Jul 04, 2022 07:31 PM ISTThe central government is confident of achieving the target set at the start of this fiscal, as the country's macroeconomic fundamentals are strong, the sources told PTI.
Jul 04, 2022 10:11 AM IST The Centre and states should shed their dilly-dallying attitudes and make good use of the GST Council meetings to provide a directional path for the country’s indirect tax system
Jul 01, 2022 04:16 PM IST According to the finance minister, while the government does not grudge companies making profits, it was happening at a time when the supply of fuel was being affected and measures were required to tackle the situation.
Jun 26, 2022 12:14 PM IST In the recently concluded performance review of PSBs by the Finance Ministry, sources said, lenders were asked to focus on technology and data analytics to push their lending.
Jun 23, 2022 05:45 PM IST To bring all matters relating to narcotics under one department, the government is reportedly considering moving the administration of the Narcotic Drugs and Psychotropic Substances Act, 1985, and the Prevention of Illicit Traffic in Narcotic Drugs and Psychotropic Substances Act, 1988 from the finance ministry to the Ministry of Home Affairs.
Jun 21, 2022 06:16 PM IST The Finance Ministry's Department of Economic Affairs (DEA) has framed a Capacity Enhancement Plan (CEP) in collaboration with the Capacity Building Commission (CBC) to drive relevant capacities across ministries, state governments, and the extended ecosystem of infrastructure execution in the country.
Jun 20, 2022 09:27 PM IST On Monday, the Finance Ministry met with the heads of public sector banks (PSBs) to discuss their annual performance and progress on several government projects.
Jun 20, 2022 02:34 PM IST The rationalisation of non-capex expenditure has become critical, not only for protecting growth supportive capex but also for avoiding fiscal slippages, the ministry said.
Jun 20, 2022 02:29 PM IST India’s pandemic hit economy is recovering but its size is barely above the pre-pandemic level.
Jun 16, 2022 06:23 PM IST Announced on June 14, the Agnipath scheme looks to offer employment in the armed forces to the youth for a four-year period. However, their future post that period is up in the air.
Jun 09, 2022 01:02 PM IST The finance minister's comments come as the public sector readies itself for the entry of private companies in all sectors, including the four strategic sectors specified by the new PSE policy.
Jun 09, 2022 11:49 AM IST The government and the Reserve Bank of India continue to be on the same page on crypto, with the chief economic adviser latest to question crypto after some stinging remarks by central bank officials.
Jun 08, 2022 04:19 PM IST Finance Minister Nirmala Sitharaman said on Wednesday that the government's enabling policies and proactive measures, like corporate tax cuts and economic digitalisation, helped the country deal with the unusual scenario created by the pandemic.
Jun 08, 2022 01:22 PM IST “India is forecasted by IMF to cross $5 trillion by 2026-27 and if the dollar GDP of the country doubles every seven years, we will be at $20 trillion GDP by 2040 with a per capital income of close to $15,000,” V Anantha Nageswaran said.
Jun 08, 2022 11:47 AM IST India faces challenges of managing a sustainably high growth rate, moderate inflation, keeping the fiscal deficit under balance and also ensuring that external value of rupee remains stable, the CEA said.
Jun 07, 2022 07:55 AM IST NARCL is a special purpose asset reconstruction company for taking over the large value NPA accounts (above Rs 500 crore) from banks.
Jun 06, 2022 12:31 PM IST The portal can be used to avail loans for education, agricultural infrastructure, business activity and livelihood opportunities.
Jun 05, 2022 12:30 PM IST The commerce ministry's investigation arm DGTR had conducted a probe into alleged exports subsidisation by Malaysia on 'aluminium primary foundry alloy ingot in different forms' following a complaint by the domestic industry and on January 31 this year recommended imposition of the duty.
Jun 05, 2022 11:11 AM IST Prime Minister Narendra Modi will inaugurate the Iconic Week Celebrations of the Ministry of Finance and the Ministry of Corporate Affairs on June 6.
Jun 01, 2022 01:43 PM IST This is the 11th month in a row that the total GST mop-up has come in above the Rs 1-lakh-crore mark
May 31, 2022 04:17 PM IST The Centre has set itself a fiscal deficit target of 6.4 percent of GDP for FY23. However, many economists are already predicting that the target will be missed by a sizeable amount.
May 31, 2022 04:00 PM IST The 2022 Budget had seen the central government make a 10-basis-point upward revision to its fiscal deficit target for FY22 to 6.9 percent of GDP.
May 30, 2022 03:31 PM IST The release of the crypto consultation paper would put an end to some of the uncertainty that has gripped the sector.
May 23, 2022 03:16 PM IST The Centre has set itself a fiscal deficit target of 6.4 percent of GDP for FY23. Less than two months into the new financial year, the government's fiscal math is in tatters and warrants a recalculation.
May 20, 2022 04:57 PM IST Taking the example of Oriental Bank of Commerce, the study found no economic reason for its merger with Punjab National Bank as the efficiency of the former was increasing ahead of the union in 2020.
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