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Archive for February, 2011

Finance Minister will present the federal budget on Feb. 28

Indian Finance Minister Pranab Mukherjee will present the federal budget for the next fiscal year on Feb. 28, the minister for parliamentary affairs said Friday.
Mukherjee will table the budget papers for the year starting April 1 in the lower house of parliament, Pavan Kumar Bansal told mediapersons.
The railway budget and the annual economic survey [...]

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Mamata Banerjee meets Pranab Mukherjee for budget strategy

Railway Minister and Trinamool Congress chief Mamata Banerjee called on Union Finance Minister Pranab Mukherjee at the latter’s residence late on Friday.
During the meeting, Mukherjee sought help from the Trinamool chief in the smooth conduct of business in the coming budget session of Parliament.
Addressing media jointly after meeting, Mukherjee said: “I discussed with her [...]

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India is considering allowing new private sector banks

India is considering allowing newprivate sector banks, including by industrial houses, and aroadmap for the same could be announced in the annual UnionBudget to be presented later this month.
While the formal and final guidelines would be announcedby RBI on who should be allowed to set up new banks and whatshould be the terms and [...]

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  • Mamata Banerjee meets Pranab Mukherjee for budget strategy
  • India is considering allowing new private sector banks
  • FM meets RBI chief and financial sector regulators ahead of budget
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