Union Cabinet appoints and approves top posts in the 16th Finance Commission

Union Cabinet appoints and approves top posts in the 16th Finance Commission Read more »

PHDCCI hails GST Council decision to defer GST rate hike in Textile Sector

New Delhi : PHD Chambers of Commerce and Industry has welcomed the decision of GST Council to defer the hike in GST rate on textiles from 5 per cent... Read more »

Finance ministry to launch financial sector ETF, invites bid from advisors

The government seeks to launch an exchange-traded fund (ETF) consisting of stocks of PSU banks, insurers, and financial institutions this fiscal and has invited bids from advisors to explore... Read more »

Finance Ministry to model annual budget around the interim budget

A full-year budget will be presented by the Finance Minister Nirmala Sitharaman, on July 5. Finance ministry has said that it would use the interim budget allocations made to... Read more »

GST revenue reaches record high of Rs 1.06 trillion in March says Finance Ministry

GST collections rose to a record high of Rs 1.06 lakh crore in March, up from Rs 97,247 crore in the previous month, as compliance improved amid increased number... Read more »

Jan Dhan Accounts: Total deposits to reach the 1 lakh cr mark.

Prime Minister Narendra Modi’s financial inclusion programme will be worth Rs one lakh crore very soon. Pradhan Mantri Jan Dhan Yojana, which was launched in August 2015 by Modi... Read more »

Government to soon recapitalise some PSBs with Rs 10,000 cr

 The government is likely to recapitalise some state-run banks in urgent need by up to Rs 10,000 crore within a few days to help them meet regulatory capital requirements,... Read more »

Government’s nominee on ICICI Bank board transferred

The government has transferred bureaucrat Lok Ranjan, its nominee on the board of the controversy-hit ICICI Bank, from the Finance Ministry to the Department of Personnel and Training. According... Read more »