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Finance

Indian Financial System Shows Resilience and Improvement: Report

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In a report released by the Reserve Bank of India on Thursday, the Indian financial system is revealed to be steadily improving, with banks'...
Finance

Significant Growth Noted in Direct Tax Collections for FY 2023-24

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The Central Board of Direct Taxes (CBDT) has revealed the provisional figures of Direct Tax collections for the Financial Year 2023-24, as of December...
Finance

Union Finance Ministry Clarifies Parliamentary Committee Agenda, Dispels Merger Speculations

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The Union Finance Ministry has issued a clarification on the agenda of a parliamentary committee meeting scheduled for early next year, putting an end...
Finance

Record-Breaking 7.85 Crore ITRs Filed Till October 31, Reflecting an Impressive 11.7% Year-on-Year Increase

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Until October 31, 2023, the Income Tax Department achieved a record-breaking number of Income Tax Returns (ITRs) filings, which marked the deadline for filing...
Finance

REC and PNB Collaborate to Co-finance Infrastructure Project Debts

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New Delhi: REC Limited and Punjab National Bank (PNB) have entered into a Memorandum of Understanding (MoU) to jointly explore opportunities for funding projects...
Finance

Ministry of Finance Approves Welfare Measures for LIC Agents and Employees

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New Delhi: The Ministry of Finance approved a series of welfare measures for the benefit of Life Insurance Corporation of India (LIC) agents and...
Finance

REC Signs USD 100 Million Loan Agreement With EXIM Bank

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New Delhi: REC Limited, a Maharatna Central Public Sector Enterprise operating under the Ministry of Power, has recently entered into a Foreign Currency Term...
Finance

ADB, GoI Sign $295 Million Loan to Upgrade State Highways in Bihar

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New Delhi: The Asian Development Bank (ADB) and the Government of India have signed an agreement, securing a $295 million loan. The funds will...
Finance

PM SVANidhi’s App Launched for Street Vendors to Avail Micro-Credit Facility

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New Delhi: The Ministry of Housing & Urban Affairs (MoHUA) launched the mobile application of PM SVANidhi on 1st June, 2023, specifically designed for...
Finance

‘India-Indonesia Economic and Financial Dialogue’ Platform Launched

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The platform seeks to strengthen cooperation between the two nations. New Delhi: Ms. Sri Mulyani Indrawati, the Minister of Finance of Indonesia, and Smt. Nirmala...
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