Search For "ministry of finance"
Indian Micro Finance sector grows by over 2,100% in 12 yrs
Updated : 1 year, 6 months ago IST
As per the MFI stateholders, the industry has grown more than 2176 per cent over 12 years.
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FIU-IND and IRDAI sign MoU for enhanced coordination and information excha
Updated : 1 year, 6 months ago IST
The Financial Intelligence Unit-India (FIU-IND) and the Insurance Regulatory and Development Authority of India (IRDAI) on Monday signed a Memorandum of Understanding (MoU), the Ministry of Finance stated in a press release.
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Centre keeps interest rates for small saving schemes unchanged in Junuary-
Updated : 1 year, 6 months ago IST
The central government has kept the interest rates unchanged on various small savings schemes for the January-March quarter of Financial year 2024-25, according to an official notification from the Ministry of Finance.
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There are signs that capital formation growth rebounding: Finance ministry
Updated : 1 year, 6 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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Centre releases XV Finance Commission grants for Rajasthan and Odisha
Updated : 1 year, 6 months ago IST
The Union Government, on Wednesday, announced the Fifteenth Finance Commission (XV FC) Grants for Rural Local Bodies (RLBs) in Rajasthan and Odisha for Financial Year 2024-2025, the Ministry of Panchayati Raj stated in a release.
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Government utilised 37.28 % of budgeted effective capex in H1FY25
Updated : 1 year, 6 months ago IST
The central government has utilized only 37.28 per cent of the budgeted Effective Capital Expenditure (ECE) in the first half of the financial year 2024-25, according to the data released by the Ministry of Finance.
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India, ADB sign USD 500 million loan to support green, sustainable infrast
Updated : 1 year, 6 months ago IST
The ADB loan, with a sovereign guarantee, will be extended to the India Infrastructure Finance Company Limited (IIFCL).
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Israel Police Calls Budget Cuts 'Double Blow' to All Officers
Updated : 1 year, 6 months ago IST
The Israel Police Command said that, over the past few weeks, it has been working to prevent the Ministry of Finance's intentions to "harm police officers' salaries," saying that planned budget cuts are, "beyond economic decrees that anyway make living in Israel more expensive for every c
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CBDT launches electronic campaign to resolve income and transaction mismat
Updated : 1 year, 6 months ago IST
This initiative targets the financial years 2023-24 and 2021-22, extending its scope to include individuals with taxable income or high-value transactions reflected in their AIS but who have not filed their ITRs for these years.
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Government has taken many steps during the year to boost trade: Finance Mi
Updated : 1 year, 6 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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CPSEs have outperformed benchmark indices; market cap increased 3.61 times
Updated : 1 year, 6 months ago IST
Ministry of Finance posted on X, "The CPSE indices have outperformed the benchmark indices in the stock market during the past three years (07-10-21 to 07-1024)"
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PSBs achieve Rs 1.41 lakh crore net profit; GNPA drops to 3.12 per cent
Updated : 1 year, 6 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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