Documents leak case: Judicial custody of six accused extended

A Delhi court on Wednesday extended till April 28 the judicial custody of six accused arrested in the case in which classified government documents were allegedly procured and passed on to others.

Finance Ministry wants PSBs to promote lower grade staff on merit

 Keeping in mind likely mass retirement of GMs and DGMs in state-owned banks, the Finance Ministry has asked public sector lenders to consider promoting lower rung employees on merit to fill manpower shortage.

Service tax impact: Pay more for air travel, MFs, eating out

Government has hiked service tax from 12.36% to 14% making number of services costlier.

FinMin restricts Internet access for director-level officers

 Amid a CBI probe into leakage of secret documents, Finance Ministry has clamped down on the use of Internet and private emails by those up to the director level in the Department of Economic Affairs (DEA), restricting the access only to official mails and government websites.

Ten new additional secretaries appointed; Rajiv Kumar new Establishment Officer

Senior IAS officer Rajiv Kumar has been appointed as the Establishment Officer and Additional Secretary in the Ministry of Personnel as part of a senior level bureaucratic reshuffle effected by the government on Monday.

Govt calls high-level meet on FEMA notice to Pak airline

The government has convened a high -level meeting of finance and security officials in order to chart the next course of action in the case of alleged foreign exchange violations in purchase of properties here by Pakistan's national airliner PIA.

Budgetary allocation for MGNREGA inadequate: Parl panel to govt

 Budgetary allocation for MGNREGA is not sufficient for effective implementation of the rural job scheme this year, a Parliamentary Panel has viewed and asked the Rural Development Ministry to seek higher allocation from Finance Ministry.

Russia's Finance Ministry selling reserves to support ruble

Russia`s Finance Ministry is selling its foreign currency to support the ruble, a spokeswoman told AFP on Wednesday.

Bill in Parliament likely this week to repeal obsolete laws

Government is set to bring a new bill in Parliament this week to repeal another set of obsolete laws, including Railways Appropriation Acts, which have outlived their utility.

Pakistan hopes to get $1.1 bn from International Monetary Fund

Pakistan will more likely receive a loan instalment 1.1 billion dollars from the International Monetary Fund (IMF) next month as the latter is satisfied with its economic performance, government officials said here Saturday.

J&K floods: Finmin releases advance installment of Rs 856.29 crore

The Finance Ministry on Friday said it has released in advance the installment worth Rs 856.29 crore in October to Jammu and Kashmir to help the state government deal with the unprecedented situation of flood and natural calamity.

After Finance Ministry objection, Railways stops officers` promotion

The Railway Ministry has stopped promotion of officers in two of its secretarial services after alleged irregularities were pointed out by the Finance Ministry.