Page 77 - Finance Ministry

Two key tasks for Sitharaman

The IBC needs serious reform; competition law requires a review

Finance Ministry invites applications for Managing Director post at IIFCL

The last date for submitting application for the post is June 24, 2019. The appointment will be initially for three years and may be extended by up to two years based on performance

FinMin to launch ETF with bank stocks, financial institutions this fiscal

After the resounding success of CPSE ETF and Bharat-22 ETF, the government is looking at diversifying the ETF basket by including stocks public sector banks and financial institutions

Post-retirement jobs just a handshake away for finance ministry officials

While FinMin mandarins remain favourites for plum positions after hanging their boots, jobs in the current decade are mostly executive positions, as compared to sinecure earlier

Finance Ministry to stick to capital infusion plan for PSU banks: Report

The capital infusion would help improve the financial health of banks

Finance Ministry seeks input from ministries for next Budget by Nov 30

Finance ministry has requested the ministries to send material related to their departments that may merit inclusion in the finance minister's budget speech for 2019-20

FinMin invites bids from MFs, AMCs to manage debt exchange-traded fund

The Debt ETF would help these state-run companies and banks help meet the capex and business needs

Centre planning share sale offer of General Insurance, New India Assurance

General insurer New India Assurance had raised Rs 96 billion in the initial public offer

FinMin eyes Rs 80 bn through CPSE ETF, issue likely by November-end

The ministry is in the process of rejigging the companies in the ETF and will include four new CPSEs after removing three existing companies

Finance Ministry says it is confident that rupee will gain, oil will slip

Ministry officials said the stock market has been affected by external factors, and that the fundamentals of the Indian economy remain strong

Contactless banking to be the new paradigm: Fin Services Secretary

Easy availability of credit will also foster India's entrepreneurial spirit, he added

Finance Ministry likely to issue advisory halting excess expenditure

One of the key components of the relook at expenditure is cutting down on reborn centrally-sponsored schemes

Finance Ministry pegs dollar value at Rs 73.65 for computing import duty

In case of Pound Sterling, the value has been fixed at Rs 97.40 as compared to Rs 94.30 earlier

Prepare a list of the public sector banks that can be merged: Govt asks RBI

In a meeting this month, finance ministry officials also asked the Reserve Bank of India to suggest a time frame for the consolidation, the people said

Finmin proposes relaxing RBI directive on data storage for payment firms

The proposal comes as a relief for companies including MasterCard, Visa and American Express that fear India's data onshoring move could cost them millions of dollars

What Jaitley's two FB posts tell us about the economy and finance ministry

A 'virtual' resignation and the resolve to raise the tax-to-GDP ratio by 1.5 percentage points say a lot about North Block

FinMin mulls transferring shares of 5 sick CPSE to a fund to meet Sebi norm

The finance ministry would be discussing with market regulator Sebi to allow transfer of shares in these companies to SNIF

Finance Ministry plans to build a fund under NIIF for strategic investments

The NIIF plans to raise Rs 80 billion from various sources to fund projects worth Rs 160 billion for the current fiscal

Finance ministry clears FDI proposal worth Rs 1.90 cr in November

A proposal from SBI Macquarie Infrastructure Management Pvt Ltd was rejected, it said

Suppliers shouldn't pay inspecting officials' bills: FinMin to ministries

Inspection teams comprise officials who ensure that the material or goods being procured from the supplier or vendor pass the prescribed quality checks