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FinMin initiates process for finding new SBI chief

The finance ministry has initiated the process for finding new chief of the country's largest lender State Bank of India (SBI) as Arundhati Bhattacharya's extended term comes to an end on October 6.
DNA Also reported by •Deccan Herald

Every department should disclose demonetisation details: CIC

It was the duty of every government department concerned with demonetisation to spell out all relevant facts and reasons behind the radical move, the Central Information Commission has observed. In..
Deccan Herald

Videos for "Finance Ministry"

News video: Letter bomb injures IMF employee after Greek militants announce campaign

Letter bomb injures IMF employee after Greek militants announce campaign 01:00

Paris is on high alert after a letter bomb sent to the IMF’s office there exploded on Thursday, as it was opened by a secretary, injuring her in the face and hands. An anti-terrorist investigation is..
Source: Euronews English -

News video: Brazilians rally against austerity in main cities

Brazilians rally against austerity in main cities 00:50

Protesters against plans to end Brazil's pension system occupy the finance ministry in the capital and paralyze commuter traffic in the financial centre of Sao Paulo.
Source: news across the world -

News video: Explosive package found at Berlin ministry

Explosive package found at Berlin ministry 00:38

An explosive package was found at Germany's finance ministry, police said on Wednesday, with national media reporting that the addressee was German Finance Minister Wolfgang Schaeuble. An investigation..
Source: Rumble -

News video: Iceland to end capital controls after 8 years

Iceland to end capital controls after 8 years 01:26

Iceland's finance ministry says it is about to lift the capital controls that have been in place since the financial crisis in 2008, easing restrictions on households and businesses. Sonia Legg..
Source: Rumble -

News video: German economy and budget surplus soar, but Merkel shuns new debt

German economy and budget surplus soar, but Merkel shuns new debt 02:10

Manufacturing powered ahead last year in Germany to give the economy strong growth and the government a record budget surplus of 23.7 billion euros. The country’s treasury benefited from soaring tax..
Source: Euronews English -


Cut prices, pass GST benefits to customers: Govt tells telcos

The finance ministry on Friday asked telecom companies to rejig costs and lower prices to pass on the benefits of tax rate reduction under GST to customers from July.
Zee News Also reported by •DNADeccan Herald

FinMin relaxes norms for bankers for RVNL stake sale

Tepid response from merchant bankers for RVNL stake sale has prompted the finance ministry to relax the eligibility criteria to encourage more entities participate in the tender process.

Addicted to tea, coffee? Here’s some good news

The GST rates on tea, coffee (other than instant coffee), milk powder and sugar will be much lesser than the prevailing taxes, the Finance Ministry said in a statement on Thursday. So go ahead and have..

Financial overhaul that shook the nation

From the fight against black money to demonetization, from a strategy for bad loans to reforms like GST, the Finance Ministry has become the hub for carrying out many of PM Modi's promises.

Car blast injures former Greek PM Lucas Papademos

Greece's former prime minister Lucas Papademos was injured when an explosive device hidden in an envelope detonated inside his car in central Athens on Thursday, police said. He was taken to..

Govt invites application for post of deputy governor

The finance ministry has initiated the process to appoint a new Reserve Bank deputy governor replacing S S Mundra whose term is coming to an end in July.

Defence minister to unveil aeronautical test range at Challakere on Sunday

Defence Minister Arun Jaitley will unveil a Aeronautical Test Range (ATR) with a multi-agency complex for integrating and testing various Unmanned Air Vehicles (UAV) at Challakere in Chitradurga..
Deccan Herald

Tax refunds under GST may hurt exports: FIEO

The tax refund mechanism after GST rollout may reduce India's export competitiveness to the tune of 2% per year if government does not bear the cost, premier exporters body Federation of Indian Export..
Deccan Herald

After India, China now slams credit rating agency Moody's after downgrade

The Chinese Finance Ministry said Moody's credit rating downgrade was "based on inappropriate methodology," according to a Global Times report. India, too, has highlighted a similar concern.
India Today

DeMo effect: 12.54 lakh PoS terminals added in Jan-March quarter

The Finance Ministry on Wednesday said as many as 12.54 lakh Point of Sale (PoS) terminals were added in January-March this year, giving a boost to government's efforts to promote digital transactions..
Zee News Also reported by •DNA

Moody&#039;s downgrading based on inappropriate methodology: China

China's Finance Ministry today dismissed a credit downgrade by Moody's, saying it is based on "inappropriate methodology" and argued that the rating firm has overestimated the difficulties faced by the..
Zee News Also reported by •DNA

Cabinet approves scrapping of FIPB

The Union Cabinet on Wednesday approved scrapping of the 25-year-old Foreign Investment Promotion Board (FIPB) tasked with approving foreign direct investment (FDI) proposals requiring government..
Deccan Herald

China says Moody's downgrade overestimates difficulties facing its economy

BEIJING (Reuters) - China's finance ministry said on Wednesday that a credit downgrade by Moody's was based on inappropriate methodology, saying it was exaggerating difficulties facing the economy

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