'Ex-Nepal prince involved in fake currency racke'August 31st, 2009 NEW DELHI - Nepali nationals caught by the Madhya Pradesh ATS in connection with fake currency racket have revealed Nepal's former prince Paras's link to India's most wanted terrorist Dawood Ibrahim. Paras is the son of the former Nepal king Gyanendra, who has now taken refuge in Singapore.
Divestment is part of government agenda: MukherjeeJuly 14th, 2009 NEW DELHI - Finance Minister Pranab Mukherjee Tuesday said the United Progressive Alliance (UPA) government remained committed to divesting stakes in the state-run companies, but without diluting their public sector character. Replying to the debate on the national budget in the Lok Sabha, the lower house of parliament, the finance minister said there was some disappointment that not enough was said on the government's divestment policy in his July 6 budget speech.
Excise duties for big cars reducedJuly 6th, 2009 NEW DELHI - The government Monday reduced duties on large cars while unveiling the 2009-10 budget proposals. A leading NGO said this would increase air pollution in a big way.
Budget a difficult balancing act: RangarajanJuly 6th, 2009 NEW DELHI - Former Reserve Bank of India (RBI) governor C. Rangarajan said Finance Minister Pranab Mukherjee's union budget presented in parliament Monday was a difficult balancing act.
Pranab Mukherjee to present general budget todayJuly 6th, 2009 NEW DELHI - Union Finance Minister Pranab Mukherjee will present the first general budget at 11am today in Lok Sabha. This is the first general budget of the UPA government after coming to power for second term.
Sonia to Congress MPs - 'Don't irritate Mamata' (Parliament Diary)July 3rd, 2009 NEW DELHI - Aware of Railway Minister Mamata Banerjee's temper, Congress president Sonia Gandhi Friday gestured her party MPs not to upset her when she presented the railway budget in the Lok Sabha. Banerjee clashed with Communist Party of India-Marxist (CPI-M) MPs as she began her budget speech.
Manmohan Singh looks forward to budget with great expectationJuly 1st, 2009 NEW DELHI - Prime Minister Dr. Manmohan Singh on Wednesday said that the government was looking forward to the Budget session of the Parliament with great expectation.
Pranab Mukherjee holds pre-budget parleys with Congress leadersJune 16th, 2009 NEW DELHI - Finance Minister Pranab Mukherjee held pre-budget discussions with leaders of Congress party ahead of the budget for full fiscal year 2009/10 (April-March) that would be presented on July 6. "As a party man I have an obligation to listen to the views of my party leaders.
Budget will reflect all views: PranabJune 15th, 2009 NEW DELHI - Finance Minister Pranab Mukherjee Monday said the budget for fiscal 2009-10 to be presented next month would reflect the views of everyone. Emerging from a pre-budget meeting of senior party leaders that he chaired, Mukherjee told reporters at the Congress headquarters here: "We had earlier taken the suggestions of industrialists and trade unions.
Government to present budget in first week of July: PranabMay 26th, 2009 NEW DELHI - Finance Minister Pranab Mukherjee on Tuesday said the government would present the budget for 2009-10 in the first week of July. "I would not like to have a second batch of vote on account.
New pension schemes for widows, disabled in interim budgetFebruary 15th, 2009 NEW DELHI - The government Monday announced two new pension schemes for widows and physically disabled in the interim budget 2009-10. The Indira Gandhi National Widow Pension Scheme will provide a pension of Rs.200 to widows in the age group of 40-64, while the Indira Gandhi National Disability Pension Scheme aims to provide pension to 'severely disabled persons', acting finance minister Pranab Mukherjee said in his budget speech in parliament.
Pranab Mukherjee begins presenting interim budget for next fiscalFebruary 15th, 2009 NEW DELHI - External Affairs Minister Pranab Mukherjee began presenting the interim budget for the next fiscal amid expectations that measures will be announced to cushion the impact of global meltdown on the Indian economy, and help revive consumer demand. The exercise began with Mukherjee reading out his budget speech in the Lok Sabha, during which he will also seek an approval to finance the government's expenditure, till such time the regular budget is presented by a new government after elections, and passed by parliament.
MP falls ill during budget speechFebruary 15th, 2009 NEW DELHI - Lok Sabha Speaker Somnath Chatterjee had to Monday interrupt the interim budget presentation by Minister for External Affairs Pranab Mukherjee as an MP fell ill. A doctor was called in and the Lok Sabha was adjourned for 10 minutes.
Markets plummet as Mukherjee makes interim budget speechFebruary 15th, 2009 MUMBAI - Indian equities slipped further Monday as acting finance minister Pranab Mukherjee delivered his interim budget speech. In the first part of his speech, Mukherjee signalled that the future economic situation looked grim.
Lok Sabha adjourned after MP falls sick during budget speechFebruary 15th, 2009 NEW DELHI - Lok Sabha Speaker Somnath Chatterjee had to Monday interrupt the interim budget presentation by Minister for External Affairs Pranab Mukherjee after Janata Dal-Secular MP M.P. Veerendra Kumar fell ill.