Page 21 - Finance Ministry

Support Agniveers after tenure completion: FinMin to PSBs, insurance firms

Post the announcement of the scheme protests have erupted across several states with the Opposition slamming the centre for hastily drawing up the plan

India proposes settling Russia trade in rupees as purchases rise: Report

New Delhi plans to use about $2 billion equivalent of rupees deposited at Russia's state-controlled VTB Bank PJSC and Sberbank of Russia PJSC

Time to rationalise

GST structure needs improvement

Alok Kumar Choudhary appointed State Bank of India MD for 2 years

Choudhary would hold the position of MD till his superannuation on June 30, 2024

PSBs to hold credit outreach drive across all districts on Wednesday

State-owned lenders to address public queries on credit facility and enrolment for various schemes

FinMin releases revenue deficit grant of Rs 7,183 cr to 14 states

States will get a total revenue deficit grant of Rs 86,201 cr in FY23, which will be released in 12 equated monthly instalments

Centre working on mechanism to resolve GST disputes with states: Report

The finance ministry is working on the procedures of the GST dispute resolution mechanism as some of the states have been demanding

LIVE: British Prime Minister Boris Johnson wins confidence vote

Catch the latest new on ousted BJP leaders controversial comments, the coronavirus, Ukraine war and other headlines.

Forecast for historic rupee low grows as oil prices widen deficit

The bearish forecasts -- which will see the rupee drop as much as 4% from current level -- stem from a deterioration in India's external finances

Sitharaman set to launch single nodal agency dashboard on Tuesday

SNA dashboard forms part of public financial management reform that was initiated in 2021 with regards to the manner in which funds for Centrally Sponsored Schemes are released, disbursed, monitored

First set of NPAs likely to be transferred to bad bank next month: FinMin

NARCL is a special purpose asset reconstruction company for taking over the large value NPA accounts (above Rs 500 crore) from banks.

PM Modi launches new series of coins with Azadi Ka Amrit Mahotsav design

"These new series of coins will remind people of the goal of amrit kal and motivate people to work towards the development of the country," Modi said

RBI's MPC starts 3-day deliberations amid speculation of rate hike

There are speculations that the central bank may go for at least 35 basis points (bps) hike over and above the 40 bps hike effected last month after an off-cycle MPC meeting

PM Modi inaugurates 'Iconic Week' celebrations, launches Jan Samarth portal

PM Modi kick-started the "iconic week" today, celebrated between June 6 and June 11, 2022, and launched a portal for credit-linked government schemes called Jan Samarth Portal

PM Modi to inaugurate 'Iconic Week Celebrations', launch Jan Samarth portal

Prime Minister Narendra Modi will inaugurate the 'Iconic Week Celebrations' of the Ministry of Finance and Ministry of Corporate Affairs today at Vigyan Bhawan in Delhi.The "iconic week" is being celebrated as part of the 'Azadi Ka Amrit Mahotsav' (AKAM) from June 6 to June 11, 2022.PM Modi will launch the national portal for credit-linked government schemes - Jan Samarth Portal. It is a one-stop digital portal linking government credit schemes that directly connect beneficiaries to lenders.According to the Prime Minister's Office, the main purpose of the Jan Samarth portal is to encourage inclusive growth and development of various sectors by guiding and providing them with the right type of government benefits through simple and easy digital processes. The portal ensures end-to-end coverage of all the linked schemes.The Prime Minister will inaugurate a digital exhibition that traces the journey of the two ministries, Finance and Corporate Affairs, over the past eight years. He will .

PM to inaugurate 'iconic week' of Finance, Corporate Affairs ministries

The "iconic week" is being celebrated as part of the 'Azadi Ka Amrit Mahotsav' (AKAM) from June 6 to June 11, 2022

Ferro Scrap Nigam privatisation: Deadline to submit bids extended again

The last date for submitting initial bids for the privatisation of FSNL has been extended to June 17

Govt releases Rs 86,912 cr to states, clears entire GST compensation dues

To meet the shortfall in GST compensation to states, the Centre said that it borrowed Rs 1.59 trillion in FY22 and Rs 1.1 trillion in FY21 from the market and passed them on to the states

Consultation paper on crypto almost ready; to be submitted soon: DEA Secy

Ajay Seth also said that a global response is needed to deal with the challenges posed by crypto

Advance action on bank privatisation underway, says DFS secretary

In the Union Budget for 2021-22, the government announced its intent to take up the privatisation of two PSBs in the year and approved a policy of strategic disinvestment of public sector enterprises.