Chidambaram to be named finance minister soon: Govt source
The government will soon name Palaniappan Chidambaram as the new finance minister in Prime Minister Manmohan Singh's cabinet, a senior government official said on Tuesday.
Chidambaram, currently home
SC notice to Centre on PIL challenging SEBI rules
The Supreme Court on Friday issued notice to the Centre on a PIL challenging the finance minister's power to nominate two members in the search and selection board for appointment of SEBI chairman and full time members.
FIU initiates probe in HSBC India operations
The Financial Intelligence Unit (FIU) of the finance ministry has begun a probe into the HSBC's India operations after it was alleged that the country was exposed to terror funding and money laundering due to the banking giant's weak safety mechanisms.
PM Manmohan Singh sets up committee to frame GAAR guidelines by Sept 30
Within a fortnight of the Finance Ministry issuing draft guidelines on GAAR, Prime Minister Manmohan Singh on Friday set up a committee to prepare fresh norms on the controversial tax provision to
Govt steps back, says deposit directive not final
The government has backtracked from a directive issued to state-run banks that put a cap on holdings of bulk deposits and certificates of deposit (CDs) saying the rules were not final, banking sources
Manmohan Singh takes additional charge of Finance Ministry
The Prime Minister Dr. Manmohan Singh, has taken charge of the Finance Ministry after Pranab Mukherjee resigned to contest the presidential poll.
President Pratibha Devisingh Patil, who has accepted
FinMin, RBI to announce steps soon: Pranab
Finance Minister Pranab Mukherjee on Monday said his ministry and the Reserve Bank will soon announce certain steps, as investors await the measures that are expected to check rupee slide and impro
I have been churning it in my mind: PM on Pranab's successor
Prime Minister Manmohan Singh is still ‘churning’ in his mind as to who will take over the key Finance portfolio from Pranab Mukherjee who will step down from the coveted post on Tuesday.
Amid widesp
Minor fire at Finance Ministry office
A minor fire broke out in the Finance Ministry on Thursday morning, a fire brigade official said.
The blaze was reported from the ground floor room of the ministry in North Block at around 5.45 am a
Finance Ministry examining CBDT committee report on black money
Nearly ten months after it was formed to examine ways to check the menace of black money, a committee under the chairmanship of Central Board of Direct Taxes (CBDT) chief has submitted its report t