Search Results for: arun jaitley

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Number of political and corporate leaders attend Dinner hosted by Pranab Mukherjee for US President

New Delhi, Jan 25 (ANI): A number of political and corporate leaders arrived at President's House to share table with US President Barack Obama in tonight's banquet. As the dinner hosted by President Pranab Mukherjee in honour of US President Barack Obama at the Rashtrapati Bhavan started, the chief guest for this year's Republic Day celebrations, Obama arrived at the venue with magnificent American First Lady Michelle Obama. Obama dressed in tuxedo while Michelle in elegant floral blue dress were greeted by President Mukherjee at the gate. Followed by the guest of honour, came other VVIPs which included Former President APJ Abdul Kalam, Union ministers Harsh Vardhan, Arun Jaitley, Venkaiah Naidu, Sushma Swaraj, Rajnath Singh among others. The US President will also be accompanied by Congress President Sonia Gandhi, Manmohan Singh, Lok Sabha Speaker Sumitra Mahajan, Vice President Hamid Ansari and others at the dinner. Jan 25, 2015
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Obama reaches Rashtrapati Bhawan, receives Guard of Honour

New Delhi, Jan 25 (ANI): US President Barack Obama on Sunday reached the Rashtrapati Bhawan and was given a ceremonial reception by President Pranab Mukherjee. President Obama was accorded a ceremonial reception at the forecourt of the Rashtrapati Bhavan, with a grand welcome ceremony followed by the Guard of Honour, where the battalion was led by a woman officer. The US President also received a 21-gun salute. National anthems of both nations were also played to welcome the President. President Obama also then, met Prime Minister Narendra Modi, Union Ministers Manohar Parrikar, Arun Jaitley, Venkaiah Naidu, Sushma Swaraj and Rajnath Singh, along with Delhi Lieutenant Governor Najeeb Jung. Minister of State Piyush Goyal was also present at the occasion. Jan 25, 2015
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Vasundhara Raje meets Power & Finance ministers to discuss economy crisis in Rajasthan

New Delhi, Jan 23 (ANI): Rajasthan Chief Minister Vasundhara Raje met Union Minister of Power Piyush Goyal and Minister of Finance Arun Jaitley to discuss economic crisis in the state. Raje has requested financial support for debt-ridden power companies and Bhamashah scheme. In a detailed report about red balance sheets of power companies in the state, Raje apprised finance minister about financial position of these firms. Along with this, she asked for generous grants for other welfare schemes launched and running in the state. Jan 23, 2015

Govts banking for all scheme surpasses target: Jaitley

New Delhi, Jan 21 (ANI): Prime Minister Narendra Modi’s promise to end “financial untouchability” with a scheme to ensure majority of households in the country of nearly 1.3 billion people has a bank account has almost been fulfilled, according to Finance Minister Arun Jaitley. Jaitley announced that the scheme called Pradhanmantri Jan Dhan Yojna (PJDY) or Prime Minister’s National Mission on Financial Inclusion, has achieved its target well before the deadline. According to the ministry of finance, by January 17, 2015 a record number of 115 million bank accounts have been opened in the country. Jaitley acknowledged the role of bank employees in achieving this ambitious target. Jan 21, 2015

Lack of confidence in euro zone has been overcome, says German finance Minister in New Delhi

New Delhi, Jan 21 (ANI): German Finance Minister, Wolfgang Schauble, said the euro zone has overcome a lack of confidence and is working to boost growth, but emerging nations should take the lead in reviving the global economy, in a seminar at New Delhi. Schauble, who is on a two-day India visit, to enhance bilateral economic relations, addressed a seminar entitled "Europe and India in the face of Globalisation" hosted by the Indian business group Federation of Indian Chambers of Commerce and Industry (FCCI) where he reassured India that the euro zone is not about to lurch into a fresh crisis. Asked about the impact of the Russia-Ukraine conflict, Schaeuble said whole of Europe has faced a lot of problems with Russia, but the most problems are faced by Russia itself. Europe would "deliver its fair contribution" to global growth, Schauble also said, while calling on emerging economies like India to make a bigger contribution. Later in the day, Schauble held a bilateral meeting with Indian counterpart, Arun Jaitley, in the capital. On Monday (January 19) Schauble also met Indian Prime Minster, Narendra Modi. Jan 21, 2015
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PM Modi meets German finance minister to boost bilateral ties

New Delhi, Jan 20 (ANI): Prime Minster Narendra Modi met German Finance Minister Wolfgang Schuble, who is on a two-day India visit, to enhance bilateral economic relations. The meeting was described as a courtesy call by the Prime Minister's Office (PMO). Earlier in the day, Schuble, at a meeting with businessmen at Confederation of India (CII) expressed keen interest in working with India on the manufacturing sector, especially in the auto and solar energy industries. Schuble's announcement of the German manufacturing industry's readiness to participate in Modi's 'Make in India' policy comes after US Secretary of State John Kerry brought up worries of the Obama administration over the initiative. The German Finance Minister is scheduled to hold talks with Indian Finance Minister Arun Jaitley on Tuesday. Jan 20, 2015
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Government to boost public spending on infrastructure

Chennai, Jan 19 (ANI): Union Finance Minister Arun Jaitley on Monday (January 19) said that the government will increase public spending on infrastructure in months to come. The government estimates the country needs to spend $800 billion on infrastructure to grow seven percent per annum, sharply higher than around 5.5 percent projected by the Reserve Bank of India for the current fiscal year that ends in March. Addressing Confederation of Indian Industry (CII) summit in India's southern Chennai city, Jaitley said that the public spending on infrastructure would have to increase because the old Purchasing Power Parity (PPP) model was under stress and needed to be revived. Jaitley had promised imminent changes pushing ahead key reforms such as the introduction of a nationwide sales tax. Jan 19, 2015
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