Tue, Nov 19, 2024
Any listed CPSE, whose market price exceeds 150 times its face value consistently for the last six months, may consider splitting off its shares.
More >
Sat, Oct 05, 2024
This will include the entire required loan of Rs 33,593 crore, besides the equity and subordinate debt of Rs 7,425 crore.
Sat, Aug 31, 2024
According to the ministry this is an increase of Rs 57,109 crore compared to the same period in the previous fiscal year. It reflects the fiscal federalism by the government.
Sun, Dec 05, 2021
The finance ministry on Sunday said over three crore income tax returns have been filed for the financial year 2020-21 so far and advised taxpayers who are yet to file their return to do so at the earliest.
Wed, Nov 24, 2021
The biggest account is of Videocon Oil Ventures, which has NPAs worth Rs 22,500 crore and the lead lender is SBI. Likewise, Amtek Auto has NPAs worth Rs 9014 crore, where Union Bank is the lead lender. Reliance Naval and Engineering which has NPAs worth Rs 8934 cr and the lead bank is IDBI Bank
Thu, Nov 11, 2021
The finance ministry has invited bids from asset valuers to assist the government in the strategic sale of Ferro Scrap Nigam Ltd (FSNL).
Tue, Nov 09, 2021
The Ministry of Finance has notified new coins of denomination 1,2,5,10 and 20. Zee Business reporter Ambarish Pandey has reported that these rules may be called the Coinage of One Rupee, Two Rupees, Five Rupees, Ten Rupees and Twenty Rupees Rules, 2021.
Sun, Nov 07, 2021
The finance ministry will soon start the process for the appointment of managing director (MD) and deputy managing directors (DMDs) of the newly set up Rs 20,000 crore development finance institution NaBFID, to catalyse investment in the fund-starved infrastructure sector.
Tue, Nov 02, 2021
As per the information provided by the Ministry of Finance, the new AIS includes additional information relating to interest, dividend, securities transactions, mutual fund transactions, foreign remittance information etc.
Sun, Oct 31, 2021
The Department of Financial Services (DFS), under the finance ministry, "vide its order dated October 29 advised broad guidelines to be adopted by all public sector banks (PSBs) on 'Staff Accountability
Sat, Oct 30, 2021
Applications of eligible candidates in prescribed proforma along with certified copies of required documents may be forwarded, through a proper channel (wherever applicable) on or before December 6, 2021 a public notice issued by the Finance Ministry's Economic Affairs Department said.
Thu, Oct 28, 2021
"SWAMIH Investment Fund I announces its first complete exit from an investment made for the construction of CCI Rivali Park Wintergreen housing project in Mumbai," the Finance Ministry tweeted.
Mon, Oct 25, 2021
The Finance Minister has asked Ministry of Civil Aviation to ensure that more projects are grounded and capex spending in FY23 is substantially higher than the present estimated target.
Sun, Oct 17, 2021
A special purpose vehicle (SPV) in the form of a company would be set up to hold these assets which would be monetised to fetch value to the exchequer, Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey said
Sat, Oct 09, 2021
In a major haul of cash, the Income Tax Department has detected unaccounted income of Rs 550 crore and seized over Rs 142 crore cash after its raids on the Hyderabad-based pharma major Hetero pharmaceutical.
Thu, Oct 07, 2021
The Ministry of Finance has released an amount of Rs 40,000 crore to states and UTs with legislature under the back-to-back loan facility to meet the shortfall in GST Compensation.
Mon, Oct 04, 2021
The Ministry of Finance has said that presently nine National Savings Schemes are in operation.
Fri, Oct 01, 2021
Finance Ministry and Ministry of Corporate Affairs (MCA) have raised concern on higher shareholding for single entity to 100 percent. A source close to development told Zee Business that “Sebi is ready to cut down the shareholding proposal from 100 percent to 51 percent to a single entity”.
The Ministry of Finance has recommended that clerical recruitments for the 12 PSBs and vacancies advertised henceforth, both Prelim and Main exams, will be conducted in the 13 regional languages along with English and Hindi.
Tue, Sep 28, 2021
A delegation of JCCI met Choudhary here and submitted a memorandum, which, among other things, demanded setting up of new public sector undertakings by the government to generate employment and give fillip to the economy of the Union territory
Fri, Sep 17, 2021
On the corporate bond market, he said a lot has been done over the years and a lot needs to be done.
Mon, Sep 13, 2021
Elaborating on the government's strategy for handling the pandemic, the minister said that on one hand the focus is on ramping up vaccination as that was the biggest protection against the pandemic while on the other hand the government is working on ramping up health infrastructure, including in the tier 2 and tier 3 cities, by supporting the private sector
Fri, Sep 10, 2021
An Account Aggregator (AA) is a type of RBI regulated entity (with an NBFC-AA license) that helps an individual securely and digitally access and share information from one financial institution they have an account with to any other regulated financial institution in the AA network.
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.
