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Sunday, August 17, 2025
TopicFinance ministry

Topic: finance ministry

India’s non-bank lenders could default within the next six weeks

Non-bank financiers and mortgage lenders have 2.7 trillion rupees of debt maturing in the next five months

Former RBI chief on why governments and central banks differ so much

There is a price to pay, of course, for not falling in line with the government, writes D Subbarao.

Modi govt underplays rift with RBI after Viral Acharya’s fiery speech

Finance ministry officials say it's a healthy sign that the government and RBI are not on the same page. 

Indian Overseas Bank & Andhra Bank among 8 identified for merger by Modi govt

Finance Ministry sources say background work for the mergers — which includes finding the right match for these banks — has already started.

Politics is back to trump economics under Modi govt

RBI holding rates & govt cutting fuel prices show India is simply being buffeted by politics.

Tribunal members’ fight over pay-scale reaches Delhi high court

Delhi High Court issues notice to Centre after NCLT member Vijai Pratap Singh seeks pay parity with juniors.

India’s new solar safeguard duty may threaten PM Modi’s ambitious renewable energy plans

The development follows a decision earlier this week by India’s Supreme Court that overturned a lower court stay on the tariff.

To address bad loans, govt asks RBI to identify public sector banks that can be merged

Govt has also asked RBI to suggest a time frame for the consolidation to create better-capitalised lenders and improve regulatory oversight.

RBI has been on the sidelines after the rupee hit 70

A finance ministry official indicated last week that it would not be a concern even if the rupee fell to 80 given the decline in peers.

Jaitley is in good health and will soon resume duties: Piyush Goyal

Goyal was allotted finance ministry after Jaitley had to suspend duties because of health reasons.

On Camera

Postcards from Hyderabad—stories Europeans told about the city

For all their colonial underpinnings, postcards from Hyderabad also inadvertently preserve a trace of local memory: a glimpse of a street, a face, a forgotten name.

Navigating Trump’s tariffs is no child’s play. Indian toymakers are losing out on orders, enquiries

Indian toymakers are now exploring new markets, but they want govt to negotiate a trade deal with US soon, introduce incentives and subsidies to make the industry more competitive.

What is Project Sudarshan Chakra, announced by Modi from ramparts of Red Fort

The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.

War of IAF, PAF doctrines: As Pakistan obsesses over numbers, India embraces risk, wins

Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?