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Arun Jaitley
GST rate on polluting items may be higher, Jaitley says
Fri, Oct 14, 2016
"The USD 100-billion number has been talked about for the past 10 years and there is very little pressure from the domestic constituencies in the advanced economy countries, including the media. This is part of a grand bargain and if you keep on undermining this, I think people will walk away from the table at some point," Patel said.
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WPI Inflation rises lower than estimates, at 3.57% in September
Fri, Oct 14, 2016
Wholesale Price Index (WPI) Inflation rose by 3.57% in September 2016 as against an estimate of 3.90%. Government data show that wholesale inflation in primary articles fell 1.9% from August 2016 whereas food inflation fell 1.6% from August 2016 data.
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India may seek over Rs 49,000 crore in extra spending to spur growth
Fri, Oct 14, 2016
India may seek parliamentary approval to spend about $7.5 billion (nearly Rs 49,895.63 crore) more on roads, railways and other public programmes over the next five months, two government sources said, as Prime Minister Narendra Modi looks to spur growth and create jobs.
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Domestic reforms to cushion India from global shocks: FM Jaitley
Thu, Oct 13, 2016
"Over the last two-and-a-half years most of the sectors have been reviewed and we now have probably the most open FDI policy in the world with 90 per cent of FDI coming in through the automatic route," he said.
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SBI says 'consistently' passed on RBI's rate cut to borrowers
Mon, Oct 10, 2016
"Of the 175 bps (1.75 per cent) cut that the Reserve Bank (RBI) has done, we as a bank have passed on 95 bps (0.95 per cent). More will get passed on in the near term rather than in the longer term," Bhattacharya said in an interview to CNBC TV18.
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Finance Ministry begins separating public debt management from RBI
Wed, Oct 05, 2016
"This interim arrangement will allow separation of debt management functions of RBI to PDMA in a gradual and seamless manner, without causing market disruptions. The PDMC shall be upgraded to a statutory PDMA, in about 2 years," it said.
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Black Money: Public meets, social media, Nukkad Nataks behind IDS success
Sun, Oct 02, 2016
Over 5,500 public meetings, social media campaign on Talkathons and Nukkad Nataks along with threat of prosecution prompted over 64,000 blackmoney holders to declare unaccounted wealth under four-month disclosure window that would make the exchequer richer by over Rs 29,000 crore.
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