Finance news

Every number in Budget is authentic, says Finance Minister Sitharaman  Business StandardFinance Minister Nirmala Sitharaman on Wednesday said the government was committed to the path of fiscal consolidation without compromising on public ...

As on 3 July 2019, 53% of Jan Dhan account holders were women, while 59% accounts were in rural and semi-urban areas.

There are concerns over the loan growth being pulled down by a slowdown in retail lending

No question of rolling back surcharge on FPI trusts, says Finance Ministry  Business StandardThe government has ruled out a rollback of the 'super-rich' tax on foreign portfolio investors (FPIs) organised as trusts or association of persons. The tax on such ...

Gag on media freedom: Journalists condemn finance ministry restricting entry of journalists into North Block  India TodayFinance Minister Nirmala Sitharaman took to Twitter to state that she was trying to streamline the system and clarified that there wasn't any blanket ban on ...

Data presented in Budget is 100% above board: Finance Minister  MoneycontrolShe said the growth rate of nominal GDP for 2019-20 in the Budget documents, has been projected at 12 per cent over the advance nominal GDP estimates of ...

‘Gag on media freedom’: Editor’s guild asks Finance Ministry to withdraw restrictions on journalists  The Financial ExpressSitharaman says she is trying to streamline the system and has denied there is any blanket ban. Prime Minister Narendra Modi's government has previously ...

Data Presented in Budget 100% Above Board, Says Finance Minister  News18New Delhi: Amid a debate over variance in numbers in the Economic Survey and the Budget, Finance Minister Nirmala Sitharaman on Wednesday said both the ...

'Gag', Says Editors' Guild After Finance Ministry Restricts Entry of Media Persons to North Block  News18New Delhi: The Editors Guild Wednesday termed the Finance Ministry restrictions on the entry of media persons into North Block as a "gag" on media freedom ...

Editors Guild condemns finance ministry restricting entry of journalists into North Block, calls it 'gag...  FirstpostThe Editors Guild of India on Wednesday issued a statement condemning the finance ministry's move to restrict entry of journalists into the North Block.

Editors Guild calls Finance Ministry’s order restraining journalists ‘gag on media freedoms’  Scroll.inThe Editors Guild of India on Wednesday condemned the finance ministry's arbitrary decision to restrict even government accredited journalists access to the ...

‘Chandrababu Naidu left Andhra bankrupt’, says white paper on finance  Hindustan TimesThe YSR Congress party government on Wednesday accused the previous Telugu Desam Party regime headed by N Chandrababu Naidu of pushing the state ...

Budget: Hope, trust and aspiration for finance sector  Deccan HeraldSunil Badala National Leader of Financial Services Tax in KPMG in India All in all, this Budget has packed in positive measures on diverse areas.

Finance Ministry restricts access to journalists: Here is all you need to know  Moneycontrol.comThe Ministry of Finance has decided not to let journalists, even those with Press Information Bureau (PIB) accredited cards, enter its premises in North Block ...

Spent Lavishly, But Left State in 'BIMARU' Condition: MP Finance Minister Hits Out at Shivraj Govt  News18Finance Minister Tarun Bhanot was referring to the Economic Survey that has put the state in 27th spot among 29 states in terms of poverty.

The minister said 313.05 crore digital transactions were registered till April 30, 2019, and the government has set a target of over 4,000 crore digital transactions in the ongoing financial year.

Editors Guild Statement On Finance Ministry Blocking Access for Reporters  NDTV NewsThe Editors Guild Of India today issued a statement on restriction of access to the journalists by the finance ministry in North Block of the Central Secretariat in ...

In a 2019 study, it said even when a state-run lender is indeed the lead bank from a credit perspective, fee earning opportunities like foreign exchange and cash management are being given to private sector banks.

Motilal Oswal Home Finance's top exec set to quit firm  VCCircleA top executive of a housing finance company owned by Motilal Oswal Financial Services Ltd is set to quit the firm to explore.

MP Finance Minister Tarun Bhanot presents maiden budget: HIGHLIGHTS  India TodayMadhya Pradesh Finance Minister Tarun Bhanot on Wednesday, while presenting his maiden budget in the assembly, pegged the appropriation amount in the ...

ICICI Bank has topped the list of banks with the highest number of fraud cases over the last three years, topping bigger rivals state-run State Bank of India and private HDFC Bank.

Finance Minister responds to debate on Union Budget  All India RadioFinance Minister Nirmala Sitharaman today said the government is committed to the path of fiscal consolidation.

SMF agrees to finance homestays in 10 new Balis - The Jakarta Post  Jakarta PostSMF risk management and operational director Trisnadi Yulrisman said the homestay-financing program would help local people who wanted to develop new ...

Govt Committed to Fiscal Consolidation Without Compromising on Expenditure, Finance Minister Tells Lok Sa...  News18Replying to the general discussion on Budget 2019-20 in the Lok Sabha, Nirmala Sitharaman also said the government has set the fiscal deficit target at 3.3% of ...

"A Lot To Hide": CPI-M Criticises Finance Ministry On Media Restrictions  NDTV NewsThe CPI(M) has criticised the Finance Ministry's alleged restriction on the entry of journalists into its premises, saying the government has a "lot to hide".

Volumes soar at Sundaram Finance Ltd counter  Business StandardRead more about Volumes soar at Sundaram Finance Ltd counter on Business Standard. Sundaram Finance Ltd recorded volume of 4.51 lakh shares by 14:19 ...

Deposits In Jan Dhan Accounts Crosses Rs 1 Lakh Crore: Finance Ministry  NDTV NewsDeposits in bank accounts opened under Jan Dhan scheme, launched about five years ago by the Modi-government, have crossed the Rs 1 lakh crore mark.

Ministry of Finance Highlights Increase In Infrastructure Spending  Business StandardAccording to a latest update from the Ministry of Finance, India has been spending much more than Rs 1 trillion per annum on infrastructure. For example, the ...

Opera founded startup OPay raises $50M for mobile finance in Nigeria  TechCrunchOPay, an Africa-focused mobile payments startup founded by Norwegian browser company Opera, has raised $50 million in funding. Lead investors include ...

Easy Access to Finance in India's Solar Off-Grid Market: PAYGo Report  Mercom IndiaOff-grid solar markets are instrumental in creating energy access to more than half a billion people around the world. According to the latest Pay-As-You-Go ...

How structured trade finance solutions help MSME exporters & importers  Economic TimesIndia's MSMEs and their business owners are finding new-age digital start-ups and alternate lending platforms to be the most effective institution to disperse ...

Budget curbs stay, Finance Ministry restricts access to the press  The Indian ExpressThis restriction had so far been placed only ahead of the Budget when the entire Ministry is quarantined to maintain secrecy. In the past, the restrictions were ...

Journalists Can Enter Finance Ministry Only After Securing Appointment with Officials, Says Govt  The WireEarlier this week, journalists had protested the ministry's decision to not allow reporters inside without securing a prior appointment.

Mexico finance minister quits over 'disagreements' with president  Al Jazeera EnglishCarlos Urzua resigns following differences with leftist President Andres Manuel Lopez Obrador on economic policies.