Prime Minister Narendra Modi arrived in Berlin for an overnight stopover on his way to Brazil for the Brazil, Russia, India, China and South Africa (BRICS) Summit meeting that will address regional crises and security threats to restore a climate of peace while advancing global economic stability.
Prime Minister Narendra Modi leaves for Brazil on Sunday for attending the five-nation summit of BRICS nations on July 14 and 15 which is expected to finalise the setting up of a development bank and seek reforms of the United Nations and international financial organisations.
Indian Bank chairperson Ranjana Kumar, who turned around the ailing PSU bank last fiscal, is slated to take over as head of National Bank for Agriculture and Rural Development within a week.
The Congress how could the prime minister make such allegations when the defence minister had not stated this in his reply to debates on the controversy in both Rajya Sabha and Lok Sabha last week and sought to know which court was Modi quoting.
Only seven multinational companies have delisted from Indian stock exchanges between April and December last year and their market capitalisation as a proportion of total market cap on exchanges is negligible.
he government will allow holders of black money abroad to declare their wealth.
'We are making a transition from governance to campaign mode.' 'The speed of execution is picking up,' says Union Minister Jayant Sinha.
In a bid to make tax collection paperless and hassle-free, Centre will start E-refund of income tax from April, having put in place E-filing of tax deduction at source and tax information network.
The direct tax collections rose by about 23 per cent to Rs 64,230 crore (Rs 642.30 billion) in April-December 2003 mainly due to an impressive mop up from the corporate sector.
LG Electronics and Pentafour Industries are among the six companies whose premises had been raided for evasion of total central excise duty of Rs 1,159.35 crore (Rs 11,593.5 million) in 2002-03, Rajya Sabha was informed on Tuesday.
The interest rates for lending as well as on deposits should be brought down further to reduce the cost of funds for industry and consumers in the country, Union Minister of State for Finance Anandrao Adsul said on Saturday.
The government plans to prepay Rs 5,188 crore (Rs 51.88 billion) worth of high cost debts of Asian Development Bank in the current fiscal, after having prepaid Rs 6,378 crore (Rs 63.78 billion) to the World Bank a few days back.
Minister of State for Finance Shripad Naik on Thursday exuded confidence that the overall tax collection would exceed the budget target of Rs 2,41,460 crore (Rs 2,414.60 billion) this fiscal.
State Bank of India is planning a joint venture with a reputed IT company in a bid to bring its technology level at par with the private and foreign banks.
The ongoing reforms and stress on infrastructure development and fiscal consolidation would have a positive influence on GDP growth, which averaged 5.9 per cent during 1992-2003.
Govt looking for common ground on GST; hopes to pass it soon.
The overdues of Essar group as reported by ICICI, IDBI, IFCI and the RBI totaled Rs 1,039 crore, Minister of State for Finance and Company Affairs Anandrao Adsul said Tuesday.
Who's telling the truth? The government? Or the high-profile group with interests in para banking, aviation, real estate and the media?
Who's telling the truth about the Sahara India group? The government of India? Or the high-profile corporate group with interests in para banking, aviation, real estate and the media?
CBI sources said a crack team raided a place where Perumal Swamy alias Babu was accepting a bribe of Rs 400,000 from an IRS official Anurag Vardhan.
Experts will give their inputs for Budget.
Declaring demonetisation a complete failure may turn out to be hasty, argues economist Ashok K Lahiri.
'Should a leader with such an impeccable record of public life, struggles, meritorious performance and heroism in politics like Babu Jagjivan Ram be weighed on caste and not reviewed for his real worth?' asks Tarun Vijay.
Revenue collections will be on target at around Rs 2,50,000 crore (Rs 2,500 billion) this fiscal in view of the impressive direct tax mop-up, Minister of State for Finance Shripad Naik said on Friday.
The central bank may need to further ease the rates by 50-75 bps.
The MPC states that the 4 external members will have a tenure of four years each.
The imapsse continues over issues like bank scams and special status demand for Andhra Pradesh.
The opposition battled it out with the Centre over farmer issues, the suspension of 6 MPs and the privileges of MPs.
Never before in post-reforms India have Union Budgets seen a steady reduction in fiscal deficit for five consecutive years, points out A K Bhattacharya.
The panel suggested inclusion of alcohol and petroleum products in GST, as is being demanded by the Congress.
India had given a formal extradition request for Mallya as per the Extradition Treaty between India and the UK through a note verbale on February 8
Jaitley said the government had earmarked Rs 25,000 crore (Rs 250 billion) for recapitalisation.
Grains, non-mineral water might be on the list; biscuits, butter and cheese might attract GST
'The disquiet in the Sangh is, of course, over demonetisation.' 'But more than that, it is about the growing centralisation in the running of the government and party,'
The gross NPAs of some public sector banks, including State Bank of India and Punjab National Bank have crossed 4 per cent of the total assets at the end of March, 2013.
The government has taken a number of steps to stem the depreciation of rupee including moderation in demand of non-essential imports and enhancing supply of capital flows, Finance Minister P Chidambaram said.
Although as per the IMF-OECD estimates, an incremental growth of 1.8 per cent in global GDP is achievable