Tag: Ministry of Finance

India signs USD 98 mn loan agreement with Asian Development Bank to boost horticulture productivity

As per the ministry the project aims to establish clean plant centres equipped with state-of-the-art laboratories for disease diagnostics and staffed by trained experts.

November 30, 2024

Government amends SCRR to facilitate direct listing of Indian companies on international exchanges in GIFT IFSC

These changes are expected to provide Indian companies, particularly in the start-up, sunrise, and technology sectors, with easier access to global capital markets.

August 29, 2024

Andhra CM Chandrababu Naidu thanks FM for recognizing needs of state in Union Budget

Menawhile, Opposition leaders have claimed that the budget allocation for Bihar and Andhra Pradesh is a strategy by the BJP to "save its government."

July 23, 2024

FM Sitharaman to present historic seventh consecutive Union Budget in paperless format

As part of the budget preparation, the Finance Ministry has completed several rounds of deliberations with different stakeholders of the economy.

July 21, 2024

India inks USD 170 million policy-based loan with ADB to strengthen pandemic preparedness

According to the Ministry of Finance, the loan will help to consolidate and strengthen India's health system preparedness and response capacity to future pandemics.

July 3, 2024

Govt to launch advance online exchange rates of 22 currencies for ease of exporters and importers

The online Exchange Rate Automation Module (ERAM) system will replace the existing manual process of notifying exchange rates through a notification, as per the statement.

June 28, 2024

Nirmala Sitharaman formally takes charge of finance ministry

She will soon present the full Budget for 2024-25, but the dates are yet to be announced.

June 12, 2024

Indian economy remains in bright spot: Ministry of Finance

Many international organisations assert India's pivotal role in determining the growth path of Asia in the coming years, the review report said.

April 28, 2024

EPFO raises interest rate on PF deposits to 8.25% for 2023-24

“The move is a step towards fulfilling PM Modi’s guarantee of strengthening social security for India’s workforce,” Labour Minister Bhupendra Yadav said.

February 10, 2024