FinMin

India witnessing V-shaped recovery since June: FinMin Report

India witnessing V-shaped recovery since June: FinMin Report

"The sustained improvement in high frequency indicators ignite optimism of an improved performance in second half of the year," it said.

Finmin to take call on Rs 14,500 cr capital infusion into banks in Q4

Finmin to take call on Rs 14,500 cr capital infusion into banks in Q4

Following the financial performance review after the first half, sources said, it was found that Punjab & Sind Bank, out of the 12 PSBs, ...Read More

Indian economy witnessing V-shaped recovery: FinMin report

Indian economy witnessing V-shaped recovery: FinMin report

The decline in the GDP narrowed to 7.5 per cent in the second quarter of this financial year, over 23.9 per cent in April-June quarter.

Interest on interest waiver: Banks start crediting accounts; FinMin issues additional FAQs

Interest on interest waiver: Banks start crediting accounts; FinMin issues additional FAQs

Last week, the Reserve Bank of India (RBI) had asked all lending institutions, including non-banking financial companies, to ensure that ...Read More

FinMin notifies extended deadline for 2019-20 ITR filing

FinMin notifies extended deadline for 2019-20 ITR filing

While the deadline for filing ITR by individual taxpayers has been extended by a month till December 31, the due date for those taxpayers...Read More

GST rate on cars lower than pre-GST regime; auto cos should cut royalty payments: FinMin sources

GST rate on cars lower than pre-GST regime; auto cos should cut royalty payments: FinMin sources

Most globally established companies in the sector have flourished in the current taxation and regulatory regime, which is evident from th...Read More

LIC IPO: FinMin invites bids from transaction advisors

LIC IPO: FinMin invites bids from transaction advisors

The government proposes to engage up to two pre-IPO transaction advisors, for assisting the Department of Investment and Public Asset Man...Read More

Growth this fiscal depends on intensity of COVID-19: FinMin report

Growth this fiscal depends on intensity of COVID-19: FinMin report

The report, prepared by the Economic Affairs Division of the Finance Ministry, took comfort from an IMF note which projected a growth ra...Read More

FinMin wants RBI to look into buying top NBFCs’ toxic asset

FinMin wants RBI to look into buying top NBFCs’ toxic asset

According to sources, the discussions are going on, although the central bank is not very keen.

Budget 2020: FinMin seeks suggestions for rationalising income tax, other duties

Budget 2020: FinMin seeks suggestions for rationalising income tax, other duties

Finance Minister Nirmala Sitharaman, who had to announce additional measures to stimulate a slowing economy

FinMin to launch bank ETF this fiscal

FinMin to launch bank ETF this fiscal

New Delhi: The Finance Ministry is planning to launch an exchange traded fund (ETF) consisting of stocks of PSU banks and financial insti...Read More

Finance Ministry approves Rs 11,336 crore capital infusion in 5 PSU Banks

Finance Ministry approves Rs 11,336 crore capital infusion in 5 PSU Banks

New Delhi: The finance ministry today approved infusion of Rs 11,336 crore in five state-owned lenders including PNB, Corporation Bank an...Read More

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Inflation should not prevent RBI from cutting rates: Finmin

New Delhi : Hours before RBI Governor Raghuram Rajan announces third bi-monthly monetary policy of the fiscal, a top Finance Ministry off...Read More

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FinMin launches e-book to improve governance

New Delhi: Finance Ministry today issued an e-book containing important decisions and initiatives with a view to improving governance and...Read More

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