You are here: Home » Politics » News » National
Business Standard

All the Prime Minister's officers

The Modi PMO is like none other: It is staffed by people who are so low profile that the only dominant personality is the Prime Minister's. There is no AN Verma or Brajesh Mishra-like personage and th

Aditi Phadnis  |  New Delhi 

"Man! What a cat!" exclaimed a 30-something investment banker, unwittingly slipping back into college lingo, such was his excitement after a meeting with T V Somanathan (Tamil Nadu IAS, 1987), joint secretary in the Prime Minister's Office (PMO) handling finance and capital markets.

Amid moves made after the 2016-17 Budget that suggested a redefinition of long-term capital gains, with potentially profound tax effects on the earnings of foreign institutional investors, managers have been making a beeline to the finance ministry, PMO, anybody who will listen, to impress upon the ...

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Sun, August 14 2016. 23:15 IST