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
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.
Finance Minister Jaswant Singh on Saturday said the "feel-good" factor has returned and the economy was poised for a high growth riding on good monsoons, industrial recovery and buoyant capital market.\n\n
Most of the FDI proposals, cleared by Finance Minister Jaswant Singh pertained to companies in the pharma, tractors and auto sectors.
The total loans outstanding on government account to the world financial bodies and on bilateral assistance stood at $41.57 billion as on July this year, Lok Sabha was informed on Friday.
General Joginder Jaswant Singh, a hero of anti-terrorist operations, on Monday became the first Sikh officer to don the mantle of the chief of the army staff.
The government on Tuesday cleared 26 proposals envisaging foreign direct investment worth Rs 16.08 crore (Rs 160.8 million) including a Rs 5.03 crore.
Asserting that the reports regarding a run on ICICI Bank a few weeks ago was more of a panic reaction, Finance Minister Jaswant Singh on Tuesday gave a clean chit to the institution, describing it as a reputed and profit-making bank.
The government has fixed a target of 1 lakh (100,000) subscribers under the pension scheme for senior citizens through the Life Insurance Corporation, the Lok Sabha was informed on Friday.\n\n
With Star and conditional access system stirring up a hornet's nest, a three-member Group of Ministers will now give a broader look at all broadcasting issues, including uplinking, and even possibly the need to revisit the Convergence Bill.
Financial power-house JP Morgan's Rs 175 crore (Rs 1.75 billion) investment in its Indian arm was among the 44 foreign direct investment proposals worth Rs 222.19 crore (Rs 2.22 billion) cleared by the government on Tuesday.\n\n\n\n
The government on Tuesday cleared 34 foreign direct investment proposals worth Rs 617.28 crore, including Zee Telefilm's plans to issue Rs 480 crore foreign currency convertible bonds to two foreign companies.
The government on Thursday cleared the Rs 30 crore (Rs 300 million) FDI proposal of a Chinese company, Haier Electrical Appliances to set up a 100 per cent subsidiary in India.
Enthused by over 8.0 per cent growth in the last two quarters, Finance Minister Jaswant Singh on Tuesday said the economy could achieve a 'double-digit' growth in the coming years.\n\n\n\n
The much-touted launch of Dada-Dadi bonds from April 1 has been postponed by two months pending a comprehensive review of all small savings instruments by the finance ministry and the Reserve Bank of India.
In line with the relief package for tea growers announced in the Interim Budget, Commerce Minister Arun Jaitley on Friday sought a three-point package including two per cent reduction in interest rate on Special Coffee Term Loans.
Painting a rosy picture of the Indian economy, which has posted a phenomenal 8.9 per cent growth in the third quarter of 2003-04, Union Finance Minister Jaswant Singh on Friday
With the help of good management techniques and foresight, India was able to maaintain its position in the areas of petroleum, foreign exchange, inflation and industrial production, despite drought and war.
Finance Minister Jaswant Singh said on Saturday that he has approved the draft Cabinet note for amending Foreign Exchange Management Act.\n\n\n\n
Government and Securities and Exchange Board of India have taken a number of measures to further enhance the efficiency and safety of the markets and ensure investor protection, Finance Minister Jaswant Singh said in Lok Sabha on Friday.
