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Tuesday, May 17, 2022

Finance Ministry


Growth, inflation risks from rising energy prices: Finance Ministry

April 08, 2022 1:02 am

'Heightened commodity prices, along with supply chain disruptions caused by geopolitical tensions between Russia and Ukraine pose a challenge to global economic activity'

For bond market liquidity, FinMin looking at institution for buying debt

February 28, 2022 7:28 am

The DEA is working closely with Sebi. Such an entity is being seen as crucial especially during times of stress in financial markets, which freezes liquidity sometimes even for investment-grade bonds.

India economy to grow at quickest pace among large nations: Finance Ministry's report

February 16, 2022 2:05 pm

"The current year may as well end with an economic reset manifest of a post-COVID-19 world...Manufacturing and Construction will be the 'growth drivers', triggered by the PLI schemes and public capex in infrastructure," the review report said.

After voluntary retirement accepted, ED joint director set to join politics

February 01, 2022 3:17 am

An encounter specialist with UP Police, Rajeshwar Singh joined ED in 2007 and was absorbed in the agency in 2014.

Finance Ministry to Ministries: Curb spends within RE

January 20, 2022 1:04 am

🔴 The proposal for Supplementary Demands for Grants may be projected after a thorough and objective assessment of additional requirements of funds, it said.

Public health groups, doctors urge govt to hike excise duty on tobacco products in next Union Budget

December 12, 2021 7:45 pm

In their appeals to the Finance Ministry, they have sought an increase in excise duty on cigarettes, bidis and smokeless tobacco.

Three names in the fray for next Chief Economic Adviser

December 12, 2021 12:22 pm

Two women candidates — Pami Dua, Professor, Delhi School of Economics, and Poonam Gupta, Director General, National Council of Applied Economic Research (NCAER) — along with Principal Economic Adviser Sanjeev Sanyal have been shortlisted by the government for the position, sources said.

Growth to gain further traction in remaining quarters: Finance Ministry

December 12, 2021 1:13 am

The strong recovery is evident from 19 of 22 high-frequency indicators in September, October and November, as they crossed the pre-Covid (the corresponding months of FY20) levels, the ministry said in its Monthly Economic Review for November.

Bonafide decisions leading to NPAs: New accountability norms to protect bankers

November 01, 2021 1:34 am

The move is aimed at comforting bankers in taking decisions on credit sanctions and at removing the fear of investigative agencies for commercial decisions that turn bad.

Clear Air India dues, buy tickets in cash: FinMin to central ministries, departments

October 28, 2021 9:42 am

“All ministries/departments are directed to clear Air India’s due immediately. Air tickets from Air India, may be purchased in cash until further instructions,” the DoE, under Finance Ministry, said in a memorandum Wednesday.


BJP a pro-poor government: Jayant Sinha

January 14, 2016 12:15 pm

New Delhi, Jan 14 (ANI): Addressing the 2016 Indo-Korea Business Summit, Minister of State for Finance Jayant Sinha on Thursday said that the Bharatiya Janata Party (BJP) is a pro-poor government and will always work for the upliftment of the country. He also said that Prime Minister Narendra Modi has always believed that the government is by the poor, for the poor and of the poor and added that this was helping India grow globally.

National Herald case: ‘Delighted’ Swamy says court will summon ministries

January 11, 2016 2:07 pm

New delhi, Jan 11 (ANI): Bharatiya Janata Party (BJP) leader Subramanian Swamy on Monday said the court will soon send summons to the ministries having documents related to the National Herald case. He informed that the court would send summons to Income Tax (IT), Enforcement Directorate (ED), Ministry of Corporate Affairs, Finance Ministry, Registrar of Companies and Delhi Development Authority (DDA) in connection with this case.