The report said the situation is likely to have improved since demonetisation and IIP growth should see some uptick in January.

Economic Affairs Secretary Shaktikanta Das said Indian markets have already factored in the impact of the increase.

75% of the amount allocated is being released now to provide liquidity support for lending operations and to enable banks to raise funds fr...

Under the initial terms, the entire tax had to be paid by November 30, 2016 and the declarations could be made by September 30, 2016.

The finance ministry cleared the US company’s proposal to set up Apple Stores under the single-brand policy but without any relaxation in t...

In a statement, the ministry noted that Rupay cards have been issued to 16.51 crore customers and two lakh accounts are opened every day.

Deposits in accounts opened under the government's ambitious financial inclusion scheme Pradhan Mantri Jan Dhan Yojana (PMJDY) have exceede...

Congress today rejected Sushma Swaraj's claim of helping Lalit Modi on humanitarian grounds in Lok Sabha, saying she could have done it und...

The discussion was taken up on the penultimate day of the Monsoon session after the government agreed to it through an adjourment motion.

The rupee still closed 24 paise lower at 58.39 compared to yesterday's close, extending losses for fifth straight day.

"The package is being finalised and the cabinet note is likely to be moved by month-end," a finance ministry official told ET.

A repository that would have data on all oil assets held by both national and private companies will also be created.

The commerce department will soon ask the finance ministry to re-introduce interest rate subvention or discount scheme for certain category...

The EPFO's Finance and Investment Committee (FIC) will take a decision on investing between 3 and 5% of its enormous corpus in the capital ...

Reserve Bank, through its actions, has acquired enhanced independence, though officially there has been no noticeable movement in it gettin...

Finance Ministry is understood to be considering abolishing excise duty on food made from perishable farm produce.

With infrastructrue crying for long term funding and external commercial borrowing having a cap of $18 billion in a year, the Finance Minis...