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finance ministry

Govt may create 'bad bank' to deal with stressed assets of PSBs

Economy

09 June, 2018

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 ......

Finance ministry likens cryptocurrencies to Ponzi scheme, warns investors

TMT

29 December, 2017

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 ......

Govt extends deadline for state-run firms to meet public float norms

Finance

15 July, 2017

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 ......

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Govt seeks deadline extension for public holding norms in state-run firms

Finance

29 June, 2017

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 ......

Economy roundup: FinMin may find common ground with RBI on bad loans

General

06 October, 2016

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 ......

Will railways lose its autonomy post the merger of rail & general budget?

General

21 September, 2016

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 ......

Economy round-up: Cabinet to mull early budget; Modi to chair railway meeting

General

21 September, 2016

Economy round-up: Cabinet to mull early budget; Modi to chair railway meeting

The Union cabinet is set to meet on Wednesday to consider a proposal to bring forward the budget presentation to ......

Economy round-up: Railways to retain autonomy; govt sets up war room for GST rollout

General

20 September, 2016

Economy round-up: Railways to retain autonomy; govt sets up war room for GST rollout

Even as the government moves to merge the railway and the Union budgets, the railways will retain its autonomy when ......

Economy round-up: Drought plan in offing; Parliament may meet sooner to pass GST bills

General

19 September, 2016

Economy round-up: Drought plan in offing; Parliament may meet sooner to pass GST bills

The central government will next month unveil a plan to fight drought that will involve the ministries of rural development, ......

Rupee drops on devaluation report; govt denies move

General

15 September, 2016

Rupee drops on devaluation report; govt denies move

The rupee almost went into a freefall on Thursday after a news channel reported that the commerce ministry was set ......