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FINANCE MINISTRY INDIA
Parliament Watch: ESIC disburses Rs 5.26 crore under ABVK, 79 FEMA applications disposed of since FY22Parliament updates: Govt launched a 3-month drive to clear 16,033 labour disputes, ESIC disbursed ₹5.26 crore under ABVKY, approved polymer...
Finance Ministry imposes anti-dumping duty on low ash met cokeDirectorate General of Trade Remedies had concluded in April 2026 the product under consideration has been exported to India from the subje...
Govt approves RBI's trials of ₹10, ₹20 polymer notes; no plan to replace paper currencyThe government has approved the Reserve Bank of India's proposal for polymer banknotes. One billion pieces each of ten and twenty rupee pol...
Cabinet to take up scheme for manufacturing of construction gearThe Union Cabinet is poised to evaluate a new incentive scheme aimed at enhancing the production of advanced construction machinery domesti...
Renewable energy expansion, battery storage push key to green transition: Pralhad JoshiIndia is accelerating its clean energy transition with a strong push in battery storage, wind and solar power, Union minister Pralhad Joshi...
Parliamentary panel backs Sebi board expansion, longer cooling-off period for top brassStanding Committee on Finance, headed by Bhartruhari Mahtab, backs key provisions of the Securities Markets Code Bill, including raising Se...
Top OMCs post losses with government weighing relief measuresState-run oil companies HPCL and BPCL reported significant losses for the April-June quarter. This occurred as they sold petrol, diesel, an...
GPF interest rate for government employees: Has Finance Ministry changed GPF rate from 7.1% for July-September 2026 quarter?The Ministry of Finance has announced the GPF interest rate for the upcoming quarter. General Provident Fund and similar government funds w...
Parliament Watch: FM on rupee, Rs 16.1 lakh cr fuel taxes, India-US trade talks and moreRupee depreciation is influenced by rising crude oil prices and reduced capital account support. India monitors US trade policy changes and...
No proposal to utilise unclaimed LIC, EPFO funds for other purposes: GovtUnclaimed insurance funds over ten years go to the Senior Citizen Welfare Fund. Life Insurance Corporation of India holds unclaimed amounts...
Japan's exports and imports grow as yen weakensJapan recorded a trade deficit in June, totaling 406.9 billion yen. Higher oil import prices and a weak yen contributed to this deficit. Ex...
Trade all at sea: Freight rattled by delays, ship shortages and port congestion as West Asia conflict flares up againRenewed conflict in West Asia is significantly disrupting India's exports, with exporters facing container shortages and limited vessel ava...
UN climate chief Simon Stiell lauds India’s renewable pushUN climate chief Simon Stiell is visiting India to understand its energy transition progress. He met with ministers and business leaders to...
Banks, financial institutions reported fraud of Rs 1.42 lakh crore in last 5 years: MoS FinanceBanks and financial institutions reported Rs 1.42 lakh crore in fraud over five years. Recovery of Rs 6,389 crore was made during this five...
JPMorgan, other US banks set to help finance Japan's $550 billion US investment plan, say sourcesUS banks like JPMorgan are nearing financing agreements for Japan's investment pledge. Japanese banks face high costs for dollar funding, l...
India bonds steady after swinging with oilOn Monday, Indian government bonds remained stable as crude oil prices dipped, driven by renewed optimism surrounding U.S.-Iran negotiation...
India says no proposal to offer long-term tax relief for domestic equity investorsIndia's finance ministry confirmed no plan to remove equity LTCG tax. This clarification follows recent tax easing for foreign investors in...
Amit Shah inaugurates India’s first immersive language museum ‘Shabdalok’ in KolkataIndia's first immersive language museum, the Museum of Word, has opened at the National Library. This initiative by the Ministry of Culture...
India tightens Sri Lanka tax treaty with anti-abuse ruleIndia has amended its tax treaty with Sri Lanka to introduce a Principal Purpose Test (PPT), allowing authorities to deny treaty benefits w...
Indian state-run banks estimate $30 bln flow from overseas deposit scheme, sources sayIndian state-run banks expect to raise nearly $30 billion through the RBI's subsidised NRI dollar deposit scheme by September 30, bankers t...