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Finance Ministry
Business  /  Published 11.10.21

'Economy swiftly recovering'

Strategic reforms and the rapid vaccination drive has placed the country on the path to swift recovery by enabling the economy to "navigate the ravaging waves" of the COVID-19 pandemic, acco...
By Our Bureau, PTI in New Delhi

Business  /  Published 08.10.21

States get Rs 40,000-cr GST dues

The finance ministry on Thursday released Rs 40,000 crore to states and Union territories to compensate them for the shortfall in GST revenues, taking the total amount released as loan so far this fis...
By Our Special Correspondent in New Delhi

Business  /  Published 01.10.21

GST collection at record high

India's GST collection remained above Rs 1 lakh crore for the third month in a row at over Rs 1.17 lakh crore in September, raising expectations that second half of the year will post higher reven...
By Our Bureau, PTI in New Delhi

Business  /  Published 29.09.21

Pitch for rating upgrade

Finance ministry officials and representatives of Moody’s on Tuesday discussed economic growth prospects, during which India pitched for an upgrade in its sovereign rating outlook. Sources said...
By Our Bureau in New Delhi

Business  /  Published 25.09.21

Austerity curbs on govt depts relaxed

The finance ministry has decided to lift the expenditure restrictions on central ministries and departments slapped in June in the wake of the second Covid wave — a move that is expected to kick...
By Our Special Correspondent in New Delhi

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Business  /  Published 22.09.21

Centre divided over e-commerce rules

India’s plan to tighten rules on its fast-growing e-commerce market has run into internal government dissent, memos reviewed by Reuters show, with the ministry of finance describing some proposa...
By Reuters in New Delhi

India  /  Published 20.09.21

Govt to begin budget prep from October 12

The finance ministry will kick-start the exercise to prepare the annual Budget for 2022-23 from October 12 amidst signs of revival of the Indian economy hit hard by the Covid-19 pandemic. The budget ...
By Our Bureau, PTI in New Delhi

Business  /  Published 18.09.21

Bid to raise demand for corp bonds

The government is working on setting up a “backstop facility” as announced in the Union budget in a bid to deepen the corporate bond market, a senior government official said on Friday. A...
By PTI in New Delhi

Business  /  Published 16.09.21

Tatas, Singh table bids for AI

The Tatas and SpiceJet promoter Ajay Singh have submitted financial bids to buy troubled national carrier Air India. The last date for submitting the bids was Wednesday. “Financial bids for Air...
By Our Special Correspondent in New Delhi

Business  /  Published 14.09.21

FinMin reward for 11 states

  The Finance Ministry has permitted 11 states to borrow an additional amount of Rs 15,721 crore after these states achieved the capital expenditure target set for the June quarter. These state...
By Our Bureau, PTI in New Delhi


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