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  • Jet Airways-Etihad give fresh docs to govt on deal: Sources Sep 25, 2013 11:53 AM IST

    Jet Airways-Etihad give fresh docs to govt on deal: Sources

    According to top sources the Department of Economic Affairs (DEA) had written to Jet and Etihad on September 5 seeking submission of documents relating to the revised shareholder agreement, corporate governance code, commercial cooperation agreement and the Articles of Association.

  • NSEL defaults on 3rd pay-out Sep 03, 2013 11:02 PM IST

    NSEL defaults on 3rd pay-out

    The beleaguered NSEL has already defaulted in the first two pay-outs as it received only Rs 92.73 crore from members in the first pay-out and Rs 12.05 crore in the second pay-out, out of the scheduled Rs 174.72 crore each.

  • Jet, Etihad yet to submit revised agreement to FIPB Jul 23, 2013 07:21 PM IST

    Jet, Etihad yet to submit revised agreement to FIPB

    There are just six days left and several government sources told CNBC-TV18 that Jet and Etihad are yet to submit their second revised shareholders agreement.

  • FS designate Sujatha Singh joins MEA as OSD Jul 12, 2013 04:53 PM IST

    FS designate Sujatha Singh joins MEA as OSD

    Manmohan Singh-led Appointments Committee of the Cabinet has approved the appointment of Singh, Ambassador of India to Germany, as OSD in the Ministry in the rank and pay of Secretary with effect from July 15 and till her assumption of charge as Foreign Secretary

  • FIPB clears 7 pharma FDI proposal, defers 3 Jul 05, 2013 03:21 PM IST

    FIPB clears 7 pharma FDI proposal, defers 3

    The Foreign Investment Promotion Board (FIPB) cleared seven FDI proposals in Indian pharmaceutical companies and deferred three other cases on ownership control.

  • PSUs must use extra cash or give it to others to invest: FM Jul 04, 2013 04:33 PM IST

    PSUs must use extra cash or give it to others to invest: FM

    Excess funds of some PSUs are estimated at around Rs 2.8 lakh crore. The government is working out guidelines for utilisation of such surplus funds with a view to boost investment and promote growth

  • Mayaram submits FDI report to FM; recommends hiking caps Jun 18, 2013 07:53 PM IST

    Mayaram submits FDI report to FM; recommends hiking caps

    The DEA has recommended hiking of FDI cap in sectors where it is currently at 26 percent to 49 percent.

  • FinMin pitches for ratings upgrade for economy with Fitch Apr 12, 2013 02:56 PM IST

    FinMin pitches for ratings upgrade for economy with Fitch

    The Finance Ministry today made a strong case for rating upgrade of Indian economy by global agency Fitch on the back of increasing investments, declining import of gold and government's commitment to fiscal prudence.

  • Budget to aim at eco growth; FinMin mulls oil import cess Feb 13, 2013 08:25 PM IST

    Budget to aim at eco growth; FinMin mulls oil import cess

    In the run up to Budget 2013-14 the finance ministry is considering various areas of taxation and is mulling a cess on import of crude oil. It could be as low as one percent.

  • Govt not worried about downgrade; will contain deficit: MoF Jan 08, 2013 03:41 PM IST

    Govt not worried about downgrade; will contain deficit: MoF

    The Finance Ministry said it is not worried about the threat of ratings downgrade by global agencies like Fitch as it is moving on the right track and will restrict fiscal deficit to 5.3 per cent of the GDP in 2012-13.

  • Finance Ministry starts Budget 2013-14 exercise Dec 05, 2012 10:11 PM IST

    Finance Ministry starts Budget 2013-14 exercise

    Finance Ministry has started the process to prepare budget for the next financial year by issuing guidelines to all central government ministries and departments.

  • Economic affairs dept supports refarming of 2G spectrum Oct 23, 2012 08:48 PM IST

    Economic affairs dept supports refarming of 2G spectrum

    CNBC-TV18's Malvika Jain reports that the department of economic affairs has written to thte DoT supporting the refarming of 2G spectrum.

  • FinMin opposes levy on electronic products imports Oct 01, 2012 10:38 AM IST

    FinMin opposes levy on electronic products imports

    Information Technology Ministry's proposal to levy a cess on import of electronic products to create a corpus for development of domestic industry, has been opposed by the Finance Ministry.

  • Mecklai graph: India's external debt at USD 345 bn, up 13% Sep 11, 2012 04:45 PM IST

    Mecklai graph: India's external debt at USD 345 bn, up 13%

    Mecklai graph of the day: According to the latest data release by Department of Economic Affairs at the end of March 2012, India‘s external debt stock stood at US$ 345.8 billion, increasing by US$ 39.9 billion (13.0%) over the end-March 2011 level of US$ 305.9 billion.

  • Musical chairs at FinMin: Chidambaram shuffles DEA Aug 07, 2012 09:00 PM IST

    Musical chairs at FinMin: Chidambaram shuffles DEA

    Finance minister P Chidambaram makes key bureaucratic changes in the department of economic affairs.

  • Govt may lower withholding tax on rupee-denominated bonds Aug 06, 2012 02:59 PM IST

    Govt may lower withholding tax on rupee-denominated bonds

    The Revenue Department is working on a notification to cut the withholding tax on ECB and corporate bonds.

  • PM approves relaxations in land transfer policy Aug 02, 2012 02:36 PM IST

    PM approves relaxations in land transfer policy

    Clearing bottlenecks in transfer of Government land, Prime Minister Manmohan Singh today approved relaxations in the land transfer policy, which would also remove any delays in awarding concessions for infrastructure projects.

  • Govt to launch Rajiv Gandhi equity scheme by August 15 Jul 27, 2012 08:08 PM IST

    Govt to launch Rajiv Gandhi equity scheme by August 15

    The Finance Ministry is likely to launch the Rajiv Gandhi Equity Scheme, which is aimed at boosting retail investments in the capital market, by August 15.

  • Vodafone to breathe easy as DEA says no fresh probe Jun 11, 2012 05:31 PM IST

    Vodafone to breathe easy as DEA says no fresh probe

    CNBC-TV18 learns from sources that the Department of Economic Affairs has decided to not examine a possible breach of the 74% FDI cap by Vodafone and told the prime minister's office there is no need to relook at the FIPB approval given to the Hutch-Vodafone deal in 2007.

  • JPC to look into Finance Ministry's 2G note Dec 20, 2011 10:54 AM IST

    JPC to look into Finance Ministry's 2G note

    The Department of Economic Affairs of the Finance Ministry will depose before the Joint Parliamentary Committee (JPC). This came a day after Joint Parliamentary Committee met on the loss due to the 2G scam and grilled CAG Vinod Rai.

  • Govt mulls reduction of stamp duty and STT: Sources Sep 26, 2011 05:25 PM IST

    Govt mulls reduction of stamp duty and STT: Sources

    The government is mulling measures to help ailing stock market investors. The current securities transaction tax (STT) norms will be renewed soon. The Department of Economic Affairs, in consultation with the Department of Revenue is working on the new regime, reports CNBC-TV18's Aakansha Sethi quoting sources.

  • FinMin to hold secretary-level meeting on Sept 28 Sep 13, 2011 06:50 PM IST

    FinMin to hold secretary-level meeting on Sept 28

    The Finance Ministry has called a meeting of secretaries on September 28 to assess the progress on various suggestions given by India Inc to give a fillip to the economy.

  • SEBI seeks DEA nod to access, track market transactions Apr 11, 2011 09:54 PM IST

    SEBI seeks DEA nod to access, track market transactions

    SEBI has written to the Department of Economic Affairs (DEA) once again, seeking permission to access call and e-mail records as a tool to track market transactions, report CNBC-TV18's Tanvi shukla and Vidhi Godiawala.

  • FY11 direct tax collections may just meet budget estimate Jan 04, 2011 09:56 PM IST

    FY11 direct tax collections may just meet budget estimate

    Direct tax collection for fiscal 2011 may just meet budget estimate of Rs 4.3 lakh crore, reports CNBC-TV18.

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