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Budget 2014's message is India is ready to grow, says Jaitley

Jul 11, 2014

Budget 2014's message is India is ready to grow, says Jaitley

In his interview, the finance minister said he was confident that his government will be able to stick to the 4.1 percent fiscal deficit target even though rating agencies have voiced skepticism about the Budget estimates. #GDP #UPA #Banks #Narendra Modi #fiscal deficit #Arun Jaitley #Subsidies #GST #PSU #DTC #Budget2014
Budget 2014: Is it the beginning of de-Nehru-fication of government?

Jul 10, 2014

Budget 2014: Is it the beginning of de-Nehru-fication of government?

Arun Jaitley's budget looks set to start the process of the de-Nehru-fication of government schemes. Thus new schemes will be named after BJP and non-Congress icons - Sardar Patel, Madan Mohan Malaviya. #Economy #GDP #BJP #Narendra Modi #Agriculture #Arun Jaitley #farmer #Growth #Nehru #PSU #Budget2014 #vallabhai patel #madan mohan malviya
After milking Coal India, will FM turn to other cash-rich PSUs too?

Jan 16, 2014

After milking Coal India, will FM turn to other cash-rich PSUs too?

Cash-rich Coal India has decided to pay a hefty interim dividend of Rs 29 a share, equivalent to Rs 18,317 crore, a move that is likely to help the government more than retail investors. #P. Chidambaram #finance ministry #coal india #Dividend #PSU #CIL dividend
CIL obliges govt with payout, doles out more than it earns

Jan 15, 2014

CIL obliges govt with payout, doles out more than it earns

Given that Coal India's earnings for FY14 are estimated at Rs 18,000 crore, the cash-rich PSU seems to be shelling out more than what it will be earning this year too by digging into its cash reserves of Rs 62,000 crore. #Competition Commission of India #coal india #PSU #Interim dividend #fiscaldeficit
Cash-rich Coal India's interim dividend to make FIIs richer by over Rs 1000 cr

Jan 15, 2014

Cash-rich Coal India's interim dividend to make FIIs richer by over Rs 1000 cr

The government, which holds 90 percent stake in Coal India Ltd (CIL), will get Rs 16,485.71 crore and use the amount in meeting the fiscal deficit target. #P. Chidambaram #NewsTracker #coal india #NTPC #ONGC #Indian Oil #SAIL #GAIL #Foreign institutional investors #Axis Bank #NMDC #FII #PSU #CIL #BALCO #Interim dividend #Hindustan Zinc

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Cash-rich Coal India's interim dividend to make FIIs richer by over Rs 1000 cr

Jul 10, 2014

Oregon drug addict's journey through prison ends in triumph, scholarship at PSU

Ailene Farkac, a 45-year-old mother of three, came out of prison with a mission. Now she's pursuing research that will help other prisoners kindle success on the outside...
Cash-rich Coal India's interim dividend to make FIIs richer by over Rs 1000 cr

Jul 07, 2014

Neighbors work to shape Divison Street development; PSU recordings found: SE and SW Portland news

Plus, a gang-related shooting in outer Southeast, where there are no tennis courts...