Page 26 - Finance Ministry

Awaiting govt, RBI advisory on SWIFT transactions with Russian assets: PNB

The country's second-largest bank Punjab National Bank said it was awaiting advisory from the Finance Ministry and the Reserve Bank with regard to SWIFT-related transactions with Russian entities

Finance ministry asks ministries to surrender savings by March 21

The finance ministry has asked departments and ministries to surrender savings, if any, for the current financial year 2021-22 by March 21.

FinMin to monitor revenue, expenditure on daily basis from March 15

Keen to keep government deficit within stated targets, the finance ministry will from March 15 start daily monitoring of the revenue receipts, including tax collections, as well as expenditure.

Pace of govt capital expenditure not robust enough, feel policymakers

The years FY21, FY22 and targets for FY23 have seen substantial jump in the Centre's capex outlay.

Higher nominal GDP may give Centre a leeway to cut duty on petrol, diesel

Former RBI governor C Rangarajan believes it would be 13 per cent, though his projection came before the war

LIC IPO to be delayed or not? GoM likely to take a call tomorrow

Merchant bankers say situation not ripe for IPO of this size

Ease of doing business: Sitharaman to launch e-Bill processing system

The Finance Minister had announced this major e-governance initiative in the Union Budget 2022-23 presented in Parliament on February 1

IPR plays important role in strengthening growth, focus on development: FM

The Finance Minister mentioned that 28,000 patents were granted last year as opposed to 4,000 in 2013-2014 and last year also witnessed registration of 2.5 lakh trademarks and over 16,000 copyrights

Need govt support, specific incentives for services sectors: Exporters

SEPC says travel, tourism and hospitality sectors need govt support

Financial institutions need to be more people-centric for next 25 years: FM

For the next 25 years, we (financial institutions) have to be a lot more people-centric and try to see what they want, said Finance Minister Nirmala Sitharaman

Indian economy poised for recovery, but high crude prices worrisome: CEA

The banking sector in the country is stable, capital is available and credit offtake is poised to take off, said CEA V Anantha Nageswaran at a webinar organised by Bharat Chamber of Commerce

Advertisers must put disclaimers for highly risky cryptos from Apr 1: ASCI

The guidelines say advertisers will have to carry the disclaimer - "crypto products and NFTs are unregulated and can be highly risky

Maintain constant vigil on financial sector: FM Sitharaman to regulators

The Financial Stability and Development Council (FSDC) meeting attended by various financial sector regulators comes against the backdrop of rising tension between Russia and the US over Ukraine

Need to separate individual from institution: FM Nirmala Sitharaman

Sitharaman is in the country's financial capital on a two-day post-Union Budget customary visit

Women reluctant to join company boards, says FM Nirmala Sitharaman

The remarks come even as the statutes mandate top 1,000 companies to have at least one independent woman director.

FM Nirmala Sitharaman asks banks to be more customer-friendly

The minister also made it clear that banks do not have to be lenient on credit underwriting standards by taking any adverse risks on a proposal

Govt to soon decide on giving additional charge of New India Assurance CMD

Banks Board Bureau, the headhunter for state-owned banks and financial institutions, is the advisory body formed by the government in 2016 for selection of candidates for top-level board appointments

I-T department raids premises of ex-NSE chief Chitra Ramkrishna

FinMin seeks answers on governance; worried it may hit investor confidence

Did not expect this from Manmohan Singh, says FM Nirmala Sitharaman

Nirmala Sitharaman said Singh is remembered for having brought India to "fragile five" and rampant inflation during his term

Amid raids on ex-MD, Cong questions silence of PM, FM on NSE's functioning

Ramkrishna hit the headlines after a recent Sebi order said she was steered by a yogi, dwelling in the Himalayas in the appointment of Subramanian as NSE's group operating officer and advisor to MD