Follow Us on Google News New Delhi, July 29 (IANS) The gross NPAs for gold loans extended by NBFCs in India have risen to Rs 4,470 crore as on March 31, 2025 — from Rs 3,634 crore in the year-ago period — while in the case of commercial banks, the corresponding figure is Rs 2,162 … Read more
Follow Us on Google News Chennai, July 26 (IANS) Tamil Nadu Chief Minister M.K. Stalin, currently recovering in a Chennai hospital, has deputed Finance Minister Thangam Thennarasu to submit a memorandum to Prime Minister Narendra Modi during the latter’s two-day visit to the state. The memorandum contains key demands concerning the state’s financial and developmental … Read more
Follow Us on Google News Kolkata, July 15 (IANS) A war of words has erupted between West Bengal Chief Minister Mamata Banerjee and the BJP’s Information Technology Cell Chief and the party’s central observer for West Bengal, Amit Malviya, over the latest findings and observations of NITI Aayog on the state’s financial condition. Malviya on … Read more
Follow Us on Google News Mumbai, July 11 (IANS) The Reserve Bank of India (RBI) said on Friday that it has imposed a monetary penalty of Rs 4.88 lakh on HDFC Bank and Rs 2.70 lakh on Shriram Finance after finding non-compliance with certain directions of the Central Bank. The penalty on HDFC Bank was … Read more
Follow Us on Google News New Delhi, July 4 (IANS) Presenting an overview of the state’s revenue, Punjab Finance Minister Harpal Singh Cheema on Friday emphasised on bringing structural changes in the Goods and Services Tax (GST) regime and proposed policy recommendations for revenue augmentation, including foodgrains under its framework. He suggested that a unified … Read more
Follow Us on Google News New Delhi, July 4 (IANS) The Finance Ministry announced on Friday that the tax benefits available under the National Pension Scheme (NPS) will apply mutatis mutandis to the Unified Pension Scheme (UPS), as it is an option under the former. The measure aims to provide further impetus to the UPS. … Read more
Follow Us on Google News New Delhi, June 30 (IANS) Union Finance Minister Nirmala Sitharaman began an official visit to Spain, Portugal and Brazil from Monday to July 5 (Saturday), the Ministry said on Monday. She is leading the Indian delegation from the Department of Economic Affairs under the Ministry of Finance. As part of … Read more
Follow Us on Google News Amaravati, June 26 (IANS) Andhra Pradesh Chief Minister N. Chandrababu Naidu on Thursday directed the Finance Department to give priority to capital expenditure. He emphasised that funds received from the Central Government under various schemes should be directed towards capital expenditure. Highlighting the importance of capital investment, the Chief Minister … Read more
Follow Us on Google News Mumbai, June 26 (IANS) Maharashtra Chief Minister Devendra Fadnavis said on Thursday that the state government will go ahead with the development of 802-km Shaktipeeth Mahamarg costing Rs 86,300 crore, saying that the state Finance department has not raised objection regarding the infrastructure project. The statement by CM Fadnavis comes … Read more