Page 2 of Finance Ministry

Is CIBIL score mandatory for bank loan? Centre issues key clarification

The Lok Sabha was also told earlier this week that the Reserve Bank of India had not not prescribed any…

August 24, 2025 20:47 IST

GST Council, Groups of Ministers, GST, rate rationalisation, life & health insurance, compensation cess, GST exemption, finance ministry, central government, tax collection

Three GST GoMs to meet between Aug 20-21 for rate rationalisation, insurance exemption and cess: Report

Three key Groups of Ministers (GoMs) formed by the GST Council will meet on August 20-21 to deliberate on rate…

August 18, 2025 11:11 IST

finance ministry, banks, banking sector, Q1FY26, public sector banks

Finance Ministry to meet CEOs of state-owned banks to review Q1 performance on Aug 20

The finance ministry has called a meeting of heads of PSBs on August 20 to review the first-quarter financial performance.…

Updated: August 18, 2025 10:08 IST

SEBI in talks with FinMin to end weekly options: Reports

SEBI is in talks with Finance Ministry. It may consider reducing the cash market margin requirement and also bring out…

August 5, 2025 13:34 IST

'No more than 3 years in...': Govt mulls policy to limit hiring, cap pay for consultants

June Economic Review: From inflation to current account deficit, 5 key highlights

The inflation remained within the target range in the first quarter of FY26, with the CPI inflation reaching a 77-month…

July 28, 2025 16:17 IST

Finance Ministry Urges Responsible Lending in NBFC Growth, Emphasizes Bank Collaboration. (Image Source: Twitter)

NBFCs growth cannot come at the cost of procedure: FinMin Joint Secy More

A Ministry of Finance official stressed the need for responsible lending and robust compliance for NBFCs, despite increased RBI oversight.…

July 24, 2025 18:15 IST

India Revamps CKYC Norms for Seamless Financial Services, Enhancing User Comfort. (Image Source: Twitter)

Financial sector regulators to issue revamped CKYC norms soon

India’s finance ministry has issued revised Central Know Your Customer (CKYC) guidelines to financial regulators, aiming to standardize e-KYC norms,…

July 13, 2025 20:09 IST

IDFC First Bank gets Finance Ministry nod to increase stake in Niraj Kakkad Constructions

According to the Banking Regulation Act, 1949, a bank cannot have a shareholding of over 30 percent in any company.…

July 8, 2025 20:15 IST

GST, GST collection, GST revenue, exports, imports, GST refund, geopolitical factors, consumer spending

June GST collection drops below Rs 2 lakh crore mark

India’s gross GST collection went up by 6.2 per cent on-year for the month of June to Rs 1.84 lakh…

Updated: July 1, 2025 18:01 IST

FE Exclusive| FM Nirmala Sitharaman hints at lower GST rates, ‘the expectation is that it will come down’

FM Nirmala Sitharaman signals lower, simpler GST rates ahead; stay tuned for updates from the next GST Council meeting.

Updated: July 1, 2025 12:16 IST

Crucial Reforms for India's Economy – From Farm Productivity to Deregulation. (Image Source: PTI)

Across the aisle by P Chidambaram: MoF – Accept or reject, don’t ignore

An insightful analysis of the recent Ministry of Finance Consultative Committee meeting highlights critical areas for India’s economic growth. This…

June 28, 2025 22:45 IST

India imposes anti-dumping duty on herbicide imports from China

India’s Finance Ministry has imposed a five-year anti-dumping duty on imports of the herbicide Pretilachlor and its related forms from…

June 20, 2025 16:30 IST

GDP, FSDC, economy, RBI, Sebi, Securities and Exchange Board of India

FM to review economic challenges, C-KYC at FSDC meet

FSDC, led by FM Nirmala Sitharaman, to meet on June 10 to assess macroeconomic stability, streamline centralised KYC, and boost…

June 4, 2025 23:22 IST

RBI MPC Meet 2025 Live Updates, RBI Policy Meeting June 2025 Announcements

RBI’s draft norms: Why sub-Rs 2 lakh gold loans call for soft-touch rules

The finance ministry has urged RBI to exempt gold loans under Rs 2 lakh from draft norms to protect small…

June 3, 2025 21:16 IST

Muthoot Finance share price today, May 29

Mannapuram, Muthoot surge 7%: Govt urges RBI to ensure small ‘gold loan borrowers are not adversely affected’

Finance Ministry urges RBI to protect small gold loan borrowers; markets see Muthoot, Mannapuram shares surge. Read more!

May 30, 2025 13:07 IST

Chidambaram hails minimum balance waiver by leading banks: 'Some earned hundreds of crores per year'

Chidambaram flags alarming trend of investment cancellations by Indian companies; calls out Finance Ministry

Citing recent data, Chidambaram said that the ratio of abandoned projects to new investment announcements has surged to 35.9 per…

Updated: May 30, 2025 07:15 IST

direct tax, fiscal, RBI, economy, Finance Minister, income tax

Fiscal, monetary steps may lift growth to upper end of 6.3-6.8% forecast: Finmin

India’s FY26 growth may hit 6.8% amid tax relief, RBI rate cuts, and strong investment outlook, says Finance Ministry. US-India…

May 27, 2025 22:13 IST

RBI, banking sector, liquidity, rupee, reserve bank of india, repo rate, government bonds, rbi bonds, bond market, bond prices, rbi monetary policy, rbi, rbi policy,

Indian banks to soon lend in rupees to overseas borrowers? RBI seeks govt nod

The proposal suggested allowing the domestic banks and their foreign branches to lend in rupees to non-residents in neighbouring countries…

May 26, 2025 14:28 IST

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OMCs clinch large LNG import deal with US for 2026

Policy17 min ago

India has signed a one-year deal with the US to import 2.2 million tonnes of LPG, accounting for 10% of its annual imports, as part of its efforts to diversify energy sources and secure affordable supplies. The country is seeking trade arrangements with the US in the energy sector, despite high tariffs on Indian goods.

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