Finance ministry seeks expenditure proposals for final supplementary demands for grants

[ad_1] The finance ministry has sought expenditure proposals for the second and final batch of Supplementary Demands for Grants from various ministries and departments ahead of the Budget session likely…

‘Operating illegally’: India’s Financial Intelligence Unit asks IT Ministry to block URLs of Binance, 8 other offshore crypto platforms

[ad_1] India’s Financial Intelligence Unit (FIU-India) has issued show-cause notices to nine offshore cryptocurrency platforms, including Binance, the Finance Ministry said on Thursday. Besides Binance, notice has been issued to…

Finance ministry refutes IMF report on India’s debt situation

[ad_1] NEW DELHI: The government on Friday refuted the International Monetary Fund’s (IMF) latest report that India’s government debt would exceed 100% of gross domestic product (GDP) in the medium…

Centre releases additional Rs 73k crore tax devolution to states

[ad_1] Money released for financing social welfare measures and infrastructure development: Finance Ministry The ministry said the latest installment is in addition to the tax devolution due to states on…

What will deliver ‘strong’ growth in FY24?

[ad_1] Flight of capital, capitalists and labour/citizens Investment is critical to growth. What does the latest FDI inflows data show? It shows a sharp fall in both total FDI (-16%) and equity FDI (-20%) inflows…

SIFC making waves?

[ad_1] Special Facilitation Investment Committee (SIFC) was established by the Shehbaz Sharif-led government on 17 June 2023, and has since come under considerable criticism – by Shahbaz Sharif haters who…

Finance ministry asks PSU banks to take measures to strengthen cybersecurity – Times of India

[ad_1] NEW DELHI: The Finance Ministry has asked state-owned banks to review systems and processes related to their digital operation in view of the recent UCO Bank incident.According to sources,…

Strong fundamentals to help India’s growth momentum: Finance Ministry report

[ad_1] The outlook for the Indian economy for the current financial year 2023-24 remains “bright and is solidly underpinned by strong domestic fundamentals” even as there are significant headwinds and…

Yen rebounds from 150 to dollar amid talk of Japan intervention

[ad_1] After the yen sank to ¥150 against the dollar late Tuesday night, it quickly strengthened to ¥147.30 against the dollar, with its swift recovery sparking chatter that a quiet…

Malaysia proposes AIIB implement inclusive financing mechanism

[ad_1] KUALA LUMPUR: Malaysia has proposed for the Asian Infrastructure Investment Bank (AIIB) to implement an inclusive financing mechanism to meet the specific needs of developing countries. In delivering Malaysia’s…