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Curbs on gold imports likely to continue for some more time

Curbs on gold imports likely to continue for some more time

Last Updated: Thursday, August 21, 2014, 19:11

The Finance Ministry on Thursday indicated that restrictions on gold import scheme are likely to continue till situation becomes "more comfortable".

FinMin says decision on FDI limit in HDFC Bank soon

FinMin says decision on FDI limit in HDFC Bank soon

Last Updated: Thursday, August 21, 2014, 18:09

The Finance Ministry on Thursday said it is looking at issues connected with HDFC Bank's proposal to raise FDI limit in it and will take a decision shortly.

India to grow at 5.8% in 2014-15: Mayaram

India to grow at 5.8% in 2014-15: Mayaram

Last Updated: Thursday, August 21, 2014, 15:34

The Finance Ministry on Thursday said the growth rate in the current financial year will accelerate to 5.8 percent, better than previous estimates, saying the green shoots of economic recovery are now visible.

FinMin yet to get a proposal from RBI on COO appointment: Sandhu

FinMin yet to get a proposal from RBI on COO appointment: Sandhu

Last Updated: Wednesday, August 20, 2014, 18:47

Financial Services Secretary G S Sandhu on Wednesday said the Finance Ministry has not received any proposal from the Reserve Bank for appointing a Chief Operating Officer on the rank of a Deputy Governor and that the RBI Act has to be amended to facilitate any such opening.

Modified draft Indian Financial Code likely by mid-2015

Last Updated: Wednesday, August 20, 2014, 16:37

Taking forward financial sector reforms agenda, Finance Ministry expects to be ready with the modified draft law for implementation of FSLRC recommendations by mid-2015 after extensive stakeholder consultations.

State Finance Ministers' panel on GST to meet today

State Finance Ministers' panel on GST to meet today

Last Updated: Wednesday, August 20, 2014, 12:39

State Finance Ministers will meet on Wednesday to iron out differences for early roll-out of the ambitious Goods and Services Tax (GST) regime.

State Finance Ministers' panel on GST to meet tomorrow

Last Updated: Tuesday, August 19, 2014, 18:58

State Finance Ministers will meet tomorrow to iron out differences for early roll-out of the ambitious Goods and Services Tax (GST) regime.

CBI Director seeks details of corporates routing money abroad

Last Updated: Tuesday, August 19, 2014, 13:21

Sinha said many corporate are indulging in third party transfers in which their front companies are located in tax haven countries in violation of the RBI guidelines.

FinMin to give in-principle approval for UTI MF IPO soon

Last Updated: Monday, August 18, 2014, 16:13

Country oldest fund house UTI Mutual Fund may revive its initial public offer (IPO) plan after Finance Ministry's nod which is expected soon.

Government likely to split PSU bank CMD's post

Last Updated: Monday, August 18, 2014, 11:02

The government might also rejig the hierarchy in PSU banks in order to cut down political interference in its working.

Aircel-Maxis case: CBI planning to question FinMin officials

Last Updated: Sunday, August 17, 2014, 21:59

CBI is mulling questioning some officials of the Finance Ministry who were part of Foreign Investment Promotion Board (FIPB) clearance process given to Aircel-Maxis deal even as it plans to file the first charge sheet in the matter this week.

Finmin to finalise capital raising plan for PSU banks next month

Last Updated: Thursday, August 14, 2014, 18:25

The ministry has received the report from SBI Cap on the requirement of various public sector banks.