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SENIOR FINMIN OFFICIAL
US war in Iran has cost $25 billion so far, says Pentagon officialThe United States war in Iran has cost twenty-five billion dollars. This figure comes from a senior Pentagon official. Democrats are highli...- Will Shaktikanta Das deal with grim truths starting December 11?RBI Governor Shaktikanta Das faces uncertainty about his future as his six-year term ends amid economic challenges. A slowing economy, pers...
- Finmin calls meeting of bankers, other senior officials to deal with digital payment fraudThe Finance Ministry has called a meeting to discuss steps to combat digital payment fraud and cyber security issues. The meeting, chaired ...
- Finance ministry not considering tax waivers for Tesla, says Revenue SecretaryLast month, Tesla CEO Elon Musk said Indian Prime Minister Narendra Modi was pushing the car maker to make a "significant investment" in th...
- Need functional in-flight entertainment in long-haul flights to compete with others: Air India to GovtOne of the biggest complaints from passengers on AI’s long-haul flights is non-functional IFEs.
- PNB Fraud: MoF asks RBI to give details of systems to prevent wrongdoingThe finance ministry wrote to RBI seeking details of the systems that the banking regulator had put in place to prevent wrongdoing and if t...
- Framework in the works for identification of SIFIThe government believes that cross-sector financial stability issues may crop up if regulators identify SIFI on their own.
- Finmin to hold important meeting on tax collection tomorrowThe Finance Ministry will hold a high-level meeting tomorrow to review the status of direct taxes collection facing an anticipated shortfal...
- Financial Intelligence Unit detects over Rs 7,800 cr black money in 2013-14The huge amount of black money could be detected as the FIU saw an about 100% jump in Suspicious Transaction Reports at 61,953 dossiers.
- Suits & Sayings: Wackiest whispers and murmurs in corporate corridorsET’s bi-weekly roundup of the wackiest whispers and murmurs in corporate corridors & policy parlours.
- Finance Ministry restricts Internet access for director-level officersThe DEA is an important wing of the Finance Ministry which deals with policy matters including Foreign Direct Investment (FDI) and capital ...
- Department of Space, DoT to overhaul satellite communications policyIt will frame rules for allocating and pricing satellite transponders and explore ways to deal with applications seeking use of foreign orb...
- Department of Space to revamp satellite communications policy for auction of satellite bandwidthThe Department of Space and DoT will overhaul India’s 17-yr old satellite communications policy to pave the way for auctioning satellite ba...
- Defence & welfare spending to be cutThe cuts will reduce spending by about 1.1 trillion rupees in the current financial year, some 8% of budgeted outlay, or roughly 1% of esti...
- DoT to seek Finmin nod to reimburse BSNL for loss-making rural operationsThe telecom department will shortly seek finance ministry approval to reimburse state-owned BSNL for all its loss-making ventures linked to...
- Govt makes it mandatory for babus to fly Air IndiaIf babus are headed for a place not connected by AI, they will now have to fly to the point closest to the destination that’s served by the...
- FM to chalk out roadmap for PSBsFinance minister Pranab Mukherjee will chalk out an immediate roadmap for public sector banks (PSBs) on what he expects from them in terms ...
- Nelp-VII may fade into the distanceThe seventh round of the country’s mega oil hunt may turn out to be still-born, with increasing chances of it getting delayed indefinitely....
- Finmin tells PSUs not to invite bids for bulk depositsThe finance ministry has decided to break the nexus between public sector undertakings (PSUs) and commercial banks over parking of idle fun...
- Lobbies work overtime for Budget favoursHectic lobbying has been on for last-minute changes in the Budget proposals, to be presented by finance minister P Chiddambaram on February...
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