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Wednesday, September 24, 2025
TopicFinance ministry

Topic: finance ministry

Modi govt wants to bring back ‘Raid Raj’, tells taxmen to ‘use whatsoever means required’

The PMO has ordered taxmen to fill the revenue shortfall, which could only mean one thing: More surveys and pressure to deposit more advance tax.

RBI chief Shaktikanta Das faces a long to-do list in new job

Das’s first test comes on Friday when the RBI board is due to meet.

Modi govt rejects demand for higher military service pay, more than 1 lakh personnel affected

Around 87,646 Junior Commissioned Officers, 25,434 personnel from the Navy and the Indian Air Force will be affected by the decision of the 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.

On Camera

Bads of Bollywood can’t get more brazenly nepo. The joke’s on us

After watching the most discussed series on Netflix, I was planning to write an asterisk-heavy column. As a tribute to the asterisks in its...

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.

China navy achieves breakthrough with new fighter jet launch system. What are electromagnetic catapults

China’s most advanced aircraft carrier—Fujian—uses electromagnetic catapults, a core component of future aircraft carriers.

India doesn’t give walkovers to Pakistan in war. Here’s why it shouldn’t do it in cricket either

Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.