Tag: finance ministry

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Posted in Economy

Finance ministry calls for faster policy action to sustain growth amid global uncertainty

The finance ministry on Wednesday stressed the need for faster policy responses and stronger implementation to attract both domestic and foreign investment, Times of India…

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Posted in Economy

Govt approves RBI’s trials of ₹10, ₹20 polymer notes; no plan to replace paper currency

The Centre has approved the Reserve Bank of India’s proposal to introduce polymer banknotes in ₹10 and ₹20 denominations for field trials, but said there…

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Posted in Economy

Govt extends additional investment choices under NPS to autonomous bodies

New Delhi, The government on Tuesday said it has extended two additional investment choices under the National Pension System (NPS) to employees of central autonomous…

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FILE PHOTO: A man walks past an installation of the Rupee logo and Indian currency coins outside the Reserve Bank of India (RBI) headquarters in Mumbai, India, April 9, 2025. (REUTERS)
Posted in Business

4,11,000 credit guarantees issued under ECLGS 5.0 to biz hit by West Asia crisis

The new emergency credit guarantee programme, launched by the Centre in May to support small ​businesses facing short-term liquidity stress linked to the West Asian…

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Posted in Economy

ECLGS 5.0 crosses 4.11 lakh guarantees, extends Rs 1.55 lakh crore support to firms hit by West Asia crisis

The government’s Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 has issued more than 4.11 lakh guarantees worth over Rs 1.55 lakh crore to businesses impacted…

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Posted in Economy

Finance ministry, NFRA officials brief Par panel on corporate laws amendment bill

Finance ministry officials and the National Financial Reporting Authority (NFRA) on Wednesday briefed a joint committee of Parliament on a bill to amend corporate laws….

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Carbon Capture Set to Get ₹19.7k cr Scheme
Posted in Economy

Rs 19,700-crore carbon capture scheme gets nod

New Delhi: The expenditure finance committee, under the finance ministry, has cleared a ₹19,700-crore scheme to help develop technologies and reservoirs to capture and store…

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India willing to let fiscal deficit widen to 4.8% of GDP: Report
Posted in Economy

India willing to let fiscal deficit widen to 4.8% of GDP: Report

India is preparing for a wider-than-expected budget deficit this year, Bloomberg News reported on Friday, ‌citing an ⁠official ⁠familiar with the matter, as the war…

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India grants retrospective custom duty relief on imports of select nuclear power generation equipment
Posted in Economy

India grants retrospective custom duty relief on imports of select nuclear power generation equipment

India has granted retrospective customs duty relief on specified nuclear power generation equipment imported between April 1, 2019 and January 31, 2026, shielding importers from…

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Credit guarantee scheme for MFI 2.0 gets extension
Posted in Economy

Credit guarantee scheme for MFI 2.0 gets extension

New Delhi: The Centre has extended the Credit Guarantee Scheme for Microfinance Institutions-2.0 (CGSMFI-2.0) up to August or until guarantees for an amount of ₹20,000…

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