finance ministry
Economy
India to use revenue surge to fund welfare drives, not beat fiscal deficit target - sources
India will utilise a big bump in revenue collection to fund welfare programmes instead of trying to ...
Infrastructure
Govt allows private provident funds to invest in domestic VCs, infrastructure funds
The government of India has opened the door for “recognised provident funds” to invest in ...
Finance
Govt wants RBI to buy out stressed assets of shadow banks
India’s finance ministry wants the Reserve Bank of India to set up a fund to buy out stressed ...
Markets
Sensex records worst weekly fall in three weeks on poor earnings, hawkish Fed
Indian shares reversed course and ended higher on Friday, led by gains in information technology (IT...
Finance
Fiscal deficit crosses 61% of budgeted target in first three months of 2019-20
India’s fiscal deficit in the three months ending in June stood at 4.32 trillion rupees ($62.80 ...
Economy
RBI to transfer interim surplus of nearly $4 bn to govt
The Reserve Bank of India (RBI) on Monday decided to transfer an interim surplus of 280 billion ...
Economy
RBI accountable to govt, says chairman of central bank panel
The Reserve Bank of India is accountable to the government and should make policies within the ...
Finance
RBI governor Urjit Patel quits amid friction with govt over autonomy
Reserve Bank of India governor Urjit Patel on Monday announced that he would be leaving the post ...
Economy
Govt may create 'bad bank' to deal with stressed assets of PSBs
India has set up a panel of experts to explore mechanisms for resolving the burgeoning bad debts ...
TMT
Finance ministry likens cryptocurrencies to Ponzi scheme, warns investors
India’s finance ministry on Friday cautioned investors about the risks of trading in ...
