Arun Jaitley also attended the Board of Governors meeting of the China-backed Asian Infrastructure Investment Bank (AIIB). BEIJING: Sky is the limit for investments in India and its economic growth is sustainable because it has a lot of distance to cover, Finance Minister Arun Jaitley said today. “It (growth) is sustainable for the reason that India has lot of distance ... Read More »
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India Needs $1.5 Trillion For Infrastructure: Arun Jaitley
Finance Minister Arun Jaitley said that India will undergo massive modernisation over the next 10 years, and needs $1.5 trillion for infrastructure development. BEIJING: HIGHLIGHTS India will undergo massive modernisation over next decade: Arun Jaitley This will generate growth, employment, pull many out of poverty, he says Government aims to connect thousands of villages by 2019 India needs over USD ... Read More »
India To Decide On Projects To Be Referred To AIIB: Arun Jaitley
“India has a massive infrastructure programme which is going on,” Arun Jaitley said. BEIJING: India has a massive infrastructure programme and will decide on which of the projects under it could be referred to the Asian Infrastructure Investment Bank (AIIB) for funding, Finance Minister Arun Jaitley today. Mr Jaitley made the remarks ahead of the crucial AIIB Board of Governors ... Read More »
Finance Minister Arun Jaitley Meets Chinese Counterpart In Beijing
Arun Jaitley, who arrived in Beijing on June 23, is scheduled to attend the annual Financial Dialogue at the ministerial level with Lou Jiwei on June 27. (PTI photo) BEIJING: Finance Minister Arun Jaitley today met his Chinese counterpart Lou Jiwei in Beijing and discussed the bilateral economic cooperation and the global macroeconomic situation. The two ministers talked about bilateral ... Read More »
Indiabulls Housing Finance To Raise Rs 300 Crore Via NCDs
New Delhi: Indiabulls Housing Finance on Saturday said it is planning to raise Rs 300 crore through issuance of non-convertible redeemable debentures. “The company proposes to issue 30,000 unsecured non-convertible redeemable debentures (Tier-II) in the nature of subordinated debt with a face value of Rs 1 lakh each aggregating to Rs 300 crore (plus greenshoe option) on a private placement basis,” ... Read More »
Instructions That Shock and Awe
Sometimes standard golf cart shocks just will not do. There are times when a more heavy-duty set of springs is either needed or desired. Fortunately, the process of installing them yourself is not too difficult. Here are step-by-step instructions on how to install heavy-duty springs on your shocks with the Yamaha Heavy-Duty Rear Spring Kit. 1. First, you will need ... Read More »
Win Star Trek Beyond Tickets and Merchandise
It’s the finale of our Star Trek Beyond giveaway. Just answer a simple question via the contest widget below and you’ll be entered in the contest. Five lucky winners will win Star Trek merchandise, while two others will walk away with Star Trek Beyond ticket vouchers. You can increase your chances of winning the contest by doing other activities listed ... Read More »
Japanese Messaging App Line Raises Over $1.1 Billion in IPO
Japanese messaging app Line’s initial public offering has raised more than $1.1 billion despite a lukewarm IPO market. Shares priced at 3,300 yen each, or $32.84 per US-traded share, Monday, the top of the predicted range. That suggests strong demand. Renaissance Capital, an IPO research firm, says it’s the biggest US IPO of the year. The stock will begin trading ... Read More »
Finance Minister’s Response To Subramanian Swamy Suggests ‘Enough’
Arun Jaitley said the government has “full confidence” in Arvind Subramanian as Chief Economic Adviser. NEW DELHI: HIGHLIGHTS BJP’s Subramanian Swamy demands sacking of Chief Economic Adviser Finance Minister says Arvind Subramanian has government’s confidence Finance Minister rebukes Swamy, who called for RBI chief Rajan’s removal The BJP’s Subramanian Swamy, who demanded the removal of Raghuram Rajan as Governor of ... Read More »
Biggest-Ever Spectrum Auction Cleared, May Fetch Rs 5.66 Lakh Crore
The Union Cabinet today approved auctioning of airwaves that could add lakhs of crores to the government’s coffers. Finance Minister Arun Jaitley termed the upcoming auction as the “biggest-ever” in India’s history. The mega-spectrum auction is estimated to fetch about Rs 5.66 lakh crore to the exchequer, which is more than double of telecom services industry gross revenue of Rs ... Read More »