He said it may take up to 3 weeks for all the 2 lakh cash vending ATMs to operate normally as each one has to be calibrated individually to dispense new sized notes of Rs 2000 and Rs 500 besides lower denomination currency of Rs 100.
Noted criminal lawyer Ram Jethmalani will represent Delhi CM Arvind Kejriwal in the civil and criminal defamation suits filed against him by Finance Minister Arun Jaitley.
Amid a controversy over the recent the JNU row, the BJP said freedom of expression does not give a right to call for the country's destruction.
Jaitley, while reviewing the security situation of Jammu and Kashmir at a high level meeting, also asked the forces to deal firmly with the inimical elements but ensure safety of the innocent people, officials said.
He said that non-ideological opportunistic coalitions always get trapped within their own contradictions.
India's growth, he said, remains resilient with low inflation, fiscal prudence and low current account deficit, talking about robust structural reform measures.
The Bharatiya Janata Party on Saturday termed the communal violence bill as "the most obnoxious piece of legislation in independent India", saying had it been in place earlier, it would have resulted in punishment of the members of only the majority community over the Muzaffarnagar riots.
Arvind Kejriwal said that Arun Jaitley's claim that he holds high public character was "frivolous".
Finance Minister Arun Jaitley said that at a time when the private sector has been somewhat conservative in investments, public investment always takes the lead.
The dates of general elections in 2019 and the presentation of the final Budget of the Modi government are so far removed from each other that Jaitley is not under any pressure to present a populist Budget. Instead, he could well unveil an array of schemes and proposals that he believes are necessary for the economy, even if a few of them could be unpopular, says A K Bhattacharya.
The Congress said arrogance of the BJP has touched its zenith as it turned 'blind' to farm distress.
RBI Governor Raghuram Rajan will also participate in the meet.
In a scathing letter to Prime Minister Manmohan Singh, Bharatiya Janata Party's senior leader Arun Jaitley has made a number of allegations against Himachal Pradesh Chief Minister Virbhadra Singh.
Finance Minister Arun Jaitley on Thursday brushed aside concerns of Parliament's upcoming monsoon session being disrupted over the Lalit Modi controversy, saying some people may be relevant to TV channels but not to governance.
Bharatiya Janata Party leader Arun Jaitley on Wednesday criticised rebel leader Jaswant Singh saying he was "over reacting" to the denial of ticket to him from Barmer.
The corporate income tax breaks make up a relatively small part of $80 billion in business giveaways.
'We always say that India is our second home. We love the crowd and they give a lot of love to us.'
Jaitely's statement comes amidst the escalating tension between Indian and Pakistan.
Jaitley, the first Union minister to meet Jaya since her conviction, manages to secure the AIADMK's conditional support to the government's crucial legislations in the Rajya Sabha.
The finance minister is in Singapore for The Singapore Summit.
'Power sits lightly on Arun Jaitley's shoulders. Just because earth-shaking election results have brought his party in power, he has not gone recklessly ambitious. "Too soon, too fast" is not what he likes,' says Sheela Bhatt/Rediff.com about Budget 2014.
Though not a blockbuster budget it does not undermine the fact that key issues were addressed and the finance minister certainly did not under-deliver, says Vatsal Srivastava.
Totackle the serious challenges faced by the banking sector, the government will bring in more professional management and boards in the banks.
Jaitley said future transactions would be substantially digital as India moves towards a less-cash society
Defence Minister Arun Jaitley visited the aircraft carrier INS Viraat in Mumbai on Saturday.
Trashing Arun Jaitley's contention that government's action on snoopgate probe were illegitimate, Law Minister Kapil Sibal on Saturday said he "should go back to law" before making such statements and insisted that a judge to head the inqury will be named before May 16.
BCCI's president-in-exile Narayanswami Srinivasan is set to discuss his future course of action with Union finance minister Arun Jaitley.
A war of words broke out on Sunday between Markandeya Katju and the Bharatiya Janata Party over his article critical of Gujarat Chief Minister Narendra Modi with party leader Arun Jaitley dubbing the Press Council of India chairman as 'more Congress than the Congress' and demanding his resignation.
Dolly, who is leading from the front in Amritsar, wakes up early, plans things for her husband's campaign, oversees resources, does nukkad meetings and keeps busy -- all without getting into the limelight. Sheela Bhatt/Rediff.com's fascinating insights into the battle for Amritsar!
Senior New Delhi-based journalist R Rajagopalan, who has been closely following the Union Budget preparations since 1977, lifts the veil off India's most secretive operation.
Finance Minister Arun Jaitley who is in Davos to showcase India as an investment destination at the World Economic Forum (WEF), on Wednesday promised India has a "lot in the pipeline" for global investors even as he plans to take up with Switzerland the issue of black money stashed in banks there.
Ex-servicemen seeking changes in government's OROP scheme on Monday shifted their protest back to Jantar Mantar in New Delhi from outside Finance Minister Arun Jaitley.
Will Jaitley be successful in achieving an economic turnaround?
While about 8,000 people are in the long list of invitees, the select list features 506 A-listers, including prominent politicians, leading industrialists, top film stars, sportspersons, diplomats, judges and high priests.
It would be difficult to stick to the Budget numbers unless the departments are reined in their expenditure plans.
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Adani CEO Jeyakumar Janakraj said the Adani issue was not on the agenda of Jaitley's visit.
'Implementation of GST would lead to the growth story of India'.
A last-ditch attempt to convince disgruntled Bharatiya Janata Party leader B S Yeddyurappa, by senior leader Arun Jaitley, has failed. Jaitley, who arrived in Bengaluru late on Saturday, held talks with the former Karnataka chief minister. According to sources, Jaitley had sought to know what Yeddyurappa's conditions were to remain in the BJP.
The state of these public sector units is appalling and disinvestment or even closing some of them appears to be the only option to prevent exchequer from further bleeding.
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