finance ministry

50 Lakh Govt Employees Will Get Pending DA From July 1st; But 4% DA Hike Not Applicable As Of Now The Finance ministry has finally commented and acknowledged the three pending installments of Dearness Allowances of central govt…

Banks association and payments forums urge the Centre to restore the Merchant Discount Rates. Starting January 1, 2020, Finance Minister Nirmala Sitharaman announced for all businesses with an annual turnover of Rs 50 crore or more to…

FM Nirmala Sitharaman Is India's Most Powerful Woman; HCL CEO, Biocon founder In Top 100 List Continuing the last year's trend, India's Finance Minister Nirmala Sitharaman, HCL Corporation CEO and Executive Director Roshni Nadar…

The Government will infuse a sum of Rs 20,000 crore in public sector banks, to help them recover from the financial standstill that has affected banks amidst the coronavirus pandemic. The government finally seeked the Parliamentary nod…

These 26 PSUs Will Be Completely Sold Off To Private Firms Or Fully Disinvested This article is a follow up of all our articles which speak about privatisation of Public Sector Undertakings (PSUs). The information we will be…

Govt Banks Start Home Delivery Of Banking Services; Get Cash At Your Home! Amidst the COVID-19 pandemic in order to facilitate convenient banking, the Union Finance Minister Nirmala Sitharaman has rolled out a doorstep banking…

The Ministry of Finance responds on the circular issued by Department of Expenditure, on Congress backlash. Some days back, the Department of Expenditure, a body under the Ministry of Finance released a circular, which spoke about a…

The current conditions of public sector banks are shaky and must be immediately attended to. 3 advantages of privatizing public sector banks. With news gushing in from every direction and with perspective about the privatization of…

Govt Determined To Sell 23 Big PSUs To Private Firms & Earn Rs 2 Lakh Crore This Year Last week, we covered a very detailed story on privatisation of many PSUs to be timed soon, with private players tapping in every sector. As…

India Will Have Only 5 PSU Banks As 50% Of All Govt Banks Will Be Privatized: The Big Plan The Finance Minister Nirmala Sitharaman had last year decided to merge 10 public sector banks into four banks, thereby strengthening the…