Free Press Journal
  • Govt making ‘mazboor’ banks ‘mazboot’, says Arun Jaitley

    New Delhi: Dismissing rumours of loan waiver for big corporates, Finance Minister Arun Jaitley today said the government has been taking firm action against defaulters and is making efforts to make ‘mazboor’ banks ‘mazboot’ by recapitalising them.

  • Arun Jaitley. Pic/PTI

    No loan waiver for capitalists, says Arun Jaitley

    New Delhi: Finance Minister Arun Jaitley on Tuesday denied that the government had waived off bank loans of big capitalists and asserted that proceedings had been initiated against 12 largest defaulters for time-bound recovery of dues totaling Rs 175,000 crore.

  • Cabinet clears ordinance for changes to Bankruptcy Code

    New Delhi: The Union Cabinet on Wednesday approved an ordinance to introduce certain changes to the Insolvency and Bankruptcy Code (IBC), Finance Minister Arun Jaitley announced.

  • Delhi High Court to continue hearing Arun Jaitley defamation case

    New Delhi: The Delhi High Court will continue hearing the civil defamation case filed by Finance Minister Arun Jaitley against Delhi Chief Minister Arvind Kejriwal and other Aam Aadmi Party (AAP) leaders, today. Jaitley had filed a civil defamation suit against Kejriwal and five other AAP leaders, including Ashutosh, Kumar Vishwas, Sanjay Singh, Raghav Chaddha and Deepak Bajpai.

  • Moody’s ratings upgrade after 13 years extremely encouraging: Arun Jaitley

    New Delhi: Finance Minister Arun Jaitley said on Friday that US credit rating agency Moody’s upgrading India’s sovereign rating was an extremely encouraging international recognition of the structural reforms undertaken by the government including demonetisation, Goods and Services Tax (GST) and recapitalization of public sector banks.

  • India is the most favourable, attractive place for FDI: Jaitley

    “The present government has implemented a slew of economic reforms one after the other, including the Goods and Services Tax (GST) roll-out,  introduction of Insolvency and Bankruptcy Code (IBC) and the  recapitalisation package for the Public Sector Banks (PSBs)”   Arun Jaitley/ FM

  • Yashwant Sinha, Shatrughan Sinha should resign, says Telangana BJP leader

    Hyderabad: Telangana BJP spokesperson Krishna Saagar Rao today said Yashwant Sinha and Shatrughan Sinha should resign from the party if they have “problems” on governance and are not finding enough opportunities to raise issues at party forums. Rao said both the leaders have long ago crossed the party’s disciplinary line — “lakshman rekha”, as he put it.

  • GST Chaos: Should Arun Jaitley step down as Finance Minister?

    November 8, 2016, and July 1, 2017, will forever be etched in history as the two most important dates in current Indian polity. The decision to implement demonetisation and Goods and Services Tax (GST) were taken on above mentioned dates and the jury is still out on whether either of the decisions paid off or not. Prime Minister Narendra Modi got a decisive mandate in 2014 to transform India

  • Arun Jaitley to deliver opening remarks at Singapore investors meet

    Singapore: Finance Minister Arun Jaitley will deliver the opening address at a conference of global investors and financial institutions in Singapore on Wednesday, organisers said today. He will address more than 160 leaders from central banks and regulatory agencies, financial institutions, venture capital firms and FinTech companies, the organisers of the Singapore FinTech Conference said. Queen Maxima of the Netherlands will be speaking on using inclusive technology to build a better future

  • More capital will push PSBs to up MSME credit, says FM

    “We  need the third engine (private investment) also to fire and a robust private sector and MSME sector so that the optimum growth rate which we have the potential for can be reached,”  Arun Jaitley/Finance Minister.

  • P Chidambaram on GST rates cuts: Congress, I are vindicated

    New Delhi: Senior Congress leader P. Chidambaram on Friday said that he and his party are vindicated by the cuts in the Goods and Services Tax (GST) rates. “Congress is vindicated. I am vindicated. The merit of capping GST at 18% is now recognised,” Chidambaram tweeted.

  • GST network still not strong: Punjab FM Manpreet Singh Badal

    New Delhi: Ahead of Goods and Services Council Meet in Guwahati today, Punjab Finance Minister Manpreet Singh Badal said that the GST network is still not strong. “GST network is still not strong. We hope they look into our suggestions,” the minister said.

  • Demonetisation was a thoughtless act: Rahul Gandhi

    New Delhi: On the first anniversary of demonetisation, Congress party vice president Rahul Gandhi dubbed the note ban as a tragedy. Gandhi further slammed Centre’s decision of swapping currency and said that his party stands with those who were hit by Prime Minister Modi’s thoughtless act.