Finance Ministry
Business  /  Published 27.11.20

Life premium paid back as LTC

The premium paid for insurance policies purchased between October 12, 2020 and March 31, 2021 by central government employees will be eligible for reimbursement under the LTC cash voucher scheme. Iss...
By PTI in New Delhi

Business  /  Published 20.11.20

Power firms seek loan recast

The Supreme Court on Thursday asked the finance ministry and the RBI to respond to the plea of the power producers to restructure Rs 1.2 lakh crore of their loans in the wake of the pandemic even as t...
By Our Legal Correspondent in New Delhi

Opinion  /  Published 06.11.20

Unreformed: Former Fin Secretary's anguish

The former finance secretary, Subhash Chandra Garg, recently revealed his anguish on being transferred from the ministry, allegedly at the behest of the finance minister, Nirmala Sitharaman. What is r...
By The Editorial Board in

Business  /  Published 05.11.20

Cabinet exudes optimism on economy

The government is optimistic about the economy coming back on the rails at “more speed than expected”. After a review by the Union cabinet, information and broadcasting minister Prakash J...
By Our Special Correspondent in New Delhi

Business  /  Published 03.11.20

No increase in bank charges, says ministry

The Finance Ministry on Tuesday said that there has been no increase in service charges by any public sector bank even as Bank of Baroda decided to withdraw changes made with regard to the number of f...
By Our Bureau and Agencies in New Delhi

Business  /  Published 03.11.20

GST: states get Rs 6000 in dues

The Centre has borrowed Rs 6,000 crore from the markets and transferred the money to 16 states and three Union Terrtories on Monday as part of the exercise to meet the shortfall in GST cess collection...
By Our Special Correspondent in New Delhi

Business  /  Published 03.11.20

MSME loan extension

The government on Monday decided to extend the Emergency Credit Line Guarantee Scheme for MSMEs by one month till November 30 as the scheme has failed to meet the target to disburse Rs 3 lakh crore. ...
By Our Special Correspondent in New Delhi

Business  /  Published 24.10.20

GST shortfall: 16 states get Rs 6000cr

The Centre has borrowed and transferred Rs 6,000 crore as the first tranche of GST compensation under the special borrowing window to 16 states even as some states continue to demand a meeting of the ...
By Our Special Correspondent in New Delhi

Books  /  Published 23.10.20

Myopic vision: India's central bank and ministry of finance

Historically, the RBI had been closely controlled by the government. Since the mid-1990s, there had been a global trend of making central banks independent. Until the Fiscal Responsibility and Budget ...
By Anup Sinha in

Business  /  Published 16.10.20

V-shape for FM

Finance minister Nirmala Sitharaman on Thursday said the V-shaped pattern of recovery is being seen in several high-frequency indicators, driven by various measures taken by the government to revive e...
By PTI in New Delhi


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