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Britain confirms it will host economic talks with China in June

Britain's finance ministry confirmed on Thursday that it will host an annual economic cooperation meeting with China in London in June.
Reuters India - Published

Composition scheme biz to now file simplified 'self-assessed' GST return quarterly

Giving relief to composition scheme taxpayers under the GST, the finance ministry has allowed such businesses to file 'self-assessed tax' return on quarterly basis in a simplified form.
DNA - Published

Videos for "Finance Ministry"

Emails Show That Japan Intervened To Defend Nissan's Independence From Ghosn [Video]Emails Show That Japan Intervened To Defend Nissan's Independence From Ghosn

According to a report by Automotive News, last year, as then-Chairman Carlos Ghosn pushed to strengthen ties between Renault and Nissan, executives at the Japanese company were working behind the..

Credit: Wochit News     Duration: 00:37Published

Ecuador Embassy: We've Been Hit With 40 Million Cyber Attacks Since Assange Arrest [Video]Ecuador Embassy: We've Been Hit With 40 Million Cyber Attacks Since Assange Arrest

Ecuador's deputy minister for information Patricio Real said Ecuador was targeted with more than 40 million cyber attacks from "groups linked to Julian Assange" in the five days since they revoked his..

Credit: Rumble     Duration: 00:38Published

UK employers defy Brexit with hiring spree, German growth subdued [Video]UK employers defy Brexit with hiring spree, German growth subdued

British employers ramped up hiring to its fastest pace since 2015 in the three months to January, defying broader weakness in the UK economy. But, as Francis Maguire reports, Germany's growth outlook..

Credit: Reuters Studio     Duration: 01:34Published

Shares in Deutsche, Commerzbank rise on merger speculation [Video]Shares in Deutsche, Commerzbank rise on merger speculation

Markets welcomed the prospect of a merger between Deutsche Bank and Commerzbank on Monday with shares in both lenders trading higher following reports that Germany's largest banks are exploring the..

Credit: Reuters Studio     Duration: 01:30Published

Govt to roll out 12-edged Rs 20 coin for the first time | Oneindia News [Video]Govt to roll out 12-edged Rs 20 coin for the first time | Oneindia News

In a first, the government has announced new Rs 20 coin which will be shaped like a 12-edged polygon (dodecagon). The outside diameter of new Rs 20 coin will be 27mm (millimeters) and it will weigh..

Credit: Oneindia     Duration: 01:13Published

Global Stocks Near 5-Month Highs [Video]Global Stocks Near 5-Month Highs

TOKYO (Reuters) - Asian shares stepped back on Tuesday, weighed by U.S. growth concerns and as China cut its economic expansion target amid growing challenges from rising debt and a dispute over trade..

Credit: Wochit Business     Duration: 00:50Published

 

Jet crisis: Govt eases rule to moderate fares

The finance ministry has decided to waive the mandatory customs requirement that Jet's grounded planes in India must first be sent to the country of registration of their lessors and then fly them back..
IndiaTimes - Published

South African government rescued Eskom from default in April

South Africa's government rescued Eskom from default early this month by giving the struggling state power firm $355.5 million to help it meet its obligations, according to a finance ministry report to..
Reuters India - Published

Pakistan PM Khan appoints new finance ministry chief in major reshuffle

Pakistani Prime Minister Imran Khan made a sweeping cabinet reshuffle on Thursday after only seven months in power and appointed Abdul Hafeez Shaikh as de facto finance minister to steer the country..
Reuters India - Published

Nirav Modi case controversy: ED Mum chief removed

The Union finance ministry issued an order on Tuesday after getting sanction from the Appointments Committee of the Cabinet and subsequently the ED headquarters in Delhi issued the orders relieving..
IndiaTimes - Published

China's faster fiscal spending supported economy in first quarter: ministry

China's fiscal spending increased 15 percent during January-March from year ago levels to support economic growth, and local governments quickened their bond issuance for key projects, the finance..
Reuters India - Published

Made clear demand to Finance Ministry that unutilised defence budget is not sent back: Nirmala Sitharaman

She was addressing a gathering after releasing reports on indigenous research and development and cyber security, prepared by think tank Vivekananda International Foundation (VIF) here.
Zee News - Published

Neutral, impartial and non-discriminatory: Finance Ministery to EC on IT raids

Amid continuing Income Tax Department raids on persons considered close to opposition parties, Union Finance Ministry has told the Election Commission that enforcement actions by its revenue department..
DNA - Published

Direct tax mop-up may fall short of Rs 50,000 cr in FY'19, says finance ministry official

The government is estimated to have witnessed a shortfall of Rs 50,000 crore in direct tax collection target of Rs 12 lakh crore for 2018-19, a senior finance ministry official said on Tuesday
Firstpost - Published

Mexico plans to tax digital platforms - deputy finance minister

Mexico's finance ministry aims to tax digital platforms such as video streaming service Netflix in its budget plan for next year, a senior government official said on Monday.
Reuters India - Published

I-T raids in Karnataka, Maharashtra, Andhra: EC tells finance ministry to ensure enforcement agencies are 'neutral' during poll season

The Election Commission has 'strongly advised' the Ministry of Finance that any action by its enforcement agencies during election time should be neutral and non-discriminatory and the poll panel..
Firstpost - Published

New tax returns: Angel investors get further relief

The moves initiated through the tax return forms come after the revenue department got down to clearing the clutter on the issue that had been bothering several investors in startups. With investors..
IndiaTimes - Published

Ask agencies to be neutral: EC to finance ministry


IndiaTimes - Published

Norway to cut 10 EM countries from wealth fund's fixed-income benchmark

Norway's sovereign wealth fund, the world's largest, will streamline its $300 billion fixed-income portfolio by cutting emerging market bonds from the benchmark index it tracks, the Finance Ministry..
Reuters India - Published

Indonesia scraps VAT tax for export of some tech services

Indonesia has removed a requirement to pay value-added tax (VAT) on exported services such as software design and information technology security consulting in a bid to spur growth and cut the..
Reuters India - Published

Government meets fiscal deficit of 3.4% in 2018-19

The Finance Ministry is believed to have met the revised fiscal deficit target of 3.4 per cent in the last fiscal 2018-19 largely by cutting expenditure, withdrawals from small savings accounts to meet..
Sify - Published

FinMin may nudge RBI to look up revised NPA mechanism

The Finance Ministry and the Reserve Bank of India (RBI) may soon start consultations with each other for working out a revised mechanism on non-performing asset (NPA) resolution on sector specific..
Sify - Published

Government may direct state banks on debt resolution - finance ministry source

India's government could issue directions to the state-run banks to resolve corporate default cases, a finance ministry source said on Wednesday, a day after the Supreme Court quashed a central bank..
Reuters India - Published

Govt confident of maintaining fiscal deficit at 3.4% of GDP

The shortfall will be met with the help of unspent amount, some spending cuts and National Small Savings Funds, says finance ministry sources
DNA - Published

Govt preparing list of profit-making arms of central public sector enterprises for listing

The Finance Ministry is in the process of shortlisting profit-making subsidiaries of CPSEs having a minimum stipulated net-worth, which can be listed on the stock exchanges, an official said
Firstpost - Published

Govt to borrow Rs 4.42 lakh cr in first half of FY2019-20: Economic affairs secretary Subhash Chandra Garg

The finance ministry on Friday said the government will borrow Rs 4.42 lakh crore in the first half of fiscal 2019-20
Firstpost - Published

Rates kept unchanged for small savings schemes

"The rates of interest on various small savings schemes for the first quarter of the financial year 2019-20 starting April 1, 2019, and ending on June 30, 2019, shall remain unchanged from those..
IndiaTimes - Published

Borrowings calender for FY20 to be out Friday later

The Finance Ministry will announce its borrowing plans for the first half of 2019-20 on Friday as it has received the Election Commission's nod to go ahead with the announcement.
Sify - Published

Direct taxes heading for at least Rs 70,000 crore shortfall

The Finance Ministry is making a last-ditch effort to get close to the direct tax target of Rs 12 lakh crore, asking field officials to step up efforts to get as much collections as they can and also..
Sify - Published

FinMin awaits EC nod to announce H1 borrowing plans

The Finance Ministry is yet to receive the Election Commission's approval for announcing the 2019-20 first half (H1) borrowing plans.
Sify - Published

Government misspend on defence will widen gap between intent and capability

The path to power runs through the finance ministry. If governments continue to misspend on defence even while signalling muscular foreign policies, the gap between intent and capability will continue..
Firstpost - Published

Erdogan says those who buy FX expecting lira to fall will pay 'heavy price'

Turkish President Tayyip Erdogan said on Sunday those in the finance sector who buy foreign currencies on the expectation that the lira will fall will pay "a very heavy price", adding the Finance..
Reuters India - Published

Fiscal deficit in revised target due to cut in non-essential expenditure

As the 2019 fiscal nears its end, the Finance Ministry's fiscal managers say the revised deficit target of 3.4 per cent is under control even as the government is braving to bear shortfalls in both..
Sify - Published

Lenders to take over Jet Airways: Ministry sources

Lenders of cash-strapped Jet Airways are in the process of securing "substantial stake" in the ailing airline to try and revive it to a manageable state before selling it to new promoters, a senior..
Sify - Published

Exclusive: Mexico rainy-day fund may reduce Pemex debt refinancing this year

Mexico's finance ministry is exploring possibilities to reduce the costly refinancing of ailing state oil company Pemex's debt this year, including dipping into a budget stabilization fund, Finance..
Reuters India - Published

Sri Lanka signs $1 billion loan with China to build highway

Sri Lanka signed a $989-million loan with China's Exim Bank on Friday to build a highway linking the centre of the Indian Ocean island to a Chinese-built seaport in the south, the Sri Lankan finance..
Reuters India - Published

BoB-Dena-Vijaya Bank to be injected with Rs 5K cr

The Bank of Baroda may get Rs 5,000 capital infusion from the Finance Ministry ahead of its united operations as a merged entity along with the Vijaya Bank and Dena Bank from April 1.
Sify - Published

Pakistan to receive loan from China by March 25

Pakistan's Finance Ministry has announced that the State Bank of Pakistan (SBP) will receive a $2.1 billion loan from China by March 25, the media reported on Friday.
Sify - Published

Russia issues new dollar Eurobond, tops up euro issue

Russia raised $3 billion in a new dollar-denominated Eurobond and 750 million euros in a top-up issue of an existing euro-denominated Eurobond, the finance ministry said on Thursday, tapping the global..
Reuters India - Published

Canada to create national drug agency to help cut cost of medicines

Canada will create a national drug agency to help cut the cost of prescription medications as part of a plan to broaden the state-funded healthcare program, the finance ministry said in its budget on..
Reuters India - Published

Exclusive: Saudi Arabia curbs family influence in Binladin group shake-up

By Stephen Kalin RIYADH (Reuters) - The influence of Saudi Arabia's Bin Laden family on its eponymous construction business has been curtailed in a restructuring that follows an anti-corruption..
Firstpost - Published

India to post customs intelligence officers in China to check financial frauds

India has decided to post Customs intelligence officers in China in its effort to check black money, trade-based money laundering and other financial frauds, officials said Sunday.​ Two posts of the..
IndiaTimes - Published

France freezes assets of Jaish-e-Mohammed founder Masood Azhar amid international pressure on Pakistan

A joint statement issued by the French interior ministry, finance ministry and foreign ministry added that France would discuss putting Masood Azhar on a European Union list of people suspected of..
Firstpost - Published

France freezes assets of Jaish-e-Mohammed chief Masood Azhar

A joint statement issued by the French interior ministry, finance ministry and foreign ministry added that France would discuss putting Masood Azhar on a European Union list of people suspected of..
IndiaTimes - Published

DeMo won’t curb black money, RBI told govt

Despite some reservations the board approved demonetisation, which was proposed by an RBI deputy governor and supported by a note from the finance ministry, which provided a draft scheme for withdrawal..
IndiaTimes - Published

FinMin may borrow 60% from market for H1, switch bonds up to Rs 70k cr

The Finance Ministry may borrow around 60 per cent of the Rs 7.1 lakh crore budgeted gross borrowings for fiscal 2019-20 in its first half (H1) from the market to meet part-redemption, expenditures for..
Sify - Published

Pakistan asks FATF to remove India from group reviewing efforts against terror financing, seeks 'fair, unbiased' report

Pakistan has asked the Financial Action Task Force (FATF), an international terror financing watchdog, to remove India as co-chair of its Asia-Pacific Joint Group, the Finance Ministry said on..
Firstpost - Published

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