New Delhi: Yoga guru Baba Ramdev has taken a vow to not take a political position ever in his life, and says he doesn’t harbour a dream to have a political career. “For me, politics is Rashtriya Dharam (service for the nation) because we will save ourself by saving the nation.[Read More…]
Tag: Arun Jaitley
Communal forces rising, only industrialists benefiting under Modi: Kharge
New Delhi: Congress leader in Lok Sabha Mallikarjun Kharge on Tuesday attacked the Narendra Modi government, alleging that communal forces were raising their head, weaker sections were being suppressed, the freedom of speech was being snatched and women and children were not feeling safe. Taking part in the motion of thanks[Read More…]
Creating 75 lakh jobs impossible, simultaneous polls a jumla: Chidambaram
New Delhi: Picking holes with the latest Economic Survey tabled in Parliament, former Finance Minister P. Chidambaram said on Tuesday said that the Narendra Modi government’s claim to be able to create 75 lakh jobs by March is “outrageous” as it is “simply not possible” in India’s context. The Congress leader[Read More…]
Disqualification of 20 AAP MLAs was A.K. Joti’s gift to Modi: AAP
New Delhi: The Election Commission’s (EC) decision to disqualify 20 AAP MLAs for holding the office of profit was poll panel chief A.K. Joti’s “parting gift” to Prime Minister Narendra Modi, senior AAP leader Gopal Rai said here on Saturday. “The disqualification of 20 AAP MLAs was his gift to Modi.[Read More…]
Creditors need to take haircut in resolving bankruptcy: Jaitley
Banks and creditors would need to take a “haircut” on their bad loans, even as defaulting promoters could make their businesses operational again by paying the outstanding interest on the loan, Finance Minister Arun Jaitley said on Friday. He was replying to the debate in the Lok Sabha on Friday[Read More…]
Jaitley to have pre-Budget meeting with finance sector regulators
Finance Minister Arun Jaitley will on Friday chair a pre-Budget consultation meeting with financial sector regulators, according to official sources on Thursday. Finance Ministry sources here said that Jaitley would chair the meeting of the Financial Stability and Development Council (FSDC) which is likely to discuss issues related to the[Read More…]
2G case verdict: Nationalist Congress Party hits back at Arun Jaitley
Nationalist Congress Party’s Rajya Sabha Member Majeed Memon on Friday hit out at Union Finance Minister Arun Jaitley for his comments after the verdict in the 2G spectrum case was delivered, acquitting all the accused. Questioning Jaitley’s remark that the Congress considered the verdict as “a badge of honour”, Memon[Read More…]
PM Modi, Jaitley attend Virat-Anushka’s reception in Delhi
Prime Minister Narendra Modi and Finance Minister Arun Jaitley were among the high-profile guests at the wedding reception of star cricketer Virat Kohli and Bollywood actress Anushka Sharma here on Thursday. One of the most talked about couple in India, Virat and Anushka, who got married in Tuscany, Italy, on[Read More…]
GST, World Bank rank, Moody’s upgrade major events of 2017: Finance Ministry
New Delhi: Implementing the GST, the improvement in India’s World Bank ease of doing business rankings, the sovereign rating upgrade by US agency Moody’s and bank recapitalisation all contributed to make 2017 a historic year, the Finance Ministry said on Monday. Besides, the cleansing of the financial system instrumentalised by demonetisation[Read More…]
Gujarat: Congress’ manifesto one of fiscal impossibility, says Arun Jaitley
Finance Minister Arun Jaitley on Saturday slammed the Congress party’s Gujarat poll manifesto as one of “fiscal impossibility” and its hope of winning as a “political improbability”. “Having no model of development, the Congress Party manifesto is one of fiscal impossibility,” Jaitley said. Jaitley in a Facebook post said the[Read More…]
India hopes to have world class infra in two decades: Jaitley
Expressing hope that India will be able to create “world-class infrastructure” in another 20 years, Finance Minister Arun Jaitley on Thursday said that his confidence in the timeline was based on how the country has become an “aspirational society” whose energies have been unleashed by the 1991 economic liberalisation. Delivering[Read More…]
‘Courting Politics’ a much-needed ode to nine lawyer-politicians
One is described as calm as a millpond, another as an “incredible flirt” who terms himself a “sinner with a clean conscience”; then there is a “details lawyer” and another who is “arrogant about his gumption”. What binds these four individuals, and five others, together is the fact that they[Read More…]
Jaitley in Singapore: Lists GST, note ban as major reforms
Finance Minister Arun Jaitley has urged Singaporean businesses to invest in India, highlighting the country as one of the largest FDI recipients with the government undertaking major structural reforms, including Aadhaar, GST and demonetisation. “India has become the most favourable and attractive destination for Foreign Direct Investment (FDI),” Jaitley said[Read More…]
India can be among global top 50 in ease of doing business: Jaitley
With India climbing over 30 places in just a few years in the World Bank’s “Ease of Doing Business” global rankings, getting into the league of top 50 countries is a distinct possibility over the short term, Finance Minister Arun Jaitley said on Tuesday. “We jumped over 30 places in[Read More…]
PM Modi, Jaitley have put common people into trouble: Congress on GST council meet
While speaking about the GST on Saturday, the Congress asserted that the centre always rejected their plea to revise the tax reforms. The 22nd meeting of the GST Council was held in the national capital on Friday, which was chaired by Union finance minister, Arun Jaitley, to discuss the impact[Read More…]
‘I need to speak up now’: Yashwant Sinha on Indian economy
Senior Bharatiya Janata Party (BJP) leader and former finance minister, Yashwant Sinha, has spoken out against the way his party has weakened the economy of India. According to him, many leaders in the party know that the economy is in a downward spiral, but refuse to speak up because of[Read More…]
BJP executive meet: PM Modi vows to continue fight against corruption
Prime Minister Narendra Modi on Monday vowed to continue his fight against corruption at the National Executive meeting of the Bharatiya Janata Party (BJP). In his speech, he reportedly said that his government has zero tolerance towards corruption and hailed the government for the settlement with China on the Doklam standoff.[Read More…]
Arvind Subramanian to continue as CEA for another year
Finance minister, Arun Jaitley, on Saturday extended the tenure of Chief Economic Advisor, Arvind Subramanian, for another year. His term was supposed to end in October. Subramanian took over as CEA on 16 October 2014 for a period of three years. Now, his term will end in October next year.[Read More…]
Corruption does not exist in Centre anymore: Arun Jaitley
Union finance minister, Arun Jaitley, on Thursday said corruption does not exist in the Centre anymore, while applauding its proactiveness in implementing the GST, crackdown on excessive cash transactions, benami property, shell companies and so on. “Corruption in the central government has become a thing of the past. This is[Read More…]
Govt has taken note of indications: Arun Jaitley on economic slowdown
Amid fears of an economic slowdown in India, Union finance minister, Arun Jaitley, on Wednesday said that the government has taken a note of the indications and it will take further steps if needed for the revival. He said this while announcing decisions taken during the Narendra Modi Cabinet meeting[Read More…]
Nirmala Sitharaman takes charge as Defence Minister today
Nirmala Sitharaman took over charge as defence minister of the country on Thursday in the presence of finance minister, Arun Jaitley who was present there to hand over the baton. Now, Sitharaman has becomes the first full-time female defence minister. “My first job is to ensure that interest of soldiers[Read More…]
Dharmendra Pradhan, Nirmala Sitharaman, Mukhtar Abbas Naqvi, Piyush Goyal promoted to union cabinet
Four ministers were promoted to the cabinet rank and nine new ministers took oath at the Rashtrapati Bhavan on Sunday morning following the cabinet reshuffling. The focus is now on who PM Modi will pick to be the new defence and railways ministers. Ministers from the Janata Dal United, will[Read More…]
Cash deposits of Rs 2.89 lakh crore post demonetisation under radar: I-T dept
The Central Board of Direct Taxes (CBDT) on Thursday said that cash deposits of Rs 2.89 lakh crore, deposited after demonetisation, is under the radar of the income tax department. As many as 9.72 lakh persons have deposited the stated cash in 13.33 lakh accounts, the department said. Around 14,000[Read More…]
Amidst cabinet reshuffle speculations, 8 union ministers meet BJP president Amit Shah
Eight union ministers met with BJP president, Amit Shah, on Thursday, leading to an increased speculation about an impending cabinet reshuffle. Though the ministers met with Shah possibly about the upcoming Gujarat polls, finance minister, Arun Jaitley dropped hints about a reshuffle. Jaitley even jokingly remarked that he hoped he[Read More…]
Reservation: OBC creamy layer ceiling increased from Rs 6 lakh to Rs 8 lakh pa
The central government on Wednesday increased the creamy layer ceiling for the Other Backward Classes (OBCs) from Rs 6 lakh per annum to Rs 8 lakh per annum for the central government jobs. The decision was announced by union finance minister, Arun Jaitley. The decision implies that those in the[Read More…]