Chidambaram to meet ministries' financial advisors, PM's economic council.
Under U K Sinha, Sebi became a pan-India organisation with local offices in 16 cities
The Union home ministry, from its North Block office atop the Raisina Hill in New Delhi, kept a 'constant and engaging' vigil across the country with central paramilitary forces, intelligence agencies and state police forces in toe.
Mukerjea recorded her statement under the Prevention of Money Laundering Act and said she and her husband Peter Mukerjea met Chidambaram at his office in Delhi's North Block.
The Finance Ministry may introduce a proposal in Budget 2008-09 to allow urban cooperative banks to get tax deductions up to a specified limit for the amount they set aside as provisions for bad loans.
While the situation Sitharaman finds herself in may not be that good, how does it stack up against her three immediate predecessors Pranab Mukherjee, P Chidambaram and the late Arun Jaitley?
The Reserve Bank of India may soon be given the job of both collecting and processing inflation data.
The implementation of the commodities transaction tax is likely to be delayed to the end of the year or even next year, thanks to the spiralling inflation and its political fallout.
Under this scheme, North Block may waive both interest and penalty for defaulters and an announcement to this effect is expected in Budget 2008-09 due next month, according to a senior finance ministry source.
This amount will include Rs 13,100 crore that Economic Affairs Secretary Subhash Garg has been publicly seeking from the central bank's contingency reserve fund since 2017-18 (FY18).
When the Monopolies and Restrictive Trade Practices Commission shot off notices to 14 cement producers on July 25 for allegedly colluding to raise prices, it was New Delhi's latest flank against the industry.
It is time the government cast its net wide for seeking expert advice on managing the Indian economy and formed a group to help it navigate the difficult days ahead, advises A K Bhattacharya.
The finance ministry is expected to announce the abolition of tax deducted at source (TDS) on corporate bonds in Budget 2008-09, official sources told Business Standard.
Unlike the finance ministry which takes a larger view, the commerce ministry only looks at exporters' interests.
When asked if he sees himself back in Chicago, he said, "Yeah, Chicago has been kind to me over my history".
Singh said he took stock of the situation in Haryana, Punjab and Chandigarh in the wake of violence following conviction of the Dera chief.
FPIs are currently capped at 5 per cent of the total outstanding government dated securities, and own 4.5 per cent
Union Home Secretary Anil Goswami is to preside over a meeting in the North Block on Thursday with seven secretaries to discuss about the formation of Telangana.
7/11: Home secy given evidence of Pak hand
From handling the party organisation, finalising candidates, shooting the breeze with the media to pow-wows with diplomats and liaising with the PMO -- Arun Jaitley is the BJP's chief backroom manager in this election, reports R Rajagopalan.
The big guys have access to funds overseas, and their cost of borrowing does not change at all. If anything, a tighter domestic monetary situation gives them a comparative advantage when it comes to the cost of borrowed funds.
Finance Ministry and Reserve Bank of India on Thursday sought to play down their differences in perception on interest rates.
Here are the key highlights of the Interim Budget 2019-20 presented by Finance Minister Piyush Goyal in the Lok Sabha on Friday.
The first Budget of Independent India was presented by R K Shanmukham Chetty on November 26, 1947.
Officials in North Block are wondering if a new tax will be mooted again and whether that will pertain to foreign investments.
'LIC's proposed investment will come out of what is technically called the 'policyholders funds'.' 'As the name implies, these monies belong to policyholders; that is, you, me and 25 crore others who have taken a total of 30 crore policies from LIC.' 'It is not the government's or LIC's money to play poker with,' says S Muralidharan, former managing director, BNP Paribas.
Agitating students of Film and Television Institute of India-Pune on Friday.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances