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finance ministry

Finance Ministry to Decide on Ending Windfall Tax for Domestic Crude Oil: Tarun Kapoor

In Short:The Indian finance ministry is considering ending the windfall tax on crude oil due to falling prices, according to advisor Tarun Kapoor. The...

HAL Achieves Status as 14th Maharatna CPSE in India

In Short:Hindustan Aeronautics Limited (HAL) has been upgraded to the 14th 'Maharatna' company, allowing it greater autonomy in financial and strategic decisions. With a...

Export Duty on Parboiled Rice Reduced to 10% by Centre

In Short:The Indian government has cut the export duty on parboiled rice from 20% to 10% to manage overflowing granary stocks as new crop...

Finance Ministry urges private banks to increase involvement in financial inclusion programs

In Short:The finance ministry wants private banks to help marginalized communities with their banking needs. In a meeting chaired by DFS secretary Vivek Joshi,...

Heightened concern over the surge in gold loans

In Short:Regulators and policymakers are concerned about the gold loan market, with the RBI imposing restrictions on IIFL Finance. The rise in gold loans...

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