Monday, May 27, 2024 | Last Update : 02:18 AM IST

finance ministry Page-11

No RBI nominee should be on banks' boards, says Urjit Patel

The central bank is discussing the matter of RBI nominee director with the Finance Ministry.

12 Jun 2018 7:33 PM

Working to rationalise GST rates, says Shiv Pratap Shukla

The MoS Finance said a big announcement from the government regarding GST is imminent.

08 Jun 2018 12:00 PM

Bank merger back on table, Piyush to meet bank chiefs

Meeting is also expected to take a call on issuance of recapitalisation bonds for some of the weak banks.

08 Jun 2018 8:52 AM

RBI’s policy stand confirms economic activity is on upswing: Goyal

The finance ministry said it welcomed the monetary policy of the banking regulator.

07 Jun 2018 9:16 AM

Finance Ministry raps central tax officers for poor GST show

After registering highest GST collections of Rs 1,03,458 cr in April, revenue has fallen to Rs 94,016 cr in May.

06 Jun 2018 9:30 AM


Govt planning to revamp GST AAR mechanism

The AARs in different states have so far passed about 60 orders under the GST law.

05 Jun 2018 5:15 PM

FinMin rejects PNB’s Rs 7,000 cr extra capital infusion demand

PNB had received Rs 5,473 crore recap funds last year during the first round of infusion.

04 Jun 2018 9:18 AM

India, World Bank sign USD 500 mn loan pact for rural roads

It has built and improved about 35,000 km of rural roads and benefited about eight million people with access to all-weather roads.

31 May 2018 6:39 PM

Exporters' GST refund: Fin Min says only Rs 14,000 crore pending

Solutions are being put in place to fast-track clearances.

30 May 2018 6:19 PM

Fin Min to set up strategic investment fund under NIIF

The NIIF has mandate to solicit equity participation from strategic anchor partners.

27 May 2018 4:08 PM


Fin Min ties up with e-commerce firms to give loans under PMMY

The three way partnership between lenders, industry and the government aims to facilitate small business loans.

23 May 2018 7:56 PM

Steps to deal with rising petrol, diesel prices likely this week

The prices in Delhi are the cheapest among all metros and most state capitals.

22 May 2018 4:26 PM

FinMin rules out raising equity investment limit for pension funds

Government employees contribute about 87 per cent of the Rs 2.3 lakh crore ($35 billion) managed by the NPS.

22 May 2018 8:27 AM

India's bond borrowing plan to stay on course: Garg

Government will continue its bond market borrowing plan during April-September without any interruption.

19 May 2018 5:06 PM

PCA: Finance Ministry to review steps taken by banks

Under the PCA, banks face restrictions on distributing dividends and remitting profits.

17 May 2018 9:13 AM


Free banking services out of GST net, says Finance ministry

Every bank offers a different slab of minimum balance to customers, based on which some free services are provided.

15 May 2018 4:38 PM

E-way bill rollout due in Assam, Rajasthan this week

As per Finance Ministry, the e-way bill rollout has been scheduled for Wednesday (May 16) in Assam, and Sunday (May 20) in Rajasthan.

15 May 2018 12:40 PM

Centre may cut excise duty on petrol, diesel

Government faced strong criticism for holding on to higher duty on petrol and diesel to meet revenue.

14 May 2018 9:17 AM

E-commerce exports via all foreign post offices soon: Finance Ministry

Customs are proposing new simplified procedures for exports through India Post.

12 May 2018 2:57 PM

Centre clears FDI proposals worth Rs 3,250 crore

Department of Economic Affairs stated that a total of five proposals were disposed of, out of which three were approved.

12 May 2018 11:02 AM