Page 33 - Arup Roychoudhury

Arvind Subramanian resigns before term; Jaitley announces CEA exit on FB

Chief Economic Advisor Arvind Subramanian informed me that he would like to go back to the US on account of pressing family commitments, Jaitley wrote in Facebook post

Arun Jaitley holds video conference on very day of discharge from hospital

FM takes stock of work done in his absence, discusses various economic and policy issues with senior FinMin staff

Air India is just the start of Centre's privatisation woes

Out of nearly 30 public sector undertakings and assets under 'strategic sale' plan, only the ONGC-HPCL plan has been completed

To keep fuel rate in check, ONGC may get dividend waiver for price freeze

The plan to place a part of the oil price burden on ONGC has been doing the rounds for some time

No takers for Air India stake sale: Core group to meet next week

Till the last day, transaction advisor EY sounded confident there would be bids

Govt seeks proposals for debt exchange traded fund by May 16

ETF structure to be decided by advisor in conjunction with government

No bias against states in finance commission's terms of reference: Jaitley

The FM's statement comes on a day when the finance ministers of Kerala, Karnataka, Andhra Pradesh and Puducherry met in Thiruvananthapuram and spoke out against the terms of reference

Need to rethink public ownership of banks, says Aravind Subramanian

I think we are now coming around more to the view that if you want this problem not to recur in the future, we cannot just throw money into a black hole, he said

Govt sources refute Vinod Rai's claim, say FM met him on several occasions

On Monday, Rai had alleged communication breakdown between FinMin and BBB; FM likely to respond soon

Rs 114-billion PNB scam: Govt weighs bank's recapitalisation hike

Lender may also be put under RBI's prompt corrective action framework

PNB fraud: Govt to chase down those who cheat banking system, says Jaitley

Jaitley also questions role of auditors

Panel on cryptocurreny expected to submit report within the next two months

While cryptocurrencies are illegal, the government and regulators are aware of the need to set the template for a cashless future

MSP calculations will not include imputed land rent, says Arun Jaitley

The cost will include all paid expenses plus imputed value of family labour (FL), but not imputed land rent

Budget 2018: Modi govt uses Finance Bill to extract spending room till 2024

Changes in FRBM Act, through Finance Bill, will also ensure govt does not have to report revenue deficit

Budget 2018: Government set to reap Rs 1 trillion via divestments this year

Target for 2018-19 raised to Rs 800 billion

Budget 2018: FM Arun Jaitley deviates sharply from fiscal roadmap

Govt revises fiscal deficit estimate to 3.3% of GDP for 2018-19

Economic Survey 2018: FY18 GDP at 6.75%; GST, bankruptcy code growth drivers

Reforms of the past year to allow real GDP growth to reach 7.5% in 2018-19, regain fastest growing major economy tag for India

Ashok Lavasa wears many hats: Author, teacher, and now at poll panel

Lavasa was directly responsible for allocations to various ministries and schemes, joking that he was one of the most disliked men in bureaucracy

Budget 2018: FinMin could raise disinvestment target to Rs 1 trn

Likelihood of outstripping 2017-18 budgeted estimate of Rs 725 bn seen as key driver; Air India sale to be marquee disinvestment action

Budget 2018: Centre's FY19 capex may rise 16% to Rs 3.6 trn, pvt sector shy

For PSUs and Centre combined, capex target is very likely to cross Rs 4.2 trillion -- highest for any given year, surpassing previous high by a wide margin