Manmohan Singh cleaned up the department of corrupt officers at a very high level in one big sweep.
Property developers are unlikely to pass on any benefit to homebuyers in the form of price cuts
Lack of demand ails the economy. But that's not addressed, nor are declining exports; the bad old habit of 'loan melas' is back; and tax has been cut in a way that hurts states, writes T N Ninan
About 18 cos had announced buybacks worth nearly Rs 15,000 crore between April 1 and July 5
The bull market led the market capitalisation of the BSE-listed companies to soar Rs 6,82,938.6 crore to Rs 1,45,37,378.01 crore in single day
Shaw, head of Biocon, had earlier wondered why the finance minister, and not the health minister, addressed the press conference
While Sitharaman tweets regularly about her ministry's achievements and her personal life, including her love for making pickles, she's rarely responded to social media criticism
Disappearance of public sector banks will be resented by the common man
Car companies' demand for a tax cut will be decided at the GST Council's meeting in Goa on September 20, says the finance minister.
The government can have its cake and eat it too if it allows mega banks to run independently and turn others into vehicles for social banking
According to official sources, the finance ministry will review the progress made by various CPSEs with regard to their capital expenditure
The representatives of the infrastructure sector expressed their issues and concern to the finance minister during the meeting
Excitement in the markets may lull the government into wrongly believing that all the economy's woes are over and the problems have been fixed
The RBI's efforts should therefore move towards a market-determined benchmark cost for funds
His commitment to Narendra Modi was total and he did his best to justify them
The move is expected to generate an additional lending and liquidity in the financial system to the tune of Rs 5 lakh crore, she said at a press conference
To chair another meeting to discuss stalled projects
The set of measures being firmed up by the finance ministry is based on the feedback received by Finance Minister Nirmala Sitharaman during her interactions with different stakeholders
Presenting her maiden Union Budget, Sitharaman said the government has already written to Sebi regarding the matter
Like Nirmala Sitharaman, India's first finance minister, R K Shanmukham Chetty, was from Tamil Nadu. And so were T T Krishnamachari, C Subramaniam, R Venkataraman and P Chidambaram