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Finance Ministry
Business  /  Published 01.10.22

Additional excise duty on petrol, diesel put off

The government has put off by one month the levy of an additional Rs 2 per litre excise duty on petrol and diesel that is not doped with ethanol and bio-diesel in a bid to give the industry more time ...
By PTI in New Delhi

Business  /  Published 30.09.22

Borrowing target pruned

■ Borrowing target down Rs 10,000cr to Rs 5.92 lakh cr ■ Centre to issue Rs 16,000cr sovereign green bonds ■ Will conduct 20 weekly auctions ■ CAD at 2.8% of GDP in Q1, the highest in 10 ye...
By Our Special Correspondent in Mumbai

Business  /  Published 18.09.22

Modi govt awakens to inflation crisis

Logistics costs A comprehensive action plan, integration of logistics-related digital systems, and an online mechanism for secure exchange of documents are key elements of the national logistics poli...
By Our Special Correspondent in New Delhi

Business  /  Published 12.09.22

Easier insurance entry rules

The finance ministry is contemplating changes in insurance laws, including reduction in minimum capital requirement, with a view to increasing the insurance penetration in the country. Insurance pene...
By PTI in New Delhi

Business  /  Published 08.09.22

Banks told to push Re-linked trade deals

The finance ministry on Wednesday held a meeting with banks and other stakeholders as it sought to promote the settlement of international trades in rupees. In July, after the rupee had touched recor...
By Our Special Correspondent in Mumbai

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Business  /  Published 02.09.22

GST kitty swells 28%

The Goods and Services Tax collection soared 28 per cent to Rs 1.43 lakh crore in August from Rs 1.12 lakh crore a year ago, aided by rising demand, higher rates and greater compliance. However, the ...
By Our Special Correspondent in New Delhi

Business  /  Published 31.08.22

Banks told to step up credit flow

The finance ministry on Tuesday asked the public sector banks to step up lending to productive sectors as part of a review of their first-quarter results. The meeting chaired by financial services se...
By Our Special Correspondent in New Delhi

Business  /  Published 10.08.22

Airlines to share PNR details with govt

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...
By PTI in New Delhi

India  /  Published 27.07.22

Centre 'no' to survey on jobs

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...
By Basant Kumar Mohanty in New Delhi

Business  /  Published 26.07.22

Govt set to curb spending

■ 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...
By R. Suryamurthy in New Delhi


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