GST, which was dubbed as India's biggest economic reform, today completed the first year and the government is celebrating  the day by highlighting its achievements. Earlier today, Prime Minister Modi hailed the GST as a tool that has brought growth, simplicity and transparency.

Rajan's name was dragged after BJP launched a scathing attack on former Finance Minister P Chidambaram for clearing the 80:20 gold scheme days before the new government was to take charge at the centre.

There was a Scheme 80:20 introduced in August 2013 and repealed in November 2014. On May 16, 2014, the date of the declaration of results, the then finance minister gave 'aashirvaad' to seven private companies under the 80:20 Scheme. One of those companies was Gitanjali, says Union minister Ravi Shankar Prasad.

PM Narendra Modi said that Budget 2018-19 has devoted attention to all sectors, ranging from agriculture to infrastructure to healthcare.

CAG in a report had held then Telecom Minister A Raja responsible for causing the state exchequer a loss of Rs 1,76,379 crore by allocating 2G spectrum licenses at throwaway prices.

The BJP is celebrating November 8 as 'Anti-Black Money Day'. However, this celebration move has not gone well with the country's grand old party Congress as party Vice-President Rahul Gandhi termed the note ban move a 'tragedy' that wreaked havoc on Indian economy.

Reserve Bank of India (RBI) on Wednesday released its annual report which gave out figures on demonetised currency notes that came back to the system.

BJP and Congress on Monday traded charges over \"help\" extended to Vijay Mallya in securing loans and fleeing the country, with the two parties hurling accusations at each other for coming to the aid of the beleaguered businessman.

Chief Economic Advisor Arvind Subramanian said there has been improvement in quality of spending toward capital and agriculture, and fiscal consolidation at central and state levels.

The frenzy of Budget accounting and planning is now divided between North Block (which houses the finance ministry) and South Block (where the Prime Minister's Office is located) on Raisina Hill, which offers a panoramic view of Lutyens' Delhi.

The arrest of Jignesh Shah in the National Spot Exchange scam will make it even more difficult for investors to recover their money.

Praising its efforts to stabilise the economy, the finance minister said the government is selling food-grains in the open market in order to check inflation.

\"The central bank governor was appointed based on his reputation... Every government must respect this appointment,\" Finance Minister P Chidambaram said in Astana.

Chidambaram released some data and claimed that economic performance during the Congress party-led United Progressive Alliance (UPA) government was far better than the BJP-led National Democratic Alliance government, during which Sinha was a finance minister.

\"Business is quite comfortable with Dr Manmohan Singh and UPA finance ministers but there are sections of businesses which are extremely comfortable with Mr Narendra Modi because his brand of capitalism is crony capitalism,\" Finance minister P. Chidambaram said at a press conference at the AICC headquarters in New Delhi.

On Monday, Chidambaram paid back in the same coin, saying the markets started celebrating once Sinha declined to contest-he ceded Hazaribagh in favour of son Jayant-and continued to celebrate when Jaswant Singh was expelled from the Bharatiya Janata Party.

Sinha, who was Finance Minister during NDA rule, claimed that the high economic growth rate witnessed in the first four years of UPA-I (2004-2007) was largely on account of measures initiated by the NDA government and not because of any steps taken by UPA governments.

Pointing out that NPAs were \"high in large corporate sectors\" and small industries, although they were down for the real estate segment, Chidambaram said banks have been told to focus on recovery.