The Vijay Mallya case has come under the British judicial process and Indian agencies are making their best effort to have him face trial in India, the Centre said on Wednesday.
"The case (Mallya) is now part of the judicial process in that country (UK) and, as such, will function on judicial considerations," Finance Minister Arun Jaitley told reporters here.
The Union Minister for Finance Arun Jaitley will leave on a five day official visit to USA on Wednesday to participate in the Spring Meetings of the World Bank and International Monetary Fund (IMF). The Finance Minister will leave tomorrow evening i.e., 19th April, 2017 and will arrive at Washington, USA on early morning on 20th April, 2017.
The official delegation led by the Finance
The Finance Ministry will nudge at least 6 public sector lenders to hit markets to raise funds and ease the pressure on the exchequer of pumping in capital as per the Indradhanush plan, said the PTI report. Commenting on the development, a senior finance ministry official told PTI that, “Time has come for banks to tap capital market and we think that at least half a dozen banks would take
Union Finance Minister Arun Jaitley on Friday said that India of today is defined by openness to change and gender parity is coming to the fore.
"India is more open to change than any other country and where the nature of the economy was defined by ideas, knowledge and the depth of innovation," he said after releasing 'Gender Parity index', a study report commissione
Finance Minister Arun Jaitley and his ministry officials presented to the Council of Ministers a blueprint for launch of the path-breaking GST from July 1 to transform the Indian economy, reported PTI. Revenue Secretary Hasmukh Adhia made a detailed presentation to the Council -- the supreme executive organ headed by Prime Minister Narendra Modi -- on how the Goods and Services Tax (GST) will b
The Indian Government has said that Mission Indradhanush to infuse capital in public sector banks is not the last step as far as their recapitalisation is concerned. Commenting on the issue, Finance Minister Arun Jaitley told the media, “The government was making all efforts to ensure that the health of the banking sector improves and the banks are repaid. The NPA problem related to some
Finance Minister Arun Jaitley on Tuesday said the government is taking various steps to drive credit growth and expansion of the economy, including recapitalisation of public sector banks.
"The government has carried out the exercise of capitalisation of Public Sector Banks (PSBs) to conform with regulatory capital norms as well as for driving credit growth to cater to the needs
British Defence Secretary Michael Fallon, who arrives here on Tuesday on a four-day visit, will hold talks with his Indian counterpart Arun Jaitley during the first India-UK Strategic Dialogue.
Fallon, the third British Cabinet Minister to visit India in April, will also visit Mumbai. He will also meet Indian Defence Ministry officials, military staff, business and opinion leaders, th