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Here’s why S&P may be on to something with its cut of China’s sovereign credit rating

China has hit back strongly at S&P Global’s “perplexing” decision to downgrade the country’s sovereign credit rating... S&P was “neglecting China’s sound economic fundamentals and..
S.China Morning Post

Rs 996-cr package for SMEs in bulk drugs

With the pharmaceutical sector struggling to keep pace with international standards, the central government is readying a Rs 996-crore plan to boost small and medium-sized enterprises (SME) units..
Deccan Herald

Videos for "Finance Ministry"

News video: Catalan police will not accept state rule

Catalan police will not accept state rule 01:28

The mounting political crisis in Spain over Catalonia’s campaign for independence intensified on Saturday with a new row over the control of the local police force as the regional government pressed..
Source: Euronews English -

News video: Spanish government and Catalonia clash over control of regional police

Spanish government and Catalonia clash over control of regional police 01:39

Spain’s central government and Catalan authorities clashed on Saturday over who controls the regional police force seen as key to the success of a planned Oct. 1 independence vote. The State..
Source: euronews (in English) -

News video: Japanese Official Apologizes Nazi Comments

Japanese Official Apologizes Nazi Comments 00:40

One of Japan's top leaders has apologized for making controversial remarks about Adolph Hitler and Nazi Germany. According to CNN, Taro Aso, the country's finance minister and deputy prime minister,..
Source: Wochit Headline News -

News video: PSU Banks Mergers To Get A Go Ahead From Fin Ministry

PSU Banks Mergers To Get A Go Ahead From Fin Ministry 01:48

The New Delhi government decided to take the consolidation in the banking sector to the next level by setting up a panel to oversee the mergers. 21 state runs banks are looking to merge. Finance..
Source: nnis News English -


Centre looks at steps to push economy

Putting more money into the hands of consumers this festive season, easier loans to SMEs and expediting disinvestment are among the steps being considered as part of a stimulus package to dig the..
Deccan Herald

Finance Ministry decides to organise Mudra promotion camps from next week

The Finance Ministry has decided to organise Mudra Promotion camps across the country beginning from Prime Minister's constituency Varanasi next week to accelerate self employment opportunities...
All India Radio

Scope for rate cut by RBI remains: Government

The government indicated on Saturday that the recent rise in inflation did not dampen the case for a rate cut as the finance ministry had factored in the possibility of 4% inflation in the medium term.

Scope for further rate cut by RBI: Finance Ministry

Asserting that the slowdown in the manufacturing sector is due to various reasons, the official said the response has to be from across the board, including interest rate, exchange rate for boosting..
Zee News

India extends chief economic adviser Subramanian's term by a year - government

MUMBAI (Reuters) - Indian's chief economic adviser Arvind Subramanian will continue for one more year after his current term ends on Oct. 16, the finance ministry said in a Twitter post on Saturday.
Reuters India Also reported by •Sify

Exporters to get timely tax refund

The newly set up committee on exports, under the GST Council, is working on ways to hand out timely refund to exporters, the government said on Friday. "We are trying to find a way of giving refund..
Deccan Herald

Finance Ministry dispels concerns over high GST transition credit

Also, some of the credits, which are claimed in TRAN-1 form may be under litigation and?therefore, it may not be available to the assessee to carry forward or for utilisation.
Zee News Also reported by •IndiaTimes

Looking at ways to ensure timely refund of taxes: Finance Ministry

For July, where GSTR 1 form has been already filed by businesses, it said the authorities would be in a position to process the refund applications.
Zee News

S&amp;P says downgraded China as credit growth still too fast

China`s finance ministry said the downgrade was "a wrong decision" that ignored the economic fundamentals and development potential of the world`s second-largest economy.
Zee News

Ministerial group discusses Air India disinvestment

A group of ministers, headed by Finance Minister Arun Jaitley, discussed in details the modalities for the strategic disinvestment of Air India, according to sources. Second in less than a month,..
Deccan Herald

Govt denies reports of CEA's quitting

Finance ministry officials on Thursday dismissed TV reports that Chief Economic Adviser (CEA) Arvind Subramanian has resigned. The officials described the reports as "incorrect." The reports in some..
Deccan Herald

Jaitley promises timely action to revive economy

Finance Minister Arun Jaitley on Thursday promised 'appropriate actions' at the 'right time' to revive the slowdown-hit economy and said the government is seized of the problem of private investment..
Deccan Herald

Government plans norms for e-wallet firms to prevent online frauds

Mindful of the heightened risk of cyber fraud on account of growth in digital transactions post-demonetisation, the Centre is contemplating a standard protocol for e-wallet companies on how to prevent..

Loan sought for Mum-Nagpur E-way

The Department of Economic Affairs (DEA) under the Union Finance Ministry has written to the South Korean government asking for a loan of Rs 35,000 crore for construction of the 701-km Mumbai-Nagpur..

DNA Investigation: Air India JV tagged as 'shell' company by CBI

The war against black money has touched the ailing national carrier Air India. The Central Bureau of Investigation, while scrutinising a ground-handling joint venture of Air India named SATS Airport..

No plans to bring petrol and diesel under GST

Even as Petroleum Minister Dharmendra Pradhan is pushing hard to bring petrol and diesel under the GST ambit, the Centre has no plans to do so in the near future. Highly placed sources in the..
Deccan Herald

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