Dear Friends, While presenting the Annual Budget for 1956-1957, the then Union Finance Minister Shri C. D. Deshmukh had said: It is enough to state broadly my view that by means of the First Five Year Plan we have laid sound foundations for a mo
In a normal business environment, when conversion rates are lower than the market prices Debt-fuelled growth can have unintended consequences if the business environment does not pan out as expected. An estimated $5.3 billion worth of foreign cu
Ms. J. M. Shanti Sundharam, Director General, HRD as the new Member CBEC
Notification for Launch of 10-Year National Savings Certificate (IX-Issue), 2011 Issued In accordance with the decisions taken by the Government on the basis of the recommendations of the Committee for Comprehensive Review of National Small Saving
Comments/suggestions invited on ‘Draft Adjudication Manual’
Part of the slowdown is the unavoidable result of a weak global economy but part of it is self-inflicted The economic growth numbers to be released on Wednesday are likely to provide further evidence that the Indian economy is slowing down. Goin
Banks may be allowed to treat the national carrier’s loans as standard assets even after the recast Air India Ltd has won the central bank’s approval for a debt recast plan crucial to the state-run carrier receiving desperately neede
The Central Board of Excise and Customs (CBEC) has asked the government for 25,000 more employees, equivalent to 40% of its current staffing level, to meet the growing workload. The finance ministry unit helps formulate policy on the levy an
The decision of the Union Cabinet to permit FDI into multi-brand retail in the country will create 10 million new jobs including 6 million in the logistics sector alone, said Shri Anand Sharma, Union Minister for Commerce and Industry. Addressing
It wasn't just a vocal opposition that was against the Cabinet's decision to allow 51% foreign direct investment (FDI) in multi-brand retail business. The cabinet itself was split down the middle, which had an animated — even heated &m