Others News

Finance Ministry Issues 'No-Festive-Gifts' Directive for Ministries, PSUs

24 September 2025 at 08:48

The Finance Ministry has barred Union ministries, PSUs, and public sector banks from spending on Diwali or festival gifts, citing fiscal discipline and prudent use of public resources.

Posted in Others | 1614 Views

Insurance Amendment Bill 2025: 100% FDI and LIC Reforms Likely This Winter in Parliament

16 September 2025 at 08:55

The Insurance Amendment Bill 2025 may be introduced in the Winter Parliament session, allowing 100% FDI in India’s insurance sector and boosting policyholder protection, LIC reforms, and industry growth.

Posted in Others | 171 Views

India's GDP Grows 7.8% in Q1 FY26, Fastest Pace Since Q4 FY24

01 September 2025 at 09:15

India’s GDP grew 7.8% in Q1 FY26, the fastest in five quarters, led by manufacturing and services. Fiscal deficit, tariffs pose future challenges.

Posted in Others | 1173 Views

Centre Collects Rs 10.95 Lakh Crore in April-July FY26, Fiscal Deficit at 29.9%

01 September 2025 at 09:07

Centre collects Rs 10.95 lakh crore in April-July FY26, 31.3% of BE; infra push lifts capital spend to Rs 3.5 lakh crore, fiscal deficit at 29.9%.

Posted in Others | 60 Views

Finance Ministry Proposes Amendments to Indian Insurance Companies (Foreign Investment) Rules, 2015

30 August 2025 at 08:56

The Finance Ministry has issued draft rules amending Indian Insurance Companies (Foreign Investment) Rules, 2015, aligning with FEMA (NDI) Rules, 2019.

Posted in Others | 291 Views

Finance Ministry to Hold Regular Talks with MSMEs to Address Slowing Wage Growth

27 August 2025 at 09:00

Amid concerns over slowing wage growth, the Finance Ministry plans regular meetings with MSMEs and industry leaders to help firms scale, boost hiring and support consumption.

Posted in Others | 96 Views

Finance Ministry Sets Up Forum for Pension Regulatory Coordination and Development

27 August 2025 at 08:51

The Finance Ministry has set up a Forum for Regulatory Coordination and Development of Pension Products to harmonize regulations, strengthen consumer protection and boost India’s pension market.

Posted in Others | 1395 Views

Chartered Accountant arrested by ED in Rs 792 Crore Falcon Invoice Discounting Scam

25 August 2025 at 08:36

ED Hyderabad arrests CA Sharad Chandra Toshniwal in the Rs 792 crore Falcon invoice discounting scam for allegedly laundering funds. Probe reveals fake investment scheme, diversion of money and concealment of illicit assets

Posted in Others | 2439 Views

Online Gaming Bill 2025 Tabled in Lok Sabha: Ban on Money Games, Push for E-Sports & Social Gaming

21 August 2025 at 09:02

The Online Gaming Bill 2025, tabled in Lok Sabha, proposes a ban on online money games while promoting e-sports, social and educational gaming. It also seeks to set up a national authority for regulation, innovation and player safety.

Posted in Others | 1314 Views

No Proposal to Impose Fees on UPI: Finance Ministry Reaffirms in Lok Sabha

20 August 2025 at 09:10

The Finance Ministry told Parliament there is no proposal to impose fees on UPI transactions, easing concerns after RBI Governor Sanjay Malhotra's comments sparked speculation about charges on UPI transactions.

Posted in Others | 1179 Views