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Finance Ministry
Business  /  Published 20.07.22

Finance ministry introduces GST sop after backlash

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. ...
By Our Special Correspondent in New Delhi

Business  /  Published 15.07.22

Trade gap at USD 26 billion

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...
By Our Special Correspondent in New Delhi

Business  /  Published 08.07.22

FM push for rural credit

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...
By Our Special Correspondent in Mumbai

Business  /  Published 21.06.22

Upside risk to budget deficit

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 ...
By Our Special Correspondent in New Delhi

Business  /  Published 09.06.22

Limited options to tackle inflation, low growth

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...
By Our Special Correspondent in New Delhi

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Business  /  Published 01.06.22

GST dues of states cleared till May-end

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...
By Our Special Correspondent in New Delhi

Business  /  Published 20.05.22

Inflation: Sitharaman flags concerns

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...
By Our Bureau, PTI in New Delhi

Business  /  Published 01.05.22

GST revenues rise to Rs 1.68 trillion in April

The GST collection in April touched the highest ever level of about Rs 1.68 lakh crore (trillion) , up 20 per cent from the year-ago period, on improved compliance and recovery in business activity, t...
By PTI in New Delhi

India  /  Published 08.04.22

BJP in govt bins plea by old BJP on pension

The finance ministry has rejected a proposal to double the minimum monthly pension of Rs 1,000 for low-paid workers enrolled under the Employees’ Pension Scheme (EPS), 1995, the labour ministry ...
By Basant Kumar Mohanty in New Delhi

Business  /  Published 09.02.22

Bond auction cancelled as yields soar

The markets have been worried about the huge supply of paper in the next fiscal year given the government’s decision to raise its gross borrowing of Rs 14.95 lakh crore. The announcement in the ...
By Our Special Correspondent in Mumbai


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