Ministry of Finance

International Monetary Fund to send SOS mission to Pakistan

International Monetary Fund to send SOS mission to Pakistan

Islamabad: In the wake of worsening fiscal front of the economy, the International Monetary Fund (IMF) has decided to send an 'SOS' missi...Read More

Centre sets up inter-ministerial panel to monitor major infra projects

Centre sets up inter-ministerial panel to monitor major infra projects

An inter-ministerial task force is being formed by Department of Economic Affairs (DEA) to finalise pipeline of infrastructure projects

Finmin spent Rs 1,157 cr extra in 2017-18 without obtaining prior approval: CAG

Finmin spent Rs 1,157 cr extra in 2017-18 without obtaining prior approval: CAG

New Delhi: The Ministry of Finance spent Rs 1,157 crore on various heads during 2017-18 without obtaining prior approval of Parliament, t...Read More

Taiwan: Protestors march to Presidential Office demanding transparent tax system

Taiwan: Protestors march to Presidential Office demanding transparent tax system

China: Taiwan witnessed the Yellow vest protest as the anti-tax demonstrators took to streets and the movement inspired by the French pro...Read More

GST revenue collected for April exceeds Rs 1 lakh crore

GST revenue collected for April exceeds Rs 1 lakh crore

New Delhi: The Centre on Tuesday stated that the revenue collected towards Goods and Services Tax (GST) for the month of April 2018, surp...Read More

Going Beyond Budget 2018 with DEA Secretary Subhash Chandra Garg

Going Beyond Budget 2018 with DEA Secretary Subhash Chandra Garg

This year’s Union Budget is the last budget before the 2019 general election. This could be a make or break exercise for the future of th...Read More

Trial phase of e-way bill generation deferred due to technical glitches

Trial phase of e-way bill generation deferred due to technical glitches

New Delhi: The trial phase for the generation of the new e-way bill has been deferred on the account of technical glitches, the Ministry ...Read More

Budget 2018: Arun Jaitley arrives at North Block ahead of Union Budget presentation

Budget 2018: Arun Jaitley arrives at North Block ahead of Union Budget presentation

New Delh: Finance Minister Arun Jaitley arrived at the Ministry of Finance (North Block) on Thursday morning ahead of the presentation of...Read More

Budget Session 2018 Updates: Economy accelerated in second half of current fiscal due to GST

Budget Session 2018 Updates: Economy accelerated in second half of current fiscal due to GST

The Economic Survey of India is being tabled in the Lok Sabha in Lok Sabha by FM Jaitley as the budget session has commenced.

FinMin clears two FDI proposals involving Rs. 532 crore investment

FinMin clears two FDI proposals involving Rs. 532 crore investment

New Delhi: The Department of Economic Affairs (DEA) has approved two Foreign Direct Inevstment (FDI) proposals involving investment to th...Read More

RBI, Finance Ministry review govt’s borrowing programme before Budget

RBI, Finance Ministry review govt’s borrowing programme before Budget

New Delhi: The Ministry of Finance on Wednesday released a notification for reviewing the borrowing programme of the government.

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FinMin to issue recap bonds to PSBs in January

New Delhi : The Ministry of Finance is likely to issue the first tranche of recapitalisation bonds to public sector banks (PSB) in early ...Read More

FRDI bill to be more depositor friendly, clarifies Govt

FRDI bill to be more depositor friendly, clarifies Govt

New Delhi: The Financial Resolution and Deposit Insurance Bill, 2017 (FRDI Bill) is far more depositor friendly than many other jurisdict...Read More

Union Cabinet approves Rs 2.11 lakh crore recapitalisation for public sector banks

Union Cabinet approves Rs 2.11 lakh crore recapitalisation for public sector banks

New Delhi: The Union Cabinet on Tuesday cleared a massive Rs 2.11 lakh crore capital infusion in public sector banks in the next two year...Read More

‘Shut banking division to reduce interference’

‘Shut banking division to reduce interference’

Governance of state-owned banks would improve only when the government fully distances itself from the banks, creates a transparent and p...Read More

Sagarmala Programme: Master plan formulated for 12 Major Ports

Sagarmala Programme: Master plan formulated for 12 Major Ports

Under the Government of India’s Sagarmala Programme to promote port-led development, a master plan has been formulated for the 12 Major P...Read More

INX media case: ED moves Delhi Court seeking production of Indrani Mukherjea

INX media case: ED moves Delhi Court seeking production of Indrani Mukherjea

New Delhi: The Enforcement Directorate on Tuesday filed an application in Delhi’s Patiala House Court seeking production of former INX me...Read More

SC pulls up Centre for no mechanism to monitor NGO funds

SC pulls up Centre for no mechanism to monitor NGO funds

New Delhi: The Supreme Court today pulled up the Centre for not putting in place a regulatory mechanism to monitor the funds and their ut...Read More

Government to recapitalise 13 state-run banks with Rs 22,915 crore

Government to recapitalise 13 state-run banks with Rs 22,915 crore

New Delhi: The Ministry of Finance on Tuesday announced the much-awaited capital infusion of Rs 22,915 crore towards the recapitalisation...Read More

Apocalypse in the waiting for small savers

Apocalypse in the waiting for small savers

The policy repo rate (i.e. the rate at which banks access funds from RBI against the collateral of government securities) was left unchan...Read More

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