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Finance Ministry
India  /  Published 08.04.19

Election Commission's ‘strong’ advice to Centre on raids

The Election Commission on Sunday “strongly advised” the finance ministry that any action by its enforcement agencies during the poll season should be “neutral” and “non-discriminatory” an...
By PTI in New Delhi

Business  /  Published 31.10.18

Govt tries to calm investors amid Urjit Patel resignation buzz

The Centre stressed on Wednesday that the autonomy of the Reserve Bank of India (RBI) is “essential” as it sought to calm investors worried about a growing public quarrel with the central bank.Sto...
By Reuters in Mumbai

India  /  Published 18.11.18

What RBI can give and what govt wants to take

The board of the Reserve Bank of India hunkers down on Monday to discuss a raft of contentious issues ranging from relaxed lending rules for small and medium businesses to the more explosive topic of ...
By Vivek Nair in Mumbai

Business  /  Published 06.10.19

Budgetary exercise from October 14

The finance ministry will kickstart the exercise to prepare the annual budget for 2020-21 from October 14 which, among other thing, will have to address critical issues pertaining to slowdown in growt...
By PTI in New Delhi

Business  /  Published 13.05.20

Tax breaks, easier loans & act of God

MSME definitionAs part of the changes, the definition of MSMEs has been redefined so that if they grow in size they can still reap the benefits of government schemes. The investment limit which define...
By Paran Balakrishnan in New Delhi

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India  /  Published 31.10.18

Centre scurries to calm RBI turmoil

An air of petulance and a strongly rumoured threat of resignation hung over Mint Street as a row between the finance ministry and the Reserve Bank of India over the boundaries of the central bank’s ...
By Jayanta Roy Chowdhury in New Delhi

Business  /  Published 31.10.18

Autonomy of RBI essential: Finance ministry

The Finance ministry on Wednesday said the government has “nurtured and respected” the autonomy of the central bank and has been holding extensive consultations with it on many issues.”The auton...
By PTI in New Delhi

Business  /  Published 04.09.19

Infrastructure firms rue slow project pace

Finance minister Nirmala Sitharaman on Wednesday met the representatives of the infrastructure sector, which is critical for economic growth and job creation, amid a buzz that the government was plann...
By Our Special Correspondent in New Delhi

Business  /  Published 23.04.20

Freeze on DA to mop up Covid fund

The government on Thursday froze inflation-linked allowance for its 1.1 crore employees and pensioners, a move states are likely to replicate, helping save a combined Rs 1.2 lakh crore that could be u...
By PTI in New Delhi

Business  /  Published 16.05.19

Bid to rejig welfare schemes

A high-level government meeting on Wednesday explored ways to rationalise the expenditure on the centrally-sponsored welfare schemes as the Centre targets to rein in the fiscal deficit to 3.4 per cent...
By Our Special Correspondent in New Delhi


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