Budget 2016-17: FinMin to start consultations from September 4

Last Updated: Wednesday, August 26, 2015, 21:43

Finance Ministry will start consultations on 2016-17 Budget with different ministries and government departments from September 4.

Jaitley drops PDMA; RBI to regulate govt bonds for now

Last Updated: Thursday, April 30, 2015, 15:10

Setting at rest the controversy with regard to regulation of government bonds for the time being, Finance Minister Arun Jaitley today dropped from the Finance Bill 2015 the proposal to set up a separate Public Debt Management Agency (PDMA), outside of the RBI's ambit.

Government withdraws proposal to set up new public debt management agency

Last Updated: Thursday, April 30, 2015, 14:15

Jaitley added that the government is in consultation with RBI to prepare a detailed road-map for setting up a separate debt management agency.

Transport allowance exemption doubled to Rs 1,600/month

Last Updated: Wednesday, April 15, 2015, 21:12

The Finance Ministry has notified the increase in transport allowance to Rs 1,600 a month from Rs 800 as announced in the Budget.

FM Arun Jaitley to address Central Board of RBI tomorrow

Last Updated: Saturday, March 21, 2015, 13:06

It is customary for the Finance Minister to address the Central Board of Directors of the Reserve Bank of India after the Union Budget.

New GDP numbers "too good to be realistic": CEOs' survey

Last Updated: Sunday, March 8, 2015, 12:11

Cautioning against being "too optimistic" about economy as yet, industry body Assocham today said a large majority of CEOs and CFOs find the revised GDP data of over 7 per cent growth as "too good to be realistic".

Foreign inflows into Indian markets: Over Rs 1,000 cr a day

Last Updated: Sunday, March 8, 2015, 12:08

With an average of over Rs 1,000 crore a day, the net foreign fund inflows into Indian capital markets have crossed USD 11 billion (over Rs 68,000 crore) in little over two months so far in 2015.

Activists decry slashing of budget for children

Last Updated: Monday, March 2, 2015, 19:42

Child rights activists on Monday termed the slashing of budgetary provisions for programmes and schemes related to children in the union budget as "scary".

India sets inflation target in monetary policy overhaul

Last Updated: Monday, March 2, 2015, 18:06

India has formally adopted inflation targeting, a historic monetary policy overhaul that marks a victory for Reserve Bank of India Governor Raguram Rajan, as the government makes subduing chronically volatile prices a priority.

Budget to create enablers for Make-in-India focus

Last Updated: Monday, March 2, 2015, 17:47

This year's Union budget contains policy directions which are favourbale for the Centre's Make-In-India initiave.

RBI may cut interest rates as early as this week: Analysts

Last Updated: Monday, March 2, 2015, 16:30

The Reserve Bank may cut key interest rates as early as this week, as the fiscal measures announced in the Union Budget are unlikely to disturb the "disinflation" trend, say analysts.