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    • No question of roll back of demonetisation, says Jaitley

      Unfazed by combined opposition attack on Prime Minister Narendra Modi in and outside Parliament, Finance Minister Arun Jaitley today ruled out roll back of demonetisation saying the government is firm on cleansing politics and economy of the country.

    • RBI Credit Policy: Leaves key rates unchanged, reflects no hawkish stance

      The RBI in its first quarter (April-June, 2013-14) monetary policy left key rates unchanged hinting at rate cuts in future subject to market stability. With this, D Subbarao, the governor who had taken the central bank assignment in September, 2008; presented his last quarterly policy before he hangs up his boots in September this year.

    • No roll-back in retail FDI, asserts Government

      Hitting out at "obstructionist" opposition, government today ruled out roll-back of its decision to allow FDI in retail, but the nodal Industry Ministry admitted that states were not formally consulted.

    • Govt may roll back excise duty on branded garments

      The government is considering to roll back 10 per cent excise duty on branded garments, due to large scale protest by industry bodies in many parts of the country, including West Bengal, which goes to polls next month.

    • Tourism Minister seeks roll back of service tax on hotels

      The Tourism Ministry has written to Finance Minister Pranab Mukherjee seeking roll back of the proposed service tax on hotels and restaurants as it feels that the measure may have an adverse impact on the sector.

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