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Finance Minister Arun Jaitley on Saturday said cases of willful default and bank fraud will have a detrimental impact on the government's objective of ensuring ease of doing business.
Finance Minister Yanamala Ramakrishnudu suggested that officials introduce new schemes in the upcoming Budget prioritising the welfare of the public.
Jaitley questioned the ethics of some businesses in the country and asked as to why the bank's internal and external auditors could not detect the fraud which had been going on for 7 long years.
Congress President Rahul Gandhi questions silences from PM Modi, Finance Minister Arun Jaitley on PNB fraud
Gandhi said on his social media handle: "Prime Minister Modi tells kids how to pass exams for 2 hours, but won't speak for 2 minutes on the 22,000 crore banking scam."
There are 57 major monuments in Hampi, most of them falling in the core zone of Hampi, which includes four villages spread across 41.8 sqkm.
Taking a leaf out of Prime Minister Narendra Modi’s politically charged replies in Parliament on Wednesday, Finance Minister Arun Jaitley charged the Congress of manufacturing allegations.
The former Union Finance Minister demanded to know as to how many jobs meeting International Labour Organisation standards were created in the last four years.
The Enforcement Directorate (ED) found a confidential Central Bureau of Investigation (CBI) report at the Jor Bagh residence of former finance minister during a raid.
Arun Jaitley says the market crash is due to negative global cues and not because of Budget proposals
The caution on the inflationary impact of rising global crude oil prices comes ahead of the RBI's final monetary policy review of the fiscal.
He said when it comes to matters of procurement, awarding contracts, and even public-private contracts, there has to be procedural fairness that the governments have to follow.
Finance Minister T M Thomas Isaac on Sunday courted controversy over the reimbursement of `1.2 lakh for his Ayurveda treatment bill.
Mani said the minister was rueing over the big gap in revenue receipts and expenditure of the state, but he made no sincere attempts to cut down the wasteful expenditure.
Regulators and policymakers must now lay out a clear roadmap on how they intend to regulate cryptocurrencies.
There’s rural distress, so agriculture needs immediate attention. Equally important is the need for job creation and economic growth. But private investment refuses to revive.