New Delhi: Finance Minister Arun Jaitley on Sunday pitched for an interest rate cut, expressing confidence that the Reserve Bank of India (RBI) will move in the direction of making the cost of capital reasonable to help perk up economy. "The cost of the capital must be reasonable. If you are unable to infuse liquidity
New Delhi: Kiran Bedi, the BJP's Chief Ministerial candidate, has lost her constituency in East Delhi - one of the many casualties strewn across the capital in a battle won phenomenally by Arvind Kejriwal and his Aam Aadmi Party (AAP). "I have not lost, the BJP has lost. I gave it my best. BJP is
New Delhi: NDA Government plans to spend 2.46 trillion rupees (USD 40 billion) on the defence sector in 2015/16, Finance Minister Arun Jaitley said on Saturday, when presenting the government's full-year budget. 'Allocation for Defence for next financial year will be Rs 2,46,727 crore against Rs 2,22,370 crore in the current year,'' Jaitley said in
Congress pledges to replace BJP s Goods and Services Tax (GST) regime with GST 2.0 in its Lok Sabha elections manifesto. GST 2.0 aims for a single moderate rate, alleviating burdens on the poor. The move challenges BJP s multi-rate GST introduced by former Finance Minister Arun Jaitley, asserting opposition to its impact on the impoverished.
Winter session of Parliament beginning tomorrow is expected to generate heat with government planning to push an ambitious economic agenda undeterred by resistance from a section of the Opposition. The much-delayed Insurance Bill seeking to allow more foreign capital is high on the government agenda so also the Goods and Service Tax Bill. The bills