Aakanksha Sethi

The measures taken by the government to save the rupee is likely to throw its fiscal out of whack. North Block sources say this may impact the fiscal deficit by over Rs 18,000 crore. CNBC-TV18‘s

Vodafone & Fin Min to call truce in retrospective tax case?

The finance ministry is likely to reply to Vodafone's letter this week. The ministry is currently examining the letter. Aakansha Sethi of CNBC-TV18, joins with the details.

Govt may consider ordinance for Hindustan Zinc stake sale

Sources indicate that the government may mull ordinance for Hindustan Zinc stake sale reports CNBC-TV18's Aakanksha Sethi.

Finance Ministry may float Cabinet note on PSU ETFs soon

Finance Ministry may float Cabinet note on public sector unit (PSU) ETFs shortly, report CNBC-TV18's Aakanksha Sethi.

FIIs meet FinMin officials, discuss ways to improve inflows

Foreign Institutional Investors (FIIs) today met Economic Affairs Secretary Arvind Mayaram and discussed ways to improve inflows into the capital market. CNBC-TV18's Aakanksha Sethi reports.

FinMin approves 49% FDI in insurance, pension

The Finance Ministry has approved foreign direct investment in insurance and pension sectors up to 49%, reports CNBC-TV18‘s Aakanksha Sethi.

Fin Min not in favour of excise duty hike on diesel cars

CNBC-TV18 learns from finance ministry sources that they are currently not in favour of a hike in excise duty on diesel cars , reports Aakanksha Sethi.

Govt discusses lock-in period for Rajiv Gandhi Eq Scheme

Sources say that the government is looking at a blanket lock-in of one year for all investing in the Rajiv Gandhi Equity Savings Scheme, reports Aakanksha Sethi.

If FM gives tax sops to foreign banks, will RBI play ball?

CNBC-TV18's Aakanksha Sethi learns that the Finance Ministry is looking at providing tax sops to foreign banks most likely from June.

Finance Ministry allows 26% FDI in Indian airlines: Sources

The government seems to be pushing ahead with its plan to open up the aviation sector. Sources informed that the finance ministry has given its nod for foreign airlines to buy up to 26% stake in Indian carriers, reports CNBC-TV18’s Aakanksha Sethi.

Finance Ministry increases FII investment limit to $15bn

Foreign Institutional Investors (FIIs) can now invest USD 5 billion more in the government securities. This move is expected to increase the participation of FIIs in the government securities. The finance ministry has increased the FII investment limit to USD 15 billion, reports CNBC-TV18’s Aakanksha Sethi.

Coal India may consider 5% equity buyback

Coal India shares were buzzing today after CNBC-TV18's Aakanksha Sethi reported that the PSU major could consider a share buyback totaling 5% equity stake of the company.

Divestment dept to decide on ONGC FPO in few days: Sources

As the government grapples with a huge revenue gap, there finally seems to be some action on the disinvestment front. CNBC-TV18 learns that the much delayed ONGC follow-on public offer (FPO) might see the light of the day soon, reports CNBC-TV18's Aakanksha Sethi.

Recapitalising SBI: Govt to infuse Rs 3000-4500cr this year

The government is looking to infuse between Rs 3,000 crore and Rs 4,500 crore into SBI in the current financial year, reports CNBC-TV18's Aakanksha Sethi.

FII outflows causing rupee slide: Finance Ministry

The Finance Ministry says it's the foreign institutional investor (FII) outflow that's fuelling the rupee fall, reports CNBC-TV18’s Aakanksha Sethi.

Govt allows foreign investors to buy in Indian stock market

The finance ministry is stepping up its efforts to widen the class of foreign investors in the Indian stock market. First, the government gave the green signal for qualified foreign investors (QFIs) to invest in mutual funds, and now, individual investors from across the globe may soon get the right to buy blue-chip Indian stocks.

Govt to announce revised GDP for FY12 next week: Sources

Disappointing news from the macro economy after sources indicated that the government is likely to cut its FY12 GDP growth forecast early next week, reports CNBC-TV18's Aakanksha Sethi.

Cabinet approves complete exit by govt from Scooters India

UPA bites the privatisation bullet—the Cabinet today approved complete exit by government from loss making Scooters India, reports Aakanksha Sethi.

I-T dept dragging its feet on Vodafone matter: Counsel

The Authority for Advance Ruling today once again adjourned the hearing on the Vodafone-Essar tax liability case. In an interview CNBC-TV18, Aakanksha Sethi, Anuradha Dutt, Partner, Dutt Menon Dunmorrsett, speaks about the issue and gives her outlook going forward.

Take instant action to remove supply jams: FM to states

A day after the food inflation crossed the 18% mark, the government has stepped up efforts to douse the inflation fire. The finance ministry has identified cartels as the key reason for high prices and has put in place a four-pronged strategy to check this.