finance

Finance minister Nirmala Sitharaman on Monday informed the Lok Sabha that a few states including Telangana have sought a five-year extension for the compensation paid to them for revenue shortfall due to GST implementation. As per…

Consumers may have to shell out more as several goods and services will cost higher from July 18 onwards with the Goods and Services Tax (GST) Council approving rate hike to address inverted duty structures and withdrawing some…

Finance minister Nirmala Sitharaman on Friday asked World Trade Organisation (WTO) to allow India to export foodgrains from its public stockholding to nations which are facing food crisis. She was speaking at a seminar on 'Strengthening…

Finance minister Nirmala Sitharaman on Thursday called on G20 countries to ensure that the developing nations are guarded against any "unintended consequences" of the proposed global minimum tax deal at the G20. She said that to ensure a…

Financial Services Institutions Bureau (FSIB) has recommended former managing director Rajkiran Rai G as the head of the newly set-up Rs 20,000-crore NaBFID. The headhunter for state-owned banks and financial institutions selected the…

SynopsisMoney is on the threshold of momentous change. Digital currencies may replace the very nature and capabilities of money. But rather than leading to a proliferation of private and official currencies that compete on a level…

Industry body FICCI has sought zero-rating GST on healthcare services to enable the service providers to claim input tax credit. In a letter to the Finance Minister Nirmala Sitharaman, the chamber's President Sanjiv Mehta said "enabling…

Lawmakers in the US and Europe are considering ways to regulate crypto and crack down on money-laundering and other illicit activities. Source link

Payments fintech firm slice has brought on board Sudeep Behari as its business head, said a statement issued today. Behari has an extensive and diverse experience spanning over 16 years in the credit finance industry and his…

The World Bank has approved loans totaling USD 1.75 billion (about Rs 13,834.54 crore) to fund India's PM Ayushman Bharat scheme and private investment in order to boost the economic growth. Out of the total loan, USD 1 billion will go…