Search For "finance ministry"
FM Nirmala Sitharaman meets health, education sector experts ahead of Budg
Updated : 1 year, 2 months ago IST
The Finance Ministry conducts several pre-budget consultation meetings annually with experts, industry leaders, economists, and state officials. The formal exercise to prepare the annual Budget for the next financial year has already begun.
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CII urges Finance Ministry for measures to boost consumption in Union Budg
Updated : 1 year, 2 months ago IST
With the Union Budget 2025-26 slated for February 1, the Confederation of Indian Industry (CII) has demanded a slew of measures from the Finance Ministry, urging that the focus should be on boosting consumption, upping the daily minimum wage, and raising the annual payout under the PM-KISAN
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India's growth outlook positive despite new uncertainties for global trade
Updated : 1 year, 2 months ago IST
As the world prepares to welcome a new year, fresh uncertainties have surfaced for global trade in the financial year 2026, according to the November monthly economic review by the Finance Ministry.
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There are signs that capital formation growth rebounding: Finance ministry
Updated : 1 year, 2 months ago IST
The Ministry of Finance on Thursday asserted in positive that there are signs of capital formation growth rebounding early in the second half of 2024-25.
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Central Board of Indirect Taxes and Customs launches new initiatives to en
Updated : 1 year, 3 months ago IST
The CBIC has introduced a revised Citizen's Charter, which provides updated timelines and service standards for key taxpayer services.
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National Infrastructure Readiness Index has helped in infrastructure devel
Updated : 1 year, 3 months ago IST
Highlighting the achievements of the National Infrastructure Readiness Index (NIRI), the Finance Ministry on Tuesday stated that it has paved the way for infrastructure development.
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Government has taken many steps during the year to boost trade: Finance Mi
Updated : 1 year, 3 months ago IST
A day after the commerce ministry released trade data for November showing the highest-ever trade deficit of USD 37.8 billion. The Ministry of Finance highlighted the various initiatives taken by the ministry this year to boost trade with other countries.
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Capital expenditures by CPSEs exceeding targets over last few years: Finan
Updated : 1 year, 3 months ago IST
The Department of Public Enterprises (DPE) has reported that capital expenditure (CAPEX) by Central Public Sector Enterprises (CPSEs) and other monitored organizations over the past few years has exceeded targets.
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Government-generated value for CPSE investors through stake sale, OFS and
Updated : 1 year, 3 months ago IST
As the year 2024 draws to a close, the Finance Ministry highlighted key achievements of its disinvestment drive, showcasing significant transactions led by the Department of Investment and Public Asset Management (DIPAM).
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PSBs achieve Rs 1.41 lakh crore net profit; GNPA drops to 3.12 per cent
Updated : 1 year, 3 months ago IST
Indian Public Sector Banks (PSBs) have recorded their highest-ever aggregate net profit of Rs 1.41 lakh crore in the financial year 2023-24, the Ministry of Finance said in a release on Sunday.
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Centre released Rs 71,889 crore to states under various heads for FY 2024-
Updated : 1 year, 3 months ago IST
The Centre has released Rs. 71,889 crore to the States under various heads for FY 2024-25 based on the recommendations of 15th Finance Commission (XV-FC), the Finance Ministry said on Sunday as part of its FinMin Year Review 2024 initiative.
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Department of Expenditure grants states additional borrowing ceiling of Rs
Updated : 1 year, 3 months ago IST
In a post on the social media platform X, the ministry added that the net borrowing ceiling for the states is fixed at 3 per cent of the Gross States Domestic Product (GSDP), i.e., Rs 9,39,717 crore for the financial year 2024-25 as per the recommendations of the Fifteenth Finance Commission
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