Arun Jaitley enters his toughest quarter in years
Even as the rest of the world welcomes the new year with celebrations, Prime Minister Narendra Modis men behind fiscal maths, led by trusted friend Arun Jaitley (pictured), probably enter what will be North Blocks toughest quarter in years.. With.
Now, India celebrates with fine wines
He lamented that there is no central level wine policy in the country although in the US and other countries, as also in Europe, there are exclusive wine universities imparting education, besides spirited wine and business policies promoting the industry.
Union Budget 2014-15 ��� Major Highlights - TaxGuru
While making his maiden Budget Speech in Parliament today, the Union Finance Minister Shri Arun Jaitley said that India has a strong urge to grow and free itself from the curse of poverty. The people are in.. To give necessary impetus to the manufacturing sector, the eBiz platform aims to create a business and investor friendly ecosystem in India by making all business and investment related clearances and compliances available on a 24��7 single portal. A National��.
Public sector bank autonomy: Only lip service so far
But one example shows how much autonomy this government is really willing to give to the banks: Bank chairpersons and executive directors were asked to travel in a luxury bus from Mumbai to Pune for the retreat, particularly those based in Mumbai.
9 Of 10 private sector retirees have no pensions, health insurance
Only 8% of employees who retire from the private sector in India are covered by pensions while the remaining 92% have no income security or health insurance, according to a recent report released by Crisil, a ratings agency. Fiscally, the report adds.
Highlights of the Union Budget 2014-15 | MxM India
The Finance Minister Mr Jaitley said that the Government intends to usher in a policy regime that would bring the desired growth, lower inflation, sustained level of external sector balance and prudent policy stance. The Finance.. To give a boost to agriculture, two institutions on the pattern of Indian Agricultural Research Institute, Pusa, will be established in Assam and Jharkhand.. Rs. 1,000 crore have been allocated for implementing One Rank One Pension policy.
LAND ACQUISITION LAW MAY BE EASED FOR PPP.
(Source: Business Standard, November 5, 2014). JAITLEY EXPECTS. NEW DELHI: Indian companies will spend close to Rs 14,000 crore on corporate social responsibility activity (CSR) in FY 15 and the amount will increase in the years ahead, finance minister Arun Jaitley said on Tuesday. Under the new Companies. CSR alone in its very first year is going to contribute about Rs 14,000 crore into the (social) sector and thats reasonably a large amount of money. This is going to��.
Sony probed India business for corruption, emails show
The probes, which havent been reported on before, put a spotlight on business practices at one of Sonys key markets. The company generates more revenue from TV programming in India, with an audience twice the size of the US population, than in any .
Indian Budget: Live Blog
Initial gains in the stock prices of jewelry retailers including P C Jeweler Ltd., Gitanjali Gems Ltd. and Titan Company Ltd. were erased as Finance Minister Arun Jaitley stayed away from reducing the import taxes on gold. Indias trade. Mr. Modi.
Andy Mukherjee: Restoring federal balance
The upcoming Budget gives Finance Minister Arun Jaitley a chance to let states boost spending even as the federal government turns more austere.. Many of Indias 29 states are large emerging markets in themselves: Uttar Pradesh has more people than.
finance minister arun jaitley gains opposition support for.
Jaitley attended the Mamata Banerjee organised business summit in Kolkata and met AIADMK chief J Jayalalithaa to shore up support, at least for these two legislations... However, the unions are not expecting a big jump in the offer. The IBA. Bengaluru: Despite healthy growth of 18 per cent in net interest income, city-based private sector lender ING Vysya Bank has reported 13 per cent decline in net profit at Rs 146 crore for the quarter ended December 31, 2014,��.
BUDGET 2014: What is in it for you? - Moneylife
Jaitleys direct tax proposals are bound to bring some relief to millions of salaried employees who will gain from an increase in the income tax exemption limits to Rs2.5 lakh, while the limit under Section 80C has also been increased to Rs1.5. Health Insurance: CGHS Covers Bariatric Surgery.. Investment linked deduction extended to two new sectors, namely, slurry pipelines for the transportation of iron ore, and semi-conductor wafer fabrication manufacturing units.
Abheek Barua: The Budget - back to basics
However, it would be remiss to ignore the things that will lend Arun Jaitley succour. For one thing. The increase in excise on oil products and heftier dividends from the public sector companies and the Reserve Bank of India than was budgeted in.
global glass onion: week ending July 12
Critics have long argued the program risks causing another financial bubble or excessive inflation, without giving an obvious boost to hiring. Fed officials and other supporters of the program.. with the exception of other services added jobs. As you would expect from a healthy labor market, the largest job gains predominantly came from the largest sectors with trade, transportation and utilities and professional and business services adding a combined 139,000 jobs.
stressed banks may not pass on benefit to companies under.
We have reduced our base rate to 10 per cent, effective from February 1,��� P Srinivas, managing director and chief executive officer of UBI, told Business Standard. Most bankers had. Minister Arun Jaitley expressed concern over the credit growth, down year-on-year to 10 per cent, with public sector banks recording a growth of 7.9 per cent. Deposit growth is.. ���The credit environment still remains benign and we havent seen any large credit borrowings. But we have��.
Indian Budget 2015: As It Happened - India Real Time - WSJ
Welcome to The Wall Street Journals live blog of the Indian budget. Will Prime Minister Narendra Modis government push for a sweeping economic overhaul, or will it stick to incremental measures as it seeks to boost growth?
Jaitley give big boost to life, health and pension sectors
Union Finance Minister Arun Jaitley Saturday gave a big fillip to the insurance, pension sectors by proposing to net large masses of people under the proposed insurance and pension schemes. Presenting the budget for 2015-16, Jaitley said: Encouraged.
That kiss to the stands for Anushka was intentional: Virat Kohli
I like wearing big frame sunglasses. Few of them are from Oakley. Thats the one thing I really like to wear every time I dress up. Who do you look up to for business advice? Well, my management. them for those things. Plus, my brother gives a lot.
Banking and Financial Awareness for Bank Exams | Latest.
Giving a big boost to Pradhan Mantri Jan-Dhan Yojana (PMJDY), the RBI said bank overdrafts of up to Rs 5,000 in accounts opened under this financial inclusion mission will be treated as priority sector lending. ���Overdrafts. The cost of environmental damage associated with ecosystem degradation and biodiversity loss is about Rs 6.7 billion (Rs 670 crore) annually, while the cost of health effects due to poor environment is estimated at Rs 6.2 billion (Rs 620 crore).
NaMos six month report card: From economic reform to Swachh Bharat, the.
The social sector has received attention but it will require vast infrastructural changes to transform the quality of life as promised by Prime Minister Modi in the run up to the elections. Even as the Chief Minister of Gujarat, one of the main.
17 Incredible Ways In Which Modi Sarkar Has Changed India
More than 75 million accounts have been opened so far under the scheme that envisages at least one basic banking account in every household that will also give credit, insurance and pension facility to the account holders... From selling stake in ailing public sector companies to increasing limits on FDI in other sectors and bringing in much-needed laws that ease common mans life, Narendra Modis government is keen to transform the face of the country after��.
Full text: Finance Minister Arun Jaitleys maiden Budget.
Finance Minister Arun Jaitley on Thursday presented his maiden national budget for the government. he expressed concerns over economic slowdown while promising steps to ensure a course correction with bold. As Finance Minister I am duty bound to usher in a policy regime that will result in the desired macro-economic outcome of higher growth, lower inflation, sustained level of external sector balance and a prudent policy... Varishtha Pension Bima Yojana.
EPFO to launch digital life certificates for pensioners
The idea is to replicate the digital life certificate programme launched by Modi last month. This will allow EPFO pensioners to give a digital certificate through mobile phones instead of submitting a physical application by coming to bank every year.
Current Affairs Topiclist: 2015 February Week3 (15-22)
Part of soft-diplomacy, our Health ministry offered expertise to Afghanistan and Pakistan to combat Polio. Afghans said yes yes, but Pak. Yet to respond, although they too began giving firearms training to teachers doing��.
BANKING - Disciplinary and Transparency Forum ��� India
25 Feb, 2015. MUMBAI: Giving a big boost to Pradhan Mantri Jan-Dhan Yojana (PMJDY), the RBI today said bank overdrafts of up to Rs 5,000 in accounts opened under this financial inclusion mission will be treated as priority sector lending.. VADODARA: Days ahead of a proposed strike by PSU banks employee unions, a top union leader on Saturday sought the intervention of Finance Minister Arun Jaitley to resolve the over two-year-old wage hike issue. ��� Bank employees to go��.
Prime Ministers Inaugural Address at Economic Times.
My colleague Shri Arun Jaitley ji. Shri Vineet Jain. o meeting global standards drives prosperity. This will give a thrust to infrastructure and manufacturing, while protecting the compensation to farmers. Eighth. For instance, I recently assured Public Sector Banks they will have total autonomy in taking business decisions, without any interference from Government on loans and their operations. We need to. And of course, it has a huge impact on health. After all��.
Government schools: Indias real image of education
It was reflected that this is a much needed act boost to the countrys education sector. But, big question. It shows that the absence of basic amenities in these schools adversely affects the quality and standard of education, which results initially in large number of children absenteeism and thereafter large number of dropouts. This is.. ARUN JAITLEY GIVES FINAL TOUCHES TO BUDGET. WHY SHOULD PENSIONERS HAVE TO GIVE PROOF OF LIFE ASKS MODI.
Readers Speak: Does the Union Budget 2015 Fulfil Expectations?
The first full-fledged year Union Budget of the Modi government is out. Finance Minister Arun Jaitley did a fairly good job at strategically presenting a pro-growth, pro-poor, pro-youth budget that takes the tax exemption limit upto 4.4 lakhs and.
Nandan Nilekani now logs in to boost primary education
Instead of getting embroiled in factionalized party politics, Nilekani seems to have decided to opt out of it altogether and focus his energies on the underserved education sector.. With his massive credibility, talent and passion, Nandan will.
Chinese partner to dress up Vimal
Reliance Industries Ltd (RIL), Indias largest private sector company, on Tuesday said it had entered into a definitive agreement for a joint venture in business with Chinas Shandong Ruyi Science and Technology Group (Ruyi). According to the.
INDIA INC MAKES A BEELINE TO RAISE BONDS AS.
FM FOR BIG AGRI-INVESTMENT TO MEET FUTURE FOOD NEEDS. New Delhi: Finance Minister Arun Jaitley on Friday said there is a need for long term investment in agriculture for meeting future food demands of the country. He asked the. The revised debt service coverage ratio should also be acceptable to the lenders, RBI added. http://www.business-standard.com/article/companies/rbi-gives-more-flexibility-to-nbfcs-to-restructure-loan-115011601038_1.html.
Ordinance Raj signals the rot in democracy
Having failed to get Rajya Sabha approval for bills on auctioning coal blocks and raising foreign investment in insurance to 49% of equity, the government has is sued ordinances to give both the force of law. Finance minister Jaitley says this should.