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FINANCE MINISTRY STATEMENT
'Indian Ocean is our shared home': PM Modi highlights India-Seychelles ties after signing key MoUsPrime Minister Modi asserted the Indian Ocean as a shared home, emphasizing joint responsibility for its security and prosperity during his...- MSME Day 2026 showcases government's vision for a tech-driven and future-ready MSME ecosystemThe event celebrated the sector's growth, highlighting government commitment to a resilient, technology-driven MSME ecosystem. New initiati...
- Coast Guard commissions ICGS Akshay, 4th Adamya-class FPV built by Goa ShipyardThe Indian Coast Guard has bolstered its maritime security with the commissioning of ICGS Akshay, a new-generation fast patrol vessel built...
- Bank fraud cases: CBI flags issue of pending sanctions to probe bank officials in corruption casesThe CBI has highlighted significant delays in obtaining sanctions to probe and prosecute bank officials for corruption and fraud. This hurd...
- India has Rs 95,000 cr addressable market for assistive tech by 2030: NCPEDPIndia's assistive technology market could reach Rs 95,000 crore by 2030 with a dedicated national policy, experts revealed. This sector, cr...
- India-US trade talks gather pace as tariff clock ticksIndia and the US are pushing for an interim trade pact, with high-level talks led by Piyush Goyal and Jamieson Greer aiming for a deal befo...
- The smartphone is becoming India’s most important financial advisorIndia's financial landscape is rapidly digitizing, with smartphones becoming central to everyday money management. Once separate, banking a...
- China hits back at US sanctions on tech giants, restricting its exports to 10 American defense firmsChina has retaliated against US sanctions by imposing its own restrictions on 10 American military-linked companies. Beijing's Commerce Min...
- China hits back at US sanctions on tech giants, restricts exports to 10 American defense firmsChina imposed export controls on 10 US companies involved in defence and rare earths mining in response to Washington's blacklist, and bann...
- PSBs told to tighten scrutiny of government accounts amid fraud concernsIn response to a staggering ₹590 crore fraud uncovered in Haryana government accounts, the finance ministry has mandated that public sector...
- India to hold vice-presidency of global financial crime watchdog FATF for first timeIndia is set to assume the vice-presidency of the Financial Action Task Force (FATF) for the first time, with Vivek Aggarwal appointed to t...
- France mobilises €13 billion for tech sovereignty funding pushFrance has secured €13 billion in new funding for technology firms. This boost comes from institutional investors under the Tibi initiative...
- India taps World Bank, ADB for $2.5 billion infrastructure spendIndia is in talks with the World Bank and Asian Development Bank for substantial funding. This financial support aims to boost urban infras...
- EV industry seeks financing, payment security support to drive adoptionElectric vehicle makers are asking the government for better financing and payment security. This is to speed up the use of electric vehicl...
- India, Canada agree to conclude free trade pact talks by year-endIndia and Canada are set to finalize a free trade agreement by the end of this year. Prime Minister Narendra Modi and his Canadian counterp...
- Banks asked to track movable assets to aid loan recoveriesThe government is collaborating with banks to create a system for sharing borrower asset information. This aims to speed up the recovery of...
- FM Sitharaman flags global crisis spillovers, unfair burden on developing nationsFinance Minister Nirmala Sitharaman stated that the Global South should not bear the brunt of global imbalances and conflicts. Representing...
- India, Nepal launch cross-border remittance mechanism; links UPI, NPIIndia and Nepal have launched a new system for money transfers. This links India's UPI with Nepal's NPI. Citizens can now send money instan...
- Credit guarantee scheme for MFI 2.0 gets extensionThe Credit Guarantee Scheme for Microfinance Institutions-2.0 has been extended. This extension will last until August or until guarantees ...
- Over 1 lakh guarantees totalling Rs 48,484 cr issued under ECLG scheme since May 5: FinMinThe Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 has seen over 1 lakh guarantees issued, totaling Rs 48,484 crore in just one month. ...
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