हिंदी में पढ़ें

Finance Ministry

GNPA of PSBs declines to 3.12% in September from peak of 14.58% in March 2018: Finance Ministry

GNPA of PSBs declines to 3.12% in September from peak of 14.58% in March 2018: Finance Ministry

Thu, Dec 12, 2024

Gross non-performing assets (NPAs) of public sector banks (PSBs) have declined to a decade low of 3.12 per cent at the end of September 2024 from a peak of 14.98 per cent in March 2018 on the back of measures like the 4Rs -- recognition, recapitalisation, resolution, and reform -- taken by the government, the finance ministry said on Thursday.

Insurance Amendment Bill proposing 100% FDI unlikely in winter session

Insurance Amendment Bill proposing 100% FDI unlikely in winter session

Sun, Dec 08, 2024

Insurance Amendment Bill, which proposes 100 per cent FDI in the insurance sector, may not be introduced in Parliament in the ongoing session, sources said. Some finetuning may be required in the draft Bill after receiving comments from stakeholders, sources said.

Finance Ministry proposes to raise FDI in insurance to 100%

Finance Ministry proposes to raise FDI in insurance to 100%

Thu, Nov 28, 2024

The finance ministry has proposed to amend various provisions of the Insurance Act, 1938, including raising foreign direct investment (FDI) in insurance sector to 100 per cent, reduction in paid-up capital, and provision for composite licence.

TRENDING NOW

Govt hikes import tariff value on gold, silver

Govt hikes import tariff value on gold, silver

Tue, Nov 01, 2016

The government on Monday hiked import tariff value on gold and silver marginally to $414 per 10 grams and $577 per kg, respectively, taking into account global trends.

Finance Ministry declines to share black money assessment reports

Finance Ministry declines to share black money assessment reports

Sun, Oct 23, 2016

The Finance Ministry has declined to share reports submitted to it nearly three years ago on the quantum of black money held by Indians inside the country and abroad, saying it will cause breach of privilege of Parliament.

Debit card data breach: Too small a number or a wake up call for JAM?

Debit card data breach: Too small a number or a wake up call for JAM?

Fri, Oct 21, 2016

Finance Ministry of India on Friday said that the number of debit cards impacted by the data breach is 0.5%. Surely the number looks to small but it does have the possibility to have a wider impact.

Govt unlikely to go in for cut in public expenditure in FY17

Govt unlikely to go in for cut in public expenditure in FY17

Mon, Oct 17, 2016

The revenue deficit for current fiscal has been bettered to 2.5% of GDP, from the budgeted 2.8%.

SBI says 'consistently' passed on RBI's rate cut to borrowers

SBI says 'consistently' passed on RBI's rate cut to borrowers

Mon, Oct 10, 2016

"Of the 175 bps (1.75 per cent) cut that the Reserve Bank (RBI) has done, we as a bank have passed on 95 bps (0.95 per cent). More will get passed on in the near term rather than in the longer term," Bhattacharya said in an interview to CNBC TV18.

Will GST implementation change FinMin's Budget plans?

Will GST implementation change FinMin's Budget plans?

Thu, Oct 06, 2016

The Cabinet has also given its permission to the merger of the Plan and the Non-Plan classification in the Budget and Accounts.

FinMin plans to take away RBI's debt management role in two years

FinMin plans to take away RBI's debt management role in two years

Wed, Oct 05, 2016

In about two years, the cell would be upgraded to a statutory public debt management agency.

Finance Ministry begins separating public debt management from RBI

Finance Ministry begins separating public debt management from RBI

Wed, Oct 05, 2016

"This interim arrangement will allow separation of debt management functions of RBI to PDMA in a gradual and seamless manner, without causing market disruptions. The PDMC shall be upgraded to a statutory PDMA, in about 2 years," it said.

Rate cut to boost liquidity, achieve near 8% growth in FY17: FinMin

Rate cut to boost liquidity, achieve near 8% growth in FY17: FinMin

Tue, Oct 04, 2016

In the first monetary policy review under RBI Governor Urjit Patel, the interest rate was today cut by 0.25%.

Index of Eight Core Industries rises 3.2% in August

Index of Eight Core Industries rises 3.2% in August

Fri, Sep 30, 2016

Index of Eight Core Industries comprising 38% of weight of items included in Index of Industrial Production (IIP) rose 3.2% in August 2016 as againt the same month of last year.

India's fiscal deficit reaches 76.4% in August

India's fiscal deficit reaches 76.4% in August

Fri, Sep 30, 2016

India's fiscal deficit for April to August 2016 period reached Rs 4,07,820 crore as against budgeted target of Rs 5,33,904 crore. Fiscal deficit in April-July period stood at Rs 3,93,487 crore.

With three days to go, Income Declaration Scheme may not reap desired results

With three days to go, Income Declaration Scheme may not reap desired results

Wed, Sep 28, 2016

The Indian government has sent out about 700,000 notices to suspected tax evaders to coax them to declare hidden income and assets, promising they won`t be pursued by the authorities if they pay a penalty now to clear their name.

FinMin to consult Election Commission before finalising Budget date

FinMin to consult Election Commission before finalising Budget date

Sun, Sep 25, 2016

The Finance Ministry has proposed that the Budget presentation be fixed for February 1.

RBI shifts issue date of Sovereign Gold Bond to Sept 30 amid solid response

RBI shifts issue date of Sovereign Gold Bond to Sept 30 amid solid response

Thu, Sep 22, 2016

With over 2 lakh applications for the Sovereign Gold Bond (SGB), the Reserve Bank of India (RBI) on Thursday shifted the issue date by a week to September 30 for "smooth" uploading of the subscriptions in its E-Kuber system.

Stay all operations of GSTN, Subramanian Swamy writes to PM Modi

Stay all operations of GSTN, Subramanian Swamy writes to PM Modi

Thu, Sep 22, 2016

He also accused certain Finance Ministry officials and as the Chairman of the GSTN of telling the press that the GSTN as presently constituted will continue without hindrance.

GST Council to hold its first meeting today

GST Council to hold its first meeting today

Thu, Sep 22, 2016

The council will decide on long pending issues of threshold limit for applicability of the tax as well as the limit for dual control between Centre and states.

Nirmala Sitharaman rubbishes rupee devaluation claims

Nirmala Sitharaman rubbishes rupee devaluation claims

Thu, Sep 15, 2016

Indian Rupee (INR) fell to its two-week low of Rs 67.065 as media reports suggested that Indian Government might look to devalue the currency.

'Govt considering EPFO's voluntary pension scheme proposal'

'Govt considering EPFO's voluntary pension scheme proposal'

Fri, Sep 02, 2016

The Labour Ministry is actively considering proposal of a voluntary pension scheme mooted by the Employees' Provident Fund Organisation (EPFO), a senior government official has said.

Heavy, medium-sized vehicles to be brought under scrapping policy in 1st phase: Gadkari

Heavy, medium-sized vehicles to be brought under scrapping policy in 1st phase: Gadkari

Wed, Aug 24, 2016

The policy will help in saving fuel as old vehicles tend to consume more fuel and will decrease our dependance on imports, Gadkari said.

Illicit Gold: India's smugglers shut out refiners, banks

Illicit Gold: India's smugglers shut out refiners, banks

Tue, Aug 23, 2016

Indian gold refiners just months ago were ramping up capacity and struggling to secure enough ore from miners. Now, they are suspending operations as a surge in smuggled bullion wipes out wafer thin margins.

Load More

LIVE TV

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x