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CAD expected to deteriorate in FY23 on costlier import: FinMin Report

July 14, 2022 7:33 pm

The review released on Thursday by the ministry also said that global headwinds would continue to pose a downside risk to growth as crude oil and edibles, which have driven inflation in India, remain major imported components in the consumption basket.

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.

To give better control over state cos, DPE merged with Finance Ministry

July 08, 2021 12:56 am

Ministry of Heavy Industries and Public Enterprises, the parent ministry of DPE, will now be called the Ministry of Heavy Industries.

Impact of COVID-19 second wave on economy to remain muted: Finance Ministry report

May 07, 2021 4:22 pm

The fiscal position of the central government, it said, has witnessed an improvement in the recent months with a revival in the economic activities during the second half of FY2020-21.

Finance ministry allows additional Rs 7,106 crore borrowing by UP and AP

October 02, 2020 4:08 pm

"The Ministry of Finance has granted additional borrowing permission to two more states, Uttar Pradesh and Andhra Pradesh, for successfully undertaking reforms in the public distribution system (PDS) and ease of doing business," an official statement said.

Budget 2020 Nirmala Sitharaman, Budget 2020 NRI Tax, Tax on NRI income, Indian Express business news

Government sets Rs 1.1 lakh crore monthly GST collection target; asks taxmen to buckle up

December 17, 2019 5:41 pm

Revenue Secretary Ajay Bhushan Pandey had a video conference meeting with top tax officials and impressed upon them to step up measures to achieve direct and indirect tax collection target.

FinMin mulls interim agency to set up debt management office

July 23, 2014 3:22 am

An OSD will be in-charge of setting up the office of the debt management agency.

FinMin likely to seek Cabinet nod for 10% stake sale in CIL

July 18, 2014 2:04 am

The plans for a 5% listing in the PSU were shelved last fiscal after opposition from trade unions.

To reach stake sales target, FinMin lines up PSUs for disinvestment

July 16, 2014 1:09 am

The finance ministry plans to raise funds through the exchange traded funds for central public sector enterprises.

FinMin: No merger plans for United Bank of India

February 20, 2014 2:16 am

Asks lender to initiate inquiry in misreporting of bad loans.

Why TikTok escaped Nepal’s social media ban and the list of sites that went dark

World2 hr ago

Nepal has imposed strict internet restrictions, blocking access to over two dozen social media platforms for failing to register with authorities. This sparked protests by young people, leading to a curfew and deployment of the army. TikTok was the only major platform still accessible, having complied with registration and government oversight.

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