The finance ministry on Wednesday said the regulations mandating airlines to mandatorily share PNR details of foreign travellers with the customs are intended to enhance interdiction capabilities of a...

The Centre has dropped two proposed surveys on employment generated by professionals like doctors and lawyers at their clinics or offices and on employment generated in the transport sector. Both sur...

■ Ministries told not to announce new schemes which will raise revenue expenditures ■ Some schemes may be deferred: the textiles promotion scheme and the extension of export duty rebate scheme to...

Under fire for extending GST on food items, finance minister Nirmala Sitharaman tweeted that 14 items when sold in loose will not attract GST. Twitter then began to debate on the sale of loose curd. ...

The country’s trade deficit touched an all-time high of $26.18 billion as imports expanded 57.88 per cent to $66.31 billion in June because of a doubling of oil imports and a spike in the inflow...

The Centre wants PSU bank to focus on the rural segments as bank credit show signs of picking up among retail lenders and SMEs. Finance minister Nirmala Sitharaman on Thursday asked public sector ban...

The additional government spending on subsidies and the recent cuts in fuel excise duties pose a threat to the budget deficit even as global factors may slow down growth, the finance ministry said in ...

Industry is unhappy with the repo rate hike by the RBI even as the finance ministry admitted a lack of available solutions to tackle the twin menace of high inflation and low growth. “There can...

The finance ministry on Tuesday said it has released Rs 86,912 crore to clear  all the Goods and Services Tax (GST) compensation dues till May 31. “This decision has been taken despite the...

Finance Minister Nirmala Sitharaman on Friday said "cartelisation is going to be a challenge" and stressed on the need to look at supply disruptions in order to ensure that there are no mono...