Finance news

Year End Review – 2018- Ministry of Finance 

The Indian Government has made significant strides in the last 4 years in taking India to new heights in terms of the welfare of the citizenry, the overall structure& growth of the economy, and creating a strong presence as an emerging global power. To fuel such achievements, the Government has worked tirelessly for shouldering a [&he...

Read More
Posted Under: Finance |

Govt moves to enhance bank recapitalisation outlay to Rs. 106000 crore

Government today moved proposal in Parliament for enhanced bank recapitalisation outlay from Rs. 65,000 crore to Rs. 1,06,000 crore in the current financial year to propel economic growth, cementing India’s position as the fastest growing economy of the world. This would enable infusion of over Rs. 83,000 crore in the coming few months ...

Read More
Posted Under: Finance |

Investigative agencies to maintain high standards of professionalism: FM

Shri Arun Jaitley, Union Minister for Finance and Corporate Affairs, exhorted Directorate of Revenue Intelligence to maintain high integrity and professional standards and endeavour to become a a near perfect organisation....

Read More
Posted Under: Finance |

FM defends Demonitisation & explains its Impact

Demonitisation compelled holders of cash to deposit the same in the banks. The enormity of cash deposited and identified with the owner resulted in suspected 17.42 lakh account holders from whom the response has been received online through non-invasive method. ...

Read More
Posted Under: Finance |

Procedure to apply for MSME loans up to Rs 1 crore in 59 minutes

Government has provided an opportunity to MSMEs to apply for loan upto Rs 1 crore, which will be processed quickly and without collateral security...

Read More
Posted Under: Finance |

MSME loans up to Rs. 1 crore – All you want to know

Release ID: 1547245 (25/09/2018)

1. What is the minimum and maximum loan amount one can borrow through the portal? An MSME can avail business loan from Rs 1 Lakh to Rs 1 Crore through www.psbloansin59minutes.com. 2. What if I do not file/have GST Return/Income Tax Return/Banking Details? We are sorry, you will not be able to complete the borrower journey on www.psbloansi...

Read More
Posted Under: Finance |

Govt takes Action taken to preserve value & assets of IL& FS

Firm and Decisive Government Action taken to preserve value and assets of IL& FS Government stands fully committed to ensure much needed liquidity arranged for the IL& FS from the financial system so that no more defaults take place and the infrastructure projects  implemented smoothly IL&FS, incorporated in 1987, is a large ...

Read More
Posted Under: Finance |

Rain Pain: Update on rainfall and projected price & production impact

Extreme weather conditions across the country are likely to have some adverse impact on agriculture production this year. The floods in parts of Karnataka and Kerala have damaged plantation crops such as spices and rubber....

Read More
Posted Under: Finance |

USD/INR Update: Change in Call

The famous English economist John Maynard Keynes is known have to have retorted to a critic who pointed out that his predictions and policies changed all too often –I change my mind when the facts do. What do you do, sir?...

Read More
Posted Under: Finance |

Arun Jaitely resumes charge of Ministry of Finance & Corporate Affairs 

The Union Minister, Shri Arun Jaitley today resumed the charge of the Ministries of Finance and Corporate Affairs after a gap of more than three months. ...

Read More
Posted Under: Finance |

Browse All Categories

CA, CS, CMA (3,962)
Company Law (4,193)
Custom Duty (7,148)
DGFT (3,826)
Excise Duty (4,173)
Fema / RBI (3,564)
Finance (3,774)
Income Tax (28,540)
SEBI (3,016)
Service Tax (3,418)