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Manoj Kumar

Finance Minister Arun Jaitley (L) speaks to Reserve Bank of India (RBI) Governor Raghuram Rajan during a convocation ceremony for students at a university in Mumbai January 9, 2015.

Govt steps up rate cut pressure on RBI

by Suvashree Dey Choudhury |Aug 20, 2015

Officials in finance minister Arun Jaitley's ministry are encouraging economists and newspapers to lobby directly for further easing, senior government officials said.

Photo: Reuters

India, EU working to end trade huff over generic drugs

by Manoj Kumar |Aug 17, 2015

Prime Minister Narendra Modi's office wrote to the EU Trade Commissioner to intervene when the ban on around 700 pharmaceutical products was formalised in May, but there was no response, so the ...

FM Arun Jaitley

FM Arun Jaitley says govt should cut political interference in state banks

by Nidhi Verma |Aug 14, 2015

Country's banking sector, dominated by more than two-dozen state-run lenders, has been hobbled by its highest bad-loan ratio in a decade as slower economic expansion hurt companies' ability to ser...

Photo: Reuters

Narendra Modi's port-based export drive needs infra push

by Manoj Kumar |Aug 6, 2015

Govt had the export push in mind via 'Make in India' drive to support industrial growth and create manufacturing jobs. But the greatest challenge businesses faces is getting their production to ports.

The government expects to garner Washington's support to bring back illicit funds stashed by Indians in foreign tax havens and boost revenues by getting information about Indians working in the United States.

India, US join hands to close in on tax evaders

by Manoj Kumar |Jul 9, 2015

Washington has signed pacts covering more than 80 tax jurisdictions to implement the Foreign Account Tax Compliance Act, or FATCA, requiring financial institutions to share information about Americans...

Photo: Reuters

Greece crisis may have indirect impact on India: Finance Secretary

by Rajesh Kumar Singh |Jun 29, 2015

The country's stock markets fell nearly 2 per cent on Monday and bond yields rose.

Photo: Reuters

EPFO to start equity investments in July, says Labour Minister

by Manoj Kumar |Jun 25, 2015

"We are starting with 1 per cent in July and by the end of this (fiscal) year it will go up to 5 per cent" of annual investments), Labour Minister Bandaru Dattatreya told Reuters in an interview l...

PM Narendra Modi

Budget data to give clues to PM PM Narendra Modi's capex promise

by Manoj Kumar |May 29, 2015

PM Narendra Modi, who has completed one year in power this week, managed to hit a budget deficit goal of 3.9 per cent of GDP in the fiscal year to March with a severe capex squeeze in the final th...

FM Arun Jaitley says govt in talks with RBI on public debt agency

by Manoj Kumar |May 22, 2015

The comments come after the government last month withdrew proposals to set up the agency, with Jaitley adding then the government would consult with the central bank and unveil a new roadmap.

FM Arun Jaitley

FM Arun Jaitley says rupee value needs to be market driven

by Manoj Kumar |May 22, 2015

The rupee has fallen nearly 1 per cent against the US dollar so far this year, despite signs of an improving economy, with analysts predicting India could surpass China's growth.