Monday, 23 May, 2022
TopicFinance ministry

Topic: finance ministry

Irani removal, Goyal, Rathore elevation as much a political move as administrative

Irani, known for her high handedness, frequent run-ins with bureaucrats & the media had become a 'political liability' for the party, especially with Lok Sabha elections due in 2019

India Sees Greater Risk of Crude Prices Staying High for Longer

Oil is India’s biggest import and elevated prices along with a weaker rupee will widen the trade deficit, fuel imported inflation and squeeze government finances.

‘Risky’ cash crunch pushes the government to defend scam-hit banks

Reasons for the squeeze range from farm spending to looming elections, but its roots lie in Modi’s 2016 decision to overnight void 86 percent of currency in circulation?

Body headed by Vinod Rai says govt rejected suggestions for reforms in public sector banks

Calling for greater dialogue with the finance ministry, Bank Boards Bureau says it is merely functioning as an appointment board.

To settle turf war over green funds, environment ministry to seek CAG opinion

Environment and finance ministries are locked in a tussle over financial procedure, and the rules notified by the former are silent on the issue.

On Camera

YourTurn

Golden Temple

What Akal Takht must know about harmonium and music before banishing it from Golden Temple

In an era where India’s past and ‘purity’ are constantly being dug up and debated, the humble harmonium has become the latest victim.

World’s $300 trillion in debt. Here’s what it means for services like health, education

To meet debt payments, at least 100 countries will have to reduce spending on essential services, the IMF estimates.

Defence

Boeing's F/A-18 Super Hornet pulls off its first successful launch from a ski-jump at Naval Air Station Patuxent River, US | Photo credit: Boeing

2 American Super Hornets in India as Boeing looks to showcase fighters for Navy deal

Navy looking at about 26 multi-role deck-based fighters for its aircraft carrier. Visit by Super Hornets comes close on heels of similar trip by competitor Rafale M of Dassault Aviation.

Mandir or Masjid? New surveys not needed, just acceptance of truth & move towards reconciliation

That temples were destroyed and mosques built is undisputed history. The past can’t be changed, but we can’t deny the wrongs of the past either before we consider reconciliation.
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