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News >> Business
NPA resolution not to liquidate cos, but to help save them: Jaitly
  Assuring balance-sheet stressed firms that key objective of NPA resolution is not liquidation of their businesses but to save them, Finance Minister Arun Jaitley  said, the new insolvency law has significantly reversed defaulting debtor-creditor...
Need examples to deter benami deals, says Jaitley
  Finance Minister Arun Jaitley said example needs to be set to create a deterrent against use of anonymous people to hide ill-gotten wealth, amid some politicians and their family members coming under the scanner for alleged benami deals.Referring to ...
DeMo, GST to widen tax base, make cash dealing difficult: FM
  Indian Finance Minister Arun Jaitley on Saturday said demonetisation and GST will make cash transactions a lot more difficult and lead to greater compliance as well as expansion of tax base.Jaitley said the government has come out with laws to contai...
Subhash Garg takes charge as economic affairs secretary
  Senior bureaucrat Subhash Chandra Garg assumed charge as secretary of the Department of Economic Affairs (DEA) in the finance ministry.A 1983 batch IAS officer, from the Rajasthan cadre, Garg was World Bank executive director for Bangladesh, Bhutan, ...
Air India making profits in North-East
  Air India's operations in north- east are profitable with a market share of 17 per cent and it is now looking to expand presence in the region, including a direct Guwahati-Bangkok flight, a top official said on friday."Some of our routes are not very...
CAG will audit GSTN: Jaitley
   Clearing the air on audit of the firm providing IT backbone for GST, Finance Minister Arun Jaitley said the Comptroller and Auditor General of India will audit the Goods and Services Tax Network (GSTN).In a rebuff of party colleague Subramanian...
Record-breaking rally loses steam, Sensex, Nifty still up
  Key equity indices faltered by giving up their record hit in early part of the day as the Sensex was barely above 31,000 and the Nifty hovered around 9,600.Buying in heavyweight stocks as well as key FMCG and consumer durables kept the upside going.S...
91 lakh persons come under tax net post note ban: FM
  The number of persons under the tax net has increased by 91 lakh as unaccounted cash lost anonymity post note ban, Finance Minister Arun Jaitley said on wednesday.Launching a new website on 'Operation Clean Money', a programme to bring illegal wealth...
Layoffs in Indian IT may continue for 1-2 yrs: Experts
  As digitisation and automation become the new normal, IT biggies like Infosys, Cognizant and Tech Mahindra are seeing a spate of layoffs and this trend may continue for the next 1-2 years, say experts.The pink slips are being handed out to thousands ...
Sensex, Nifty hit lifetime highs on normal monsoon forecast
  Markets soared to record highs in late morning trade on widespread buying spurred by forecast of a normal monsoon amid positive global cues on thursday.The BSE Sensex zoomed 264 points to quote at an all-time high of 30,197.66, while the broader NSE ...
 
 
 
           
 
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