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Rahul Gandhi accuses Jaitley of being silent on PNB scam

Rahul Gandhi accuses Jaitley of being silent on PNB scam

Rahul Gandhi accuses Jaitley of being silent on PNB scam. Congress party president Rahul Gandhi on Monday alleged that Union Finance Minister Arun Jaitley is silent on the Punjab National Bank (PNB) fraud to save her daughter, whose law firm, according to a media report, had a brief retainership with Mehul Choksi-owned Geetanjali Gems. Gandhi

Jaitley, RBI officials to discuss banks’ bad loans

New Delhi: Finance Minister Arun Jaitley will meet with senior Reserve Bank of India (RBI) officials here on Friday to discuss the issue of banks’ non-performing assets (NPAs) or bad loans, sources said. The magnitude of the problem can be guaged from the NPA figures of state-run banks, which at the end of the current

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BJP will repeat its 2014 Lok Sabha poll feat: Jaitley

Varanasi: BJP will repeat its 2014 Lok Sabha electoral success and form a majority government in Uttar Pradesh, Union Finance Minister Arun Jaitley said tonight. Addressing the ‘Varanasi Vyapari Sammelan’ (traders meet) here, he hailed the Central government’s demonetisation policy and said the move had won the confidence of many people. “The demonetisation scheme was

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Centre will help restore normalcy in Tamil Nadu: Jaitley

New Delhi: Finance Minister Arun Jaitley on Wednesday assured opposition parties in the Rajya Sabha that the Centre will take all necessary steps to restore normalcy in cyclone-hit Tamil Nadu. “I have heard the suggestions of the members and I will take them into consideration. Whatever needs to be done immediately, I will certainly have

Jaitley asked to extend cut-off date to deposit banned notes

Washington: Describing the demonetisationmove as a “bold decision”, a global body for people of Indian-origin has asked Finance Minister Arun Jaitley to extend by six months the cut-off date for depositing the banned notes of Rs 500 and Rs 1,000 denominations. The Global Organisation of People of Indian-Origin (GOPIO) in a recent letter said it

Allocation of resources to social sector increasing: Jaitley

New Delhi: Emphasising that inclusive growthis high on government’s priority, Finance Minister Arun Jaitley today said the allocation of resources to the social sector is increasing. The government wants to make an extensive social welfare system with focus on better education system and effective healthcare especially for the children, women and senior citizens of the

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Demonetisation to have positive impact on economy: Jaitley

New Delhi: Finance Minister Arun Jaitley on Thursday said the government’s demonetisation move is going to have “a positive impact on the economy, including GDP”. “The steps that the government had taken were the right steps which were being implemented in the right manner. As far as the Indian economy is concerned, including on India’s

Demonetisation helped banks improve their fund situation: Jaitley

New Delhi: Union Finance Minister Arun Jaitley on Tuesday said the demonetisation move allowed banks fetch in huge amount of money that would help the government to undertake welfare measures. Addressing the BJP parliamentary party meeting here, Jaitley said as a result of demonetisation decision, “huge amount” of money has come to the banking system,

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Reserve Bank supplying adequate money: Jaitley

New Delhi: Union Finance Minister Arun Jaitley on Thursday said there is no dearth of cash due to demonetisation, and banks are being supplied adequate currency by the Reserve Bank of India (RBI). He expressed regret at the political opposition over the move but ruled out a roll-back. “The Reserve Bank is providing adequate notes

About Rs 2 lakh cr deposited in banks till Saturday afternoon: Jaitley

New Delhi: Finance Minister Arun Jaitley said around Rs 2 lakh crore has been deposited till 12.15 pm on Saturday in banks across the country, following demonetisation of Rs 500 and Rs 1,000 notes. “The largest banker in the country State Bank of India (SBI) saw deposits of Rs 47,868 crore till Saturday afternoon,” Jaitley

Check ‘blackmoney’ deposits in Ker co-op banks: BJP to Jaitley

Kochi: A day after Kerala’s LDF government flagged concerns over the impact of demonetisation of Rs 500 and Rs 1,000 notes on the co-operative banking sector, BJP today alleged huge amount of “blackmoney” was deposited in these banks and sought steps by the Centre to verify them. Targeting the cooperative banking sector, largely controlled by

Entire exchanged currency will be in market in 3-4 weeks: Jaitley

  New Delhi: Union Finance Minister Arun Jaitley said on Wednesday that the old currency notes of Rs 500 and Rs 1,000, which are no longer the legal tender, will be fully replaced with the new currency notes in the coming three-four weeks. “In next three-four weeks, entire exchanged currency will be in the market.

India looking to open economy further: Jaitley

New Delhi: Finance Minister Arun Jaitley said on Tuesday that despite calls for protectionism in the world, India was looking to open its economy further. “Today our economy is expanding. We are looking to open out, that is the direction for India. India’s voice is getting increasingly noticed in the world,” Jaitley said at the

Economic impact of India-Pak tensions will be marginal:Jaitley

Toronto: Finance Minister Arun Jaitley hasexpressed confidence that any economic impact arising from recent tensions with Pakistan and incidents like the surgical strikes undertaken by Indian special forces will be “extremely marginal”.Addressing a gathering at the University of Toronto’s Rotman School of Management, Jaitley said that any impact that had been felt on the markets

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Jaitley to leave for 7-day visit to Canada, US on Sunday

New Delhi: Finance Minister Arun Jaitley will leave on Sunday morning for a seven-day official visit to Canada and the US to attend the annual meetings of the World Bank and the International Monetary Fund (IMF) and also hold talks with foreign investors. “Arun Jaitley is leaving on a 7-day official visit to Canada and

Infrastructure key to economic growth: Jaitley

New Delhi: Union Finance Minister Arun Jaitley on Thursday said that infrastructure is the key to economic growth. Jaitley said this in his inaugural address at the BRICS (Brazil, Russia, India, China and South Africa) India 2016 seminar on “Best Practices in Public Private Partnerships (PPPs) and Long-term Infrastructure Financing”. The one day seminar was

Tourism sector still largely unexplored: Jaitley

New Delhi: Given its geography and rich cultural diversity, India has every reason to attract many more tourists than it presently does, but the sector remains largely unexplored, Union Finance Minister Arun Jaitley said on Wednesday. “Given India’s cultural diversity and its geography, tourism should have come as a natural activity to its people,” Jaitley

Acknowledgement to tax payers helps in nation building: Jaitley

New Delhi: Union Finance Minister Arun Jaitley on Monday said that revival of the practice of acknowledging tax payers for promptly filing income tax returns will play an important role in nation building. Jaitley was speaking at an event held here to hand over certificates of appreciation issued by the Central Board of Taxes (CBDT)

SAD-BJP to fight polls on basis of performance: Jaitley

Jalandhar: Describing the Centralgovernment’s performance since coming to power in 2014 as “very good”, Union minister Arun Jaitley today said the SAD-BJP alliance will contest the 2017 Punjab Assembly polls “on the basis of performance and achievements of both the Narendra Modi and the Parkash Singh Badal-led governments”. “The Centre’s performance during its over-two-years rule

AAP govt is worst to rule Delhi since Independence: Jaitley

Jalandhar: Union Finance Minister Arun Jaitley today launched a scathing attack on the AAP government in Delhi describing it as the “worst government since Independence” to rule Delhi and cautioned the people of poll- bound Punjab to be “wary” of the party. “That party’s (AAP) example of running the government is before us in Delhi.