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Public sector banks sanction loans worth ₹5.6 lakh crore in March and April, says Finance Minister Sitharaman

In a tweet, the office of Sitharaman said that the borrowers include MSMEs, retailers, farmers a…

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3 mins read

Indian markets could recover on Monday but earnings, global cues will decide the rest of the week, say experts

Indian stock markets are geared up for a dynamic performance in the coming week, influenced by a mu…

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2 mins read

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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1 min read

Will ensure banks pass on rate cut benefits to consumer: FM to India Inc

"The 1 year median marginal cost of funds-based lending rate (MCLR) declined by 90 bps (February 20…

PTI   


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1 min read

Yes Bank resumes operations; all banking services available for customers now

"Our banking services are now operational. You can now experience the full suite of our services. …

PTI   


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India's Finance ministry wants people to brush up on their 'budget vocabulary', launches Twitter series

As Union Budget is round the corner, we come across so many terms which leave us puzzled. So via “K…

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1 min read

Yes Bank resolution framework underway, depositors can withdraw money from Mar 18: Das

"We will resume full banking services from Wed, Mar 18, 2020, 18:00 hrs. Visit any of our 1,132 br…

PTI   


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FinMin releases Rs 17,287 cr to states

An amount of Rs 6,195 crore has been released as 'Post Devolution Revenue Deficit Grant' to 14 stat…

PTI   


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1 min read

Contractual employees to be paid during period of absence due to lockdown: Finmin

"Due to social distancing and isolation measures to contain spread of COVID19, there is a likeliho…

PTI   


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All Central government contract workers will be paid during lockdown

The instruction shall be in force till April 30, said an official memorandum by the Department o…

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1 min read

FinMin to organise Arun Jaitley Memorial Lecture on Mar 20 next year

New Delhi, Dec 28 () The Finance Ministry will organise a conference 'Arun Jaitley Memorial Lecture…

PTI   


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1 min read

Coronavirus: Govt declares expenditure system essential service for smooth payment functions

"The @FinMinIndia ensures uninterrupted and smooth functioning of the Government Expenditure syste…

PTI   


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Question of autonomy — As the Indian government tries to strong arm the country’s central bank, its governor threatens to resign

The Government in a Statement states that the autonomy for the Central Bank, within the framework o…

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A day before late Sushma Swaraj’s birthday, Nirmala Sitharaman walks in her footsteps

Yesterday, after a Twitter user sought Sitharaman’s help for his MSME firm. The user said, “Mada…

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Eco Survey indicates positive outlook for steel, oil and gas sectors: Pradhan

New Delhi, Jan 31 () The Economic Survey 2019-20 points to increasing steel production and consumpt…

PTI   


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Won’t tax agricultural income, says Jaitley

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Yes Bank comes out of moratorium; lender says all services available now

"To serve you better, our branches will open one hour earlier at 08:30 hours from March 19 to 21, …

PTI   


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Customers can access all banking services from Wed evening: Yes Bank

"Outward NEFT/IMPS/RTGS will resume from March 18, 2020, 18:00 hours. The limits for transactions …

PTI   


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India's largest bank is shutting down some international branches to save money

#ResponsibleBanking; PSBs to consolidate 35 overseas operations without affecting international pre…

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3 mins read

India crosses the trillion mark in tax collection in April, the first time since GST was implemented

With the improved economic climate, introduction of e-way bill and improved GST compliance, GST col…