G20 eyes faster economic reforms as cheap credit not enough for growth

Last Updated: Sunday, September 6, 2015, 08:37

"We note that in line with the improving economic outlook, monetary policy tightening is more likely in some advanced economies."

G20 must step up growth efforts: IMF's Lagarde

Last Updated: Saturday, September 5, 2015, 20:44

The world`s biggest economies must step up reform efforts to boost growth in line with targets they set last year using a mix of accommodative monetary policy, fiscal policy and structural reforms, the head of the International Monetary Fund said.

G20 vows to boost fragile growth, nudges China on currency

Last Updated: Saturday, September 5, 2015, 20:32

G20 finance ministers and central bank chiefs on Saturday pledged to act decisively to shore up stuttering global growth and to refrain from unsettling currency moves after China`s controversial devaluation last month.

G20 says global growth 'short of expectations'

Last Updated: Saturday, September 5, 2015, 19:54

The G20 group of top world economies on Saturday said that global economic expansion was slower than had been expected but expressed confidence that a recovery would gain momentum.

Govt promises total confidentiality on black money declarations

Last Updated: Thursday, September 3, 2015, 20:04

The Finance Ministry issued 32 Frequently Asked Questions (FAQs) on the compliance window on July 6, and came out with the second set today.

India to take up currency devaluation issue at G20

Last Updated: Thursday, September 3, 2015, 18:41

Ahead of the meeting of G20 finance ministers and central bank governors in Turkey, India on Thursday said competitive devaluation of currency is a major threat to stability in the global economy.

Infosys launches solutions for small finance, payments banks

Last Updated: Wednesday, September 2, 2015, 16:00

The two products -- Finacle Payments Bank and Finacle Small Finance Bank solutions -- are part of EdgeVerve Systems, the product subsidiary of Infosys, the country's second largest software services firm.

Finance Ministry knocks down PM Modi's idea of Rs 25 currency notes

Last Updated: Wednesday, September 2, 2015, 13:20

To overcome usual shortage of coins, Union government should have coins only in denominations of rupees one and five with gradual introduction of coins of rupees ten to ultimately replace notes of this denomination.

China's AIIB to offer loans with fewer strings attached: Sources

Last Updated: Wednesday, September 2, 2015, 08:42

China's new international development bank will offer loans with fewer strings attached than the World Bank, sources said, as Beijing seeks to change the unwritten rules of global development finance.

Shaktikanta Das takes charge as Economic Affairs Secretary

Last Updated: Tuesday, September 1, 2015, 23:22

Senior IAS officer Shaktikanta Das has taken charge as the Secretary for Department of Economic Affairs in the Finance Ministry.

CBDT to soon issue instructions on MAT issue

Last Updated: Tuesday, September 1, 2015, 19:25

With the Justice A P Shah panel recommending non-applicability of Minimum Alternate Tax (MAT) on FIIs, the revenue department is likely to soon issue instructions to field officer not to pursue pending cases against foreign institutional investors.

Ratan Watal new Finance Secy, new team takes charge

Last Updated: Monday, August 31, 2015, 22:15

Ahead of beginning of work on the Budget for 2016-17, government Monday designated Ratan P Watal as new Finance Secretary even as a new team of officials took charge at the finance ministry.