finance ministry
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 billion), or 61.4% of ......
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 rupees ($3.92 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 framework set by 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 with immediate effect. "On...
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 plaguing its financial ......
TMT
Finance ministry likens cryptocurrencies to Ponzi scheme, warns investors
India’s finance ministry on Friday cautioned investors about the risks of trading in cryptocurrencies such as bitcoin, saying digital currency ......
Finance
Govt extends deadline for state-run firms to meet public float norms
The government has extended the deadline for state-run companies to meet the minimum public shareholding norms by one year to ......
Finance
Govt seeks deadline extension for public holding norms in state-run firms
The finance ministry is in talks with the Securities and Exchange Board of India (SEBI) to extend the August 2017 ......
General
Economy roundup: FinMin may find common ground with RBI on bad loans
The finance ministry and the Reserve Bank of India (RBI) appear to be on the same page on the question ......
General
Will railways lose its autonomy post the merger of rail & general budget?
The Union Cabinet on Wednesday approved a proposal to merge the railway and the general budgets. This will end a ......
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