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Arun Jaitley Budget 2018 Latest News
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  • Nirmala to launch TIES scheme for export infra today Mar 15, 2017 08:24 AM IST

    Nirmala to launch TIES scheme for export infra today

    The Trade Infrastructure for Export Scheme (TIES) would primarily focus on projects like customs checkpoints, cold storages at ports and last mile connectivity, an official said.

  • Arun Jaitley holds meetings with UK investors Feb 28, 2017 08:14 PM IST

    Arun Jaitley holds meetings with UK investors

    Union Finance Minister Arun Jaitley today held a series of meetings with UK investors as he projected India as one of the bright spots for investments amid global economic slowdown.

  • States on board for July 1 GST roll out: Shaktikanta Das Feb 28, 2017 01:41 PM IST

    States on board for July 1 GST roll out: Shaktikanta Das

    The much-awaited Goods and Services Tax (GST) is all set to be implemented by the stated deadline of July 1 as all states have agreed, reports CNBC-TV18 quoting Economic Affairs Secretary Shaktikanta Das.

  • Jaitley opens London Stock Exchange in special ceremony Feb 28, 2017 09:10 AM IST

    Jaitley opens London Stock Exchange in special ceremony

    Following the market open ceremony, Nikhil Rathi, CEO, London Stock Exchange (LSE) plc, hosted a roundtable event with Jaitley, delegates from the Federation of Indian Chambers of Commerce & Industry (FICCI), fin-tech companies and leading investors.

  • US oil ticks up for 2nd day on record OPEC output cut compliance Feb 28, 2017 08:23 AM IST

    US oil ticks up for 2nd day on record OPEC output cut compliance

    OPEC has so far surprised the market by showing record compliance with oil-output curbs and could do so further in coming months as the biggest laggards - the United Arab Emirates and Iraq - pledge to catch up quickly with their targets.

  • Indian students help subsidise education costs for UK: Jaitley Feb 28, 2017 07:50 AM IST

    Indian students help subsidise education costs for UK: Jaitley

    Referring to a major drop in students coming to study at the UK universities over the last few years, he highlighted that there were other countries that were more welcoming.

  • India takes issue of defaulters very seriously: Arun Jaitley Feb 28, 2017 07:50 AM IST

    India takes issue of defaulters very seriously: Arun Jaitley

    "Certainly, when the opportunity does come, I do take that opportunity to mention it (issue of defaulters based in Britain) to my counterparts here," he told reporters here when asked if the issue of defaulters based in the UK will feature on the agenda of his discussions with British ministers.

  • India can grow at higher rate; job creation plans underway: FM Feb 27, 2017 08:12 PM IST

    India can grow at higher rate; job creation plans underway: FM

    India has potential to grow faster and plans are underway to reduce poverty and create jobs in rural areas, Finance Minister Arun Jaitley said today, even as he ruled out the country becoming totally 'cashless' immediately.

  • ONGC may have to shell out at least Rs 44,000 cr  for HPCL deal Feb 27, 2017 05:23 PM IST

    ONGC may have to shell out at least Rs 44,000 cr for HPCL deal

    The cash outgo will go towards acquiring the government holding as well as buying an additional 26 percent stake in HPCL via an open offer.

  • COMMENT: An ONGC-HPCL merger would give India heft in global M&A scene Feb 27, 2017 04:40 PM IST

    COMMENT: An ONGC-HPCL merger would give India heft in global M&A scene

    Jaitley, in his Budget speech, had spoken of creating ‘oil majors‘ which would be able to match the performance of international and domestic private sector oil and gas companies.

  • World Bank CEO to inspect Mumbai suburban rail system Feb 27, 2017 04:04 PM IST

    World Bank CEO to inspect Mumbai suburban rail system

    During her first official visit to the country, Georgieva will meet with senior leaders at a time when India's economic growth is "one of the bright spots" in the global economy, the World Bank said in a statement.

  • ONGC may acquire HPCL in deal worth around $6.6 billion Feb 27, 2017 03:30 PM IST

    ONGC may acquire HPCL in deal worth around $6.6 billion

    ONGC may buy all of the government's 51.11 percent stake in Hindustan Petroleum Corporation Ltd (HPCL) and follow it up with an open offer to acquire additional 26 percent from other shareholders of HPCL. The deal for the 77.11 percent stake would be worth Rs 44,000 crore or roughly around USD 6.6 billion at current market prices.

  • ONGC may take control of HPCL to create mega oilco: Report Feb 27, 2017 10:00 AM IST

    ONGC may take control of HPCL to create mega oilco: Report

    India plans to create a giant oil company by combining state-owned firms, finance minister Arun Jaitley said in the budget speech earlier this month as the world's third largest oil consumer looks to better compete with global majors in acquiring foreign assets.

  • Was Jaitely leading 'Alliance of Subversion' in DU: Chidambaram Feb 27, 2017 07:50 AM IST

    Was Jaitely leading 'Alliance of Subversion' in DU: Chidambaram

    "When Mr Jaitley was President of DUSU in 1975, was he heading an 'Alliance of Subversion'?" the former Finance and Home Minister in the UPA government twitted.

  • Nepal to organise international investment summit on March 2-3 Feb 26, 2017 06:08 PM IST

    Nepal to organise international investment summit on March 2-3

    A number of Indian and Chinese companies will participate in an international summit in Nepal next week that aims to position the landlocked country as an attractive investment hub.

  • FPIs net inflow at Rs 14,600 cr in February Feb 26, 2017 12:52 PM IST

    FPIs net inflow at Rs 14,600 cr in February

    Overseas investors have pumped in over Rs 14,600 crore into the Indian capital markets this month so far, enthused by clarity on FPI taxation.

  • Democracy liberal enough in UK for defaulters to stay: Jaitley Feb 26, 2017 12:42 PM IST

    Democracy liberal enough in UK for defaulters to stay: Jaitley

    Finance Minister Arun Jaitley today said democracy is liberal enough in the UK to permit defaulters to stay here and that "normal" needs to be cracked, in an apparent reference to liquor baron Vijay Mallya, who is wanted in India for loan default and other cases.

  • Demonetisation process is almost complete: Jaitley Feb 26, 2017 12:38 PM IST

    Demonetisation process is almost complete: Jaitley

    Finance Minister Arun Jaitley today said the demonetisation process is almost complete, hailing it as the "smoothest possible replacement" of high denomination currency anywhere in the world.

  • We are IPO-ready; need 6-8 mnths for spade work: New India Feb 25, 2017 12:53 PM IST

    We are IPO-ready; need 6-8 mnths for spade work: New India

    In his Budget speech this year, Finance Minister Arun Jaitley had announced that the government is keen on listing the public sector general companies. As planned, the insurance companies have kick-started their preparations for a Dalal Street debut.

  • FinMin to finalise capital infusion of Rs 8,000cr within 15 days Feb 23, 2017 09:04 AM IST

    FinMin to finalise capital infusion of Rs 8,000cr within 15 days

    The second round of capital infusion is almost ready and in the next few days it should go to Finance Minister Arun Jaitley for approval, sources said.

  • No plans to introduce Rs 1,000 notes: Shaktikanta Das Feb 22, 2017 11:58 AM IST

    No plans to introduce Rs 1,000 notes: Shaktikanta Das

    Last week, Finance Minister Arun Jaitley said the remonetisation situation with regard to replenishing the scrapped currency is "almost normal" now and the Reserve Bank is monitoring the supply on a daily basis.

  • Indian energy giant: Report says ONGC may take over HPCL or BPCL Feb 22, 2017 10:28 AM IST

    Indian energy giant: Report says ONGC may take over HPCL or BPCL

    The government is a majority stakeholder in both, HPCL and BPCL, holding a stake of 51.1 percent in HPCL and 54.9 percent in BPCL. ONGC is unlikely to take over both entities for a mega public sector oil firm.

  • Govt to soon launch schemes to promote BHIM app Feb 21, 2017 05:00 PM IST

    Govt to soon launch schemes to promote BHIM app

    The government will launch within a month two schemes -- the Referral Bonus Scheme for individuals and Cash-back Scheme for merchants -- to promote the indigenous digital payments app BHIM.

  • Until bad loans are sorted, consolidation in PSBs will take time Feb 21, 2017 04:56 PM IST

    Until bad loans are sorted, consolidation in PSBs will take time

    Even as the government has approved State Bank of India‘s (SBI) merger with its five subsidiaries, further consolidation in the public sector banking space could be delayed.

  • Video Checking Feb 21, 2017 03:19 PM IST

    Video Checking

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