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Global Markets | Japanese investors make biggest foreign stock exit in five years in MayThe MOF data showed that trust accounts divested a net 3.38 trillion yen of foreign stocks but pumped 3.16 trillion yen into bonds in the o...- No rivers, no wells, no rain needed: How a Nobel Prize-winning scientist's invention produces up to 1,000 litres of drinking water daily from thin airOmar Yaghi Water-From-Air Innovation: Nobel Prize-winning chemist Omar Yaghi has helped develop a groundbreaking machine that can produce c...
- Japan to introduce new range of JGBs targeting retail buyers, sources sayJapan is set to launch new government bonds aimed at individual investors. This move comes as the central bank scales back its bond buying....
- MoF approves scheme for floating solar battery storageIndia is set to boost renewable energy with a new ₹5,500 crore floating solar battery storage scheme. The finance ministry's expenditure fi...
- Yen trims gains against dollar after Japan's intervention in marketsJapan's currency, the yen, saw a slight dip against the dollar on Friday. However, it is set for its strongest weekly rise in over two mont...
- GJC pushes RBI for revamped Gold Monetisation SchemeThe Gem and Jewellery Council is proposing a new Gold Monetisation Scheme. This plan aims to work with the Reserve Bank of India and the Fi...
- PSBs to hold credit outreach event as a part of Azadi Ka Amrit MahotsavAll public sector banks will be holding a credit outreach drive across districts on Wednesday June 8, as a part of the Azadi Ka Amrit Mahot...
- It's double taxation: Share buyback tax should go, like DDT, says TV Mohandas Pai in a BCIC reportThe buyback taxation should go just like the MoF did with the dividend distribution tax (DDT) that companies paid earlier, they said. “Shar...
- Demand concerns tied to pace of vaccination, third wave: DK Joshi, CRISIL"Overall, things are somewhat better than they were couple of months back and there has been a gradual upturn, I would say."
- China allocates $10 billion to fight rural povertyThe Ministry of Finance (MOF) said that more than 66 billion yuan ($10 billion) has been approved for local authorities, up over 40 per cen...
- Home secretary Rajiv Mehrishi to push for regaining control of centrally sponsored schemesMehrishi is likely to spearhead a push in January to regain control of centrally sponsored schemes transferred to the states under the 14th...
- Promotion scam: Railway wants inter ministerial consultations"Further promotion based on this cadre restructuring should be carried out after the issue is resolved with the DoPT and MoF."
- After Fin Min objection, Railways stops officers' promotionThe Finance Ministry had written to Railways to "revoke" its decision for promoting these officials through cadre restructuring.
- MoF seeks coal for power plants to check bad loansThe move comes at a time when projects worth around Rs 5.39 lakh crore are stuck in the power sector.
- Finance Ministry's note in conflict with Pranab Mukherjee's response to CAGThe 'civil war' in the government is certain to intensify as the Finance Ministry’s note to the PMO on 2G spectrum allocation is unlikely t...
- MoF clean chit to banks in 2G scamThe finance ministry has given a clean chit to banks that lent to telecom companies awarded 2G licences in 2008.
- No special sops for large SEZs: MoFThe revenue department has shot down a proposal seeking tax concessions to large SEZs for building infrastructure to ensure contiguity wher...
- FinMin asks DoT to speed up 3G auction processThe Finance Ministry has asked the Department of Telecom to speed up 3G spectrum auction process, so that operators can roll out services a...
- Govt may allow strong PSU banks to issue ADR/GDRsThe Ministry of Finance (MoF) is considering a move to allow strong public sector banks to issue ADR/GDRs, while keeping within the overall...
- FIs remain rudderless as MoF plays name gameAppointments to public financial institutions have always been an issue. For the appointments to the posts of five public financial institu...
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