Search For "ministry of finance"
Household savings reflect changing consumer preferences
Updated : 2 years, 9 months ago IST
Between June 2020 and March 2023, the Stock of Household Gross Financial Assets increased by 37.6 per cent, while the Stock of Household Gross Financial Liabilities rose by 42.6 per cent, showing little difference between the two. Households added Net Financial Assets of Rs 22.8 lakh cror
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UAE, Philippines discuss strengthening financial and investment relations
Updated : 2 years, 9 months ago IST
Mohamed Hadi Al Hussaini, Minister of State for Financial Affairs, received a high-level delegation from the Republic of the Philippines at the Ministry of Finance’s Dubai office, in the presence of Younis Haji Al Khoori, Under-Secretary of the Ministry of Finance, and a number of Ministry’s
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Fourth Infrastructure Working Group meeting to be held in MP from Sept 21-
Updated : 2 years, 9 months ago IST
The fourth G20 Infrastructure Working Group meeting under the G20 India Presidency is scheduled to be held from September 21-22, 2023 in Khajuraho, Madhya Pradesh.
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Fourth G20 FWG meeting in Raipur explores future areas of work
Updated : 2 years, 9 months ago IST
This two-day meeting, held from September 18 to 19, was co-chaired by Ms Chandni Raina, Adviser, Ministry of Finance, Government of India and Ms Sam Beckett, Chief Economic Adviser, HM Treasury, UK, read the Ministry of Finance press release.
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UAE USD bond issue achieved strong results with oversubscription by 5 time
Updated : 2 years, 9 months ago IST
The Federal Government of the United Arab Emirates, represented by the Ministry of Finance, successfully closed its offering of a US dollar-denominated 10-years USD 1.5 billion bond maturing on September 2033, issued with a yield of 4.917 per cent representing a spread of 60 bps over US Trea
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Financial management group meeting addresses key economic issues under Ind
Updated : 2 years, 9 months ago IST
The fourth Financial Management Group (FWG) meeting, held recently under India's G20 presidency, in Raipur, brought together delegates to discuss critical topics concerning global economics.
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Centre announces welfare measures for LIC agents, employees
Updated : 2 years, 9 months ago IST
The Ministry of Finance on Monday approved a series of welfare measures for the benefit of Life Insurance Corporation of India (LIC) agents and employees.
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Defence Minister Rajnath Singh approves setting up of 23 new Sainik School
Updated : 2 years, 9 months ago IST
This decision follows the government's commitment to set up 100 new Sainik Schools in collaboration with NGOs, Private Schools, and State Governments, commencing from Class 6 onwards, read the Ministry of Defence press release.
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Govt hikes windfall tax on domestic crude, reduces levy on export of diese
Updated : 2 years, 9 months ago IST
As per the Gazette of India, the Ministry of Finance, Department of Revenue, issued two notifications, amending previous taxation rates. According to the notifications, the windfall tax on domestic crude oil production has been increased significantly, while levies on the export of aviation
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Delhi Customs Preventive Zone destroys 147 kg of narcotics worth Rs 396.5
Updated : 2 years, 9 months ago IST
"At the facility, 60.3628 kg of illicit narcotics, including 56.346 kg Heroin, 2.150 kg MDMA Hydrochloride, 0.2193 Kg Marijuana, and 1.6475 Kg Ganja along with 10,894 NDPS-TIDIGESIC capsules weighing 87 kg were destroyed by incineration," said the release.
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Pakistan fails to pay salaries to press attaches, counsellor in embassies
Updated : 2 years, 9 months ago IST
Pakistan's Ministry of Finance has failed to pay the salaries of staff employed in certain diplomatic missions for the last three months due to the dollar liquidity crunch in the country. This has led to a massive hue and cry, The News International newspaper reported.
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Pakistan’s debt servicing heads towards record PKR 8 trillion as interest
Updated : 2 years, 10 months ago IST
The fiscal year 2023–24 will mark the first time when practically every month of the current fiscal year, federal revenue receipts will be less than what is needed to pay for servicing domestic and international debt. Since the fiscal position will only become worse, there will be more serio
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