‘Temporary shortage’ of cash is being tackled quickly, assures FM Jaitley

‘Temporary shortage’ of cash is being tackled quickly, assures FM Jaitley

New Delhi: Union Finance Minister Arun Jaitley on Tuesday called the cash crunch in the country as a ‘temporary shortage’ and assured that the situation is being tackled quickly. “Have reviewed the currency situation in the country. Over all there is more than adequate currency in circulation and also available with the banks. The temporary […]

GST Council divides states into 4 lots for rollout of intra-state e-way bill

New Delhi : The Goods and Services (GST) Council, in its 26th meeting on Saturday, decided to divide the states into four lots for the rollout of intra-state e-way bill in April. “The e-way bill system for inter-state transportation of goods will be implemented from April 1, 2018. After that, the state will be categorised into four lots for […]

Bank fraud, willful default hampering ease of doing business: Jaitley

Bank fraud, willful default hampering ease of doing business: Jaitley

New Delhi: Finance Minister Arun Jaitley on Saturday said cases of willful default and bank fraud will have a detrimental impact on the government’s objective of ensuring ease of doing business. Speaking at the ET Global Business Summit 2018 here, Jaitley said repeated occurrence of fraud causes major setbacks to efforts for improving ease of doing business, and this subsequently creates […]

RBI chief Urijit Patel defends monetary policy

RBI chief Urijit Patel defends monetary policy

The Reserve Bank of India governor Urjit Patel on Saturday defended maintaining tight monetary policy even when retail inflation remained low. Addressing reporters along with finance minister Arun Jaitley by his side after a customary post-Budget meeting, Patel said the central bank’s monetary policy remains forward looking rather than “looking at inflation rates of today […]

Gujarat election 2017: Arun Jaitley tears into ‘myths’ of Congress’s poll plank in latest social media post

Gujarat election 2017: Arun Jaitley tears into ‘myths’ of Congress’s poll plank in latest social media post

NEW DELHI: Even as Gujarat voted in the first phase of the 2107 Assembly elections, Union Finance Minister Arun Jaitley tore into the Conrgess’s campaign in the state. In a lengthy social media post, Jaitley critiqued what he called the ‘myths’ underlying the poll strategy of the grand old party. “The two important limbs of […]