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Finance minister Piyush Goyal

Finance Ministry on course to meet NPA recovery target

Finance Ministry on course to meet NPA recovery target

Thu, Feb 14, 2019

There is so much urgency among the lenders to recover their dues that not taking any chances of possible delay, SBI had put its entire Essar Steel loan exposure of Rs 15,431 crore on sale though it did not meet the desired response

Finance Ministry asks six public sector banks to improve on PCA parameters

Finance Ministry asks six public sector banks to improve on PCA parameters

Thu, Feb 14, 2019

Recently, when BoI, BoM and OBC were taken out of the PCA, they were falling short of meeting the RoA norms. But since none of these banks have met the requirement for `return on assets`, it appears that the trigger has been diluted.

Goyal asks banks to meet realty cos within a fortnight to understand industry issues

Goyal asks banks to meet realty cos within a fortnight to understand industry issues

Thu, Feb 14, 2019

There is a real problem (being faced by the realty sector)," Goyal said at a Credai event here, adding that banks should take some initiatives to assess the projects and fast track them.

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Train 18: Fare details of Vande Bharat Express are here - Check ticket price of AC chair car and executive class

Train 18: Fare details of Vande Bharat Express are here - Check ticket price of AC chair car and executive class

Mon, Feb 11, 2019

Vande Bharat Express or Train 18's air conditioned chair car ticket would cost Rs 1,850 and the executive class fare will be Rs 3,520 for a Delhi to Varanasi trip, including the catering service charges, officials told PTI Monday.

RBI rate cut will boost economic growth and make loans affordable: Piyush Goyal

RBI rate cut will boost economic growth and make loans affordable: Piyush Goyal

Thu, Feb 07, 2019

Finance Minister Piyush Goyal said the RBI rate cut will boost economic growth and make loans affordable. Watch this video to know more.

PM Kisan Scheme: Aadhaar optional for 1st installment; compulsory from 2nd onwards

PM Kisan Scheme: Aadhaar optional for 1st installment; compulsory from 2nd onwards

Mon, Feb 04, 2019

"For transfer of first installment of benefit for the period December 2018-March 2019, Aadhaar number shall be collected wherever available..," the Union Agriculture Ministry said in a letter to the state governments.

Budget 2019: Centre earmarks Rs 93,847.64 crore for education sector

Budget 2019: Centre earmarks Rs 93,847.64 crore for education sector

Fri, Feb 01, 2019

"The proposal for setting up SPAs have been appraised by the Expenditure Finance Committee. Directors of IITs/NITs and Chief Secretaries of States/UTs have been requested to submit proposals," the minister said.

Interim Budget 2019: It empowers all sections of society, says PM Narendra Modi

Interim Budget 2019: It empowers all sections of society, says PM Narendra Modi

Fri, Feb 01, 2019

More than 12 crore farmers, three crore middle class families and 30-40 crore workers employed in unorganised sector will benefit from the budget, he said, adding that poverty has been falling at a record rate due to the efforts of his government.

Budget 2019: When MPs chanted 'Modi, Modi' over income tax exemptions

Budget 2019: When MPs chanted 'Modi, Modi' over income tax exemptions

Fri, Feb 01, 2019

The Minister prefaced his remarks with concerns for the middle class and made the pre-election budget announcement with a bonanza for those who mostly constitute the salaried and pensioners.

Budget 2019: Higher tax exemption limit, farm package lift Sensex over 430 points

Budget 2019: Higher tax exemption limit, farm package lift Sensex over 430 points

Fri, Feb 01, 2019

According to HDFC Securities Deepak Jasani, the push to consumption by way of sops to farmers and middle class families resulted in buying in auto and FMCG stocks.

Budget 2019: What government offered to MSME, unorganised sectors

Budget 2019: What government offered to MSME, unorganised sectors

Fri, Feb 01, 2019

The requirement of sourcing from SMEs by government enterprises has been increased to 25 per cent, including three per cent quota for sourcing from women-owned SMEs, he said.

Budget 2019: Piyush Goyal lays out 10 dimensions of Modi govt's Vision 2030

Budget 2019: Piyush Goyal lays out 10 dimensions of Modi govt's Vision 2030

Fri, Feb 01, 2019

Goyal said building next generation infrastructure in all sectors comprising roads, railways, seaports, airports and inland waterways is the first dimension to provide an "ease of living".

Budget 2019: No GST relaxation for under construction home buyers

Budget 2019: No GST relaxation for under construction home buyers

Fri, Feb 01, 2019

In the budget 2019, Narendra Modi government left the GST at 12 per cent without rationalising it for the home buyers.

Budget 2019: Deficit for current fiscal pegged higher at 3.4%

Budget 2019: Deficit for current fiscal pegged higher at 3.4%

Fri, Feb 01, 2019

The announcement was made by acting Finance Minister Piyush Goyal while presenting the Interim Budget for 2019-20 with the general elections due to take place within months.

Stock market alert! Budget 2019 announcements keep equity indices in the green

Stock market alert! Budget 2019 announcements keep equity indices in the green

Fri, Feb 01, 2019

The Nifty50 on the National Stock Exchange traded at 10,872.25, higher by 41.30 points or 0.38 per cent from the previous close.

Budget 2019: Committee to identify nomadic, semi-nomadic communities, says Piyush Goyal

Budget 2019: Committee to identify nomadic, semi-nomadic communities, says Piyush Goyal

Fri, Feb 01, 2019

He also said that the government this time will move ahead from "women development to women-led development".

Budget 2019 announcement: 2% interest subvention for MSMEs on loan up to Rs 1 cr

Budget 2019 announcement: 2% interest subvention for MSMEs on loan up to Rs 1 cr

Fri, Feb 01, 2019

"All MSME units registered with the Goods and Services Tax (GST) will now have 2 per cent interest subvention for loans up to Rs 1 crore," he said.

Budget 2019 announcement: Modi government to launch National Artificial Intelligence Portal

Budget 2019 announcement: Modi government to launch National Artificial Intelligence Portal

Fri, Feb 01, 2019

Presenting the Interim Budget 2019-20 in the Lok Sabha, Goyal also said that nine priority areas had been identified for the development of the Artificial Intelligence sector.

Budget 2019: Mobile data usage in India up 50% says Piyush Goyal

Budget 2019: Mobile data usage in India up 50% says Piyush Goyal

Fri, Feb 01, 2019

"Mobile and its parts manufacturing companies have grown from 2 to 268 now, creating thousands of jobs in both urban and rural areas of the country," said Goyal while presenting the Interim Budget for 2019-20 in the Lok Sabha.

Govt to withdraw FRDI bill; writes to Parliament panel

Govt to withdraw FRDI bill; writes to Parliament panel

Tue, Jul 31, 2018

The Union Cabinet had earlier this month decided to withdraw the legislation in view of the concerns expressed by certain sections of people, including politicians, over the 'bail-in' clause, which they feared would harm the interest of depositors.

Indian money in Swiss banks fell 34.5 pct in 2017, says Piyush Goyal

Indian money in Swiss banks fell 34.5 pct in 2017, says Piyush Goyal

Tue, Jul 24, 2018

Piyush Goyal said according to Swiss authorities, the more reliable data source for deposits held in Switzerland is the Locational Banking Statistics (LBS) of Bank of International Settlements. LBS measures international banking activity from a residence perspective, focusing on the location of banking office and captures around 95 per cent of all cross-border banking activity.

Goyal urges traders to expose tax evaders

Goyal urges traders to expose tax evaders

Sat, Jul 07, 2018

During an interaction with traders here, Goyal said that the goods and services tax (GST) has brought all the sections at the same level, an official release said.

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