Bharatiya Janata Party leader Maneka Gandhi, who met Finance Minister Pranab Mukherjee in New Delhi on Monday, described him as an excellent candidate for the coveted post of President of India.
Mukherjee said it was not necessary for the RBI governor to consult him before the mid-quarterly review of the credit policy.
Economists want Budget to focus on infrastructure, have a clear strategy on disinvestment and state measures to boost investment climate.
Finance Minister Pranab Mukherjee on Friday said the government is considering further liberalisation of the country's foreign direct investment policy for attracting investment in the infrastructure sector.
He will pitch for American investment in Indian business opportunities.
Toughening its stand, key United Progessive Alliance constituent Trinamool Congress on Thursday said if the Congress names Finance Minister Pranab Mukherjee or Vice President Hamid Ansari as its Presidential candidate, it will "contest" the election with A P J Abdul Kalam as its nominee.
Having rejected the three names proposed by the Trinamool Congress and the Samajwadi Party combine, the Congress is expected to come out with the name of the United Progressive Alliance candidate either on Thursday or Friday.
Industrial output growth rate remained flat in April.
Corporate America has showered kudos on Finance Minister Pranab Mukherjee for his latest Budget, describing it as a 'very forward-looking confident budget'.
A new series of coins will be unveiled soon carrying the Rupee symbol, Finance Minister Pranab Mukherjee announced in the Budget.
In Kolkata, Chief Minister Mamata Banerjee let her annoyance be known.
The Mamata Banerjee government, which came to power in July last year, has been demanding special package in the form of interest moratorium.
Accepting a major demand of the cash-strapped aviation industry, the government on Tuesday said it would soon launch the process to allow foreign airlines 49 per cent stake in Indian carriers.
Finance Minister Pranab Mukherjee presented the Economic Survey for 2010-11 in the Lok Sabha.
Jewellery traders said the exemption of branded jewellery from excise duty will have a marginal effect on the traders as only few customers buy\nbranded jewellery.
Concerned over high service tax substantially raising air ticket prices, Civil Aviation Minister Ajit Singh has urged Finance Minister Pranab Mukherjee to revert to the earlier rates which were capped at Rs 100 and Rs 500 per domestic and international ticket.
Rashtriya Lok Dal chief and Civil Aviation Minister Ajit Singh on Monday described Finance Minister Pranab Mukherjee as a "qualified" candidate for the post of President but said his views on others were equally positive.
Financial performance, tax issues to be discussed on June 13 meeting.
The demand got a further clout after the economic growth in 2011-12 recorded the nine-year low growth of 6.5 per cent.
Moderating inflation and a likely reversal of tight monetary policy will boost the economic prospects during 2012, said Finance Minister Pranab Mukherjee.
Mukherjee, accompanied by Andhra Pradesh Chief Minister N Kirankumar Reddy, was in the temple for about 30 minutes. Before leaving the shrine, Mukherjee was presented with sacred laddu prasadam and holy water by temple management, temple sources told PTI
Terming decline in economic growth rate to nine-year low of 6.5 per cent in 2011-12 as "disappointing", Finance Minister Pranab Mukherjee said the government will take "necessary steps" to improve growth.
The finance ministry on Wednesday provided relief to the Rs 18,000-crore (Rs 180-billion) software industry by replacing a multi-level structure of tax deducted at source (TDS) on distributors with a single TDS. This would be deducted by the first distributor -- one who directly purchases packaged software from a developer.
Dr Manmohan Singh for President. The Congress cosies up to Mulayam Singh. Jaya Prada tries to cosy up to the BJP. All this, and more, in Dilli Gupshup....
Team Anna on Saturday clubbed Prime Minister Manmohan Singh and Finance Minister Pranab Mukherjee with 13 other cabinet ministers, whom they accused of corruption, which the Congress dismissed as "unsubstantiated averments" that need not be responded to.
Congress leaders say that part of their calculations and preparations for the Presidential poll have focused on getting the numbers without Mamata, reports Renu Mittal.
The White Paper, which was tabled by Finance Minister Pranab Mukherjee in the Lok Sabha, also did not provide government's estimate of black money, within and outside the country, though it quoted various estimates of other agencies on the issue.
Finance Minister pegs 2011-12 growth at 8.6 per cent, expects inflation to fall to 6-7 per cent by end of the financial year.
Expressing commitment to push forward economic reforms, Finance Minister Pranab Mukherjee today said the government is making efforts to build a consensus on important economic legislations, including PFRDA and foreign investment in multi-brand retail.
Describing the prevailing global situation as "complex", Finance Minister Pranab Mukherjee today attributed the sharp fall in the stock markets to uncertainty over resolving the Eurozone problems in the wake of the Greek crisis.
Expressing regret over the fact that Parliament was not functioning smoothly despite the government's best efforts, Prime Minister Manmohan Singh on Wednesday sought constructive cooperation from all parties to make the House live up to the role the founding fathers envisioned for it. "It is unfortunate that despite our best efforts, Parliament has not been running smoothly," Dr Singh said while giving the K Karunakaran Award to Finance Minister Pranab Mukherjee.
With 2014 polls in mind, FM may provide individual tax payers relief despite fiscal constraints.
The deadline set by anti-corruption crusader Anna Hazare for passing the Lokpal Bill is inching closer, but the government seems to be in no hurry. Sources in the government said that the Union Cabinet is unlikely to discuss the Lokpal Bill on Sunday.
"Because when we disrupt the House then it serves no purpose. We cannot hear. We cannot speak. Only a handful of members completely throttle the desire of a silent majority to speak," Pranab Mukherjee said, initiating the debate to commemorate the 60th anniversary of the first sitting of Parliament.
Justifying the government's austerity drive, Finance Minister Pranab Mukherjee said on Tuesday the restrictions on foreign visits and other expenses are aimed at curbing wasteful expenditure and containing fiscal deficit.
Prime Minister Manmohan Singh is expected to meet United Progressive Alliance chairperson Sonia Gandhi again on Sunday to discuss matters related to Monday's expected Cabinet reshuffle. Dr Singh had met Sonia Gandhi in this regard earlier on Saturday. Dr Singh also met Kapil Sibal, who is presently holding the telecommunications and human resources development ministerial portfolios. It is likely that he may be relieved of some responsibility in the reshuffle.
Lok Sabha passes Finance Bill; Will introduce a white paper on black money in current session: FM
Finance Minister Pranab Mukherjee, Home Minister P Chidambaram, Defence Minister AK Antony and Congress president's political secretary Ahamed Patel were present at the Congress core group meeting in which the Lokpal issue was discussed, sources said
Moving the Finance Bill, 2012 for consideration and passage in the Lok Sabha, Mukherjee halved the capital gains tax for private equity investors to 10 per cent and relaxed the norms for arrest of persons involved in violation of Customs Act.
Amid vociferous protests by the Opposition on the plight of farmers due to lack of storage for record production of foodgrains, government on Monday admitted a mismatch between procurement and storage and said efforts were on to ease pressure on godowns by encouraging exports and providing foodgrain to MNREGA workers as part of wages.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances