Page 47 - Finance Ministry

Key states turn down FM Nirmala Sitharaman's proposal to cut fuel tax

Cite constraints on revenue, already hit by Covid lockdowns; 'ball in Centre's court'

Economic Affairs Secy Tarun Bajaj to take charge of revenue department

Bajaj, an old hand at the Finance Ministry, assumed charge as Economic Affairs secretary in last May

GDP grows 0.4% in Q3: Pre-Covid times are here, says Finance Ministry

However, the economy grew by a much higher rate of 3.1 per cent in the fourth quarter of 2019-20

Growth in Dec qtr shows economy returned to pre-pandemic times: FinMin

The National Statistical Office (NSO) estimated the economy to contract 8 per cent during the full fiscal

Govt says pre-pandemic times are here as Q3 GDP grows at 0.4%

'Significant recovery in manufacturing and construction augurs well for the support these sectors are expected to provide to growth in FY22,' says Ministry of Finance

Reforms are good but can lead to tech terrorism: FM Nirmala Sitharaman

Says Budget shows govt trusts wealth creators, marking directional change

Sebi, Finmin seek detailed report from NSE as trading halts due to glitch

The issue came to light less than an hour after normal trading had commenced, with several brokers complaining of freezing of live price feeds

Bank stocks rise as embargo lifted on grant of govt business to pvt banks

An embargo on private sector banks to carry out govt-related transactions, including taxes and pension payments, has been lifted

Expect high GST collections to continue in Feb, say FinMin sources

Sources say the GST authorities have been using deep data analytics, integrated data-sharing to unearth input tax credit utilisation frauds via fake invoicing and bogus firms

PM Narendra Modi to address a webinar on divestment on February 24

The meeting will be attended by Finance Minister Nirmala Sitharaman and officials from finance and other government departments

Centre likely to go Canada way to set up SPV for land monetisation

Over the years, PSUs have been unsuccessful in selling their land assets due to pending litigation and lease terms

CPSE strategic sale: Govt makes security clearance mandatory for bidders

Financial bid would be opened by the evaluation committee on strategic disinvestment only after potential suitors get security clearance

States' GST revenue shortfall may be lower by up to Rs 40,000 cr this FY

The centre had set up a special window to borrow funds and pass on to the states for meeting the Rs 1.10 lakh crore GST revenue loss

GST compensation shortfall released to states touches Rs 1 trillion

The ministry on Friday released the 17th weekly instalment of Rs 5,000 crore to 23 states and 3 Union Territories (Delhi, Jammu & Kashmir & Puducherry)

Increased outlay may not cover NREGS dues as work demand grows unabated

This fiscal year also, of the amount allotted, around Rs 13,760 crore was spent on clearing the pending dues of the previous year

India to file appeal against Cairn's $1.2 billion arbitration award

New Delhi has time till March 21 to file an appeal in accordance with a 90-day window

India's inflation target band up for review: FM Nirmala Sitharaman

Govt seeks RBI's view on tweaks to CPI basket and if old weightings need to be changed

PSUs are going big on bond markets even as G-Secs find few takers

RBI devolves over Rs 20,000 crore in Rs 31,000-crore bond auctions

Top headlines: Sebi eases listing rules for large IPOs, Bitcoin hits record

A month into the Covid-19 immunisation drive, as many as 21 states and Union Territories (UTs) have not administered a single shot of Covaxin from Bharat Biotech. Read top news with Business Standard

Arbitration award: Cairn CEO to meet finance secretary on Thursday

Inter-ministerial meeting with officials of key govt departments today to discuss India's strategy