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Finance Ministry Urges Public Sector Banks to Resolve Small Debt Defaults through Haircuts

Nidhi Mishra - May 30, 2023

The Finance Ministry of India has urged Public Sector Banks (PSBs) to proactively address small debt defaults by considering haircuts, marking a significant step...

Bank

FinMin applies an amnesty scheme for traders failing to meet the export obligation.

Nidhi Mishra - May 19, 2023

The Finance Ministry has introduced an amnesty scheme for traders who have failed to meet their export obligations. The scheme aims to provide relief...

Finance

GST collection hits an all-time high of Rs 1.87 trillion in April

Nidhi Mishra - May 2, 2023

On Monday, the Indian finance ministry data showed that India's goods and services tax (GST) collection for April hit an all-time high of Rs...

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