Ministry of Finance (India)

Govt to look into all inflows

The government is reviewing norms for foreign investments into India, and has set up a committee to look into all the aspects of foreign investment in India, excluding foreign direct investment (FDI).

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India, US form partnership to guide economic ties

US Treasury Secretary Tim Geithner and Finance Minister Pranab Mukherjee announced the establishment of a new US-India Economic and Financial Partnership to strengthen bilateral engagement and understanding on macroeconomic,...

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SP, BJP members come to blows in Rajya Sabha

Scuffle as Amar Singh holds Ahluwalia by the collar, pushes him BJP members raise the slogan “Jai Shri Ram” as soon as Liberhan report is tabled House adjourned; Chairman takes dim view of the unruly scenes Photo: R. V. Moorthy...

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PepsiCo’s FDI plan gets FIPB clearance

The proposal is yet to get the Finance Ministry’s approval The latest application will take the company’s total investment to $655 million Moumita Bakshi Chatterjee New Delhi, Nov. 24 PepsiCo India Holding’s proposal for...

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India, US vow to expand strategic partnership for 'better world'

Vowing to expand the India-US 'global strategic partnership for a better world', Prime Minister Manmohan Singh and President Barack Obama have set an agenda in five key areas ranging from countering terrorism to stimulating...

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TPAs to cut tax on hospital bills

NEW DELHI: Third party administrators (TPAs) facilitating cashless health treatment in hospitals for those holding health insurance will have to deduct tax upfront when they make payments to hospitals on behalf of patients,...

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Unitech seeks approval to raise $700 m

25 Nov 2009, 0036 hrs IST, Arun Kumar & Deepshikha Sikarwar, NEW DELHI: India’s second-largest real estate company Unitech will raise $700 million through foreign currency convertible bonds (FCCBs). The company has sought...

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AAI may halve borrowing plan

The Airports Authority of India (AAI) is likely to trim its borrowing plan, picking up debt to the tune of only Rs 600 crore in the next four months as compared to the Rs 1,200 crore approved by the authority’s board recently....

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Gucci’s single brand FDI plan may get nod

Moumita Bakshi Chatterjee Bindu D. Menon New Delhi, Nov. 24 The Foreign Investment Promotion Board (FIPB) has recommended approving Gucci’s plans to pick-up 51 per cent stake in Luxury Goods Retail Ltd, under single brand...

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Centre-state financial ties to change with GST

Jyoti Mukul & Vrishti Beniwal / New Delhi November 25, 2009, 1:11 IST Constitutional amendment to be basis of new tax regime. The Constitutional amendment for the introduction of goods and services tax (GST) is likely to make...

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