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Civil Aviation Ministry mulls Rs 11,000 crore bailout package for Air India

The discussions come against the backdrop of a failed effort to privatise the loss-making airline.

07 Aug 2018 7:44 PM

Arun Jaitley to resume office in 3rd week of August

Jaitley, according to sources, is recovering well and will be able to assume the responsibilities of the Finance Ministry.

07 Aug 2018 5:02 PM

Govt to revamp flagship insurance schemes for poor

Objective is to make policies affordable to poorest of the poor.

31 Jul 2018 9:05 AM

Finance ministry refuses to share black money reports in reply to RTI query

In reply to an RTI application, finance ministry said the disclosure of information would cause a breach of privilege of the Parliament.

23 Jul 2018 5:11 PM

Govt to ask MSMEs under GSTN to obtain Udyog Aadhaar

The finance ministry is likely to send an email to the micro, small and medium enterprises soon.

22 Jul 2018 12:43 PM


Rs 11,336 crore to be infused in 5 PSU banks

Out of Rs 1.35 lakh crore, the govt already infused about Rs 71,000 crore through recap bonds in banks.

18 Jul 2018 9:05 AM

Sensex recovers 196 points on sharp fall in crude prices

Sentiment got a boost after crude oil prices in global markets dropped by over 4 per cent.

17 Jul 2018 4:17 PM

Finance ministry likely to infuse about Rs 10,000 cr in PSU banks

The sources said that capital infusion may take place this week itself or latest by next week.

17 Jul 2018 3:16 PM

Exodus of advisers lead to protectionism

A spokesman for the finance ministry declined comment. The prime minister’s office did not reply to requests for comment.

13 Jul 2018 12:57 AM

Govt to increase tax on petrol, diesel cars to promote electric vehicles

An increase in taxes on petrol and diesel vehicles will boost the promotion of electric vehicles.

12 Jul 2018 1:24 PM


Banks fear Mudra loans sans collateral may become NPAs

The government has already disbursed around Rs 5,54,703 till date to almost 12 crore consumers.

12 Jul 2018 9:03 AM

India proposes easing local data storage rules for foreign payment firms

RBI would compel global payment firms to store customer data only locally.

12 Jul 2018 8:55 AM

Why qualifications for CEA ‘diluted’, Ahmed Patel asks Centre

In strongly worded tweet Congress president Rahul Gandhi had attacked the government over the resignation of Mr Subramanian.

12 Jul 2018 5:35 AM

IDBI Bank employees oppose proposed take over by LIC

This is a clear move to privatise it, bypassing the assurance given to Parliament.

03 Jul 2018 5:27 PM

July 1 to be celebrated as ‘GST Day' to mark its first anniversary

Goods and Services Tax was rolled out in the intervening night of June 30 and July 1, last year.

30 Jun 2018 2:32 PM


Traders urge finance ministry to review GST-related issues

It has called for one registration number for traders to be allowed across India.

28 Jun 2018 6:21 PM

IDBI-LIC stake deal: Fin Min official says boards to take a call

There have been reports that having failed to get a buyer for its stake in IDBI Bank, the govt might ask LIC.

25 Jun 2018 4:38 PM

Fin Min wants BJP-ruled states to take lead in bringing petrol under GST

Putting petrol and diesel under the GST is seen as a permanent solution to recurrent price hike.

19 Jun 2018 11:37 AM

Jaitley hints at no cut in excise on oil, appeals to pay taxes honestly

The level of non-oil taxes to GDP at 9.8 per cent in 2017-18 is the highest since 2007-08.

18 Jun 2018 4:09 PM

Cabinet clears HDFC Bank's proposal to raise Rs 24,000 cr via FDI

With the raising of this capital, FDI in the bank would hit the regulatory ceiling of 74 per cent.

13 Jun 2018 7:19 PM