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The Government of India has evolved a special borrowing window to address the shortfall in the GST collection during the year 2020 – 2021. 21 States and 2 Union Territories opted for this special window involving back-to-back borrowing coordinated by the Ministry of Finance. Out of these, five States did …
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Union Minister for Finance & Corporate Affairs Nirmala Sitharaman today held Video Conference with Secretaries of the Ministries of Petroleum & Natural Gas and M/o Coal, along with the CMDs of 14 CPSEs belonging to these Ministries, to review the capital expenditure (CAPEX) in this financial year. This was 4th …
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Union Minister of Finance & Corporate Affairs Nirmala Sitharaman participated in the 102nd Meeting of the Development Committee Plenary through video conferencing here today. The items on the agenda included Leaning Forward to Save Lives, Scale-up Impact and Get Back on Track: World Bank Group COVID-19 Crisis Response and Update …
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Micromax Informatics Ltd., India’s very own consumer electronics brand, today unveiled a new sub brand- ‘in’, as it makes a comeback in the smartphone segment. The announcement comes on the heels of the PLI approvals sanctioned by the Government of India, moving a step closer to realising the vision of …
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The Income Tax Department has carried out a search and seizure action on 14.10.2020 in the case of a leading advocate practicing in the field of commercial arbitration and alternate dispute resolution. He was suspected to be receiving substantial amounts in cash from his clients, to settle their disputes. During …
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Union Minister for Finance & Corporate Affairs Nirmala Sitharaman participated in the G20 Finance Ministers and Central Bank Governors (FMCBG) meeting under the Saudi Arabian Presidency here today through video conferencing. Ministers and Governors of G20 countries had gathered to discuss the current global economic outlook and G20’s response to …
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The fifth meeting of the India-Mexico Bilateral High Level Group on Trade, Investment and Cooperation (BHLG) was held on 9 October 2020 through video conference. The meeting was co-chaired by the Commerce Secretary of the Government of India, Dr. Anup Wadhawan and the Vice Minister for Foreign Trade of the …
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Union Minister for Finance & Corporate Affairs Nirmala Sitharaman here today announced measures of Rs 73,000 crore to stimulate consumer spending in the economy in an effort to fight the slowdown due to COVID-19 pandemic following lockdown. Union Minister of State for Finance & Corporate Affairs Anurag Singh Thakur, Finance …
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The Government of India and the Asian Development Bank (ADB) today signed a $300 million loan to finance inclusive and sustainable water supply and sanitation infrastructure and services in 14 secondary towns of the state of Rajasthan.The signatories to the Rajasthan Secondary Towns Development Sector Project were Sameer Kumar Khare, …
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The Asian Development Bank (ADB) and the Government of India today signed a $270 million loan to develop water supply and integrated storm water and sewage management infrastructure and strengthen capacities of urban local bodies (ULBs) for improved service delivery in the state of Madhya Pradesh. This is an additional …
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