Arun Jaitley launches two tax-payer friendly initiatives<br/>

Arun Jaitley to chair FSDC meeting on November 5

The Financial Stability and Development Council (FSDC), headed by Finance Minister Arun Jaitley, will meet on November 5 to take stock of the economic situation. FSDC is a high-powered body, whose members include RBI Governor, Sebi Chairman, IRDAI Chief and heads of other regulatory bodies. Besides,...

Fiscal deficit not a cause for concern, says Arun Jaitley

Finance Minister Arun Jaitley said that there is no cause for concern on fiscal deficit and the government will meet its target for the current fiscal despite certain challenges on the disinvestment front. Speaking at India Africa Forum Submit in New Delhi, Mr Jaitley said the manner in which tax re...

Govt concerned about high prices of food items: Jayant Sinha

Union Minister of state for Finance Jayant Sinha today said that the government is concerned about high prices of food items, especially dal and is monitoring the situation very closely. Speaking at an investment summit in Mumbai today, Mr. Sinha said the long-term indicators suggest inflation is co...

India's foreign exchange reserves records a rise

India&apos;s foreign exchange reserves have recorded a rise of 458 million US Dollars to 353.527 billion dollars in the week ended 16th October. A RBI release said foreign currency assets, a major part of the overall reserves, was marginally up by 452.5 million dollars to 329.970 billion dollars...

SEBI keeping close eye on pulses, looking into role of traders: UK Sinha

Amid soaring prices of pulses, SEBI Chairman U K Sinha said the regulator is closely working with the government and is looking if the traders raided for hoarding have any connection with the commodity markets. The state governments across the country have seized more than 75,000 tonnes of pulses in...

SEBI keeping close eye on pulses, looking into role of traders: UK Sinha

Amid soaring prices of pulses, SEBI Chairman U K Sinha today said the regulator is closely working with the government and is looking if the traders raided for hoarding have any connection with the commodity markets. The state governments across the country have seized more than 75,000 tonnes of pul...

India-Africa Forum Summit to provide unique platform: Sitharaman

Commerce and Industry Minister Nirmala Sitharaman has said that the upcoming India- Africa Forum Summit would provide a unique platform for India and African countries to identify areas of cooperation and enhancing the partnership. Speaking at the 4th India- Africa Trade Ministers&apos; Meeting ...

India's foreign exchange reserves records a rise<br/>

India&apos;s foreign exchange reserves have recorded a rise of 458 million US Dollars to 353.527 billion dollars in the week ended 16th October. A RBI release said foreign currency assets, a major part of the overall reserves, was marginally up by 452.5 million dollars to 329.970 billion dollars...

Department of Heavy Industries comes out with draft national policy on capital goods

The Department of Heavy Industries has come out with draft national policy on capital goods. This is the first time that such a policy is being framed after active consultation with industry associations. In an official statement, the Ministry of Heavy Industries and Public Enterprises said the poli...