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FINANCE MINISTRY RESTRICTION
Do you lose your interest and deposit if you have multiple PPF accounts? Here's what the rules sayDiscovering you have two Public Provident Fund accounts can be a common oversight, but it's crucial to address. Indian regulations strictly...- Global Markets: MSCI keeps South Korea in emerging-market index, cites market accessibility hurdlesSouth Korea remains in the emerging-market category as MSCI cites persistent foreign exchange market accessibility issues. Despite ongoing ...
- Critical minerals, strategic stakes: Inside India's bid to break China's supply chain strangleholdIndia and the US have inked a pact to secure critical mineral supplies, bolstering a broader Quad initiative aiming to invest $20 billion i...
- FPIs pump record funds into G-Secs after policy shiftForeign funds are pouring into India's government bond market at a record pace this month, driven by tax exemptions on interest and capital...
- India’s fertiliser subsidy model is broken; direct income support is the only way forward: Ashok GulatiIndia’s fertiliser subsidy regime is facing scrutiny; rising global fertiliser and energy prices and rising fiscal pressures expose its ine...
- Call to extend duty cuts on critical inputs soonIndia is set to decide on extending customs duty relief for critical raw material imports beyond June 30. An inter-ministerial panel will r...
- Asia’s currency fight moves offshore as central banks push backAsian central banks are intensifying efforts to curb offshore forex speculation as external pressures like high oil prices and a strong dol...
- What's brewing? FinMin seeks gold lending info from banksIn a communique to banks on Friday evening, the Department of Financial Services sought data on value and quantity of gold metal loans (GML...
- The safe keepers: Inside India's booming locker economyIndia’s locker economy is booming amid rising gold prices and household wealth. While banks remain the preferred repository, private vault ...
- India, Venezuela eye energy partnership as Acting President Delcy Rodriguez wraps up New Delhi visitIndia and Venezuela are strengthening energy ties. Discussions cover oil production and refining. Venezuelan Acting President Delcy Rodrigu...
- Corporate funding for multidisciplinary partnerships likelyThe Indian government is exploring a significant policy shift. It may permit corporate investments in multidisciplinary partnership firms. ...
- Top gold loan companies expand bullion holdings to record levels in FY26India's top gold loan firms, Muthoot Finance, Manappuram Finance, and IIFL Finance, collectively hold a record 334 tonnes of gold. This amo...
- Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
- Uzbekistan’s evolution in the international financial systemUzbekistan's National Investment Fund has made waves with its groundbreaking IPO, now trading on international stock exchanges. This pivota...
- India reviews curbs on non-essential imports to support rupee, boost local manufacturingIf necessary, the government can impose higher duties or selective restrictions to curb such imports. India's merchandise trade deficit wid...
- PM Modi dismisses media report on possible tax on foreign travel as ‘totally false’Prime Minister Narendra Modi has strongly refuted media reports suggesting a new tax on foreign travel. He stated there is absolutely no tr...
- PFC net up 3%, expects merger with REC by April 2027; flags concern over RBI normsPower Finance Corporation and REC Ltd are planning to merge by April 1, 2027. This merger will create a single platform for financing India...
- India considering emergency measures to save foreign exchangeIndia is exploring emergency measures to protect its foreign exchange reserves. These steps may include limiting imports of gold and electr...
- Centre allows big funds to bid for BOT highway projectsIndia's Ministry of Road Transport and Highways is opening build-operate-transfer road projects to large institutional investors. This poli...
- India has no plans to raise gold, silver import duties, govt source saysIndia will not restrict international card usage or increase import duties on gold and silver. Government sources clarified this amid conce...
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