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FINANCE MINISTRY RESPONSE
DRI uncovers Rs 2,500 crore duty evasion through fraudulent SAFTA claims on areca nutsThe Directorate of Revenue Intelligence has uncovered a major areca nut import racket involving fraudulent SAFTA claims and false declarati...- Parliamentary panel on finance suggests task force to fill 38 vacant DIPAM positionsA parliamentary committee highlighted a significant 43 percent vacancy rate within DIPAM. This shortage severely impacts the department's a...
- Internship scheme aims to bridge skill gap among youth: Nirmala SitharamanThe PM Internship Scheme is designed to bridge the gap between industry requirements and the skill sets of job seekers. Recognizing a signi...
- Parliamentary panel seeks penalties for banks hosting multiple mule accountsA parliamentary committee suggests penalizing banks for mule accounts and KYC lapses. It also highlighted delays in merchant discount rates...
- Microsoft retreats in China, but AI boom helps it keep a window openThe year was 2010 and Google was about to exit due to concerns over censorship and cyberattacks. That decision was lauded by democracy acti...
- Parliamentary panel backs govt steps to strengthen IBC recovery, seeks deeper action on fund diversionA parliamentary panel has backed govt efforts to improve insolvency recovery, seeking urgent action to prevent fund diversion during insolv...
- Rahul Gandhi moves SC against Allahabad HC order on assets probeRahul Gandhi has approached the Supreme Court challenging a high court order. The Allahabad High Court directed probes into allegations of ...
- Rajya Sabha passes NCDC Amendment Bill to boost cooperative sector fundingIn a significant move, the Rajya Sabha has approved the National Co-operative Development Corporation Amendment Bill, enabling the NCDC to ...
- Will 8th Pay Commission submit its report before 18-month deadline? Minister clarifies8th Pay Commission news: The 8th Pay Commission is currently engaging with various stakeholders regarding issues related to pay and pension...
- Over 36,000 firms shut operations in Maharashtra in 5 yrs; Oppn claims graft, govt interferenceIn Maharashtra, over 36,000 private companies have been dissolved within the last five years, particularly affecting the business services ...
- Govt committed to phased implementation of 'PRAHAAR' strategy: MHAIndia's PRAHAAR strategy is being rolled out progressively, focusing on counter-terrorism efforts in a structured manner. The initiative ai...
- Government proposes 40% hike in SC/ST atrocity compensation to up to Rs 12 lakhThe government plans a substantial compensation hike for atrocity victims under the SC/ST Act. Financial assistance will also be provided t...
- Shashi Tharoor seeks revision of Ayushman Vay Vandana funding pattern, flags Kerala's fiscal burden40 funding pattern under Ayushman Vay Vandana, saying that the arrangement could place a higher financial burden on states with ageing popu...
- Should ministers have domain expertise? Gen Z protests revive an old debateThe recent wave of protests from Gen Z has sparked significant government actions, leading to both transfers and resignations among officia...
- Free coaching scheme for SC/OBC students falters as panel flags shrinking budgets, missed targets over three yearsA parliamentary panel expressed concern over the poor implementation of a free coaching scheme. Financial and physical targets for underpri...
- Oil India chief Ranjit Rath among applicants for top job at ONGCOil India CMD Ranjit Rath is a leading contender for the ONGC chairman position. Eligibility criteria, including age limits, were relaxed f...
- Indonesia government to take over state firm's stake in troubled China-funded high-speed railwayIndonesia's government will acquire a majority stake in the high-speed rail operator. This move aims to manage the project's outstanding lo...
- HC seeks govt reply on auto TDS refund pleaThe Delhi High Court has asked the government for its response on a plea. This plea seeks automatic tax deducted at source refunds for indi...
- Finance ministry calls for faster policy action to sustain growth amid global uncertaintyIndia's finance ministry stressed faster policy responses and stronger implementation for investment. The economy shows resilience despite ...
- India growth resilient amid global uncertainty, but crude risks lingerGlobal uncertainties resurface, impacting the worldwide economic outlook significantly. Resilient domestic demand continues to support Indi...
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