Cabinet approves capital infusion for the three Public Sector General Insurance Companies Ministry of Finance The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi has approved the capital infusion for an overall value of Rs.12,450 crore; (including Rs. 2,500 crore infused in FY 2019-20) in the three Public Sector General Insurance Companies (PSGICs) namely Oriental Insurance…...
Memorandum of Understanding (MoU) between CBDT and SEBI signed today
Memorandum of Understanding (MoU) between CBDT and SEBI signed today Ministry of Finance A formal Memorandum of Understanding (MoU) was signed today between the Central Board of Direct Taxes (CBDT) and the Securities and Exchange Board of India (SEBI) for data exchange between the two organizations. The MoU was signed by Smt. Anu J. Singh,…...
Finance Minister holds review meeting on CAPEX of 23 CPSEs to boost expenditure in the economy
Finance Minister holds review meeting on CAPEX of 23 CPSEs to boost expenditure in the economy Ministry of Financ Union Minister for Finance & Corporate Affairs, Smt. Nirmala Sitharaman, today held meeting, through Video Conference, with Secretaries of Ministries of Petroleum & Natural Gas , Power , Coal , Mines and D/o Atomic Energy and…...
World Bank and Government of India sign $750 million Agreement for Emergency Response Programme for Micro, Small, and Medium Enterprises
World Bank and Government of India sign $750 million Agreement for Emergency Response Programme for Micro, Small, and Medium Enterprises Ministry of Finance The World Bank and the Government of India today signed the $750 million agreement for the MSME Emergency Response Programme to support increased flow of finance into the hands of micro, small,…...
News report of Merger of two Boards of Revenue factually incorrectGovernment has no proposal to merge two Boards created under the Central Boards of Revenue Act, 1963
News report of Merger of two Boards of Revenue factually incorrectGovernment has no proposal to merge two Boards created under the Central Boards of Revenue Act, 1963 Ministry of Finance A news item has been published today in a leading newspaper that the Government is considering proposal to merge the Central Board of Direct Taxes…...
Auction for Sale (Re-issue) of ‘5.22% GS 2025’, Auction for Sale (Re-issue) of ‘6.19% GS 2034’, and Auction for Sale (Re-issue) of ‘7.16% GS 2050’.
Auction for Sale (Re-issue) of ‘5.22% GS 2025’, Auction for Sale (Re-issue) of ‘6.19% GS 2034’, and Auction for Sale (Re-issue) of ‘7.16% GS 2050’. Ministry of Finance The Government of India has announced the Sale (Re-issue) of (i) ‘5.22% Government Stock, 2025’ for a notified amount of Rs 12,000 crore (nominal) through price based auction, (ii) ‘6.19…...
Signing of Loan Agreements between Government of India and the World Bank for First Tamil Nadu Housing Sector Strengthening Programme and Tamil Nadu Housing and Habitat Development Project
Signing of Loan Agreements between Government of India and the World Bank for First Tamil Nadu Housing Sector Strengthening Programme and Tamil Nadu Housing and Habitat Development Project Ministry of Finance The Government of India, the Government of Tamil Nadu and the World Bank yesterday signed legal agreements to help low-income groups in the state…...
Auction for Sale (Re-Issue) of ‘5.09% GS 2022’, Auction for Sale (Re-Issue) of ‘5.79% GS 2030’, Auction for Sale (Re-issue) of ‘GoI Floating Rate Bond 2033’, and Auction for Sale (Re-Issue) of ‘7.19% GS 2060’.
Auction for Sale (Re-Issue) of ‘5.09% GS 2022’, Auction for Sale (Re-Issue) of ‘5.79% GS 2030’, Auction for Sale (Re-issue) of ‘GoI Floating Rate Bond 2033’, and Auction for Sale (Re-Issue) of ‘7.19% GS 2060’. Ministry of Finance The Government of India has announced the Sale (Re-issue) of (i) ‘5.09 per cent Government Stock, 2022’…...
Conversion of knowledge into wealth is important for development of manufacturing sector in India – Shri Nitin Gadkari
Conversion of knowledge into wealth is important for development of manufacturing sector in India – Shri Nitin Gadkari Ministry of Micro,Small & Medium Enterprises Union Minister for MSME and Road Transport and Highways, Shri Nitin Gadkari held meeting yesterday via video conferencing with the representatives of the Engineering Exports Promotion Council (EEPC) to discuss on…...
Calendar for Auction of Government of India Treasury Bills(For the Quarter ending September 2020)
Calendar for Auction of Government of India Treasury Bills (For the Quarter ending September 2020) Ministry of Finance After reviewing the cash position of the Union Government,the Government of India, in consultation with Reserve Bank of India, has decided to notify the amounts for the issuance of Treasury Bills for the quarter ending September 2020…...