BUSINESS AWAAZ

FM to hold meeting with banks to assess gold monetization scheme

Finance Ministry will hold a review meeting with banks and RBI representatives on Tuesday to assess gold monetization scheme. Launched at this month the scheme has seen a slow response. The Meeting will be chaired by Economic Affairs Secretary Shaktikanta Das and also likely to be attended by RBI Deputy Governor H R Khan. Banks … Continue reading FM to hold meeting with banks to assess gold monetization scheme

Jaitley for creating ecosystem to boost shipments to markets

 35th India International Trade Fair comes to an end  AMN  / Concerned over slowing global demand and declining exports Finance Minister Arun Jaitley Friday underlined the need for creating an ecosystem to boost shipments to the markets overseas. Speaking at the closing ceremony of 35th India International Trade Fair in New Delhi, he asked exporters … Continue reading Jaitley for creating ecosystem to boost shipments to markets

Govt to set up $1 bn pvt equity fund for renewable energy

AMN / Minister for Environment, Forests and Climate Change Prakash Javadekar has said that India is taking a leadership role in COP21 Paris and the summit will take forward the United Nations Framework Convention on Climate Change. Interacting with the Twitterati through Talkathon programme organised by Ministry of Information and Broadcasting in New Delhi today, … Continue reading Govt to set up $1 bn pvt equity fund for renewable energy

Govt gets 63,000 applications for first tranche of gold bonds

Government has received an overwhelming response from the retail investors for Sovereign Gold Bond Scheme. An official statement said, 63 thousand applications have been received for a total of 246.20 crore rupees by the banks and post offices for 917 kilos of gold. The Ministry has taken a number of decisions to improve the reach … Continue reading Govt gets 63,000 applications for first tranche of gold bonds

AITAF urges FM to introduce Tax Disputes Settlement Scheme in next Budget

ADITYA RAJ DAS / AMN NEW DELHI: In the run up to the General Budget 2016-17 the All India Tax Advocates Forum (AITAF) has urged the Finance Minister Arun Jaitley to introduce a Tax Disputes Settlement Scheme to resolve numerous tax disputes pending under the present Indirect Tax laws—both Central and State laws—before the Goods … Continue reading AITAF urges FM to introduce Tax Disputes Settlement Scheme in next Budget

Congress strongly supports GST, govt has to reach out: Rahul Gandhi

AMN / Congress vice president Rahul Gandhi today said that his party strongly supports GST legislation, but government should reach out to the Opposition and address key issues raised by his party. Spelling out the Congress’ stand on key bills during an interaction with girl students of prestigious Mount Carmel college in Bengaluru, Mr. Gandhi … Continue reading Congress strongly supports GST, govt has to reach out: Rahul Gandhi

Cong’s suggestions not in larger interest of GST structure: Jaitley

AMN / Union Finance Minister Arun Jaitley has said Government is willing to reach out to the Congress-led opposition parties on the Goods and Services Tax (GST) Bill. Speaking at annual meet of an industry chamber in New Delhi yesterday, Mr. Jaitley, emphasised that some of the suggestions made by the Congress were not in … Continue reading Cong’s suggestions not in larger interest of GST structure: Jaitley

ISIS poses new danger to civilization: Arun Jaitley

AMN / Finance Minister Arun Jaitley has said, the impact of activities of the terror group ISIS cannot be understated on global economy. Addressing annual event of ASSOCHAM in New Delhi today, Mr. Jaitley said that ISIS has posed a new danger to the civilization. He said the government is trying to to put firewalls … Continue reading ISIS poses new danger to civilization: Arun Jaitley

India-Singapore sign 10 agreements on mutual co-operation

AMN / India and Singapore have signed 10 agreements on mutual co-operation. These include Defence, Civil Aviation, National Planning and cyber Security. The Prime Minister’s Singapore visit reports that both Prime Ministers were present on the occasion. Prime Minister Narendra Modi is expected to meet Singapore business Chiefs later in the day and hardsell India’s … Continue reading India-Singapore sign 10 agreements on mutual co-operation

FM to review performance of public sector banks

AMN / Finance Minister Arun Jaitley will review the performance of public sector banks in a meeting tomorrow in New Delhi. The major thrust areas of review will be priority sector lending, quarter-2 results, Pradhan Mantri Mudra Yojana and insurance and pension schemes. During the meeting, Ministry of Micro, Small and Medium Entreprises will discuss … Continue reading FM to review performance of public sector banks

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