Mentioning that the foreign fund inflow has touched $15 billion this year, Finance Minister Pranab Mukherjee has mentioned that India would be monitoring the inflow of such funds, according to the needs.
 
"It is not a matter of concern. We have a system of monitoring the flows”, ...

Finance Minister Pranab Mukherjee, while mentioning that the paddy production and procurement may fall short by about 14-15 million tonnes, has said that the nation may have to import rice.
 
"There is a projection that there will be a shortfall of our kharif (summer) crop. So we may ...

Finance Minister Pranab Mukherjee mentioned on Monday that even though competition in agricultural sector would be the “litmus test” to common man, it would bring in lots of benefits.
 
"There is a scope to include competition in the agriculture market. The real litmus test ...

Finance Minister Pranab Mukherjee, while being optimistic about India’s growth, has mentioned that the nation would definitely be able to touch 9-10% growth during the initial years of the 12th Five Year Plan.
 
"I will be happy if I have 7 per cent plus (GDP) for the next year ...

Union Finance Minister Pranab Mukherjee, while addressing the India Economic Summit being held at New Delhi, has mentioned that the fiscal stimuli packages will be continued for giving a boost to the domestic demand till recovery is stabilized.
 
"There is need of generating strong ...

Union Finance Minister Pranab Mukherjee, while addressing the India Economic Summit of the World Economic Forum in New Delhi, has mentioned that India will be reviewing the double taxation avoidance treaties after accusations regarding Indians hiding their unaccounted money in Swiss ...

Finance Minister Pranab Mukherjee said that India had left the issues related to climate change to UN Framework Convention on Climate Change as its stand on the funding to tackle climate change were not adhering to the stand of developed nations.
 
"There is a commitment that ...

Indian Finance Minister Pranab Mukherjee has urged the developed nations to "contribute substantially" the funds required for tackling global climate changes.
 
"Developed countries will have to contribute substantially. It can be supplemented by carbon market, by private ...

Finance Minister Pranab Mukherjee has mentioned that the soaring prices of food grains is expected to lower "after a month or so" as a result of steps taken to import food and build up a buffer.
 
"Though the production of grains has been hit, there are adequate buffer ...

Citing the urgent need to cut India's fiscal and revenue deficits, Finance Minister Pranab Mukherjee has ruled out any further special packages to stimulate the Indian economy.
 
But, he added, the timing of its exit from the stimulus strategy will be of India's choosing -- to be determined ...

Finance Minister Pranab Mukherjee has mentioned that there are no chances for India and China to develop a fight on the border conflicts. He also mentioned that the trade between India and China is "expanding very fast".
 
"I do not visualise any conflict on the border dispute ...

Union Minister for Commerce Anand Sharma, while addressing the World Economic Forum's India Economic Summit, has mentioned that the government is planning to restore the 9% growth within 2 years.
 
"We have come down from a GDP (gross domestic product) growth of 9.5 percent, which was ...

India has mentioned on Sunday that India’s dispute with China can be resolved via dialogues.
 
"It is true that we have differences with China on border. But, we have agreed to resolve them through dialogue," said Finance Minister Pranab Mukherjee while addressing the media ...

Finance Minister Pranab Mukherjee has mentioned that the government will implement the new direct tax code only after it holds consultation with taxpayers and the corporate sector as he wants the new taxation regime to exist for another 50 years.
 
"The government would make all efforts ...

Union Finance Minister Pranab Mukherjee has mentioned that government will be continuing with the stimuli packages which it started off during December last year will be made available till the economy stabilizes.
 
"For the present, I maintain that the fiscal stimulus will have to ...

Finance Minister Pranab Mukherjee will be inaugurating the 2-day Annual Economic Editors' Conference at the National Media Centre on Tuesday. The conference will hold separate sessions with the cabinet ministers as well as senior officers.
 
The conference is meant for enabling economic ...

Finance Minister Pranab Mukherjee has mentioned that he wished to retire from his political career in 2014, when the current tenures of UPA will end.
 
"When this tenure will be over, I will be 79. Perhaps that is the time for having a little bit of rest", replied The FM when asked ...

Finance Minister Pranab Mukherjee, while addressing the HT Leadership Summit in New Delhi, mentioned that despite the fact that India’s economy is showing a high growth trajectory, the recovery is a slow and halting one.
 
He mentioned that the FM has set a 9% growth target for the ...

Finance minister Pranab Mukherjee has mentioned that government will be continuing the stimuli package till the symptoms of economic recovery stabilize.
 
"Until the economy is on a firm recovery path, the stimulus will continue," Mukherje told reporters outside his North Block ...

Government has mentioned that it will be implementing the proposed Direct Taxes Code during 2011-12, after all the issues regarding the proposals including the taxation of retirement benefits, weeding out incentives for housing sector and changes in the Minimum Alternate Tax are ...

National Skill Development Corp was launched by Finance Minister Pranab Mukherjee on Tuesday on a PPP basis so that India's workforce in 21 high-growth industries gets a boost.
 
The new corporation, in which the ratio of stake is 49:51 between the government and the industry, will primarily ...

Finance Minister Pranab Mukherjee has mentioned that the new direct tax regime will be effective from 2011. This will offer rationalised rates and simplified procedures to people. Stakeholders can still express their views for finalising the proposal.
 
"We want to present all ...

Indian Finance Minister Pranab Mukherjee, who is attending the World Bank meet in Istanbul, on Monday, has called up for more voting rights for emerging nations in multilateral lending institutions. He has also demanded the rich nations to keep the word they gave during the G20 Summit in ...

A panel consisting of four people has been formed by Indian Prime Minister Manmohan Singh to look into the dispute over natural gas between Mukesh Ambani’s Reliance Industries and the ADAG group.
 
The panel which is led by Finance Minister Pranab Mukherjee includes Petroleum Minister ...

Union Finance Minister, Pranab Mulherjee, released the draft for the proposed new Direct Tax Code that had the following salient features.
 
What is it meant for?
 
The Direct Tax Code will be replacing the existing Income Tax Act that had come into existence in 1961, which had ...

India's flagship project - Pan-African e-Network, which will kick off today will have delegates from 31 African countries. This workshop has leading universities and hospitals in this country with their counterparts in the continent.
 
The workshop that has been organised jointly by the ...

Pranab Mukherjee has proposed some more concessions in direct and indirect taxes, especially for infrastructure, housing and food processing industries, to push the country's growth.
 
The proposed measures were announced during Mukherjee's reply to the debate in the Lok Sabha, on the ...

Pranab Mukherjee, the Union Finance Minister, on Sunday ruled out privatisation of nationalized banks and said that market economy was not the solution to the nation's economic problems.
 
Recalling that the late Prime Minister Indira Gandhi had nationalised banks 40 years ago in 1969, ...

The Union Finance Minister Pranab Mukherjee on Tuesday said that the government has postponed its plans for divesting the stake in RITES Ltd, the engineering consultancy and project management arm of the railways ministry.
 
"The public offering of RITES Ltd has been deferred for the ...

Indian central government is preparing a roadmap for merging the wholesale price index and the consumer price index said the Union Finance Minister Pranab Mukherjee.
 
"A committee has been formed under the Central Statistical Organisation which is studying the trends in the wholesale ...