(PTI) The Reserve Bank today said it will reconstitute the oversight committee (OC) under its aegis to operationalise the banking ordinance for resolving the issue of bad loans that have soared to over Rs 8 lakh crore. The central bank said it has been decided to reconstitute the OC under the aegis of the central bank and also proposed to enlarge the committee to include more members so that it can constitute requisite benches to deal with the volume of cases referred. The existing OC, which has two members, was constituted by the Indian Banks’ Association (IBA). Outlining the action plan…
Author: Amitabh Kumar
(AT) उत्तर प्रदेश में 20 फीसदी अल्पसंख्यक कोटे पर रोक को लेकर योगी के दो मंत्री आमने-सामने आ गए हैं. जहां अल्पसंख्यक मामलों के मंत्री ने कोटे पर रोक का बयान दिया तो वहीं समाज कल्याण मंत्री रमापति शास्त्री ने अल्पसंख्यक कोटे पर रोक से इंकार किया है. कोटा खत्म करने का कोई प्रस्ताव नहीं पहले अल्पसंख्यक मामलों के मंत्री मोहसिन रजा ने कोटा खत्म करने की बात कही तो अब समाज कल्याण मंत्री रमापति शास्त्री ने इससे इनकार किया है. उन्होंने कहा है कि कोटा खत्म करने का कोई प्रस्ताव नहीं है. सोमवार सुबह अल्पसंख्यक मामलों के मंत्री मोहसिन…
The Union Minister of Finance Shri Arun Jaitley says India-Africa together can shape the future of the world FM Shri Arun Jaitley: India-Africa partnership model is unique; the cornerstone is voluntary partnership without any imposition on partner The Union Minister of Finance and Corporate Affairs Shri Arun Jailtey said that the African Development Bank’s (AfDB) Annual Meeting organized in India this year is a new chapter in India – Africa relationship. India-Africa together can shape the future of the world, he added. Shri Jaitley was speaking at the Opening Session of Annual meeting of African Development Bank themed on ‘Africa-India…
Since Apr-Jun (Q1) 2010-11, Public Debt Management Office (PDMC) (earlier Middle Office), Budget Division, Department of Economic Affairs, Ministry of Finance, is bringing out a quarterly report on debt management on regular basis. The current report pertains to the quarter Jan-March 2017 (Q4 FY 17). During Q4 of FY17, the Government issued dated securities worth Rs. 80,000 crore to complete its borrowings of Rs. 582,000 crore (RE) for FY 17. Gross and net market borrowings requirements of the Government for FY17 were revised lower to Rs 5,82,000 crore and Rs. 4,06,708 crore, which were lower by 0.52 per cent and…
The Union Home Minister, Shri Rajnath Singh has released the book ‘India 2017 Yearbook’ authored by the Union Home Secretary, Shri Rajiv Mehrishi, here today. The CEO, NITI Aayog, Shri Amitabh Kant was also present on the occasion. The book was published by the Mc Graw Hill Education India. Shri Rajnath Singh said that the richness in contents and novelty of approach used by the author and other panel contributors including Smt. Vasundhara Raje, Dr. Arvind Subramanium, Dr. Arvind Panagariya, Shri Kamal Kishore, Dr. Rajiv Kumar, Dr. Ila Patnaik, Shri Ruchir Sharma and Shri Amitabh Kant who have earned names…
A training programme being conducted by the National Disaster Management Authority (NDMA) began here today to improve the preparedness of Parliament House Complex (PHC) security staff to respond to CBRN emergencies, encompassing threats emanating from the use of Chemical, Biological, Radiological and/or Nuclear (CBRN) material. The five-day training programme will train security personnel of PHC on various aspects of CBRN emergencies. Speaking on the occasion Shri R.K. Jain, Member, NDMA said, “In today’s world, CBRN emergencies have become a reality. Comprehensive planning, preparedness and an effective response strategy will equip us to deal with such exigencies effectively.” Underlining the need…
(PTI) Uttar Pradesh Governor Ram Naik today welcomed Chief Minister Yogi Adityanath’s decision to celebrate UP Divas every year on January 24. “Adityanath is a prudent administrator. When I put forward this proposal of celebrating Uttar Pradesh Divas he took serious note of it and got the proposal cleared in cabinet meeting the next day,” said Naik. He was addressing a gathering in suburban Vile Parle, where he was felicitated by organisation Abhiyan. Naik also appreciated Mumbai BJP general secretary Amarjeet Mishra who has been celebrating Uttar Pradesh Divas in the city for the last 28-years. “When Mishra approached me, I asked…
(AU) 1 जुलाई से लागू होने वाले जीएसटी कानून से बैंक में जाकर के ट्रांजेक्शन करना काफी महंगा हो जाएगा। सरकार ने बैंक में होने वाले प्रत्येक ट्रांजेक्शन पर सर्विस टैक्स को 15 फीसदी से बढ़ाकर के 18 फीसदी कर दिया है। यह टैक्स सभी तरह की बैंकों में हर तरह के खाते पर लागू होगा। फ्री ट्रांजेक्शन के बाद देना होगा टैक्स ज्यादातर बैंकों में अब फ्री ट्रांजेक्शन करने की सीमा तय कर दी गई है। प्राइवेट बैंकों जैसे कि आईसीआईसीआई, एचडीएफसी और एक्सिस बैंक ने वैसे ही बैंक में होने वाले फ्री ट्रांजेक्शन को सीमित कर दिया था। अब…
(FE) Oil prices dipped on Thursday, weighed down by plentiful supplies despite an ongoing effort led by OPEC to cut production in order to tighten the market and prop up prices. Brent crude futures were down 21 cents, or 0.4 percent, from their last close at $52 per barrel at 0148 GMT. US West Texas Intermediate (WTI) crude futures were at $48.88, down 19 cents, or 0.4 percent. The downward correction partly reversed gains from the previous session when prices rose on the back of a drawdown in U.S. crude inventories and a slight dip in American production. The U.S.…
(NDTV) The Finance Ministers of 29 states and three union territories and union Finance Minister Arun Jaitley will be in Jammu and Kashmir capital Srinagar today for the final meet before the Goods and Services Tax (GST) rollout on July 1. The choice of the venue for this all important meet is being viewed as a political statement by the government as it comes in the backdrop of a restive Valley, marked by violence and protests in recent months. The two-day meeting of the GST Council that begins today will be chaired by Mr Jaitley and will be attended by…