Had I been an applicant, Jaitley would not have the job says Yashwant Sinha

yashThere seems to be no end to the war of words between the current and the former finance ministers of India. After Arun Jaitley hit back at Yashwant Sinha stating that he was a job applicant at 80, here is what the former finance minister had to say.

Read more 

Advertisements

Modi Cabinet reshuffle: New allies, JD(U), AIADMK to make the cut, Jaitley likely Defence Minister

modi2The union Cabinet reshuffle is expected to take place before the end of this month. The Narendra Modi led cabinet is expected to induct two members of the JD(U) and AIADMK, sources say.

Read more

Panama Papers: All will be investigated says Jaitley

arunjaitelyEveryone named in the Panama Papers case will be investigated, Finance Minister Arun Jaitley said.

Read more

Doklam standoff: Not 1962, capable of facing any challenge says Jaitley

arunjaitelyDefence Minister Arun Jaitley said that the Indian Armed forces are capable enough to meet any challenge to the country’s security as he underlined that lessons have been learnt from the 1962 war. He also said in the Rajya Sabha that the people of the country have a predominant wish of retrieving the parts of Jammu and Kashmir occupied by Pakistan since 1948.

Read more 

Not safe to deal with excessive cash says Govt as Operation Clean Money website is launched

Operation Clean MoneyContinuing its fight against black money, the government on Tuesday launched a website Operation Clean Money. The new website will help honest tax payers, Union Finance Minister Arun Jaitley said inaugurating the website.

Read more

This Budget is constrained, nothing much in it: Expert

budThere have been mixed reactions to the just presented Union Budget by Finance Minister Arun Jaitley. While some hail it, others say that there was nothing much in it. R Vaidyanathan, a professor of Finance at Indian Institute of Management-Bangalore and an expert on financial matters tells OneIndia that overall this is a neutral budget.

“It is not a budget that has taken risks. I personally feel that it is a budget that has been constrained by the directive of the Election Commission in view of the ongoing poll process in the five states, he says.

Read more 

NO BIG DEAL if Budget is presented on Feb 1, says SC

budgetThe Supreme Court will hear a plea seeking postponment of the Union Budget on February 1.

During the course of the arguments, the SC however observed that tentatively there is nothing wrong in Finance Minister Arun Jaitley’s statement that he will present the Budget on February 1.

Read more 

Recalibrating ATMs will take two weeks: Arun Jaitley

jaitNew Delhi, Nov 12: It will take at least three weeks to re calibrate ATMs according to the new Rs 500 and Rs 2,000 currency notes, Arun Jaitley, Union Finance Minister informed.
The finance ministry is constantly monitoring the currency exchange, Jaitley told a crowded press conference after meeting with senior government and RBI officials.
Reactions to this entire process from the opposition has been very disappointing Jaitley said reacting to the roll back on the currency ban that was being sought. Some statements have been irresponsible, he also added.

Read more

Budget’s biggest achievement is it made CPI speak for corporates: Prof Vaidyanathan

arunjaitNew Delhi, Feb 29: The Union Budget of 2016 has been hailed as farmer friendly and the experts say that it was about time that the agricultural sector had to be addressed. R Vadiyanathan, professor of finance at the Indian Institute of Management, Bangalore discusses with OneIndia the budget that was presented by Finance Minister Arun Jaitley today.
Prof Vaidyanathan points out in lighter vein that the biggest achievement of this budget is that it has made Communist Party India leader say that the corporate sector has not been given anything. Raja while reacting to the budget said, ” “Outside the budget, they promised a lot to the corporate sector. Not evident now. Nothing spectacular in the budget.”

Read more

Unfair trading: Finance Minister initiates probe

  
New Delhi, July 9: The Ministry of Finance will probe the allegations made by a whistleblower in which it was stated that there have been flaws in the tick by tick server of the NSE which is giving few traders an advantage over the rest.
It was alleged by a whisteblower that the tick by tick server or the TBT had certain flaws and those logging in sooner had the benefit of faster information.