Tag: finance ministry
State Banks & insurers told to cut global travel, switch to EVs in austerity push
New Delhi: The finance ministry has asked state-run banks and insurance companies to follow austerity measures, including reducing foreign travel for key executives, holding meetings…
Containing war impact on growth, current account: PMO stitching up plan to boost foreign fund flow
NEW DELHI: The Prime Minister’s Office (PMO) is coordinating with various ministries and anchoring efforts to identify fresh opportunities to bolster foreign investments and exports…
Resilient, not shock-free: India charts path through war jitters
India’s economy is beginning to feel the tremors of the West Asia conflict, as rising oil prices, disrupted trade routes and volatile capital flows ripple…
Credit growth signals economic strength: Finance Ministry
New Delhi: The finance ministry in a statement on Tuesday said robust credit growth demonstrates the resilient domestic economic environment and envisages enhanced appetite for…
Finance Ministry seeks faster disposal by DRTs, holds talks
NEW DELHI: The finance ministry on Saturday held deliberations on reducing pendency and accelerating disposal of cases in debt recovery tribunals. It said in a…
Finance Ministry caps outlay for schemes pending 16th Finance Commission approval
New Delhi: The finance ministry has capped front-loading of expenditure under central sector schemes and sponsored schemes (CSS) that have the appraisal and approval pending…
Finance Ministry plans to broaden Actuaries Act scope beyond insurance, pensions
New Delhi: The finance ministry plans to amend the Actuaries Act, 2006 to broaden the definition of actuarial science beyond insurance and pensions to include…
Finance Ministry flags rising external risks as trade deficit and CAD expand
New Delhi: External sector pressures are building up for the Indian economy amid a volatile global backdrop, with recent data from the Finance Ministry‘s Monthly…
Govt modifies Mutual Credit Guarantee Scheme to support MSME manufacturers, exporters
The Finance Ministry on Saturday said the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME) has been modified to support manufacturers and exporters, allowing a 5…
Govt gets Parliament nod for Rs 2.01 lakh crore additional spending in FY26
Parliament on Tuesday approved the second batch of supplementary demands for grants, allowing the government to spend an additional Rs 2.01 lakh crore in the…