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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.

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.

Government retreats on parliament plan for GST

Last Updated: Wednesday, September 9, 2015, 14:44

The government has given up plans to reconvene a parliament session to secure approval for a common goods and services tax (GST) because of lack of political support, Finance Minister Arun Jaitley said on Wednesday, making it harder to meet an April 2016 deadline to implement the reform.

Govt won't go soft on pursuit of black money: Arun Jaitley

Last Updated: Wednesday, September 9, 2015, 13:06

Refusing to relent on the pursuit of black money, Finance Minister Arun Jaitley on Wednesday said the government will not "go soft" on bringing unaccounted wealth back into the formal system.

List of tax exemptions to be phased out in few days: Arun Jaitley

Last Updated: Wednesday, September 9, 2015, 11:49

The minister also said measures to protect domestic steel sector from dumping by overseas manufacturers are being examined.

Real economy will dictate Indian markets, not Yuan devaluation or Fed rate hike: Arun Jaitley

Last Updated: Sunday, September 6, 2015, 15:04

Factors like the Chinese devaluation of yuan and the US Fed's likely interest rate hike are "transient" and it will be only the real economy that will dictate the currency rate fluctuations and markets in India, says Finance Minister Arun Jaitley.

China emphasizes stability at G20, fiscal spending quickens

Last Updated: Sunday, September 6, 2015, 09:56

China is headed for its slowest economic expansion in 25 years in 2015 and mainland markets have slumped 40 percent since mid-June, sending global financial markets skittering.

Hope RBI takes note of low inflation, oil prices: FM Jaitley

Last Updated: Monday, August 31, 2015, 13:23

In a scenario where inflation is under control, the quantum of interest rate cut is "the prerogative of the RBI", he said.

Global turbulence behind market crash, impact temporary: Arun Jaitley

Last Updated: Monday, August 24, 2015, 15:19

Attributing the stock market crash to global turbulence, Arun Jaitley aid the government and RBI were watching the situation and hoped that things will stabilise once the transient impact is over.

Economy is in revival stage: Arun Jaitley

Last Updated: Monday, August 24, 2015, 13:42

“We are facing many global problems ,but we need to go with full determination on the roadmap laid as we know our strength,” Jaitley said.

Bandhan Bank to fund SMEs, create jobs: FM Jaitley

Last Updated: Sunday, August 23, 2015, 15:10

The company, which started operations as a micro finance institution, got final approval from RBI in June to launch commercial banking operations.