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| Divestment answer to India's eco concerns: Moody's | 16-JUL-09 |
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| The government plan to sell stakes in state-owned enterprises would help it address many of India's existing economic concerns and alleviate the current "fiscal stress", according to Moody's. |
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| Details on disinvestment soon: FM | 14-JUL-09 |
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| Firm on divesting stake in public sector undertakings, Finance Minister Pranab Mukherjee today said he has initiated talks with other ministries to identify PSUs where a portion of government equity could be sold and that details would be announced soon. |
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| Economy showing early signs of recovery: FM | 14-JUL-09 |
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| Finance Minister Pranab Mukherjee today said the economy was showing early signs of recovery and explained that the government had to increase borrowings to invest more in the absence of private investments. |
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| No new amnesty scheme for tax evaders: Pranab | 14-JUL-09 |
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| Government has no plans to bring a new amnesty scheme for tax evaders and wants to amend the Indo-Mauritius tax treaty to curb its abuse by companies, the Rajya Sabha was informed today. |
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| Fin Min-led GOM to handle 3G spectrum issues | 13-JUL-09 |
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| The government today constituted a Group of Ministers to look into pricing and auctioning of spectrum for 3G telephony that will revolutionise the way data is received and transferred on mobile phones. |
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| Finance Minister allays fear of high govt borrowing | 11-JUL-09 |
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| The Government today allayed apprehensions that its high borrowings, pegged at about Rs 400,000 crore to fund its widening fiscal deficit, will dry up resources for the private sector, a fear that sent stock markets to a tailspin after presentation of the Union Budget. |
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