The pilots, along with engineers and other highly critical segments of employees, have not been paid salaries from January 1, and have received only 12.5 per cent of their December pay. read more

Ministry’s adviser and spokesperson Khaqan Najeeb Khan said that “all procedural formalities” for the transfer of the USD 2.1 billion (15 billion yuan) loan being provided by the Chinese government have been completed, and “the funds will be deposited... read more

India sought to put an end to a controversy about political influence on government data, with a top finance ministry official saying revisions to economic statistics are a fact and the revisions themselves are based on facts. read more

The government has also nudged its 49 percent-owned National Investment and Infrastructure Fund (NIIF)— created to invest in stalled and new infrastructure projects — to buy a stake in Jet, a separate government source said. read more

A joint statement issued by the French interior ministry, finance ministry and foreign ministry added that France would discuss putting Masood Azhar on a European Union list of people suspected of being involved in terrorism. read more

Retired IAS officer Net Ram, principal secretary to Mayawati during one of her stints as Uttar Pradesh chief minister, was in talks with her BSP to contest as a party candidate in the Lok Sabha elections, income tax officials who raided his premises... read more

In a proposal, Sebi has now proposed that the Companies Act should also clearly mention that a person should vacate the office of a director if it orders his or her disqualification. read more

The report of Niti Aayog will be taken up by the alternative mechanism on disinvestment, headed by Finance Minister Arun Jaitley, following which the CPSE and the respective administrative ministry will further proceed with the monetisation process,... read more

The government in December last year had infused Rs 28,615 crore into seven public sector banks (PSBs) through recapitalisation bonds. read more

The government needs cash after allocating 200 billion rupees toward the first installment of the $10.5 billion program by March 31. read more

The proposal is based on a report prepared by a high-level committee headed by NITI Aayog vice-chairman Rajiv Kumar. read more

Congress leader Kapil Sibal said Mehrishi should have recused himself from auditing the deal and if the CAG report on it is tabled in Parliament, it would amount to a scam. read more

Earlier this week, members of the standing committee on finance met representatives from credit rating agencies and ministry officials to discuss the functioning of the agencies. read more

Budget 2019 Reactions: Piyush Goyal, who was given the charge of the finance ministry after Arun Jaitley went to the US for medical treatment, presented the BJP-led government’s last budget before a general election due by May. read more

Budget 2019 highlights: Arun Jaitley also said that India will become a five billion dollar economy by the middle of the next decade and thereafter “target doubling that size of the economy.” read more