finance minister
Arun Jaitley meets RBI DG, IT Secretary for data localisation
The meeting was also attended by Subhash Chandra Garg, Rajiv Kumar and Ajay Prakash Sawhney.
Fuel prices regain upward trend after a relief of Rs 2.50 from Centre
Petrol rate is the highest in Mumbai and diesel rate is the highest in Chennai.
Govt determined to contain IL&FS crisis to avoid any adverse impact: Jaitley
The government earlier this week superseded the board of IL&FS.
Imposition of calamity tax with GST not advisable: CAIT
CAIT in a statement said that any move to impose calamity tax with the GST will set a wrong precedent in the country.
Northern states agree on uniform fuel rates
On the advice of Delhi, similar Excise Policy will be implemented for all the North Eastern states.
Bad debts on a decline, loan recovery picking up of PSU banks: Jaitley
After the IBC came into force, which calls for an auction of assets of loan defaulting entities, recoveries have picked up.
Jaitley asks PSU banks to take effective action against frauds, defaults
Formalisation of the economy would help India achieve sustainable growth of 8 per cent.
Centre’s might fails to stop fall in Sensex
Posts biggest fall in 6 months; NBFCs could to see pressure.
Jaitley to meet PSU banks chiefs tomorrow; to review financial performance
The finance minister will also discuss credit growth and bad loan situation.
Govt to take all measures to ensure liquidity in NBFCs: Jaitley
The minister's remarks come in the wake of stock markets witnessing sudden and stiff fall in intra-day trade on Friday.