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ministry of finance

Economy and Finance

Punjab National Bank recovers Rs 16,000 crores from bad loans, Q3 reports profit of ₹246.51 crore

OpIndia Staff -
Despite 100% provision made for the Rs 13,000 crore scam in which Nirav Modi is the prime accused, PNB posts a profit last quarter
Government and Policy

Interim Budget may go beyond conventional vote-on-account, indicates Finance Minister Arun Jaitley

OpIndia Staff -
Jaitley rubbished doubts that he is under pressure to present a populist budget after the recent election defeat in three states and ahead of general elections in April-May
Economy and Finance

Modi government cuts fuel prices by Rs. 2.50, Maharashtra and Gujarat slash prices by an additional Rs. 2.50

OpIndia Staff -
Excide duty has been reduced by ₹1.50, while oil marketing companies will cut prices by ₹1.00, states asked to match the reduction by reducing VAT.
News Reports

Modi govt’s crackdown on D-company : Another Dawood property to be auctioned in Mumbai

OpIndia Staff -
SC dismissed the plea of Dawood's family in April and had ordered the Indian government to seize and sell properties of Dawood
News Reports

Direct Tax collections exceed budget target, 26% more returns filed than previous financial year

OpIndia Staff -
the net direct tax collections are 17.1% higher than the previous financial year.
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