Search Results for: arun jaitley

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UN special envoy Michael Bloomberg meets Finance Minister Arun Jaitley

New Delhi, Feb 16 (ANI): UN Special Envoy for Cities and Climate Change, Michael Bloomberg, on Monday (February 16) met India's Finance Minister Arun Jaitley and Urban Development Minister Venkaiah Naidu in New Delhi with bids to help India develop smart cities and move closer to cleaner energy. Bloomberg, the founder of financial software, data and media company Bloomberg L.P., is also slated to meet Prime Minister, Narendra Modi, later in the day. As per reports, Bloomberg's charitable foundation, Bloomberg Philanthropies will assist India's Urban Development Ministry to handpick cities for the smart-city project on the basis of urban reforms like sanitation and ease of doing business, to be implemented in a 10-year period. Modi has pledged among other development goals, to establish 100 new 'smart' cities, creating new logistic hubs and residential townships. Feb 16, 2015
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India's retail inflation accelerates in January, but stays below RBI's target

New Delhi, Feb 13 (ANI): India's retail inflation accelerated in January after shifting to a new base year for calculating prices, but stayed well below the Reserve Bank of India's (RBI) target, bolstering prospects for further interest rate cuts. Consumer prices rose an annual 5.11 percent compared with a 4.28 percent gain in December, the statistics department said on Thursday (February 12) after it changed the base year for measuring inflation to 2012 from 2010. Under the old series, inflation was reported at 5 percent in December. The revamped index carries a higher weight for education and health services, but has a lower weight for food and fuel items, which authorities say better reflects changing consumption patterns. The RBI aims to keep inflation at or below 6 percent in the period to January 2016 and is widely expected to resume its monetary easing after Finance Minister Arun Jaitley presents his annual budget on February 28. Feb 13, 2015
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Deepening bonds with India key priority of US: Jacob J Lew

New Delhi, Feb 12 (ANI): While addressing mediapersons after meeting Finance Minister Arun Jaitley, US Secretary of Treasury Jacob J Lew on Thursday said that deepening bonds with India is the key priority of the States. Lew said that the country is standing ready to be a partner with India as the later makes progress in reform programs. He also said that the two nations share a lot in common and that can act as driving factor for taking the relations of the two nations forward. Feb 12, 2015
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Discussed global economic situations and relations between two nations with US Treasury Secretary: J

New Delhi, Feb 12 (ANI): Finance Minister Arun Jaitley after meeting US treasury secretary Jacob J Lew on Thursday said that the two discussed wide range of issues including global economic situation and also relations between the two nations. Jaitley said that the two discussed money laundering and terrorism funding, among others. Earlier, the two leaders met in the presence of RBI Governor Raghuram Rajan. Lew is in India to attend the fifth US-India Economic and Financial Partnership Dialogue in New Delhi. Feb 12, 2015
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Finance Minister Arun Jaitley meets US Treasury Secy Jacob Lew

New Delhi, Feb 12 (ANI): Finance Minister Arun Jaitley met US treasury secretary Jacob J Lew on Thursday. RBI Governor Raghuram Rajan was also present at the meeting. Lew is in India to attend the fifth U.S.-India Economic and Financial Partnership Dialogue in New Delhi. He recently met Indian business leaders in financial hub Mumbai at the Confederation of Indian Industry (CII) and US-India Business Council Roundtable ahead of the dialogue in Delhi that will focus on capital market reforms and economic policies between the two countries. Lew's trip to India marks the first Cabinet-level visit after the successful visit of US President Barack Obama to India last month. Feb 12, 2015
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