scorecardresearch
Wednesday, August 13, 2025
TopicFinance ministry

Topic: finance ministry

Amid GDP row, govt hits out at critics but concedes its data insufficient to gauge economic activity

Two articles, one by visiting Princeton prof & another by ex-CEA, question India’s GDP calculation. 'Critics latch on to anything that doesn't paint economy in good light,' says govt.

Platforms like India’s UPI, Aadhaar can enhance financial inclusion, says World Bank in G20 report

In G20 policy recommendations, World Bank says Digital Public Infrastructure can accelerate countries' digital transformation, but they must be designed according to global standards.

Finance Ministry says inflationary pressures need greater vigilance by govt and RBI

The ministry's comments come weeks after data showed retail inflation in July rose to its highest in 15 months, as vegetable and cereals prices skyrocketed.

PM hails ‘nari shakti’ as finance ministry says ‘over half of 50 cr Jan Dhan accounts’ belong to women

Finance ministry has announced that number of Jan Dhan accounts in the country has crossed the 50-crore mark, as on 9 August, since scheme was launched nine years back, in 2014. 

Private investment in India rose in Q1 of FY24, but its benefits went mostly to firms abroad

New Delhi: While private sector investment picked up in the April-June quarter of this financial year, this was concentrated in the transport sector, especially aviation,...

Govt removes TCS on credit card payments abroad, 20% tax on other foreign transactions effective 1 Oct

According to May notification, credit card payments abroad would've attracted 20% tax collected at source. New rate on other foreign transactions to apply only if it exceeds Rs 7 lakh, says govt.

Centre approves states’ investment proposal worth $6.9 bn under infrastructure scheme

Finance Ministry said the capital investment projects will be implemented in sectors like health, education, irrigation, water supply, power and roads among others.

SpiceJet to use emergency credit from govt for reviving 25 grounded planes

Budget carrier to draw funds from Emergency Credit Line Guarantee Scheme (ECLGS) scheme. It has already mobilised around Rs 400 crore for the purpose.

Centre raises interest rates by 0.7% on small saving schemes for April-June quarter

While interest rates for PPF & savings deposits have been retained at 7.1% & 4%, respectively, there has been an increase of 0.1% to 0.7% in other saving schemes, the finance ministry said.

Exports may see tepid growth in 2023, says Finance Ministry

Global trade growth fell in 2022, 'and is expected to be still lower in 2023 with a further decline in volume & value of trade on the back of slowing global output,' the ministry said.

On Camera

Hrithik Roshan & Jr NTR in Janaab-e-Aali is exactly what a dance-off should not be

Forget comparing it with classics like Hrithik’s Ek Pal Ka Jeena or the slick title track of Dhoom 2, Janaab-e-Aali does not even come close to Ghungroo.

How mining, manufacturing & power sectors weighed on India’s industrial output since January 2024

India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.

India expands Southeast Asia defence footprint with new joint venture in Philippines

Memorandum of understanding between SMPP and ADFC was signed during state visit of Philippines’ President to India earlier this month.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.