FM Nirmala Sitharaman Urged Ministries to Accelerate Capex Plans
Finance Minister Nirmala Sitharaman considered the Capital Expenditure (Cap-ex) plans for the Ministry of Road, Transport and Highways and the Ministry of Communication, urging the...
Tag : Ministry of Finance
Finance Ministry to Borrow Rs 7.5 lakh Crore in H1FY25, Plans to Raise Sovereign Green Bonds
The Finance Ministry recently revealed that the centre plans to borrow Rs 7.5 lakh crore from the market through dated securities in the first half...
PAN-Aadhaar Linking Deadline Extended to June 30
In a press release dated March 28, the Ministry of Finance said the deadline for linking Permanent Account Numbers (PAN) with Aadhaar card had been...
IRFC, IIFCL Signs MoU for Financing Railways Infra
Indian Railway Finance Corporation (IRFC) and Indian Infrastructure Finance Corporation (IIFCL), both under the Ministry of Finance, signed a railway infrastructure financing agreement on Tuesday....
SC Rejects FinMin’s Plea Against Citi, Standard Chartered Bank
On Wednesday, the Supreme Court rejected the Ministry of Finance‘s appeal alleging that Citibank and Standard Chartered Bank violated foreign exchange regulations and RBI guidelines...
Govt Issues Consolidated Overseas Investment Rules to Promote Ease of Doing Business
On Monday, the Ministry of Finance notified the consolidated rules for overseas investments by Indian entities to facilitate ease of doing business. The Foreign Exchange...
ICICI Securities, Axis Capital Among 5 Bankers to Manage Govt’s HZL Stake Sale
ICICI Securities, Axis Capital and Citigroup Global Markets are the five investment bankers selected to manage the sale of the government’s remaining 29.53% stake in...
DRI Detects Rs 2,217 Crore Tax Evasion by Vivo India
On Wednesday, the Ministry of Finance stated the Directorate of Revenue Intelligence (DRI) found around Rs 2,217 crore in tax evasion by smartphone maker Vivo...
Govt Cuts Base Import Prices of Gold, Silver, Edible Oil Amid Easing Commodity Prices
On July 15, the central government announced a cut in import benchmark prices amid signs of cooling in gold, silver and edible crude oil prices....
DoT to Clear Vodafone Idea Equity Conversion Soon
The government is closer to converting the interest in Vodafone Idea Ltd into equity, with the Ministry of Finance notifying the telecommunications sector that it...