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News Reports

Finance Minister Nirmala Sitharaman hospitalised, undergoing treatment at AIIMS in Delhi

OpIndia Staff - 26 December, 2022

Finance Minister of India, Nirmala Sitharaman has been admitted to a private ward in the All India Institute of Medical Sciences (AIIMS) in Delhi.

News Reports

‘No consideration to levy charges on UPI services’: Clarifies Finance Ministry, says cost of service providers will be recovered through other means

OpIndia Staff - 21 August, 2022

Responding the media reports claiming that RBI is proposing to impose service charge on UPI, finance ministry said there is no such consideration

News Reports

Digital Rupee will be backed by RBI, other cryptocurrencies will never be legal tenders: Finance Secretary

OpIndia Staff - 2 February, 2022

The Finance Secretary has confirmed that the Digital Rupee backed by RBI will be only legal digital tender in country

News Reports

Budget 2022: Govt plans to reimagine our cities as ‘centres of sustainable living’, pushes for urban planning

OpIndia Staff - 1 February, 2022

Earlier during Modi Government 1.0, the government had announced the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) to facilitate Urban Transformation along with the Smart Cities Programme in 2015.

Economy and Finance

Union Budget 2022-23: MSME sector gets a boost, more focus on skilling and entrepreneurship, credit line extended

OpIndia Staff - 1 February, 2022

In her speech, the Finance Minister said that the government has decided to roll out RAMP, an initiative to revitalise the MSME sector

News Reports

Deposits in Jan Dhan Yojana bank accounts surpass the Rs 1.5 trillion mark, was at Rs 1 trillion in August 2019

OpIndia Staff - 10 January, 2022

Deposits in Jan Dhan accounts, which was introduced roughly seven and a half years ago, have surpassed Rs 1.5 lakh crore

News Reports

Finance ministry approves capital expenditure projects worth Rs 2,903.80 crore in eight states

OpIndia Staff - 26 September, 2021

Ministry of Finance approved capital projects worth Rs. 2,903.80 crores in 8 states under the "Special Assistance to States" scheme

News Reports

Banks suffer due to bad loans, then economy suffers as banks lend less – Read how ‘Bad Bank’ will break this vicious cycle

OpIndia Staff - 17 September, 2021

NARCL is intended to resolve stressed loan assets above ₹500 crore each amounting to about ₹2 lakh crore in total

News Reports

Finance Ministry summons Infosys CEO over persistent glitches in the Income Tax portal even after 2.5 months

OpIndia Staff - 22 August, 2021

Salil Parekh has been called to appear before the Ministry of Finance on August 23, Monday, to explain to Finance Minister Nirmala Sitharaman over the technical glitches on Income Tax website

Entertainment

Indirect Tax Dept deletes tweet about hosting actress Taapsee Pannu, an accused in tax evasion case, to talk about ‘drug abuse’ in webinar

OpIndia Staff - 9 August, 2021

In March this year, the Income Tax Department had carried out raids at premises of Taapsee Pannu and her colleague filmmaker Anurag Kashyap over unaccounted cash.

finance ministry

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