Search For "the ministry of finance"
UAE: General Budget Committee discusses draft general budget for fiscal ye
Updated : 1 year, 9 months ago IST
The meeting, held at Qasr Al Watan in Abu Dhabi, was also attended by Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs; Mohamed Hadi Al Hussaini, Minister of State for Financial Affairs; and Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), in addition to r
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FDI inflow to increase in domestic manufacturing sector: Ministry of Finan
Updated : 1 year, 10 months ago IST
According to the monthly economic review by the Ministry of Finance, recent reports indicate that a growing number of organizations in the US and Europe are focusing on reindustrialization. These organizations are primarily aiming to enhance supply chain resilience, a strategy that could sig
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Despite external headwinds, India closed 2023-24 fiscal strongly: Ministry
Updated : 1 year, 10 months ago IST
The Indian economy closed the just-concluded financial year 2023-24 strongly with its growth surpassing market expectations, despite strong external headwinds, the monthly economic review of the Department of Economic Affairs under the Ministry of Finance said.
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Centre holds workshop to bridge gap between fintechs and law enforcement a
Updated : 1 year, 10 months ago IST
According to a press release by the Ministry of Finance, the workshop, held in New Delhi, brought together heads of approximately 60 Fintech companies, four Fintech Associations, 23 State Police Departments, and various central government ministries and agencies concerned with financial tech
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Indian economy remains in bright spot: Ministry of Finance
Updated : 1 year, 11 months ago IST
In contrast to a cautious assessment of the global scenario, the Indian economy continues to exhibit strong economic performance with broad-based growth across sectors, the Ministry of Finance asserted.
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Indian Rupee exhibited lowest volatility in three years during 2023-24
Updated : 1 year, 11 months ago IST
The Indian currency Rupee was the least volatile major currencies among its emerging market peers and a few advanced economies in the just-concluded financial year 2023-24, according to the Monthly Economic Review report of the Department of Economic Affairs under the Ministry of Finance.
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India's forex reserves sufficient to cover 11 months of projected imports
Updated : 1 year, 11 months ago IST
India's foreign exchange reserves which have reached an all-time high are sufficient to cover 11 months of projected imports, according to the Monthly Economic Review report of the Department of Economic Affairs under the Ministry of Finance.
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UAE to participate in 2024 Spring Meetings of IMF and World Bank Group
Updated : 1 year, 11 months ago IST
The United Arab Emirates, represented by the Ministry of Finance, announced its participation in the 2024 Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) taking place in Washington DC, from 15th to 20th April 2024
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Centre's tax devolution to states up by Rs 2.25 lakh crore in FY24
Updated : 1 year, 12 months ago IST
A total amounting to Rs 10.3 lakh crore has been transferred to state governments as devolution of share of taxes by central government, which is Rs 2.25 lakh crore higher than it had done the previous year, the Ministry of Finance said in a release on Thursday.
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Gross Direct Tax collections for financial year 2023-24 register growth of
Updated : 2 years ago IST
The provisional figures of Direct Tax collections for the financial year 2023-24 (as on March 17, 2024) show that net collections are at Rs. 18,90,259 crore, compared to Rs. 15,76,776 crore in the corresponding period of the preceding financial year 2022-23, representing an increase of 19.88
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Government of India, ADB join forces to enhance livability and mobility in
Updated : 2 years ago IST
According to a press release by the Ministry of Finance, the agreement for the Ahmedabad Peri-urban Livability Improvement Project was formalized by Juhi Mukherjee, Joint Secretary, Department of Economic Affairs, Ministry of Finance for the Government of India, and Rajesh Vasudevan, Officer
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Public sector banks asked to reassess gold loan process amid debt risk con
Updated : 2 years ago IST
The Ministry of Finance has written to public sector banks to reassess their gold loan procedures amid concerns over risky debt as gold prices surge, informed a senior official.
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