According to a tweet posted by the official handle of the finance ministry, the ministers exchanged views on priorities under the G20 FinanceTrack 2023.
The FMCBG meeting will be spread over two days with Union Finance Minister and RBI Governor Shaktikanta Das jointly steering the G20 FMCBG discussions under G20 India's Finance Track priorities, it added.
Reserve Bank of India Governor Shaktikanta Das and Monetary Authority of Singapore Managing Director Ravi Menon will launch the cross-border connectivity.
The Governor was speaking at a joint conference of the central bank and the Finance Ministry held after the address of Finance Minister Nirmala Sitharaman to the Central Board of Directors of RBI in the customary post-Budget meeting on Saturday.
The Supreme Court on Friday sought a response from the Ministry of Finance and the statutory market regulator, SEBI on how to ensure that Indian investors are protected in future against sudden volatility, after taking note of a recent market crash in the wake of a report by US short-seller
The Ministry of Finance on Monday provided a major relief to Micro, Small and Medium Enterprises (MSMEs) by asking ministries to refund performance security/ bid security and liquidated damages forfeited/ deducted during the COVID-19 pandemic, according to a press release.
As only hours are left before Union Finance Minister Nirmala Sitharaman will table the Union Budget for the financial year 2023-24, Minister of State for Finance Pankaj Chaudhary on Wednesday said that this budget would fine-tune with the expectations of the general public and that India'
Indian economy is expected to grow at 7 per cent (in real terms) during the financial year ending March 2023, according to the Economic Survey for 2022-23 released on Tuesday.
The ceremony marks the final stage of preparing the Union Budget. The finance minister begins the ceremony by stirring the halwa in the kadhai and then serves it to their colleagues at the ministry's headquarters in Delhi.
With a net income of PKR 2.5 trillion, Pakistan's total spending on debt servicing and defence reached over PKR 3.2 trillion more than the government's net income.
Besides reviewing the progress under the social security schemes promoting financial inclusion, public sector banks were exhorted to achieve the targets allocated to them under the schemes for the 2022-23, according to a statement from the ministry of finance.
The Police said the contractual employee was arrested for espionage activities in lieu of money and for providing classified data to foreign countries.