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FINANCE MINISTRY
TV Somanathan new expenditure secretary in finance ministry
The government made over a dozen changes at the secretary and additional secretary levels, with the Union Budget two months away. This is the second major bureaucratic reshuffle since the BJP government came back to power in May. The secretaries of 12 departments were rejigged in July.
Finance ministry unveils detailed presentation on steps taken to boost economy
In a press briefing, the CEA gave a recap of the steps taken b...
MeitY urges Finmin to bring back 4% exports sops on smartphones
Meity has warned that unless govt restores sops for phone exports, the $3 bn ...
Corporate affairs ministry reviews IL&FS resolution progress
After the crisis at diversified IL&FS came to light last year, the ministry had superseded its board and since then various measures have been taken to address the issues as well as repay outstanding dues of the group.
Regulation for vintage vehicles soon; number plates to display 'VA'
In a respite for enthusiasts and collectors of vintage cars, classic vehicles of more than 50 years of age may flash special number plates and enjoy exemption from scrappage once the regulation for these vehicles are formalised.
Buy Manappuram Finance, price target Rs 182: Kunal Bothra
The analyst suggested a stoploss at Rs 167.
Transport Ministry has sought RBI nod for 30 year financing of infra projects: Nitin Gadkari
The Reserve Bank Governor gave a clear direction that we don't have any problem if banks are ready to finance for 30 years for infrastructure projects. Earlier, the banks used to finance only for 20 years," Gadkari said at the inaugural session of the 10th edition of Excon-2019, a five-day International Construction Equipment and Construction Technology Trade Fair here.
Budget-making team of Finance Ministry short of two key officials
The budget for 2020-21 to be presented on February 1 is keenly awaited for the expected second wave of structural reforms for pulling out the economy from its over six-year low growth. In addition to expenditure secretary, the position of joint secretary, one of the key officials in the entire Budget-making process, is also vacant for almost three months.
Maharashtra portfolios: Sena gets Home, NCP Finance, Congress Revenue
A statement from the CM's office said that Shiv Sena leader Eknath Shinde has been given the charge of Home, Urban Development, Forest, Environment, Water Supply, Water Conservation, Tourism, Public Undertakings, Parliamentary Affairs departments.
Vikas Swarup appointed Secretary (West) in foreign ministry
The Appointments Committee of the Cabinet (ACC) has approved the appointment of Swarup, a 1986 batch Indian Foreign Service (IFS) officer, to the post, it said.
Up to 25 per cent of FASTag lanes to be temporarily converted to hybrid lanes at NH toll plazas
The government earlier had announced rollout of mandatory FASTag under electronic toll collection from December 1, which was later extended to December 15, 2019.
Ujjivan Small Finance Bank cracks 8%, a day after stellar stock market debut
At 166 times, the IPO had recorded most subscription for a primary market offering of 2019.
Ujjivan Small Finance Bank spikes 51% on market debut
The issue witnessed the highest subscription among all IPOs since January 2018.
NCLT again seeks clarity on Jet slots from DGCA, ministry
After Jet Airways went bust in mid-April, government temporarily allotted the hundreds of slots owned by Jet to other carriers, with an apparent bid to contain soaring airfares in the peak holiday season. The slots were first allotted to other airlines for three months, which was extended to December-end. The lack of clarity on slots has created confusion.
Govt to reject JSPL’s winning bid for coal block in Chhattisgarh
All other blocks will be awarded to the successful bidders in the auctions.
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