finance ministry


Russia to set up bank for defence financing after sanctions

Jan 19 2018

Russia will create a new bank to finance defence needs and major state contracts in the wake of Western sanctions, the Russian Finance Ministry has said.

FinMin to simplify GST profiteering complaint form

Jan 14 2018

FinMin is planning to simplify the form which consumers are required to fill to submit their complaints against businesses that are indulging in profiteering.

Hostel mess facility to attract 5 percent GST: FinMin

Jan 10 2018

Mess facility provided to students and staff will attract 5 percent GST irrespective of whether it is provided by educational institution or outside contractor.

Sensex marks first gain of 2018, rebounds 176 points

Jan 04 2018

Benchmark Sensex reversed a three- session slide to end at 33,970 today after the government moved forward on its bank recapitalisation programme.

Govt notifies 7.75 percent bond scheme for retail investors

Jan 04 2018

The govt has notified a new 7.75 percent taxable bond scheme to replace the earlier 8 percent scheme for retail investors.

Govt to infuse Rs 7,577 crore in six weak PSU banks

Jan 03 2018

The FinMin has approved proposal for infusion of Rs 7,577 cr in 6 weak PSBs as part of the recapitalisation plan to bolster capital adequacy ratio.

PSBs asked to provide customers clean toilets at branches

Jan 02 2018

The finance ministry directed all PSBs and insurance companies to provide their customers access to clean toilets at branches.

FRDI Bill to protect, enhance depositors rights: Government

Jan 02 2018

The govt said the bill seeks to protect and enhance depositors' "existing rights and bring in a comprehensive and efficient resolution regime for financial firms".

No charges on debit card transactions up to Rs 2,000: FinMin

Jan 01 2018

Customers will not have to pay any transaction charges for payments through debit card, BHIM app and other payment made for up to Rs 2,000.

FinMin asks PSBs to consider selling, swapping loan assets

Dec 31 2017

 The finance ministry has asked PSBs to explore options for selling and swapping of loan assets with other lenders with a view to strengthen their balance sheets.

Indian Markets


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Global Markets


Stocks In News



Board to consider bonus issue on Jan. 30.


HPCL may acquire MRPL in cash and share swap deal

HPCL may buyout ONGC shares which is worth roughly Rs 16,000 Cr

Financial Express Reports


Gets four orders worth Rs 871 Cr

Order Details

Gets Rs 282 Cr order from APTRANSCO to supply, construct substations

To also set up associated transmission line work for APTRANSCO

Gets Rs 100-cr order from Bangladesh power co, Nepal’s electricity body

Order includes 400 KV double circuit transmission line from Bangladesh

Nepal order includes setting up of 132 KV Transmission Line 

Gets Rs 123 Cr order from CORE to commission rail electrification work

Gets pipeline augmentation work in Rajasthan for Rs 366 Cr from a pvt client


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