes N Sathiya Moorthy.
In an exclusive interview with rediff.com Gopalan replies back to the critics of the Budget presented by Finance Minister Pranab Mukherjee.
'Nobody really talks about the middle of relationships or the mundane parts... (When the end comes) we think, "Wow, this is the worst time of my life. This is horrible. It's never been worse". But actually, I feel the endings are what makes us who we are.'
G20 delegates are in Mumbai, so the Maximum City has got hurriedly painted walls and makeover.
According to insiders, their lack of enthusiasm is showing on the ground. There is nothing to suggest that their enthusiasm will return in the final four phases of polling, observes N Sathiya Moorthy.
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