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...

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...

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...

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...

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...

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...

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. ...

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 ...

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 ...

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...