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Smaller banks to be merged with PNB & Canara Bank in next round of consolidation

Finance ministry officials say mid-sized and small government lenders have been identified for separate merger processes with PNB and Canara Bank.
Prime Minister Narendra Modi along with Arun Jaitley and Ravi Shankar Prasad

Confident of return, Modi govt nudges finance ministry to work on budget & Economic Survey

Senior finance ministry officials have started discussions with ministries and departments to work on the budget & Economic Survey. Focus is on social and rural sectors.
Supreme Court of India

This is how political parties can dodge SC’s interim judgment on electoral bonds

Legally, only SBI, which sells electoral bonds, is expected to have details of donors. So, political parties could claim ignorance on who donated to them.

Revisions to economic data a fact & revisions themselves based on facts: Finance ministry

Economic affairs secretary Subhash Chandra Garg said that revisions to economic statistics for which Modi govt came under fire are based on facts.

Electoral bonds to be sold during Lok Sabha polls, says govt after press release muddle

Launched in March 2018, electoral bonds are meant to ensure transparency in political funding and offer an alternative to cash donations.
Finance minister Arun Jaitley | Jeremy Piper/Bloomberg

Arun Jaitley to resume charge of finance ministry today

Arun Jaitley, who returned from the US last week after undergoing medical treatment, is attending a meeting of the Cabinet Committee on Security to discuss the Pulwama attack.
A pedestrian walks past an IDBI Bank Ltd. automated teller machine (ATM) branch in Jaipur. Photograph: Sanjit Das/Bloomberg via Getty Images

Ailing IDBI Bank wants another Rs 10,000 crore from new owner LIC, weeks after new funding

IDBI Bank has routed the request through the Department of Financial Services in the finance ministry.
Arun Jaitley and Piyush Goyal

Will the real finance minister of India please raise his hand?

Pre-Truth — snappy, witty and significant snippets from the world of politics and government.
Piyush Goyal

Piyush Goyal asks tax officers to refrain from being overzealous

The cabinet minister asked taxmen to trust customers with a great degree of intelligence, while adopting a customer-friendly approach.
Arun Jaitley and Piyush Goyal

Piyush Goyal back in charge of finance ministry as Arun Jaitley takes ill again

Arun Jaitley will be designated 'minister without portfolio' while Piyush Goyal takes charge of his ministries for the second time in a year.

On Camera

Priyanka Vadra, Congress President Rahul Gandhi, UPA chairperson Sonia Gandhi and Robert Vadra

Not Gandhi dynasty, but a Narasimha Rao-like figure can save the Congress now

The Congress needs someone who can re-build its image and appeal as a credible opposition without totally sidelining the Gandhi family.
imran khan

With Lok Sabha elections over, how can India and Pakistan now repair fractured ties?

Pakistan Prime Minister Imran Khan is considering appointing a national security adviser to revive backchannel diplomatic talks with India.

Defence

RFID

RAW & IB chiefs, cabinet & defence secretaries — the key appointments awaiting new govt

The new govt will also appoint the IAF chief after incumbent Air Chief Marshal B.S. Dhanoa retires in September. 
Illustration: Soham Sen | ThePrint

If Pragya Thakur wins this Thursday, Modi is in for an embarrassing 5 years

Never has one constituency had such a bearing on Indian nationalism and the pretence of a Gandhian polity. So what if PM Modi doesn’t forgive her in his heart?