FInance Ministry Archives

Business

PSBs Surge: Record Profits Despite PNB’s Dip; Finance Ministry Urges More Lending

adminAugust 21, 2025

by adminAugust 21, 202503

The finance ministry on Wednesday held a meeting of heads of public sector banks (PSBs) to review their first-quarter financial performance. The three-hour-long meeting was...

Business

GST Reforms: Nirmala Sitharaman Set To Outline Two-Tier Structure To GoM

adminAugust 20, 2025

by adminAugust 20, 202505

Finance Minister Nirmala Sitharaman was set to address group of ministers (GoM) in a key meeting here on Wednesday, where upcoming reforms to the Goods...

Business

Centre Approves Tax Exemption For IREDA Bonds To Boost Renewable Investment

adminJuly 10, 2025

by adminJuly 10, 202508

The central government has granted tax-saving status to PSU renewable projects financing company IREDA Ltd’s bonds under Section 54EC of the Income Tax Act. This...

Business

No Directive Issued To Close Inactive Jan Dhan Accounts: Finance Ministry

adminJuly 8, 2025

by adminJuly 8, 202509

The Finance Ministry on Tuesday clarified that the government has not issued any order to banks to close inactive PM Jan Dhan Yojana accounts. “In...

Business

Agricultural Credit Soars Nearly 4 Times To Rs 27.5 Lakh Crore During FY14 To FY25

adminJune 7, 2025

by adminJune 7, 202507

In the last 11 years under the Prime Minister Narendra Modi’s government, institutional credit to agriculture has surged from Rs 7.3 lakh crore to Rs...

Business

Indian Economy Poised For Growth Despite Global Uncertainties: Finance Ministry

adminApril 29, 2025

by adminApril 29, 2025038

With the right strategies in place, continued domestic reforms, and a strong focus on infrastructure development and job creation, the economy can demonstrate resilient growth...

Business

Finance Ministry Reschedules PSU Bank Review Meeting To May 6

adminApril 16, 2025

by adminApril 16, 2025025

The finance ministry has postponed a meeting with heads of public sector banks (PSBs) to May 6 for review of financial performance and other issues....

Business

India’s Growing Domestic Market Shines Amid US Trade Tariff Challenges: FinMin

adminApril 8, 2025

by adminApril 8, 2025021

The resilience of the economy and strength of domestic demand will continue to make India an engine of growth amid the rapidly evolving global trade...

Business

FinMin To Roll Out ‘One State-One RRB’ Plan, Set To Trim Rural Banks To 28

adminApril 6, 2025

by adminApril 6, 2025023

The finance ministry will soon implement the ‘One State-One RRB’ plan to achieve operational efficiency and cost rationalisation and consolidation of 43 regional rural banks...

Business

India’s External Debt Climbs 10.7 Per Cent To $717.9 Billion By December, FinMin Reveals

adminMarch 31, 2025

by adminMarch 31, 2025024

India’s external debt increased by 10.7 per cent to $717.9 billion at the end of December 2024 from $648.7 billion in December 2023, as per...

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