Tue, Nov 21, 2023
Financial flows in the external sector need constant monitoring as they impact the value of rupee and the balance of payments, the report said, adding that a fuller transmission of the monetary policy may also temper domestic demand.
Thu, Nov 02, 2023
Cover Story: There is bumper demand all around during the festive season, and the government's coffers are getting filled as GST collection is increasing significantly.
Tue, Oct 31, 2023
India's fiscal deficit for the first six months (April-September) of the current financial year was Rs 7.02 lakh crore which works out to 39.3 per cent of the estimate for the whole year, according to government data.
Mon, Aug 01, 2016
The government has yet to appoint a replacement for Rajan, a former International Monetary Fund chief economist whose appointment in 2013 had boosted investor confidence in India`s management of its economy.
Fri, Jul 29, 2016
It is good news for one crore government employees and pensioners after all.
The Government of India on Friday announced to pay its employees arrears arising from implementation of the 7th Pay Commission recommendations in one installment in August salaries.
Fri, Jul 22, 2016
Out of Rs 22,915 crore infused, the government allocated Rs 7575 crore to State Bank of India.
Fri, Jul 15, 2016
Regarding the limits on cash transactions and cash holding the SIT report drew on the examples of countries in which such restrictions have been imposed in order to curb black money. These countries include France, Portugal, Hungary, Slovakia, Czech Republic, Spain, Bulgaria, Belgium, Greece and Italy.
Wed, Jul 13, 2016
United Forum of Banks Unions, in a notice on Tuesday July 12, 2016 said that nearly 10 lakh employees and officers of public sector banks will go on a nation-wide strike on July 29.
Tue, Jul 12, 2016
The state-run company announced that around 10.89 crore shares will be buyback at Rs 335 per share.
Wed, Jul 06, 2016
Prime Minister shuffled and expanded his ministers on Tuesday June 5, 2016.
Jayant Sinha, who was the Minister of State Finance has been moved to Civil Aviation Ministry in the same role and his position at the finance ministry has been filled by Arjun Ram Meghwal.
Tue, Jul 05, 2016
In a post on its Facebook page the spokesperson of the Finance Ministry said that the allegation is totally false and mischievous.
Mon, Jul 04, 2016
The Finance Ministry has finalised plan for the first round of capital infusion for public sector banks and funds would be granted to some of the lenders within next few weeks.
Sun, Jul 03, 2016
Government may not cut excise duty on petrol and diesel in the near-term if it accepts the suggestions made in the approach paper submitted by Chief Economic Adviser for maintaining status quo when oil prices can climb by another $15 a barrel.
Seven have submitted all documents and are eligible for Startup India benefits and tax exemption and 106 have submitted all documents but are not eligible for tax exemptions, Startup India said in its tweet.
Tue, Jun 28, 2016
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Mon, Jun 27, 2016
The Government of India has allocated Rs 70,000 crore for the implementation of 7th Pay Commission for government employees in the Union Budget 2016-17.
Sun, Jun 26, 2016
Banks can only make acquisitions when they have financial might which is subdued at the moment due to clean up exercise of balance sheet.
Members of the MPC will be appointed for a period of four years and will not be eligible for reappointment.
Mon, Jun 20, 2016
The Finance Ministry on Monday said subscribers of the Public Provident Fund (PPF) can prematurely close the deposit scheme after completing five years for reasons such as higher education or expenditure towards medical treatment.
Fri, Jun 17, 2016
The move comes at a time when prices have surged sharply in various commodities including tomato, wheat and pulses.
Stocks of sugar companies fell over 3% in the Bombay Stock Exchange (BSE) in the morning trade on Friday.
The government imposed 20% customs duty on sugar exports to boost domestic supply and check prices which are ruling high at Rs 40/kg.
Tue, Jun 14, 2016
The 7th Pay Commission which will give a relief to several central government employees may get green signal on Tuesday, Zee Media Bureau reported.
Wed, Jun 08, 2016
Jaitley also launched NIIF website during the second governing council meet of the sovereign wealth fund.
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