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.
Some Defence Ministry projects are likely to be affected as government rejected its demand for an extra allocation of Rs 7,870 crore to pay for fuel that has gone up since the last budget, as also increased salaries.
Investigating agencies will soon finalise cases of alleged financial irregularities against former IPL Chairman Lalit Modi in various editions of T20 cricket tournament, notwithstanding their failure to get him back to India.
Anti-government demonstrators in Thailand on Monday stormed the finance ministry compound and warned of seizing other government buildings, dramatically escalating their protests aimed at toppling beleaguered Prime Minister Yingluck Shinawatra.
A nodal agency for economic intelligence in the country has flagged the issue of current provisions of the Evidence Act being a big hurdle during prosecution, especially when a case is being investigated by several agencies.
The elite criminal investigation wing of the IT Dept, which conducted a number of high-profile actions including raids on Ponty Chadha, has been disallowed to carry out any search operations by the Finance Ministry henceforth.