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India's forex reserves sufficient to cover 11 months of projected imports

India's foreign exchange reserves which have reached an all-time high are sufficient to cover 11 mo…

ANI   


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Public sector banks asked to reassess gold loan process amid debt risk concerns

The Ministry of Finance has written to public sector banks to reassess their gold loan procedures a…

ANI   


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Centre releases ₹1,39,750 crore to states towards tax devolution for June

The biggest chunk of the fund went to Uttar Pradesh at Rs 25,069.88 crore, followed by Bihar at Rs …

ANI   


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Indian economy remains in bright spot: Ministry of Finance

In contrast to a cautious assessment of the global scenario, the Indian economy continues to exhibi…

ANI   


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Indian economy likely to grow 7% next financial year: Ministry of Finance

The Indian economy is projected to grow close to 7 per cent in the financial year 2024-25 that star…

ANI   


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RBI initiates transition plan: Small finance banks to ascend to universal banking status

According to the guidelines, SFBs seeking to transition into Universal Banks must meet specific eli…

ANI   


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I-T dept conducts survey at some entities of Hinduja Group

The Income Tax department on Wednesday conducted a survey operation at some entities of the Hinduja…

PTI   


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Foreign companies exiting Russia are massively boosting Moscow's finances this year but not by choice

Russia's tough rules for companies departing its market — including the payment of "exit taxe…

Huileng Tan   


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RBI Monetary Policy Meeting: Central Bank likely to keep rates steady

Reserve Bank of India Governor Shaktikanta Das will announce the outcome of the first Monetary Poli…

ANI   


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U.S. Economy Soars: 3 lakh jobs added in 39th consecutive month of growth, boosting confidence and easing inflation concerns

Economists and market investors alike are finding renewed confidence in the resilience of the U.S. …

ANI   


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Govt hikes windfall tax on domestic crude, reduces levy on export of diesel

As per the Gazette of India, the Ministry of Finance, Department of Revenue, issued two notificatio…

ANI   


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Blue Economy 2.0: Five integrated Aqua Parks to be set up

In a bid to boost the fisheries sector, Finance Minister Nirmala Sitharaman has said that five inte…

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Govt to set up more medical colleges by utilising existing hospital infrastructure: Sitharaman

The government plans to set up more medical colleges by utilising existing hospital infrastructure…

PTI   


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Boosting Pharma-MedTech: India allocates Rs 5,000 crore to propel research and innovation

In a move towards advancing research and innovation in the pharmaceutical and medical technology (P…

ANI   


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Govt grants one-time exemption to LIC to achieve 25% minimum public shareholding

The central government has granted a one-time exemption to Life Insurance Corporation of India (LIC…

ANI   


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I'm a Ukrainian CEO trying to finance our nation's reconstruction. Asking for billions of dollars is tough but vital work.

Julia Kiryanova traveled to Berlin, Washington, DC, Brussels, and London to lobby business leaders …

Thibault Spirlet   


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Finance workers in London are most exposed to the threat of AI, and it should put Wall Street on notice – study shows

A UK-based analysis found that the finance and insurance sectors are the most exposed to advances i…

Beatrice Nolan   


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Government invites suggestions for union budget 2023-24

"Inviting Ideas and Suggestions for Union Budget 2023-2024 | http://MyGov.in," she said in a t…

ANI   


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India's external debt of $620bn is sustainable: Finance Ministry report

In a recent report, the Department of Economic Affairs said the country's external debt continue…

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Centre releases ₹7,183 crore PDRD grant to 14 states

The grant has been released as per the recommendations of the 15th Finance Commission. The pa…