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Finance Ministry

Apr 17, 2014 at 20:21 | Source: CNBC-TV18
The UPA government had banned FII and FPI investments in defence companies in August last year, post which the finance ministry tried to convince its defence counterpart to continue to allow institutional investors in the sector.
Apr 17, 2014 at 08:39 | Source: Moneycontrol.com
The Central Government has nominated Shri Manish Gupta, Director, Department of Financial Services, Ministry of Finance, Govt. of India, New Delhi, as the Director of Corporation Bank representing the Central Government as Government Nominee Director with effect from April 16, 2014, vice Ms. Anna Roy.
Apr 16, 2014 at 22:03 | Source: PTI
FMC wants to hire six candidates each in the legal and inspection departments, two staffers in investigation and one each in monitoring and surveillance, cyber forensic, company secretary, statistician, human resources and information and communication technology, it said.
Apr 10, 2014 at 11:33 | Source: CNBC-TV18
Stricter rules are slightly tight for non-banking entities compared to other sectors, says N Sivaraman of L&T Finance Holdings, adding that free reserve availability might become a concern going forward.
Apr 09, 2014 at 14:51 | Source: PTI
The government's approval to the proposal of HDFC Bank for raising overseas shareholding limit to 67.55 percent may get delayed as Commerce and Industry Ministry is scrutinising all foreign investments made in the bank.
Apr 04, 2014 at 15:46 | Source: CNBC-TV18
CNBC-TV18's special show 'Change India' highlights reforms and policy initiatives that can be taken by the next PM to eliminate Indias seemingly perennial infrastructure deficit.
Apr 03, 2014 at 20:46 | Source: PTI
The government holds 49 per cent stake in Balco and 29.5 per cent in Hindustan Zinc Ltd (HZL). The Finance Ministry has already initiated the process of valuation the two companies.
Apr 03, 2014 at 15:30 | Source: Moneycontrol.com
Ministry on Finance, Govt of India has nominated Smt. Parvathy V Sundaram, Chief General Manager, RBI, in place of Smt. Surekha Marandi, Chief General Manager, RBI, as the representative of RBI on the board of directors of United Bank of India with immediate effect until further order.
Apr 03, 2014 at 09:43 | Source: Moneycontrol.com
The Central Government has nominated Shri Gurdial Singh Sandhu, Secretary, Department of Financial Services, Ministry of Finance, to be a Director on the Central Board of Directors of State Bank of India with immediate effect and until further orders vice Shri Rajiv Takru.
Apr 02, 2014 at 09:35 | Source: PTI
Terming the EC's decision as a very positive step, E&Y India Head of Banking and Financial Services Abizer Diwanji said: "As Governor Rajan has said rightly, it is not a political process, but a regulatory process. And the fact that the EC gave the go-ahead only reaffirms what the Governor has said."
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Market Advice  

Source:Economic Times - MUMBAI: The Forward Markets Commission (FMC) has asked bourses to clamp down on circular trading as the commodity markets regulator tightens its scrutiny of transactions after being placed under the oversight of the finance ministry following the Rs 5,600-crore NSEL crisis

4.17 PM Apr 15th

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Source:Economic Times - NEW DELHI: The finance ministry is preparing an outline for the next phase of economic reforms that can be presented to the new government to bolster manufacturing, infrastructure development and farm productivity. Top officials in North Block, which houses the finance

4.17 PM Apr 15th

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Source:Economic Times - MUMBAI: The finance ministry is likely to free private equity investors and venture capital funds invested in companies seeking to list abroad from the 25% minimum shareholding rule, effectively allowing them to sell their entire stake through a public issue. The lock

4.17 PM Apr 15th

snchekuri

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Economy  

This a very happy news. Both the RBI and Finance Ministry should formulate NRI friendly policies such as giving higher interest on NRI deposits and tax free interest ,etc and there will be further scope in obtaining still higher foreign inward remittances.

12.45 PM Apr 13th

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Banking & Financial Services - Sector  

Source:Economic Times - MUMBAI: The Finance Ministry has rejected market regulator Sebi`s proposal to classify banks and public financial institutions as `public shareholders` in stock exchanges. The regulator`s proposal failed to cut ice with the government, which felt the move could dilute

11.10 AM Apr 12th

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Source:Economic Times - NEW DELHI: The finance ministry has advocated that foreign single-brand retailers be allowed to accept orders on email, citing the example of the good old postcard that is still being used for purchases by customers in far-flung areas under value payable post, or VPP

6.10 PM Apr 11th

R Jagannathan

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Economy  

. What the two schemes indicate is this: both the RBI and the finance ministry are writing schemes in a vacuum, without consulting investors. Time they got out and smelt the coffee. They could do with some market research.

11.45 AM Apr 10th

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High taxes  

Source:Economic Times - Dhirendra Kumar By refusing to link tax exemptions and slabs to inflation, the government is getting to charge you ever higher taxes in real terms. Last week, the finance ministry released yet another draft of the proposed Direct Taxes Code. Although it`s difficult to see

4.09 PM Apr 9th

netdo

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Economy  

India`s economic problems have nothing to do with RBI or Finance Ministry. 56% of the labor force in India is supposedly in Agri sector and it contributes 18% of the GDP. The IT sector is less than 10% of the GDP and now it is too big for its britches and needs to be very badly cut to size. Any

10.38 AM Apr 8th

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Source:Economic Times - NEW DELHI: The Finance Ministry is not in favour of giving tax benefits to businesses for their social welfare spendings in backward regions contrary to the recommendation made by a parliamentary panel. In the new revised draft Direct Taxes Code (DTC) bill, the Finance

4.07 PM Apr 7th

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Apr 18, 2014 at 03:17 | Source: Calcutta Telegraph News
Apr 17, 2014 at 18:41 | Source: Economic Times
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