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Feb 21 (IANS) Bollywood’s planned strike Feb 23 to protest against the imposition of a service tax on the film industry has been called off after a meeting with Finance Minister Pranab Mukherjee, industry officials said Tuesday. “This strike has been...
In a globalised world where major developed economies are going through turbulent times, growth cannot be taken for granted, Mukherjee said at the Assocham annual general meeting. However, the slowdown should be a temporary phenomenon, he said. "This...
The finance minister, Pranab Mukherjee, said that he expects current economic Economy would soon rebound to higher growth trajectory, Mukherjee said at the 91st annual session of Assocham here on Tuesday. India has to target near double-digit growth in...
“A tight monetary policy has impacted investment and consumption through higher cost of credit.” However, he said that the policy measures would ease capital control and make additional resources available to the infrastructure sector. The slowdown...
The government could look at providing greater tax concessions to banks for provisioning of their non-performing assets (NPA), which have steadily risen in the last one year. Loans to five sectors — telecom, textiles, power, aviation and the overall...
A battery of ministers, who are in the GoM on corruption -- Pranab Mukherjee, Kapil Sibal and Salman Khurshid, besides the department of personnel -- vehemently denied that there was any proposal to rein in EC by giving statutory backing to the Model...
He blamed the tight monetary policy measures by the country’s central bank and continuing uncertainties in the global economy for a slowdown in the Indian economic growth. Mr. Mukherjee has earlier said that that country might have to settle for GDP...
A fresh controversy broke out today (Feb 21) over reports to curtail powers of the Election Commission, but it was dubbed as "totally mischievous" by the Government which also said this may be considered as part of electoral reforms if political...
The central bank ran a 20-month interest rate tightening cycle until October to slow down inflation to 7 percent by March. Economists expect the RBI to cut its main policy rate by 100 basis points in 2012 from the current 8.5 percent. Finance Minister...
Yet, India is better placed than many other countries to face any global turmoil such as the eurozone debt crisis, according to him, and the economy would rebound to a high growth trajectory. "Continuing global uncertainty is also affecting India. The...
12,000 movie halls across the country will remain shut on February 23 to protest against the proposed service tax. President of Film Federation Of India (FFI) Vinod Lamba said that with the help of Minister of Information and Broadcasting Ambika Soni a...
According to the law minister, corruption largely has to do with government decisions and how can they be influenced and manipulated and where there should be clarity or objectivity. That is what the GoM on corruption is looking at, he said. Finance...
“India has to target a double-digit or near double-digit growth in the not too distant future. We must learn to sustain high growth over extended period of time,” he said while addressing a conference of the industry chamber ASSOCHAM. The economic...
Mukherjee said the government has for the first time allowed individual foreign investors other than institutional investors and foreign venture capital firms to invest directly in Indian capital markets. FDI inflows
The federation claimed that as a result of the one-day strike, over 9,000 standalone movie theatres will remain shut. Multiplexes, however, will not be a part of the strike. The Film Federation of India (FFI) is taking the step after its meeting with...
The federation claimed that as a result of the one-day strike, over 9,000 standalone movie theatres will remain shut. Multiplexes, however, will not be a part of the strike. The Film Federation of India (FFI) is taking the step after its meeting with...
Minister Pranab Mukherjee on Monday said that a “tight monetary stance has impacted growth”. A slowdown in direct investments in India has also impacted the current account deficit, he noted, adding that the country needs to aim for double digit growth,...
Pranab Kumar Mukherjee (Bengali: প্রনব কুমার মুখার্জী born December 11, 1935, West Bengal, India) is the Minister for External Affairs of India in the Manmohan Singh-led Government of India. A prominent leader of the Indian National Congress in the 14th Lok Sabha, he is known to be a competent party apparatchik, "a prominent Gandhi family... Full Article
Indian Finance Minister Pranab Mukherjee (2-L), Agriculture and Food Processing Industries Minister Sharad Pawar (L), Minister of State for Food, Consumer Affairs and Public Distribution K.V. Thomas (2-R) and Chairman of the Unique Identification Authority of India (UIDAI) Nandan...
View Photo »Indian Finance Minister Pranab Mukherjee gestures during the conference of Food and Agriculture Ministers of the States on prices of essential and public distribution systems and storage in New Delhi on February 8, 2012. Finance Minister Pranab Mukherjee inagurated the two-day conference.
View Photo »Indian Agriculture and Food Processing Industries Minister Sharad Pawar (L) talks with Indian Finance Minister Pranab Mukherjee during the conference of Food and Agriculture Ministers of the States on prices of essential and public distribution systems and storage in New Delhi on...
View Photo »Indian finance minister Pranab Mukherjee (L) and Deputy Minister of State Namo Narain Meena attend a pre-budget meeting with directors of banking and financial institutions in New Delhi on January 19, 2012. Mukherjee will present the national 2012 budget in parliament at the end of...
View Photo »Indian finance minister Pranab Mukherjee gestures during a pre-budget meeting with directors of banking and financial institutions in New Delhi on January 19, 2012. Mukherjee will present the national 2012 budget in parliament at the end of February.
View Photo »Indian Finance Minister Pranab Mukherjee arrives at parliament house in New Delhi, India, Thursday, Dec. 22, 2011. India's government has introduced in parliament a bill to create an anti-corruption watchdog, but activists said the exclusion of the country's top investigative agency...
View Photo »Indian Finance Minister Pranab Mukherjee arrives at Parliament in New Delhi on November 23, 2011. Price rises, black money, and Telangana were among a host of issues that disrupted Parliament on the second day of the winter session.
View Photo »Indian Finance Minister Pranab Mukherjee arrives on the first day of the winter session of Parliament in New Delhi, India, Tuesday, Nov. 22, 2011.
View Photo »Indian finance minister Pranab Mukherjee (L) gestures as he arrives for the winter session in Parliament in New Delhi on November 22, 2011. National Democratic Alliance (NDA) boycott of Indian Home Minister P. Chidambaram on the 2G telecom issue, rising prices and demand for a separate...
View Photo »India's Finance Minister Pranab Mukherjee (R) reacts while speaking to Trade Minister Anand Sharma during the inauguration of the 31st edition of India International Trade Fair (IITF) in New Delhi November 14, 2011. Sharma, called the country's recent export data "very disturbing" but...
View Photo »Indian Finance Minister Pranab Mukherjee (C) poses with a cow that he is handing over to a farmer during the launch of the Cattle Finance Scheme for Marginal Dairy Farmers in Mumbai on November 7, 2011. Through the scheme marginal dairy farmers in Maharashtra state will now be able to...
View Photo »Planning Commission Deputy Chairman Montek Singh Ahluwalia (R) talks with Indian Prime Minister Manmohan Singh (C) as Finance Minister Pranab Mukherjee (L) looks on during the inauguration of the 56th meeting of the National Development Council (NDC) in New Delhi on October 22, 2011. ...
View Photo »Indian Agriculture Minister Sharad Pawar (L) talks with Finance Minister Pranab Mukherjee during the inauguration of the 56th meeting of the National Development Council (NDC), in New Delhi on October 22, 2011. Indian Prime Minister Manmohan Singh expressed concern over the slowing...
View Photo »India�s Finance Minister Pranab Mukherjee smiles during a business conference in New Delhi October 17, 2011. India is on track to achieve growth of up to 9 percent in the medium-to-long term and should invest in quality infrastructure to keep up momentum in the economy, Mukherjee said...
View Photo »OECD Secretary-General Angel Gurria (L) talks to World Bank President Robert Zoellick (C) and India's Finance Minister Pranab Mukherjee (R) at the G20 meeting of Finance Ministers and Central Bank Governors at the Finance Ministry in Paris October 15, 2011.
View Photo »IMF head Christine Lagarde (L) shakes hands with India's Finance Minister Pranab Mukherjee (R) next to Reserve Bank of India (RBI) deputy Governor Subir Gokarn (C) at the G20 meeting of Finance Ministers and Central Bank Governors at the Finance Ministry in Paris October 15, 2011.
View Photo »IMF head Christine Lagarde (C) talks to India's Finance Minister Pranab Mukherjee (R) next to Reserve Bank of India (RBI) deputy Governor Subir Gokarn before the beginning of a meeting on the second day of the G20 meeting of Finance Ministers and Central Bank Governors on October 15,...
View Photo »OECD Secretary-General Angel Gurria (L) talks to World Bank President Robert Zoellick (C) and India's Finance Minister Pranab Mukherjee (R) before the beginning of a meeting on the second day of the G20 meeting of Finance Ministers and Central Bank Governors on October 15, 2011, in Paris.
View Photo »IMF head Christine Lagarde (C) talks to India's Finance Minister Pranab Mukherjee (R) next to Reserve Bank of India (RBI) deputy Governor Subir Gokarn at the G20 meeting of Finance Ministers and Central Bank Governors at the Finance Ministry in Paris October 15, 2011.
View Photo »OECD Secretary-General Angel Gurria (L) talks to India's Finance Minister Pranab Mukherjee (R) at the G20 meeting of Finance Ministers and Central Bank Governors at the finance ministry in Paris October 15, 2011.
View Photo »IMF chief Christine Lagarde (C) speaks with India's Finance Minister, Pranab Mukherjee (L) before the beginning of a meeting on the second day of the G20 meeting of Finance Ministers and Central Bank Governors on October 15, 2011, in Paris. Finance ministers and central bank governors...
View Photo »India's Finance Minister, Pranab Mukherjee, arrives for a two days meeting at the Cite de l'Architecture in Paris, Friday, Oct. 14, 2011. Finance ministers and central bank governors of the world's leading economies are gathering in Paris to discuss how to save Greece from bankruptcy,...
View Photo »Indian Home Minister P.Chidambaram (R), Finance Minister Pranab Mukherjee (L), and Minister of Foreign Affairs S.M. Krishna (C) sit during a meeting between Indian Prime Minister Manmmohan Singh and Vietnamese President Truong Tan Sang in New Delhi on October 12, 2011. Chidambaram and...
View Photo »Activists from Shiv Sena Hindustan (SSH) burn posters of Indian Home Minister P.Chidambaram and Finance Minister Pranab Mukherjee as they protest the Congress-led United Progressive Alliance (UPA) government in New Delhi on September 27, 2011. SSH protested the controversy over finance...
View Photo »India's Finance Minister Pranab Mukherjee speaks at the BRICs finance ministers' news conference during the annual International Monetary Frund (IMF)-World Bank meetings in Washington September 22, 2011.
View Photo »Indian Finance Minister Pranab Mukherjee (2-L), Agriculture and Food Processing Industries Minister Sharad Pawar (L), Minister of State for Food, Consumer Affairs and Public Distribution K.V. Thomas (2-R) and Chairman of the Unique Identification Authority of India (UIDAI) Nandan...
View Photo »Along with the IIP numbers for November 2011, the recent headline inflation figures indicate some improvement in the overall macro-economic parameters in the second half of 2011-12
I have contacted the Congress high command, Union Finance Minister Pranab Mukherjee and Murshidabad district Congress chief Adhir Chowdhury and requested them to allow me to quit the ministry
Headline inflation should be between 6 and 7 percent in March-end, 2012
Some proposals have come to us. These are some policy matters and a decision will be taken only after discussing with other important ministers like Finance Minister ( Pranab Mukherjee).
The manufactured inflation and inflation in the power group of items have also declined though only marginally, therefore, continued to be a cause of concern
Finance Minister Pranab Mukherjee has agreed to meet the trade unions after the Union Budget is presented by the government. Singh on his part also demanded establishing National Social Security Authority of India by merging other authorities like EPF, ESI etc and demanded Rs 10,000 per month keeping th...
The manufactured inflation and inflation in the power group of items ... Continued to be a cause of concern
In my 17 years in the sector - I have never seen such a power call.to meet seven top functionaries starting with the Prime Minister and including Pranab Mukherjee, Salman Khurshid, Kapil Sibal, Anand Sharma among other officials - all in just one day, is historic
The manufactured inflation and inflation in the power group of items ... continued to be a cause of concern
When finance minister Pranab Mukherjee went to Washington in June, US treasury secretary Timothy Geithner said he wants to see progress in reforms in banking, insurance and multi-brand retail. Similarly, Britain had said it wants India to open up the multi-brand retail sector
We need to manage our receipts and payments so that our fiscal deficits, sovereign borrowings and debts are within manageable limits
Taking all these opinions, Mr. Pranab Mukherjee told all of us that they would consult the Prime Minister and the cabinet colleagues and come back to us. No body from the government has come back to us. So, we do not know what the government is planning to do
If this trend continues, perhaps we may have the year-end inflation at around 6-7 per cent.
It is after that we would be able to propagate and promote those measures so that the common man is not made to believe that the government had not taken any concrete step or there was lack of willpower on the part of the government. So all the important steps that have been taken by the government was ...
After the month of August, for the first time it (food inflation) has come down to 8 percent
Yesterday, they (Central Government) called a meeting, there it was decided, after hearing, Pranab Mukherjee (Finance Minister) said that he will come back to us, but already more than 24 hours passed, but there is no communication from the government side
Second quarter GDP figure has come. Of course, there was speculation in the market that it would be somewhere between 6.5 percent and to 7 percent and it is 6.9 percent. No doubt, it is well below my projections during the time of the Budget
While replying to the Calling Attention Motion of Gurudas Dasgupta (lawmaker), Finance Minister Pranab Mukherjee himself told Parliament that 'we will consult the states and hold wider consultations before taking the decision (FDI in retail). We are not in hurry'. I have failed to understand what caused...
We are trying our best to remove the logjam, but we are not the only party and we do not create logjam ourselves. We always want, we are ready for discussions and we are also ready for carrying on the business in the Parliament in a normal way. But unfortunately, we are unable to carry conviction to our...
Pranab Mukherjee said on the floor of the House (Parliament) that FDI wouldn't be permitted (in retail sector) without consulting Parliament. We want to say that it should be rolled back and Parliament should function
Had it been 10 years ago, this would have elated me. But today, I cannot have that satisfaction because we had reached higher trajectory of growth -- from there we are slipping
We are sending a strong-worded letter to the finance minister (Pranab Mukherjee [ Images ])
We're having multiple problems
We are sending a strongly worded letter to the finance minister (Pranab Mukherjee). When we are trying to have a congenial atmosphere for GST (goods and services tax), this should not be a bone of contention between the Centre and states
Taking into account (the trend) of the last two quarters together, it appears that the GDP growth would be around 7.3 per cent ... The growth performance is not all that disappointing.
