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MINISTER OF STATE FOR FINANCE
Parliament Watch: FM on rupee, `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...
India's debt-to-GDP ratio moderates to 58.2% in FY26: RSIndia's debt-to-GDP ratio moderated to 58.2 percent in FY26, showing improved fiscal health. The government's interest payments have declin...
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...
ITR filing 2026: CBDT takes these steps to prevent portal glitches before July 31 deadlineITR filing 2026: The government has addressed concerns regarding the income tax e-filing portal's performance. While usage has increased, t...
JPMorgan, other US banks set to help finance Japan's $550 billion US investment plan, sources sayJPMorgan and other US banks are close to agreeing on financing support for projects under Japan’s $550 billion US investment pledge, accord...
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...
Iran war forces cash-strapped Asian nations to buy expensive LNGPakistan and Bangladesh face high LNG costs due to Middle East conflict. This situation strains government finances and prompts rethinking ...
Parliament Watch: E-filing portal scales up as ITR rush peaks, LTCG mop-up jumps 79% to ₹1.29 lakh cr in AY26 & moreThe income tax e-filing portal has been upgraded to handle increased filings. Revenue from long-term capital gains rose significantly in as...
Assam floods submerge Nazira tea estates, over 57,000 people affectedUnprecedented floods have severely impacted tea estates in Nazira Sub-Division, Sivasagar District. Incessant rainfall in Nagaland caused r...
Nearly 55.49 crore UPI users onboarded by June 2026Around 55.49 crore UPI users were onboarded by June 2026, Parliament was informed. UPI transactions reached 24,162 crore in volume and Rs 3...
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...
Regime change lifts hopes of realtors in West BengalWest Bengal's new govt is expected to boost real estate activity significantly. Developers anticipate land reforms, including the repeal of...
An eye for dollars: SBI brings in $1.9 billion in foreign-currency resources via special scheme, way ahead of peersState Bank of India mobilized nearly two billion dollars under a central bank incentive. This amount significantly surpasses other state-ow...
Saudi Arabia rolls over $3 billion loan to Pakistan: ReportSaudi Arabia has rolled over its USD 3 billion debt to Pakistan. Pakistan's finance minister confirmed the debt rollover was completed. The...
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...
Assam plans Rs 77,353 crore investment to generate 8,457 MW power, aims to become energy-surplus stateAssam plans a significant investment exceeding Rs 77,353 crore for power generation projects. This ambitious plan aims to boost the state's...
Who is Ukraine's new prime minister, Sergii Koretskyi?Ukraine's parliament has approved Sergii Koretskyi as the nation's new prime minister. Koretskyi, an engineer and economist, has extensive ...
Karnataka cities get just 15% of promised SFC grants, denied fiscal autonomy, says reportKarnataka's city governments received only a fraction of promised state finance commission grants. A significant portion of these funds wer...
Global Market: UK's Rachel Reeves defends fiscal record ahead of leadership change; investors eye policy continuityBritain's Finance Minister Rachel Reeves defended her economic record ahead of an expected Labour leadership transition, while investors as...
Nirmala Sitharaman calls for greater NRI outreach to boost foreign currency inflowsFinance Minister Nirmala Sitharaman urged banks to intensify outreach to non-resident Indians. Innovative deposit products and foreign curr...