Arun Jaitley promises global investors 'fairest, predictable' tax regime

Last Updated: Monday, September 14, 2015, 17:16

Finance Minister Arun Jaitley Monday assured global investors of the "fairest and predictable taxation regime" as he invited them to invest in various sectors, including infrastructure, manufacturing and defence.

GDP growth to exceed 7.5% this fiscal: Govt

Last Updated: Monday, September 14, 2015, 14:56

The Indian economy expanded by 7 per cent in the first quarter (April-June) of current fiscal. In last fiscal, the GDP growth was 7.3 per cent.

India prepared to deal with US interest rate hike: FinMin

Last Updated: Monday, September 14, 2015, 13:18

"The government and RBI, we are prepared for all eventualities, as and when the situation emerges. I am confident we will be able to deal with it," Economic Affairs Secretary Shaktikanta Das said at an ICRIER event here.

FM Jaitley exhorts US companies to invest more in infrastructure sector

Last Updated: Monday, September 14, 2015, 11:55

Jaitley was addressing the 11th Indo-US Economic Summit, which among others was attended by the US Ambassador to India, Richard Verma.

Our objective is to build on Indo-US bilateral relation: FM Jaitley

Last Updated: Monday, September 14, 2015, 10:45

Both India and US have ambition to increase bilateral trade from existing $100 bn to $500 bn in next few years, Jaitley said.

Jayant Sinha pitches for lower rates, making exports more competitive

Last Updated: Sunday, September 13, 2015, 13:16

He also stressed on the need to make the Indian exports more competitive by bringing down the cost of capital as also the cost of manufacturing.

State FMs to meet on Sep 15 to finalise model GST legislations

Last Updated: Sunday, September 13, 2015, 12:04

"The September 15 meeting of the Empowered Committee will discuss the model draft legislations that will be needed for implementing GST," an official said.

LIC Housing Finance looks at securitisation of Rs 5,000 crore loan

Last Updated: Saturday, September 12, 2015, 15:48

Simply put securitisation of loan is selling the loan portfolio to a buyer for a consideration. The loan book that thus sold will not figure in the balance sheet of the seller.

Manufacturing emerging as leader of industrial growth: FinMin

Last Updated: Friday, September 11, 2015, 22:53

With July factory output data showing significant uptick year-on-year, the Finance Ministry Friday said the manufacturing sector is slowly emerging as a leader of the industrial growth and the economy is improving steadily.

Food production will be higher this year: FM Jaitley

Last Updated: Friday, September 11, 2015, 16:07

Buoyed by reports of 'reasonably good sowing', Finance Minister Arun Jaitley on Friday expressed confidence that the country's food production this year would be much more than last year's despite less than normal rainfall.

GE to sell transportation finance unit to BMO

Last Updated: Friday, September 11, 2015, 09:14

US industrial conglomerate General Electric said Thursday it would sell the transportation finance unit of its GE Capital to Canada`s BMO Financial Group.

Indirect tax collections grow 36.5% to Rs 2.63 lakh crore

Last Updated: Wednesday, September 9, 2015, 19:18

Indirect tax collections rose 36.5 percent in April-August to over Rs 2.63 lakh crore, suggesting that the underlying momentum in the economy is strong, the Finance Ministry said Wednesday.