finance ministry

Finance Minister Nirmala Sitharaman met with First Deputy Prime Minister of Russia, Denis Manturov, in New Delhi today. The Ministry of Finance posted on social media that the two leaders discussed strengthening trade and investment ties and addressed issues of mutual interest.

New Delhi, April 1 The Rajya Sabha passed a resolution on Wednesday to impose additional excise duty on Aviation Turbine Fuel (ATF), also known as jet fuel.The resolution was moved in the House by Minister of State for Finance, Pankaj Chaudhary, shortly after the session resumed after lunch...

New Delhi, April 1 The government has announced a one-time special relief measure in the form of certain duty benefits for special economic zones (SEZs), a move that would provide support to units in these enclaves amid global uncertainties.However, the exemption will only be available if the...

New Delhi, March 28 The near-term outlook remains uncertain, with external shocks, particularly the West Asia crisis, posing downside risks to growth through elevated input costs and potential supply disruptions, the Finance Ministry said in a report on Saturday.However, the report said...

Kathmandu, March 27 Rapper-turned-politician Balendra Shah, popularly known as 'Balen', was sworn in as Nepal's new prime minister on Thursday, about six months after the dramatic collapse of the KP Sharma Oli government in an unprecedented youth movement.The 35-year-old leader of the Rastriya...

Ahmedabad, March 27 Gujarat Chief Minister Bhupendra Patel on Friday praised the central government's decision to reduce excise duty on petrol and diesel, stating that the move demonstrates its commitment to protecting citizens from the impact of global instability.The government has reduced...

New Delhi, March 27 – The Congress party on Friday accused the government of reducing excise duties on petrol and diesel due to upcoming assembly elections, pointing out that consumer prices in India have not decreased even when global crude oil prices have fallen on seven different occasions in...

The central government has reduced the central excise duty on petrol and diesel by 10 rupees per litre for domestic consumption. In a social media post, Union Finance Minister Nirmala Sitharaman stated that this decision was taken in light of the crisis in West Asia. She explained that this move...

New Delhi, March 27 The Congress claimed on Friday that the government's excise duty cuts will not affect prices for dealers and consumers, and that the relief is only in the narrative, not in reality.The government has reduced excise duty on petrol to Rs 3 per litre and exempted diesel...

New Delhi, March 27 Union Home Minister Amit Shah on Friday said the central government's decision to cut excise duty on fuel when prices are soaring globally reflects its people-centric governance and decision-making based on sensitivity.In a post on X, Shah wrote, "As the world is grappling...

New Delhi, March 27 The Congress on Friday claimed that the government's excise cuts will not change prices for dealers and consumers, and that the relief exists only in the narrative, not in reality.The government has slashed excise duty on petrol to Rs 3 per litre and exempted diesel fully...

New Delhi, March 19 A day after HDFC Bank Chairman Atanu Chakraborty resigned due to ethical concerns, a top official from the Finance Ministry said on Thursday that the bank is a "strong institution with strong fundamentals".Financial Services Secretary M Nagaraju said that the Reserve Bank...

Mumbai, March 19 Hours after HDFC Bank Chairman Atanu Chakraborty resigned, citing ethical concerns, the Reserve Bank said on Thursday that there were no significant concerns regarding the bank's conduct or governance."HDFC Bank is a Domestic Systemically Important Bank (D-SIB) with sound...

New Delhi, March 13 DRI officials have seized 237 kg of drugs worth Rs 47 crore and over 3.5 tonnes of chemicals from an illegal Alprazolam factory in Andhra Pradesh, and two persons have been arrested, the finance ministry said on Friday.The operation, codenamed "Operation White Hammer," was...

New Delhi, March 10 The Supreme Court on Tuesday warned that it could summon the defence and finance secretaries if their concerned ministries fail to take a decision on extending monetary benefits to military cadets who became unfit due to disability suffered during their training period.A...

New Delhi, March 10 The government on Tuesday sought Parliament's approval to spend an additional net amount of Rs 2.01 lakh crore in the current fiscal year ending March 31, with a significant portion of the expenditure allocated to food and fertilizer subsidies.According to the second batch...

New Delhi, March 9 The government has spent ₹88.74 crore on advertising for the GST Bachat Utsav, under which tax rates on a wide range of goods were reduced, effective September 22, 2025, Parliament was informed on Monday.In response to a question on the total expenditure on advertising for...

Jerusalem, March 5 The ongoing war with Iran could cost Israel an estimated 9.4 billion NIS (approximately $3 billion) per week under current restrictions on economic activities, the Israeli Finance Ministry has warned."In a letter sent to the Chief of the Home Front Command, Maj. Gen. Shai...

New Delhi, March 2 Finance Minister Nirmala Sitharaman met with Zou Jiayi, the newly appointed President of the Asian Infrastructure Investment Bank (AIIB), on Monday, and emphasized the need to increase investments in member countries.Both leaders discussed strengthening the India-AIIB...

Chandigarh, March 1 Haryana Excise and Taxation Commissioner Vinay Pratap Singh said on Sunday that the state's gross SGST collection continues to grow at a record 22 per cent in 2025-26 compared to the previous fiscal, according to the latest data released by the Union Finance Ministry.He...