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FinMin, RBI to finalise market borrowing programme on March 27

The Finance Ministry and the Reserve Bank of India are likely to finalise the market borrowing programme for the first half of the next financial year on March 27.

"The meeting for deciding the borr

Oil Ministry wants tax exemption on rupee payments to Iran

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The Oil Ministry wants Finance Ministry to waive withholding tax on rupee payments Indian oil refiners plan to make for crude oil they buy from Iran, as the high tax rate makes the newly agreed paymen

SBI gets approval for Rs 60-80 billion infusion: TV

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State Bank of India, India's largest lender, has received Finance Ministry approval for a capital infusion of Rs 60-80 billion, CNBC-TV18 reported on Monday, citing the bank's chairman.

The capital i

Budget likely on February 29, says Finance Ministry official

The government on Thursday indicated it will present the budget for 2012-13 on February 29, the assembly elections in five states notwithstanding.

"Legally there is no impediment in presenting the b

CIL board meet this week may discuss overseas buyout plans

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The board of Coal India may fast-track decision on overseas acquisitions in its meeting this week, in the wake of the Finance Ministry giving approval to go ahead with buyout of unlisted firms.

"Coal

Raja had promised transparency: PM

New Delhi, Feb. 16: The Prime Minister, Dr Manmohan Singh, on Wednesday said he did not insist on an auction of 2G spectrum as the telecom ministry, the finance ministry then headed by Mr P. Chidambar

Banks scandal: Finmin looking into possibility of dept inquiry

New Delhi: Finance Ministry today said it would explore the possibility of instituting a departmental inquiry into the housing finance racket that led to arrest of senior officials of the LIC Housing

Bill to settle disputes between regulators introduced

New Delhi, July 27: Finance Minister Pranab Mukherjee Tuesday introduced a bill in the Lok Sabha to replace an ordinance issued last month to resolve all disputes between regulators over hybrid financ

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