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Monday, November 3, 2025
TopicFinance ministry

Topic: finance ministry

‘Flight of capital’ from India & how to curb it — finance ministry’s high-level discussion

Minutes of Chintan Shivir held in August reveal concerns over high net-worth individuals taking wealth out of India, need to reform tax system and avoid ‘knee-jerk’ policy formulation.

Finance Ministry says India will remain ‘fastest-growing major economy’ in FY24

The report flagged that global uncertainties have been compounded by recent developments in the Persian Gulf and depending on how the situation develops, crude oil prices may push higher.

Finance Ministry says rising oil prices a concern, but economic outlook ‘bright’ in monthly report

The comment comes as oil prices rose to 10-month highs earlier this week before easing, on extended production cuts from key suppliers Saudi Arabia and Russia.

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.

On Camera

The Kapoors’ love for food is stuff of legends. Netflix gets us a seat at a table

If there is one celebrity who has made talking about food both relatable and entertaining, it is Kareena Kapoor Khan.

Nvidia worth $5 trillion: What does it mean for the market?

The chipmaker at the heart of the AI revolution may be the most influential stock in Wall Street history. Nvidia has been the primary driver of the market’s gains since the start of 2023.

Launch of India’s heaviest comms satellite is a level up for its soaring military ambitions. Here’s how

ISRO’s LMV3 rocket set off the CMS-03 satellite from Sriharikota Sunday. It weighs 4,410 kg, will primarily serve Indian Navy and has a life of at least 15 years.

Trump’s trade wars have rewritten powerplay, but India didn’t get the memo

This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.