The FM Sitharaman also praised the record time in which the new building was completed and lauded the DRI's role in national security, safeguarding India's economic frontiers and its commitment to curbing smuggling.
The Ministry of Finance on Friday said it has asked the Reserve Bank of India (RBI) to ensure that the needs of small gold loan borrowers are not affected by the central bank's proposed new rules on lending against gold as collateral.
Union Finance Minister Nirmala Sitharaman will lead the Indian delegation at the 58th Annual ADB Board of Governors meeting in Milan, Italy, where she will participate in key sessions and hold bilateral talks with global finance leaders.
Union Minister of Heavy Industries and Steel H D Kumaraswamy welcomed the decision of the finance ministry to impose 12 per cent safeguard duty on steel products imports.
India's Direct Benefit Transfer (DBT) system has helped the country achieve cumulative savings of Rs 3.48 lakh crore by plugging leakages in welfare delivery, a new quantitative assessment by the BlueKraft Digital Foundation found, the Ministry of Finance said on Monday.
he Appointments Committee of the Cabinet has approved the appointment of four senior Indian Revenue Service (IRS) officers as Members of the Central Board of Direct Taxes (CBDT), according to an official order issued yesterday.
The Union Government on Thursday announced that the financial or banking institutions will not charge any fee for updating nominees for Public Provident Fund or PPF accounts.
As part of its commitment to social responsibility and volunteerism, the Ministry of Finance has launched four humanitarian and social initiatives during the Holy Month of Ramadan.
The Indian economy is estimated to achieve a growth of 6.5 per cent in FY25 despite considerable external headwinds, the Monthly Economic Review by the Department of Economic Affairs (DEA), Ministry of Finance said.
An ex-post facto approval has been granted to the Memorandum of Understanding (MoU), which was signed by the ministries of finance of India and Qatar in February, a statement from India's Finance Ministry said Tuesday.
China's finance ministry announced 15 per cent tariffs on imports of chicken, wheat, corn and cotton from the United States, as well as 10 per cent tariffs on imports of "sorghum, soybeans, pork, beef, aquatic products, fruits, vegetables, and dairy products," Chinese state media said.