Chief Economic Advisor V Anantha Nageswaran said, “We welcome this development. JP Morgan has made this decision on their own. It attests to the confidence that financial market participants and financial markets, in general, have on India’s potential and growth prospects and its macroeconom
Foreign Portfolio Investors (FPIs) and Domestic Institutional Investors (DIIs) played a pivotal role in driving market buoyancy, according to the report.
In its latest Fiscal Risk Statement (FRS) 2023-24, Pakistan's Ministry of Finance has stated that federal government exposure to SOEs in the form of the outstanding stock of loans and guarantees was at 9.7 per cent of Gross domestic product (GDP) in FY21.
The Pakistan International Airline (PIA) has sought a bailout package worth Rs 23 billion Pakistani currency (approx. 75 million USD) from the government to continue its services amid the huge debt burden.
Union Secretary, Department of Financial Service (Finance Ministry) Vivek Joshi on the completion of nine years of Pradhan Mantri Jan Dhan Yojana said that there has been a good progress since 2015. Earlier per unit average was Rs 1000 and now it has increased to Rs 4000, he said.
The two-day Joint Group of Customs (JGC) meeting between India and Bangladesh was held in New Delhi where both sides discussed issues relating to customs cooperation and cross-border trade facilitation, finance ministry informed in an official release.
The government on Saturday imposed a 40 per cent duty on the export of onions to check price rise and improve supplies in the domestic market till December 31, 2023.
In its first quarterly performance report to the Asian Development Bank (ADB) on USD 1.5 billion Building Resilience with Active Country-cyclical Expenditures (BRACE) released on Thursday, the Ministry of Finance said the financial progress remained satisfactory on Countrycyclical Developmen
A meeting of the GST Council is set to be held on Wednesday via videoconferencing, where the members will discuss and take a final call on the proposal to levy 28 per cent GST on online gaming, casinos and horse racing, finance ministry officials told ANI.
Total revenues included AED63.5 billion of tax revenues, AED3.9 billion of revenues from social contributions, and AED48.2 billion of other revenues from property income, sales of goods and services, fines and penalties, and transfers not elsewhere classified
A contract worker employed in the Ministry of Finance has been arrested from Crossing Republik in an espionage case by the Ghaziabad police for sharing sensitive information with a Karachi number, the police said on Tuesday.
The Indian economy has carried the momentum from the past year into the current fiscal year and there has been no evidence by far that suggests a slowdown in the current financial year 2023-24, said the Department of Economic Affairs under Ministry of Finance in its monthly review report.