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FINANCE MINISTRIES
Who will pay for today's optimism if AI goes wrong? CEA Anantha Nageswaran answersChief Economic Adviser Anantha Nageswaran raised concerns over the financial risks linked to artificial intelligence. He stated that financ...- Finance Ministry clarifies on legislative developments concerning govt's IDBI Bank stakeThe Finance Ministry clarified the legislative developments regarding IDBI Bank's government stake in 2003. An amendment to restrict the di...
- RBI approves merger of Emirates NBD's India branches with RBL BankThe Reserve Bank of India has approved the merger of Emirates NBD Bank's Indian branches with RBL Bank. This amalgamation will officially t...
- Sitharaman, JBIC chief discuss clean energy, critical minerals and supply chainsFinance Minister Nirmala Sitharaman recently met with JBIC Governor Kazuhiko Amakawa to discuss collaboration. They focused on clean energy...
- Annual bonus of Rs 6,908 for central government employees: Who qualifies and who will be left outAnnual bonus for central government employees On October 15, 2026, the Ministry of Finance introduced a non-Productivity Linked Bonus for c...
- Global Market: Japanese investors extend foreign bond selling streak to four weeksJapanese investors sold foreign bonds for a fourth consecutive week, pushing year-to-date net outflows to 5.34 trillion yen, the highest si...
- Railway employees to get Rs 17,591 annual bonus: But why other central government employees get just Rs 6,908Indian Railway annual bonus: The central government has announced a Productivity Linked Bonus for non-gazetted Railway employees for FY 202...
- Government cuts duty drawback rates on gold, silver jewellery exportsThe government has announced a reduction in duty drawback rates for gold and silver jewellery exports. The rates for gold jewellery have de...
- YES Bank examining SC ruling on Rs 8,415 crore AT1 bond write-offYES Bank is currently reviewing the Supreme Court decision that overturned its AT1 bond write-off. This ruling follows the Bombay High Cour...
- Supreme Court upholds Bombay HC ruling quashing YES Bank's Rs 8,415 crore AT1 bond write-offThe Supreme Court has confirmed the Bombay High Court's verdict that invalidated YES Bank's write-off of AT1 bonds totaling Rs 8,415 crore,...
- IDBI Bank-Fairfax deal: Government to retain 15% stake, LIC to hold 19%The government will retain a 15% equity stake in IDBI Bank and Life Insurance Corporation will hold 19%. Both the government and LIC will w...
- India tightens Mauritius tax treaty rules to prevent misuse of tax benefits, effective August 10The Finance Ministry has unveiled an important amendment to the India-Mauritius Double Taxation Avoidance Agreement. Effective August 10, t...
- Amit Shah meets Nepal Home Minister Sudhan Gurung, discusses border security, crimeAmit Shah and Nepal's Home Minister Sudhan Gurung met to discuss enhancing bilateral cooperation. The meeting focused on issues such as bor...
- Cabinet nod sought to extend power fund for 5 yearsThe power ministry is pursuing Cabinet approval for continuing the Power System Development Fund in upcoming finance cycles. The fund suppo...
- DA hike for central government employees: AIDEF urges cabinet secretary, Finance Ministry to announce DA hike soon, increase in bonus ceilingDA hike: Central government employees and pensioners are in eager anticipation of the upcoming announcement regarding the dearness allowanc...
- FM holds talks with global financial leaders in Singapore, pitches for boosting investment in IndiaFinance Minister Nirmala Sitharaman held meetings with global financial leaders in Singapore to encourage investments. Discussions included...
- GST Council proposes 2% TDS on scrap dealsThe proposed levy covers plastic waste, discarded tyres, electrical and electronic scrap, and used cooking oil. Under the framework, regist...
- GPF interest rate for October-December 2026 quarter: Has Finance Ministry changed GPF rate from 7.1%?The Ministry of Finance has set a 7.1% interest rate for the General Provident Fund, which will be applicable from October 1 to December 31...
- Govt asks banks to develop a sector-wide quantum transition along with an AI resilience frameworkAccording to the industry, major concerns in this segment include 'harvest now, decrypt later' threats, where cyber adversaries stockpile e...
- India, UK seek deeper investment tiesThe agreement was part of the joint statement adopted after the fourth UK-India Financial Markets Dialogue, held in London on September 29 ...
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