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Tag Archives: arun jaitley

‘Ex-RBI head warned against loan waiver promises by parties’

  New Delhi: An ex-Governor of the Reserve Bank of India (RBI) had pointed to the risks in the practice of political parties promising loan waivers during poll campaigns to the Election Commission, Parliament was informed on Friday. In a written reply submitted to the Lok Sabha during Question Hour, Finance Minister Arun Jaitley said that…

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LS passes bill on changes in bankruptcy code

  New Delhi: The Lok Sabha on Friday passed a Bill that seeks to amend the Insolvency and Bankruptcy Code (IBC) to plug potential loopholes and prohibit “certain persons”, such as wilful defaulters, from submitting resolution plans to let them take charge of the company. The Insolvency and Bankruptcy Code (Amendment) Bill, 2017 was passed after…

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BJP moves privilege motion against Rahul for ‘mocking’ Jaitley

  New Delhi: The Bharatiya Janata Party (BJP) on Thursday moved a privilege motion in the Rajya Sabha against Congress President Rahul Gandhi for “mocking” Finance Minister Arun Jaitley by “twisting” his name. BJP member Bhupendra Yadav moved the motion under Rule 187, against Gandhi and urged the Chair to take notice of the alleged breach…

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Vijay Rupani stays as Gujarat CM, Nitin Patel his deputy

  Gandhinagar: Vijay Rupani will continue as the Chief Minister of Gujarat and Nitin Patel as his deputy, the BJP announced on Friday after Finance Minister Arun Jaitley oversaw a meeting of the party’s newly-elected MLAs. The legislators unanimously elected Rupani as leader of the BJP’s legislature party, Jaitley told reporters. He said Patel was elected…

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Government, opposition to discuss Modi’s allegations against Manmohan Singh

  New Delhi: The government on Tuesday invited all the opposition parties to discuss a way out of the impasse in the Rajya Sabha over the allegations levelled by Prime Minister Narendra Modi against his predecessor Manmohan Singh. The Congress, which has been demanding Modi’s apology over the remarks, agreed to the idea after Rajya Sabha…

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Vote for ‘Gujarat model’, reject those opposing it: Shah

  Ahmedabad: Bharatiya Janata Party (BJP) President Amit Shah on Thursday appealed to the people to vote for the ‘Gujarat model’ of development and reject those who are against it. “To maintain the pace of development, I appeal to people to vote in large numbers,” Shah told reporters after casting his vote in Ahmedabad’s Naranpura. “Gujarat’s…

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President approves bankruptcy code ordinance 

  New Delhi: An ordinance that bars wilful and habitual defaulters from bidding for stressed assets was promulgated on Thursday with tough provisions to prevent any attempts by them to regain control of companies in difficulty. President Ram Nath Kovind on Thursday signed the ordinance that amends the Insolvency and Banking Code (IBC) 2016 which was…

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Winter session will be held, delays happened earlier too: Jaitley

  Gandhinagar: Countering opposition criticism, Finance Minister Arun Jaitley on Monday said the Winter Session of Parliament would “certainly” be held, adding that Parliament sessions have been delayed in the past as well. “It has happened several times that Parliament sessions are rescheduled when an election is happening and timing is decided in such a way…

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Farmers can be paid Rs 2 lakh in cash: CBDT

  Bhopal: Traders can pay farmers up to Rs 2 lakh in cash against the purchase of their wheat produce notwithstanding income tax rules, the Central Board of Direct Taxes has said. The move comes due to disaffection among farmers as they were not being paid even Rs 50,000 in cash for agricultural produce bought under…

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