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MINISTRY OF FINANCE STATEMENT GPF
Govt approves proposal to amend Khadi and Village Industries Commission ActThe government has approved amendments to the KVIC Act, 1956, to modernize the Khadi and Village Industries sector. These changes aim to bo...- Economy resilient but risks from monsoon, geopolitical uncertainties remain: FinMin reportIndia's economy shows resilience despite a slight slowdown in some key indicators. While global commodity prices ease, risks loom from an u...
- AI tools helping identify GST evasion, easing compliance for honest taxpayers: FinMinIndia's Goods and Services Tax (GST) system is leveraging advanced technologies like AI and data analytics to combat tax evasion and stream...
- Govt extends customs duty waiver on import of key petrochemical products till July 15The government has extended the nil customs duty on approximately 40 critical petrochemical products by another 15 days, now until July 15....
- India convenes third preparatory meet of BRICS Women's Working GroupIndia, under its BRICS Chairship, hosted the third preparatory meeting for the BRICS Women's Working Group virtually. Discussions centered ...
- SMBC Asia Rising Fund makes follow-on investments worth $12-15 million in three fintech startupsSMBC Asia Rising Fund (ARF) has injected $12-15 million in follow-on investments into Easy Home Finance, Vayana, and DPDzero. These strateg...
- Govt pledges extra Rs 30,000 crore for NIIF, move to spur infra investments, says finance ministryThe Indian government has boosted its commitment to the National Investment and Infrastructure Fund (NIIF) by an additional Rs 30,000 crore...
- Canara Bank, Bank of Baroda, Indian Bank pay Rs 7,023 cr dividend to govt for FY26Three public sector banks, Canara Bank, Bank of Baroda, and Indian Bank, collectively disbursed Rs 7,023 crore in dividends to the governme...
- Rajnath Singh unveils DFP-2026 to enhance accountability, timely execution of R&D projectsThe DFP-2026, unveiled here by Defence Minister Rajnath Singh, aims to significantly enhance functional empowerment at various levels withi...
- JP Nadda to unveil healthcare programme for children up to three yearsUnder the programme, newborns will receive up to nine home visits during the first 42 days of life, while at-risk children will receive up ...
- 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...
- "Interventionist, irresponsible, provocative": Iran slams US-GCC statement curbing Tehran's nuclear programmeIn a statement released by Iran's Ministry of Foreign Affairs and carried by state media Islamic Republic of Iran Broadcasting (IRIB), Tehr...
- 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...
- 'Passport never been proof of citizenship': Govt cites Passports Act 1967, Bombay HC rulingGovernment clarifies a passport has never been definitive proof of citizenship, citing the Passports Act and Bombay High Court rulings. Thi...
- Finance ministry, NFRA officials brief Par panel on corporate laws amendment billParliament's joint committee received briefings on the Corporate Laws (Amendment) Bill, 2026, from Finance Ministry officials and the Natio...
- 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...
- 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...
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