Finance - general

Govt mulls Rs4,00,000-cr loan waivers to win back rural votes

12 Dec 2018

With elections round the corner, the Narendra Modi-led NDA government has no other option than fall back on the easy option of writing off farmers’ loans

Former bureaucrat Shaktikanta Das appointed RBI governor

11 Dec 2018

Das, an experienced bureaucrat who has held key positions both under the ruling BJP as well the previous UPA government, had also worked closely with the central bank and is currently a member of the Finance Commission of India and government’s representative at the G 20 summits

Direct tax collections up 15.7% at Rs6,75,000 cr in April-November

11 Dec 2018

NPS withdrawal made tax-free on par with PPF, EPF

11 Dec 2018

Reserve Bank governor Urjit Patel resigns

10 Dec 2018

While a brief statement from the governor carried on the RBI website said he was stepping down for "personal reasons," the fact that the resignation is the result of developments that indicated the government wanted RBI as its extension is clear to all

GST not applicable to house property with completion certification, says Finmin

10 Dec 2018

India top recipient of remittances with an estimated $80 bn in 2018

10 Dec 2018

The average cost of remitting in South Asia also remained the lowest at 5.4 per cent, while Sub-Saharan Africa continued to have the highest at 9 per cent

Govt contribution in National Pension Scheme raised to14% of employee’s basic pay

07 Dec 2018

World Customs Organisation (WCO) meeting in Mumbai concludes

06 Dec 2018

SC allows I-T reassessment of Sonia Gandhi and Rahul Gandhi in Herald case

05 Dec 2018

EPFO subscribers can withdraw all funds within 2 months of quitting job

03 Dec 2018

SBI hikes fixed deposit rates for select maturities

28 Nov 2018

Govt launches `Paisa’ portal for affordable credit and interest subvenion access

27 Nov 2018

RBI eases hedging norms for external commercial borrowings

27 Nov 2018

Govt revives task force to redraft direct tax laws

27 Nov 2018

PAN card mandatory for financial transactions over Rs2.5 lakh a year from 5 Dec

26 Nov 2018

Bharti Airtel to borrow over $2 billion amidst financial woes

21 Nov 2018

Saudi Arabia, UAE announce $500 million food aid for war-torn Yemen

20 Nov 2018

Govt pins hopes on its nominees as RBI board meeting continues

19 Nov 2018

The ongoing meeting of the Reserve Bank of India board is likely to find new ways to ease tension between the government and the central bank and ease credit flow

ADB extends $574 million in loans to India

16 Nov 2018

Sebi tightens disclosure, review norms for rating agencies

13 Nov 2018

RBI revises maturity and hedging norms for external commercial borrowings

12 Nov 2018

Revenue targets look elusive as 13 of 18 income tax regions fail to achieve targets

12 Nov 2018

Former RBI chief Raghuram Rajan backs RBI’s autonomy call

06 Nov 2018

While Rajan commended RBI’s warning of risks stemming from government meddling of central bank affairs, he also said the RBI could inject liquidity to ease any cash crunch at financial institutions

Govt wants more than a third of RBI’s Rs9,59,000-cr reserves

06 Nov 2018

RBI views the government’s attempt to make the central bank a cash cow like state-run enterprises and dip into its reserves can adversely impact macro-economic stability, and has not accepted the proposed changes