September 20, 2015 8:42 PM

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Finance Minister Arun Jaitley pitches for more foreign investments in India

Finance Minister Arun Jaitley today pitched for more foreign investments and said India would give better returns than many other countries. Jaitley, who is Hong Kong to meet foreign investors, assured that the government is working to expeditiously resolve tax disputes involving three overseas companies, Vodafone, Cairn and Shell.The Finance Minister noted that the government is putting special focus on improving ease of doing business. He said foreign investments can give great additional resources and the country's infrastructure sector needs huge investments.Ahead of the monetary policy review later this month, Mr Jaitley also made a strong case for a rate cut. He said monetary policy plays an important role in stimulating growth and. The Finance Minister expressed hope that RBI would appropriately act with a sense of responsibility on this front.

September 20, 2015 8:16 PM

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Finance Minister Arun Jaitley pitches for more foreign investments in India

Finance Minister Arun Jaitley today pitched for more foreign investments and said India would give better returns than many other countries. Jaitley, who is Hong Kong to meet foreign investors, assured that the government is working to expeditiously resolve tax disputes involving three overseas companies, Vodafone, Cairn and Shell.<br/><br/>The Finance Minister noted that the government is putting special focus on improving ease of doing business. He said foreign investments can give great additional resources and the country's infrastructure sector needs huge investments.<br/><br/>Ahead of the monetary policy review later this month, Mr Jaitley also made a strong case for a rate cut. He said monetary policy plays an important role in stimulating growth and. The Finance Minister expressed hope that RBI would appropriately act with a sense of responsibility on this front.

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