finance ministry
TMT
Finance Ministry to meet fintech CXOs next week to alleviate concerns
India's finance ministry will hold meetings with the country's fintech startups next week to urge them to comply with regulations ......
General
Centre notifies final rules on angel tax for foreign investments in private companies
The finance ministry has brought out final valuation rules applicable to foreign investments into unlisted shares in India to determine ......
Economy
India to use revenue surge to fund welfare drives, not beat fiscal deficit target - sources
India will utilise a big bump in revenue collection to fund welfare programmes instead of trying to beat its fiscal ......
Infrastructure
Govt allows private provident funds to invest in domestic VCs, infrastructure funds
The government of India has opened the door for “recognised provident funds” to invest in domestic venture capital and infrastructure-focused ......
Finance
Govt wants RBI to buy out stressed assets of shadow banks
India’s finance ministry wants the Reserve Bank of India to set up a fund to buy out stressed assets of ......
Markets
Sensex records worst weekly fall in three weeks on poor earnings, hawkish Fed
Indian shares reversed course and ended higher on Friday, led by gains in information technology (IT) and automobile stocks, after ......
Finance
Fiscal deficit crosses 61% of budgeted target in first three months of 2019-20
India’s fiscal deficit in the three months ending in June stood at 4.32 trillion rupees ($62.80 billion), or 61.4% of ......
Economy
RBI to transfer interim surplus of nearly $4 bn to govt
The Reserve Bank of India (RBI) on Monday decided to transfer an interim surplus of 280 billion rupees ($3.92 billion) ......
Economy
RBI accountable to govt, says chairman of central bank panel
The Reserve Bank of India is accountable to the government and should make policies within the framework set by the ......
Finance
RBI governor Urjit Patel quits amid friction with govt over autonomy
Reserve Bank of India (RBI) governor Urjit Patel on Monday announced that he was leaving the post with immediate effect ......
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